Bitcoin is about to experience what is called an SD-Wave or an SSD-Wave. What determines the nomenclature is the size and magnitude of the wave... Let me explain.
➖ If the next move starts, builds up speed, goes fast but maxes out at around 20-30% down; this would be called an SD-Wave or Super-Down-Wave.
➖ The next option is what analysts called the SSD-Wave and it is something you don't actually want to experience. If the major move goes fast enough and surpasses 40% reaching to the point of 50% then it definitely qualifies as a Surprise-Super-Down-Wave (SSD-Wave).
👉 To be honest, I think we are in for the SSD version because the chart is saying so.
Do you agree with this market analysis?
If yes, leave a comment saying so.
If you do not agree, look at the declining volume in the past four months and look at the market dynamics as a whole and then comeback, you will be surprised to find out that I am right and you are wrong.
Namaste.