A long-term forecast for bitcoin. Using an exact copy of the 2013 cycle overlayed to fit on the monthly chart. This analysis gives a 10-year bitcoin bear market. Well, I hope my analysis is wrong.
I've been following this chart and have been able to predict the top at 60K using this mythology.
I think bitcoin will now continue down to 20K on this leg. I am overall bearish, if not will test the 40K to 46K where id anticipates rejection and a failed rally before heading to 20k.
I'm a margin seller at 46K and I'm a buyer at 20K.
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