The CryptoSniper's Bitcoin prediction --- $140k
Updated
If we can envision a Inverse Head and shoulders forming.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of 140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a 80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow.
That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level)
But lets's be optimistic and aim high
but recognise the value of having BOTH targets in mind.
TheCryptoSniper Thank you for your ongoing education and dedication to your craft.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of 140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a 80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow.
That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level)
But lets's be optimistic and aim high
but recognise the value of having BOTH targets in mind.
TheCryptoSniper Thank you for your ongoing education and dedication to your craft.
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The head was created now the right shoulder is forming
how long will it take?
I expect a low to be made soon
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Neckline breakoutSideline money you have been warned.
Sniper laid the map out for you.
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The move to 80K is happening quicker than people have positioned for. FOMO
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gotta remember we were 7k off the linear target !!
thats was a wild run
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let's add that linear target of 123k into the mix as well shall we.
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lovely monthly candle
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