BitcoinUpdated BTC bullrun outlook
Hello,
After a long time I publish a new idea.
This is my analysis from BTC from the last couple years.
In my opinion BTC still has to go parabolic.
+100k seems possible, let us not forget even 300k in the parabolic run is also possible.
When BTC will go parabolic I think it will only take around max 4 weeks till the crash.
All depends how long BTC will stay around 70k$ imo.
Correction of 85% like always? I doubt so.
Too much institutional money, people will buy in before bottom even gets reached.
What correction do I anticipate?
Depending how high we go, I expect to 100k a correction around 50% probably.
If we go higher (like 300k supposedly) I think 70% is still possible.
Eth and Alts will have bigger corrections, 80-95% for sure.
When will it go parabolic?
I think it all depends when BTC goes to 70K and how long it will stay there.
In my personal opinion I see the market still rally for couple of months.
THIS IS NO FINANCIAL ADVICE.
PLEASE DO YOUR OWN RESEARCH ALSO.
Any questions, feel free to post them
After a long time I publish a new idea.
This is my analysis from BTC from the last couple years.
In my opinion BTC still has to go parabolic.
+100k seems possible, let us not forget even 300k in the parabolic run is also possible.
When BTC will go parabolic I think it will only take around max 4 weeks till the crash.
All depends how long BTC will stay around 70k$ imo.
Correction of 85% like always? I doubt so.
Too much institutional money, people will buy in before bottom even gets reached.
What correction do I anticipate?
Depending how high we go, I expect to 100k a correction around 50% probably.
If we go higher (like 300k supposedly) I think 70% is still possible.
Eth and Alts will have bigger corrections, 80-95% for sure.
When will it go parabolic?
I think it all depends when BTC goes to 70K and how long it will stay there.
In my personal opinion I see the market still rally for couple of months.
THIS IS NO FINANCIAL ADVICE.
PLEASE DO YOUR OWN RESEARCH ALSO.
Any questions, feel free to post them
Note
grinding nicely, soon breakout I guess
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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.