BitcoinAlış
BTC Long Term Analysis: The Lazarus Case
YOU CANT KILL BITCOIN
3/18: $7500 on the weekly chart. i don't see us falling much lower although we might get wicked down there.
Then a nice increase on the weekly up to 11.7k, even breaking the strong downtrend line develops from December.
At this point, we'll see true capitulation-- as we see bitcoin "die" down to
4K, even wick down to $2600 area.
"Be fearful when others are greedy, and greedy when others are fearful".
Not certain where the next euphoria will stop, but I'm guessing somewhere close to 35-40k.
Best case scenario:
We go ahead and hit capitulation at4K now (instead of pumping to 11.7k) and get this over with.
Either way,4K has got to happen--in fact it's necessary for the next rocket ship ride to Euphorialand.
3/18: $7500 on the weekly chart. i don't see us falling much lower although we might get wicked down there.
Then a nice increase on the weekly up to 11.7k, even breaking the strong downtrend line develops from December.
At this point, we'll see true capitulation-- as we see bitcoin "die" down to
4K, even wick down to $2600 area."Be fearful when others are greedy, and greedy when others are fearful".
Not certain where the next euphoria will stop, but I'm guessing somewhere close to 35-40k.
Best case scenario:
We go ahead and hit capitulation at
4K now (instead of pumping to 11.7k) and get this over with.Either way,
4K has got to happen--in fact it's necessary for the next rocket ship ride to Euphorialand.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.