Just a creative scenario for Bitcoin. If the flags continue, Bitcoin can soon reach 190K. We have previously seen "impossible" things with Bitcoin so nothing surprises me anymore. Let me know what you think!!
We have to make 1 more low to complete the BEARS and start the BULLS. No moons, no Lambo's just a steady grow the first months. Bitcoin must build a trusted foundation to build on before there's a big wave up.
2 times bullish if we close today above 6930. -The daily candle will be a green "hammer" candle. If we have enough voluwe the weekly candle will also be a green hammer . -We have a bottom in the triangle. It's also a "C" in the ABCDE wave. If the daily close below 6930 we probably go down to the 6K zone.
Bitcoin is in a ABCDE wave. The big money is waiting to get in. And we have to wait a few more weeks for the big gains.
Where do we go with Bitcoin? Can we see a new buttom? The people that took profit above 10K wants to come back in the market and waiting for the right moment. The patient money is waiting! So we will go back up. But how low can we go??
I was right on my last chart And I think we go to $7300 in a few hours.
I think we're still in a bullish trend . If there's no crazy news and enough support we hit $6530 in a few days. We also can go back to $5930. The bullish trend continue till the Hardfork on 16 Nov with a high somewhere between $7249 and $7895. Ater the Hardfork there will a pullback. There will be 2 Bitcoin after the fork so the price have to find his way. Maybe...
We will go into a triangle and find many support on the lowest (purple) line. It wil break out and find resistance on 10.2 OR 10.7. Let me know what you think!
We will go into a triangle and find many support on the lowest (purple) line. It wil break out and find resistance on the 10.2 or the 10.7. Let me know what you think!
Here is my first trade that i publish. I think we never goes below 5k anymore. How bigger the marketcap of BTC will be, how more whales come in. Let me know what you think.