- Ethereum might swing towards the 3800 dollar mark on the arithmetic scale - Bitcoin might swing towards the 52000 dollar mark on the arithmetic scale
It's important to not rush in any trades yet
For December and January I believe this chart is valid (with 1 big downwick if the gap fill happens)
The new COVID-19 variant Omicron is having effect on the market right now. Once the effect is over I believe we will go parabolic for one more last push. This will be the exit liquidity for big funds.
This is not financial advice, this idea is for eductional purposes only
Note
Bitcoin chart - arithmetic scale
Note
Ethereum chart - arithmetic scale
Note
The most important chart to back this idea up. Remember, it only plays out if bitcoin goes towards 100k mark
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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.