The 786 Fibo from the wick after the blow of top, that wasnt real anyway, has been reached. The yearly trendline from the deepest dip last year is also hit, i would expect a bounce now,but nothing is sure ofc. Its waiting for a shortsqueeze i'm afraid, Long with tight SL, just below the trendline -3-4% is my advice. If it breaks, we'll see 6800$ for sure.
I lowered the top of the Fibonacci to the lower wick because the highest one was not a 'real' move, this way we have a much more 'realistic' capitulation bottom at the .786 Fibo level that is the former bottom at the 7777$ level,(Btc loves symbolic numbers), 666$ was a former price without a doubt ;-) ) before the +40% pump. A capitulation move will happen, as...
I see some upside action this week, this would confirm the fractal that some people talk about, just to hit the yellow resistance trendline, and then drop down even lower then we are now. The (paid)wave-trend indicator shows also some upside in the near future, in higher tf's it remains bearish tho, The purple line is what i think is probable. Price wont go below...
My paid indicator shows also more downside in the coming days, price will bump on my trendlines for sure.
the purple drawn line is my prediction, first a little upwards again, to then dump a lot deeper
I'm seeing that a lot of my trendlines are converting to this one point on 8888$ on Dec, 12th 4AM UTC. Let's see.
This is my best prediction untill 22december, so slowly more down, as the purple line shows, (i know i could draw things better ;-) ) It repeats the fractal it always does before the halving, so very probable impo, and that of Filbfilb (TV) and Kevin Svenson (YT). I could publish far more detailed predictions on a daily basis if one would want this, i'm right a...
Btc will, as always first touch the 618 Fib, with a great F.U.-move, as always, we know our bitch, dont we?
cause we have a little bulish div on the RSI, i assume we go higher before we go lower, as my purple line says, its my best forecast, but this time, i'm not so sure, it could dump with almost no upside on forehand. Stay safe, low lev. I stay focused on this man's forecast in any case,shout out to Flibflib!