Following my last analyzes, I could say this is the one I fell more confident with. It doesn't mean I'm sure that this will happen, because we could also be in a bull market still to finish and the price could go higher for months ahead. What I see for now is some lateralization and maybe a little more high price in the next days/weeks, then we should see a new...
From now to the end of the year, my levels of interest to buy are MA300 and MA400 weekly, between $16k and $12k. Let's see how and if we'll touch these prices to decide in which way could be safe to come back in. Good luck to all and stay safe!
In the last 10 days I had the possibility to better analize my chart, thanks to the price action too. Well, I've changed a few in terms of bottom target. It's more about timing as you can see. So we should have more time for the bull part to happen. I give a 70% of probability to this idea to be realized. The 30% left would see an higher low compared to November...
Are we going to see a bearish period as it was during 2018/2019? Well, I guess a sort of. This is just a point of view representing the last 3 months and what could happen next. No investing advise :-)
From my point of view, considering the possibiliity of a nice cross coming above 200 MA, we are close to a second bull run that could push to around 3217 sats. About the very long term I can see around 4150 sats.
Well, my iH&S is gone, thanks to just a little event like a pandemic. So, my idea is that 3850 was the bottom. Obviously, any idea now depends on world events more than ever. It's also interesting that we have discovered how btc is market correlated (for now). So, this year is THE year. The one which through we'll know if bitcoin is really anti-fragile or not. I...
Short till February (7200/7600) then long (around 15k max price 2020).