Hey guys and girls,
almost 5 weeks ago, I suggested
Oct 23, 2024 (Target = 100k)

Oct 27, 2024 (Target = 100k)

(As you well know) in November, there was some good news:
"Donald Trump won the 2024 election"
What happened next?
Bitcoin soared nearly 49% (after Trump was declared the winner of the election)
(my scenario ---> I sold)

What goes up must come down
When's the correction?
In my opinion, Bitcoin is ending its rally and expectations are shifting to a slowdown and the pressure is more on the devaluation side,
What to expect next? (medium term overview- Wave A)
To the best of my understanding, I think this chart is not representative of what the real market is.
why?
Wave 3 = $ 48,500 ( = 3.12 x length of Wave 1)
Wave 5 = $ 50,500 ( = 3.25 x length of Wave 1, means there is pressure everywhere, and I mean everywhere)
Yes, this chart tells me there is something brewing (there is something there that was not there before)
Further targets:
$ 90k, $ 87k, and $ 83k
almost 5 weeks ago, I suggested
Oct 23, 2024 (Target = 100k)
Oct 27, 2024 (Target = 100k)
(As you well know) in November, there was some good news:
"Donald Trump won the 2024 election"
What happened next?
Bitcoin soared nearly 49% (after Trump was declared the winner of the election)
(my scenario ---> I sold)
What goes up must come down
When's the correction?
In my opinion, Bitcoin is ending its rally and expectations are shifting to a slowdown and the pressure is more on the devaluation side,
What to expect next? (medium term overview- Wave A)
To the best of my understanding, I think this chart is not representative of what the real market is.
why?
Wave 3 = $ 48,500 ( = 3.12 x length of Wave 1)
Wave 5 = $ 50,500 ( = 3.25 x length of Wave 1, means there is pressure everywhere, and I mean everywhere)
Yes, this chart tells me there is something brewing (there is something there that was not there before)
Further targets:
$ 90k, $ 87k, and $ 83k
Note
BTC- Something tells me you are wise ;)Note
enough is enough!!!Note
BTC- Wave ATarget = $ 93149
Note
I bought at $ 94.1k (10%)Note
I bought at $ 94.2k (10%)Note
I bought at $ 94.3k (10%)Note
Buying opportunityBTC
ETH
ETC
we will see
Note
Bulls will step in hard!Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.