BTC on Monthly scale. Long term Price speculation.
Trying to make a play on market psychology here. Monthly setting up for Bull Flag Pattern. If we are to follow the trend (and maybe assume we are in a multi-year bull flag - does that exist?) then higher highs and higher lows are expected. Monthly chart with a cyclical yearly trend prediction depicted above. NO WAY the perma-bulls (and bots will let this month print a lower low, but August can see us fulfilling the GAP. This will bring ALL-TIME FEAR back to the market and shake the weak hands. Rally in September to near term levels will keep steady investors in. then back to near term lows shaking the last of the weary hands, before making its way through ATH in December.
I have my buys put in. Stop Losses were a painful lesson to learn, but are also set. Let me know your thoughts and opinions on my analysis.
Wishing you all the happiness and good fortune.
-BSB out
I have my buys put in. Stop Losses were a painful lesson to learn, but are also set. Let me know your thoughts and opinions on my analysis.
Wishing you all the happiness and good fortune.
-BSB out
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