BitcoinShort
Target for BTC based on previous history
By examining BTC's history, each long term swing low after our previous highs went down around 70% each.
By using FIB retracement, identifying 20k as a psychological support, and estimating a 70% drop from the top, these 3 factors line up too close in my eyes to be any mere coincidence.
Perhaps we won't see below 20k again? We'll see, leave your personal targets below to compare and contrast, I'm interested to see what others think.
Not Financial Advice,
Thank you
By using FIB retracement, identifying 20k as a psychological support, and estimating a 70% drop from the top, these 3 factors line up too close in my eyes to be any mere coincidence.
Perhaps we won't see below 20k again? We'll see, leave your personal targets below to compare and contrast, I'm interested to see what others think.
Not Financial Advice,
Thank you
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.
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.