Bitcoin
Short

dont fall for the hype , 12k to 2k ?

Updated
While people are thinking that we are going to the moon , we could go to 12k and still come down.

do not fomo in , this will come down sooner or later, this is not the bullrun ...

the major confluence showed in previous charts basically indicated this pump.

what comes up must come down.
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went straight through the lower time frame fib circles , straight up to big blue fib circle
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we have bounced off the blue fib , and settled around green fib channel , we could ride down blue fib circle , or go through towards yellow fib
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Watch how price respected the lines drawn on charts !
We bounced off orange fib line , then broke out for rally
Then got caught in triangle between big blue fib circle and green fib channel , broke blue line and rallied again headed towards big yellow fib circle !
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Perfect bounce off the yellow fib , it looks like the red bar patterns drawn will play out as shown , notice how prices respects all lines !!!
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we are approaching yellow fib again watch out for next big move

upside target 12100

downside target 10700
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12100 reached ,

we ll bounce off the white circle most probably.

if we break it we r going up to 13100
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Price is still scared of bigwhite !

but sooner or later u will have to entangle yourself with it

look what happened last time we touched bigwhite
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getting close
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We are there finally , big white fib circle ,If we break 12500, we r going higher

Most likely we will bounce to downside
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watch out , watch out !!
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WE CROSSED WHITE FIB AND MAJOR MOVE UP
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next target i think 13100 and then correction
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bullrun cancelled hahah
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we broke white fib , move up , now we coming down for retest
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retest of big white happened as predicted we r continuing to follow along
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as you can all see now , crossing big white fib circle started the down trend !

also we can see that the red and green patterns have the same shape as price action.

to me next target is around 8000 , now we are in full blown " second wave"

Brace yourselves !!
BTCBTCUSDTrend Analysis

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