BTC LONG TERM in 3 months ~ 4650$
A crash-pattern market doesn't end with a "hope phase" that turns out bull again. For me we're still in denial phase heading to capitulation: long term holders will slowly release their calls and shorters will get in to create "ilusional phases" were prices seems going up again, but they will fall.
It will eventually get to a lower low. We're expecting volatility to decrease until it dissapears at the end, when smart money will jump in to begin a new long-term bull cycle as it did in 2014. We don't exclude more lower lows than 4650$. Those who might tell you that now "things are different" will try to convince you to put money in a market that's crashing. If you do so, short it.
It will eventually get to a lower low. We're expecting volatility to decrease until it dissapears at the end, when smart money will jump in to begin a new long-term bull cycle as it did in 2014. We don't exclude more lower lows than 4650$. Those who might tell you that now "things are different" will try to convince you to put money in a market that's crashing. If you do so, short it.
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.