Mr_wasgehtsiedasan

Mr_wasgehtsiedasan

Bitcoin continues to build bearish momentum and continues his downtrend. As the next crucial point, the support at around 43k should be broken, which could take us down to 38k or even significantly lower. In the daily, we have also formed a bearish engulfing as the top of the B wave (In the weekly, we also have one), the facts at least speak for themselves. So...

Mr_wasgehtsiedasan

After I have worked for a long time on the long term analysis and became increasingly dissatisfied with the count, I have made this once completely new. Whether this will occur so one can not say yet, it is only a possibility. If you look at wave 1 as follows, it is noticeable that the sub-waves are very similar to the superordinate and possibly show us how it...

Mr_wasgehtsiedasan

At the weekly chart, we have a bullish divergence with 3 confirmations and reached a strong support zone.

Mr_wasgehtsiedasan

Bitcoin perfectly reached our resistance and corrected 61,8% of the previous sell. At the H1 we have now a bearish engulfing, which is a strong sign for a correction or Trend reversal. The next days could be funny!

Mr_wasgehtsiedasan

Bitcoin finished a leading diagonal, so that's just the beginning. We could see for the next 200-800 days a new bear market.