Price Movement:
I expect that we will get an impulsive move to the upside, where everybody thinks that the correction is over.
Then when everybody buys back in we will see a huge dump, going deeper than the one beforehand.
And when everybody thinks BTC is dead then we will see bull again.
Price levels:
This idea is more about the timing than the price, therefore let's just say for now that I think that we have a very high possibility of seeing the 1k lvl again.
The Timing
Using Fibs to project the timing of corrections, it is very likely that we will see a turnaround mid next year (Aug - Sep).
Probably right in between.
I expect that we will get an impulsive move to the upside, where everybody thinks that the correction is over.
Then when everybody buys back in we will see a huge dump, going deeper than the one beforehand.
And when everybody thinks BTC is dead then we will see bull again.
Price levels:
This idea is more about the timing than the price, therefore let's just say for now that I think that we have a very high possibility of seeing the 1k lvl again.
The Timing
Using Fibs to project the timing of corrections, it is very likely that we will see a turnaround mid next year (Aug - Sep).
Probably right in between.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.