I did make a post where i saw bch repeating the same pattern. Until now i'm sticking with this view.
Bounce for september or october. I did not buy into the rally until the 900 ish. I do think we must come back down. it's to soon for rally.
True hodlers will make price go sideways and maybe little upwards.
This is my opinion in this market quite some time. This...
Just some random thinking .....
BTC is doing great with a fast (very fast) rise.
I'm still bearish in the overal trend.
My previous charts show the way imo. I had a possible target @ 900ish. This new target could make it also.
Thx
Until now i see it is following my first idea. I can see a breakout. But i think the bearish trend will remain intact. It could rally until the 900ish.
then short for the final decending wave 5 and reversal (bottom).
What about this idea ? I do think more lower low has to come. Then bouncing upwards from trendline? Maybe. The duration of the lowest low could take until september, october... maybe later. imo
I'm not a trader. I do like watching (study) charts. Feedback would be nice.
Thanks!
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