Bitcoin
Singkat

BTC - short scenario ... still very possible

1132
no matter how high we go now, sooner or later we'll have a correction and if the 5k level doesn't hold, we might still drop to the 2k levels ... not saying that is must happen for sure, no ... plenty of possibilities for it to actually bounce above the previous low and move up again, but it's all about counting the signals, isn't it !?

I'm still seeing plenty of signals that indicate this bear market might not be over yet, this while I also see plenty of signals to conclude that 3.2k might indeed have been the bottom and no matter how heavy the next correction might be ... it will not reach 3.2k ever again

both scenarios are possible, the question is ... which one is most likely?

well, it all depends on the next correction, because as long it bounces above the 6k level, it's undeniable a bull market, but if it were to go below the 5k level ... I wouldn't be surprised if it takes a massive dive below the 3k, which would mean that we're in fact still in a bear market ...

the bottom is supposed to push out all the bad actors, most exchanges are corrupt as fuck ... none of them went broke ... if bitcoin doesn't clean up house right now ... it has failed

sure, it will be around for a long time and we'll be getting rich of it, just like the FED and fiat, but it would not better than fiat/federal reserve/fractional reserve banking ... so, it failed !!

we need a prolonged bottom to get all the bad players out ... because right now; ALL of them are still there !!

so ... I'm waiting for the next correction, to then wait for the next bounce, as only then we'll now for sure

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.