Bitcoin Liquid IndexShort
How low can it go?
Updated
Just putting it here for myself too see if it works out
My target is ca 7200 (could go lower, but I don't want to miss it)
Bedrock support which BTC has enjoyed over the years:
i.imgur.com/FMQwPxY.png
Unfolded log chart (deducted support):
i.imgur.com/l82wcxC.png
Future support:
01.09.2019 4970
01.10.2019 5250
01.11.2019 5560
01.12.2019 5870
01.01.2020 6210
01.02.2020 6570
01.03.2020 6920
01.04.2020 7310
01.05.2020 7710
01.06.2020 8150
01.07.2020 8590
01.08.2020 9070
01.09.2020 9580
01.10.2020 10100
01.11.2020 10650
01.12.2020 11220
My target is ca 7200 (could go lower, but I don't want to miss it)
Bedrock support which BTC has enjoyed over the years:
i.imgur.com/FMQwPxY.png
Unfolded log chart (deducted support):
i.imgur.com/l82wcxC.png
Future support:
01.09.2019 4970
01.10.2019 5250
01.11.2019 5560
01.12.2019 5870
01.01.2020 6210
01.02.2020 6570
01.03.2020 6920
01.04.2020 7310
01.05.2020 7710
01.06.2020 8150
01.07.2020 8590
01.08.2020 9070
01.09.2020 9580
01.10.2020 10100
01.11.2020 10650
01.12.2020 11220
Note
Just to be clear, we are not falling in a straight line. A temporary corrective bounce just below 9k (8800-8900) is likely, but these things are almost impossible to catch and predict.
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