BTC 2020 ATH Fractal study
Updated
Good day Traders.
After observing different fractals I have extracted the previous rally towards 13k before we had the Corona crash party back in March.
3 Scenarios, all high volatility and high risk for trading that waves(we are going big now, grown up, acumulated or not).
RED scenario
You wouldn't believe, the worst crash of price NOW would have the most bullish outcome until the end of the year. If we rally hard now in the following week until 20k, we would hit a new time high and then crash to as much as 10500 or even lower. Then the price would get up to ATH in no time, maybe even hit 30k by Chistmas and we would start off the year of 2021 in style for the run towards 100k.
GREEN scenario
If we rally really hard with all the FOMO coming in, until mid December steadily, we would hit ATH around 30k, and then crash down between Christmas and beginning of 2021 to 15k (50% drop). that would make us calm until the summer, where we will experience one more parabolic change.
YELLOW Scenario
This is maybe the most probable one. Bulls rally with heavy liquidations until around 20-21k, We exaust the buy pressure, and bulls take advantage. Kick us down to below 10 into the "bear zone". We maybe even fill the "CME" gaps on lower timeframes and dump to as much as 8k and still finish of the year above even 15k, because we will buy it with all the worthless dollars we have. We will still get to a price of 15k with no problem in a 2 week period.
Conclusion.
Just believe guys, this is the disbilief phase, dont get scared, dont let your future go away, systain!
Happy trading. Not financial advice.
-----------------------------------
Tell me what you think, all comments appreciated.
After observing different fractals I have extracted the previous rally towards 13k before we had the Corona crash party back in March.
3 Scenarios, all high volatility and high risk for trading that waves(we are going big now, grown up, acumulated or not).
RED scenario
You wouldn't believe, the worst crash of price NOW would have the most bullish outcome until the end of the year. If we rally hard now in the following week until 20k, we would hit a new time high and then crash to as much as 10500 or even lower. Then the price would get up to ATH in no time, maybe even hit 30k by Chistmas and we would start off the year of 2021 in style for the run towards 100k.
GREEN scenario
If we rally really hard with all the FOMO coming in, until mid December steadily, we would hit ATH around 30k, and then crash down between Christmas and beginning of 2021 to 15k (50% drop). that would make us calm until the summer, where we will experience one more parabolic change.
YELLOW Scenario
This is maybe the most probable one. Bulls rally with heavy liquidations until around 20-21k, We exaust the buy pressure, and bulls take advantage. Kick us down to below 10 into the "bear zone". We maybe even fill the "CME" gaps on lower timeframes and dump to as much as 8k and still finish of the year above even 15k, because we will buy it with all the worthless dollars we have. We will still get to a price of 15k with no problem in a 2 week period.
Conclusion.
Just believe guys, this is the disbilief phase, dont get scared, dont let your future go away, systain!
Happy trading. Not financial advice.
-----------------------------------
Tell me what you think, all comments appreciated.
Note
I am adding a pink scenario as well, since there are 4 ways to twitch the bar pattern, and I recalibrated them in order to be more precise, although this is pure unconventional speculation by my opinion.Note
As well, if we pay attention to the red channel lines, we have been moving in between or near this lines the whole time, so the current curve does indicate we will have a big wave in both directions before the end of the year. The 4 scenarios are the 4 most likely outcomes which indicate that all fib lines in between 1 and 1.6 macro(white) and 0.618 and 1(green).Note
Short term posibilities for BTC relying on fractaling last 8 days of change in price.
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