Hi all,
This is my view of BTC in longterm.
Please scroll left and right and up and down to see my explanation on every wave.
Note that we will not see this high before meeting new low. I have added my previous midterm view on bitcoin
Opinions are welcome
This is my view of BTC in longterm.
Please scroll left and right and up and down to see my explanation on every wave.
Note that we will not see this high before meeting new low. I have added my previous midterm view on bitcoin
Opinions are welcome
Note
0.382 fib did not hold, but it did almost hit 0.236 fib. In crypto market, most of the reversals happens on 0.236 fibs.
As long as we close monthly above this level, it is still "normal".
What if we close monthly below it? Well it opens up for more down and bitcoin made its way open for 1.3k-2.2k-2,5k-3,5k as possible reversal to bull again
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Related publications
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.