BTC Big picture $10,500 --> $7K, --> $17K
Updated
Hi traders, just sharing some thoughts.
Short term: Break descending trend line for an ultimate bull trap,
Medium Term: Fall back into triandle, towards summer/fall, targeting 7k. This would make a beautiful right shoulder for inverse H&S.
Longer term: Breakout to 17k in December, early 2021 for the *start* of the bull run. More tricks to be played as this target gets reached.
I don't know how much more there is to say outside the fact that this would fill bull and bear nightmares and dreams. I think it is a likely scenarion (unless we get anymore liquidity traps like we did in March 20').
Calling my shots. Know this information is pretty much useless for short term trading.
Regardless. Good luck traders.
Short term: Break descending trend line for an ultimate bull trap,
Medium Term: Fall back into triandle, towards summer/fall, targeting 7k. This would make a beautiful right shoulder for inverse H&S.
Longer term: Breakout to 17k in December, early 2021 for the *start* of the bull run. More tricks to be played as this target gets reached.
I don't know how much more there is to say outside the fact that this would fill bull and bear nightmares and dreams. I think it is a likely scenarion (unless we get anymore liquidity traps like we did in March 20').
Calling my shots. Know this information is pretty much useless for short term trading.
Regardless. Good luck traders.
Note
First target reached, but believe we will hit around $10,350-$10,500 ish, before reversalNote
Looks like we will reach target 2 quicker than anticipated. Everyone calling for 20k and 
4K don't know what they are doing. Planning to accumulate next few weeks,Note
Annnnd we are looking very good here...Note
I mean... what else do the people want?1
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