BitcoinUpdated Entry and exit strategy for Bitcoin pt4
Hello future crypto-millionaires :-)
So far my analysis seems to be quite accurate and the monthly RSI (data not shown) hit an overbought level EXXAAACCTLY as in August/September 2017 (orange line). If the pattern and retracement (-40%) will repeat itself (blue lines in the right top) then we should enter a surprising but short-term correction (6-8 weeks) with strong support at 39/41k.
According to BTC.D, dominance is falling sharply and will keep going down for another few weeks, in the meantime ETH and other altcoins should pump up... STRONK!
Seems like a huge amount of good altcoin projects e.g. BNB will irreversibly steal Bitcoins Dominance forever. In my opinion, the new BTC.D high will be in a range of 55% after this supercycle will end up in autumn/winter 2021.
Part 3
Part 2
Part 1
Please check my other plots, including the prediction of BNBUSD based on long-term wave/fractals.
So far my analysis seems to be quite accurate and the monthly RSI (data not shown) hit an overbought level EXXAAACCTLY as in August/September 2017 (orange line). If the pattern and retracement (-40%) will repeat itself (blue lines in the right top) then we should enter a surprising but short-term correction (6-8 weeks) with strong support at 39/41k.
According to BTC.D, dominance is falling sharply and will keep going down for another few weeks, in the meantime ETH and other altcoins should pump up... STRONK!
Seems like a huge amount of good altcoin projects e.g. BNB will irreversibly steal Bitcoins Dominance forever. In my opinion, the new BTC.D high will be in a range of 55% after this supercycle will end up in autumn/winter 2021.
Part 3
Part 2
Part 1
Please check my other plots, including the prediction of BNBUSD based on long-term wave/fractals.
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Why I’m Confident the Bitcoin Bull Run ISN’T OVER YET!!youtube.com/watch?v=Xy_uebmReWs
colintalkscrypto.com/cbbi/
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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.