I competly forgotten about Bitcoin - opened the chart today and look where that black target line from back in Octbober 2020 ends.....58k on 23 february...
Lets see of we can get it up 600-700 then above 1000 soon possbile.
It need should break up through red prior to black line crossing - if not then next red line is crucial on downside - that goes and yellow go we are in low 20's high 19's level again.
i start believe i was right - first stop 26.000 - from there - even 18.000 and 10.000
the angel of the trend canals tilting lower - loosing momentum or lack of trust in shorter spans - gravity
yepp it falls
longer black lines
gravity taking its toll? HS back in my mind....
will it show a lat great push? been sell off at 40k - people are eager - robots push it up now - all are on the band wagon - who wins? Robot or gravity?
its steering into the triangle, now into black lines. this is robot driven.
interesting now - mirror trumpet - either fall or rocket to 42 again
this also not too good - triangle / horn
Looks like the surgical trading was the robots pumping to low 40k to lead the common man to the slaughter house..... Soon as they stop buying free fall. it must recover with confidence - or else the purple lines can be next bottom. I was a bit early out but again we got a HS with in a HS - this should be kiss off death for all major houses traders.
DEC 2017 vs DEC 2020 - reached almost 30k on 30.12.2020 - HS too - now it go to 18.000 then 10.000 to gain momentum and close the gap.
following up pervious
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