The above chart is giving three probable scenarios for
BTC's final Top. Note, while I appreciate others views that
BTC is going to $100K and beyond, I also believe that. However, based on the charts that would be in the NEXT cycle. With
BTC now in a corrective structure, NOW is the time to look for where we could go once we bottom. I have laid out three technical scenarios that I believe will transpire in the weeks and months ahead. Please also note, that I am a firm believer that the Bull market in
ALTS will not be completed until the
BTC run is complete. Even if
BTC has put in THE TOP at
65K, there would still be a meaningful
ALT season with option 3, where we have a full .702 retrace bounce to complete the structure.
Enjoy.
:)
Enjoy.
:)
JT
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JT
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.