Possible Bear market future Sub $2k ? ! ! ! ! ! ?
Using simply 2 indicators, this is what I think we could be in for.
BTC has just finished the 5th wave of a correction. And BTC looks to be putting in the first wave of downtrend impulse.
If it is a 5 wave correction, I could see it going as low as 1.8k or if it is to be a 3 wave, ~3k is possible.
Using strong prior support/resistance levels on the daily time frame, I have set out my 3 or 5 wave downtrend.
Strap yourself in, because this is going to be a tough year.
My charts are for my own personal entertainment, in no way are they financial advice - do not listen to me or anyone else on the internet! DYOR
BTC has just finished the 5th wave of a correction. And BTC looks to be putting in the first wave of downtrend impulse.
If it is a 5 wave correction, I could see it going as low as 1.8k or if it is to be a 3 wave, ~3k is possible.
Using strong prior support/resistance levels on the daily time frame, I have set out my 3 or 5 wave downtrend.
Strap yourself in, because this is going to be a tough year.
My charts are for my own personal entertainment, in no way are they financial advice - do not listen to me or anyone else on the internet! DYOR
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.