BTC What IF?(the bottom was around 39500 (for now))
What if this was temperary the bottom, can this be the right shoulder in the future? Like you can see (IF this is the head) the head has the same target on both sides (see the bleu arrows). I just have the feeling we become bullish now. the reason is maybe the f*ck the bears because a lot of people are bearish (including me when you look at the chart) also the fear and greed index is at 22 (meaning extreme fear). that can be a reason to become bullish. So who knows we will get up again till (let's say between 51000-53000).On the 51000 (depending from the moment) we also can see a strong dashed trendline or even that high like the left shoulder(around 53000).But If you take the fib 61.8° from the complet top till the bottom it's even 57000(don't believe that high but you'll never know). People are getting bullish so again a perfect moment for f*cking the bulls. So BTC is s*cking more people into it. So perfect for a really big crash. So it's possible that BTC now is creating a right shoulder. And that target will be a real disaster for a lot of people. That target will be even lower then the 200WMA and even the 300WMA (BTC is dead AGAIN). That target is around 10000dollar. That should be the final bottom. A beautifull opportunity for the next big bull run (this time the 100000) It's something to keep in mind. Never say NEVER A worst case scenario (gosh)
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