Entry and exit strategy for Bitcoin pt4
Updated
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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