BitcoinLong
BTC, Fases of a Bearmarket
First of all, this is not financial advice
Bitcoin is following the past 2 bearmarket structures
Red = Top
Yellow = crash after losing an important level (6k in 2018, 30k in 2022)
Green = re-accumulation (currently in)
After this, a push to at least the 0.618 / 0.702 fib is following wich means that 50.000 btc is in the play
Bitcoin is following the past 2 bearmarket structures
Red = Top
Yellow = crash after losing an important level (6k in 2018, 30k in 2022)
Green = re-accumulation (currently in)
After this, a push to at least the 0.618 / 0.702 fib is following wich means that 50.000 btc is in the play
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