Price Movement:
I expect that we will get an impulsive move to the upside, where everybody thinks that the correction is over.
Then when everybody buys back in we will see a huge dump, going deeper than the one beforehand.
And when everybody thinks BTC is dead then we will see bull again.
Price levels:
This idea is more about the timing than the price, therefore let's just say for now that I think that we have a very high possibility of seeing the 1k lvl again.
The Timing
Using Fibs to project the timing of corrections, it is very likely that we will see a turnaround mid next year (Aug - Sep).
Probably right in between.
I expect that we will get an impulsive move to the upside, where everybody thinks that the correction is over.
Then when everybody buys back in we will see a huge dump, going deeper than the one beforehand.
And when everybody thinks BTC is dead then we will see bull again.
Price levels:
This idea is more about the timing than the price, therefore let's just say for now that I think that we have a very high possibility of seeing the 1k lvl again.
The Timing
Using Fibs to project the timing of corrections, it is very likely that we will see a turnaround mid next year (Aug - Sep).
Probably right in between.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.