btc 7-21 update (bearish projection)
good evening,
thought i'd go ahead and share my two primary cases, to catch everyone up with my thoughts.
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this right here is my primary projection for bitcoin.
it implies that a local top will be created within the next 7 days, followed by a sharp move down into august \ september.
>downside target on this particular projection is between 13~14k.
>once this downside target is in, i think bitcoin can see a significant squeeze up into the 40k region, (maybe even higher)
>followed by one more bear phase, which bottoms out between 10~6k in late 2023.
>halving in 2024 will send bitcoin into the hundreds of thousands; i'm very bullish long term. quite neutral until a bottom is in just swinging all these bear moves in the mid-term.
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(view next post for the bullish projection)
thought i'd go ahead and share my two primary cases, to catch everyone up with my thoughts.
---
this right here is my primary projection for bitcoin.
it implies that a local top will be created within the next 7 days, followed by a sharp move down into august \ september.
>downside target on this particular projection is between 13~14k.
>once this downside target is in, i think bitcoin can see a significant squeeze up into the 40k region, (maybe even higher)
>followed by one more bear phase, which bottoms out between 10~6k in late 2023.
>halving in 2024 will send bitcoin into the hundreds of thousands; i'm very bullish long term. quite neutral until a bottom is in just swinging all these bear moves in the mid-term.
---
(view next post for the bullish projection)
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.