Bear attack, Bitcoin abc
Updated
I don't use any other factors to make the analysis, only technical analysis.
Today there are no indications that BTC will move above 70k. Around 40k at the end of the year. -30% or more.
This could be wrong
MD
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Different resistances
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I don't know how the small waves are made this month, but the only information is that September holds 60k (opening October). let's see what happens or what actually happens.
It is probably down in the big picture(the end of the year), but how it moves in the small picture can only be seen when analyzing step by step
EW 2.0:
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The most ideal would be if the macd turns green. I could identify the wave better and find out what the price pattern is from September 7.
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In the description of my channel, it says that I am researching the history of crypto. What does that mean? I apply EW 2.0, market psychology and indicators to history and study their stepwise behaviors. I have privately organized every porn.
One porn is here:
From the base, the EW2.0 movement has been the same until the blue box. we are in the blue box area today and at the end of the year the white box will be finished, **hypothetically of course**.
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If I look at the minor details, where we can hypothetically be, then based on this btc will not rise above 65k.
It is minor and it can be detailed differently in today's situation.
OSD movement (yellow marked drop), it is already major and its difference is less likely (70k).
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By clicking on the picture, you go to the analysis
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abc? let's see
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At the moment, it seems that the PMO's red signal will be confirmed on the December 1st 1M chart. The situation may be faster or slower, but December 1 is just my guess for today.
RTI out of 80 zone
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Macd crossing is something I want to see. if this has happened, I will see what price pattern has been created and and try to identify the expected bear start
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base analysis pink illustrative wave down is illustrative. falling down can happen in different ways. Why do I even have to say this? it is obviousComment
wise to be careful when reading this btc analysis comments.
The same bro who allows his comment to be supported first in my analysis (he has done this before on my channel) and then some brain giant who believes that his vision is 100% right and I am an idiot and this analysis.
In summary, there are different types of commentators:
those who don't know how to do anything with their time and push their opinion and those who have an ulterior motive.
The motive is to visit their channel, and if something is promoted there, the motive is more than certain.
If possible, I would turn off commenting.
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+ I have also received an offer to promote a little-known trading place on my channel and was offered a specific amount of money. I didn't agree.
one scam promoter may be in the comment whose comment you see first
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If the indicators are not lying, it is expected to be at least level 1.
Or x level higher, today it is impossible to predict what level it really is, there are different possibilities(depends on the volume).
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