Bitcoin

Bitcoin to 24k eventually but it will pop up first

180
Okay, there is a lot going on right now. Bitcoin dropped from 49k like I said it would from the bearish daily and bearish 4 hour RSI divergences.

Right now you can see I copied the fractal from the 65k top and i pasted it to the current 53k top. I think we're dropping down to the .618 at 38,300$ in the next week or so. .618's are common support levels and it's at a support structure. Like, exactly to the dollar on the .618 support. So that's a good sign.

You can see at letter A that I think we are bear-flagging down to the .618 right now. The daily candle close line is around september 26th so i'm thinking it happens on or before then.

You can see the .618 is actually support looking to the left at letter B.

You can see at letter C... that I think we'll have a bullish gartley (fakeout) at the .786 around end of october at 34,300$. Once the .786 breaks... it just gets decimated down to 22-24k.

You can see letter D is where I think 24k happens near november first (down to the 4 hour candle close line from a month ago). That's when I think we drop to 22-24k range. Basically first few days of november and i think we'll be down there for a month or two.

__________________________________________________________________________________________________________________

I am getting more and more bearish as this stuff keeps happening. I don't think this bull market is like any we've had before. I have to keep saying this... I think we are entering a great depression. Eventually. I do think 22-24k holds as support this time... but after a few months... once it breaks below... I really think you guys are going to be shellshocked with how low bitcoin goes.

We're having a black swan event in 2022. The ultimate black swan event. At least, that's what I think.

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.