*** Disclaimer***
This is purely technical analysis.
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Time:
Based on historical bulls and bears of
BTCUSD, it appears that the major low for long-term corrections is in the range of 364-413 days.
Price:
Price ofBTCUSD appears to make sense in logarithmic scale. Long-term corrections are to the area of 0.618.
The proceeding bull runs appear to surpass the preceding bull runs' high by 13% log or 41.4% log. As such, in the "Open Trade", the Target is set, conservatively, to 13% log at around 112,000 price point. The Stop is set to around 5,700 with no justification, except thatBTCUSD has never corrected more than 61.8% historically.
This is purely technical analysis.
****************************************
Time:
Based on historical bulls and bears of
BTCUSD, it appears that the major low for long-term corrections is in the range of 364-413 days.Price:
Price of
BTCUSD appears to make sense in logarithmic scale. Long-term corrections are to the area of 0.618.The proceeding bull runs appear to surpass the preceding bull runs' high by 13% log or 41.4% log. As such, in the "Open Trade", the Target is set, conservatively, to 13% log at around 112,000 price point. The Stop is set to around 5,700 with no justification, except that
BTCUSD has never corrected more than 61.8% historically. 
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.