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Bitcoin
Updated

Bitcoin is ready to shake out again before 10k+

12 045
Bitcoin will need to shake out all this fomo one more time before parabolic upside movement comes back .

Support at 9000$

Support at 8000$

Next resistance levels after bounce 10k - 13k - 15k
Note
Bitcoin Long-term market cycle study on LOG chart
 Then after the dump at resistance levels of 10k-13k-15k we will see the parabolic leg to 100k+
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snapshot greed might extend a bit past 10k before shakeout
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snapshot Shakeout won't be as drastic as I originally thought
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snapshot shakeout started
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snapshot Shakeout complete 13k - 15k here we come
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snapshot
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snapshot Watching consolidation
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snapshot Support found ready for continuation
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snapshot if support doesn't hold 8000$ is the next support.
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snapshot Next stop 15k then watch for possible fomo to 20k+
High_Altitude_Investing
Also on:
BTCcryptoHarmonic PatternsSHAKOUTTrend Analysis

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BTCcryptoHarmonic PatternsSHAKOUTTrend Analysis
High_Altitude_Investing
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.