Exciting and interesting moments.
Some mid term scenario's: from extreme bullish to finding the last bottom:
Small triggers can be enough to create a fast break out, followed by an early FOMO reaction. We are really close. The other extremely scenario is a pull back to the down trend again. Not a very likely, but there is even a small change we need to finish the Eliot wave and find the very last bottom.
I really hope to something in between, so we can build up a strong fundamental base for a healthy bullrun in the next 1.5 year. A longer period for the bullrun is even better to give bitcoin and alts the change to improve their technology and acceptation by institutions and governments.
Lets see what comes folks!
Small triggers can be enough to create a fast break out, followed by an early FOMO reaction. We are really close. The other extremely scenario is a pull back to the down trend again. Not a very likely, but there is even a small change we need to finish the Eliot wave and find the very last bottom.
I really hope to something in between, so we can build up a strong fundamental base for a healthy bullrun in the next 1.5 year. A longer period for the bullrun is even better to give bitcoin and alts the change to improve their technology and acceptation by institutions and governments.
Lets see what comes folks!
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.