Next few days are critical for BTC. Thoughts are written on the chart. Good luck out there!
We're coming close to another decision point. T-minus 5 hours. This time it could go either way. Be ready for the breakout. Targets are the green circles. Good luck out there!
Bears wet dream. Just another possibility.
Always try to layer in your buys. This way you average in total cost and you will get more of your orders filled. If you are betting a reversal is coming, you want the price to dump to your bigger order sizes. Good luck!
Coming up on a very interesting point. Will we bounce again? Or is this time different? /popcorn
In this version we go to log scale and see this is possibly the beginning of a long term return to the mean. It's also the one that makes the most sense to me. Crypto will be the future and the future isn't here just yet. This recent run up has funded incredible projects that would have never seen the light of day. Also funded some complete scams. This money will...
In trend 3, we go much lower before resuming the bull run. Moral is that regardless of what happens BTC over time will continue to rise. Try thinking in a larger time frame.
Following trend 2, we may fall to around 6k before resuming the bull run.
Following trend 1, the correction is now over and we will resume the bull run.
Added Inverse Head & Shoulders showing measured move. Wave 4 should retest the necklines general level before starting wave 5.
Getting closer to optimal trade entry. Should hit top of wave 5 tomorrow.