I think we will see this since there is more buying pressure then selling pressure and that price broke and re tested the resistance line. I also believe before a big dump we need liquidity so a scam pump is ideal before making newer lows.
Idea for a Long Positions for ETH. Entry $1130-1115 Targeting the Fair Value Gap and Buy Side Liquidity. NFA. Remember Risk Management
I was strongly bearish and got my previous predictions wrong, but I am still bearish.. I dont know how or when we will make a lower low but this is an idea of whats to come before heading down to $600.
I got my old predictions wrong, with good CPI news as well the markets pumped. I believe we could go to these levels before heading down again if we can break and hold above $1350 - I will be adding shorts around these levels.
Last 2 scenarios either we dip from here and make lower lows or we have a fake out to $17,400-600 then have a quick drop to lower lows. I still remain bearish i doubt we are bullish but if were are bullish I dont see Bitcoin going any higher than $18,500-800 before making lower lows.
Price is behaving similarly to when Bitcoin was at $32,000, lots of bull traps then a huge drop to $20,000 I think we could soon see $10,000 for Bitcoin.
I cant predict or know how price will go but I have a strong feeling we wont be making any more highs now, this pump was the highest we will see bitcoin for a while. We could see another pump but I would short. I highly doubt we will break above the white semi circle as there is strong rejection from those levels. NFA, do what you believe at the end of the day.
An idea before ETH makes a lower low to $1205. Entry for a short here with good risk management, NFA.
I either see downside from here straight away or we get one last small pump before major capitulation to 12-10k.
Along with Bitcoins PA, I see this as the top for ETH, I see more downside from here, with a SMT divergence with Bitcoin. Testing Testlines and Bullish PA is going weaker. I think we will see lower lows very soon for ETH. I am shorting from here NFA.
I did not see the pump back here coming but I am seeing this as bearish, If we dont break and hold above the red line I think we will see $10,000. I doubt we will be bullish here because each cycle Bitcoin does around a *85% drop and we have not reached that target yet. I would short / sell around these price levels and try to get back in cheaper. NFA
Just for fun, assuming bullmarkets and bearmarkets behave similar for the next 10 years. I bet we will see Bitcoin at $1,000,000 By 2028-2030
Big move happening soon, I bet we wont go above $18,000 if we got a pump but I reckon big drop incoming to $10,000 very soon.
Based on the last bearmarket I recon we will get a pump from $9,000 to roughly $37,000 giving a nice 4x. Price wont follow exactly like this but the levels are likely.
I recon we could visit $80-$100, this would be a great buying opportunity for long term investment. I reckon next bull market we could see BNB at $1,000-$4,000 a coin. Will be buying at these levels.
Good short now in my opinion to lower lows, use each resistance as a take profit. Potential good investment, if you believe in the project.
I see new lows for alts and bitcoin soon, I recon buying in this red zone or lower will be a good entry to buy XDB. I believe we could see a nice pump could be even bigger after the bear market bottom.
I see this as a possible projection for Bitcoin's price action, however way it goes I reckon we will be heading down to 12k next.