This chart is not exchange specific. This is focused on information regarding the bear market and when will it end.
I have a theory and its color coded. I have several charts that i have posted in November that show potential bottoms for the market.
Bitcoin 6k to 9k with my personal 8181.00 forcast for the low.
If another major event happens the market could tumble much lower and Bitcoin will fall to 3k to 4k support level.
This information is real and focused on current trading.
There is no guess work here. This is knowledge that everyone needs to have without disrupting the economy any further.
Knowing the facts helps boost confidence in when to buy and how long to wait.
Markets are measured with bull vs bear power.
this market is 90% bears vs 10% bulls.
Short rallies are just a normal wave of indecisiveness and following a trend until someone starts selling and momentum
shifts down. This information is for everyone and please fill in the blanks with current events taking place and future events
that is coming. When you have all the negative infomation with dates and positive information that is coming you can close in
the timeline to determine when the bear market will end and the bull market will begin.
Hope this information helps and you can easily create your own chart with this information and add your own final touches.
Divergence in the market won't happen until back to back things start happening in a positive way.
I have a theory and its color coded. I have several charts that i have posted in November that show potential bottoms for the market.
Bitcoin 6k to 9k with my personal 8181.00 forcast for the low.
If another major event happens the market could tumble much lower and Bitcoin will fall to 3k to 4k support level.
This information is real and focused on current trading.
There is no guess work here. This is knowledge that everyone needs to have without disrupting the economy any further.
Knowing the facts helps boost confidence in when to buy and how long to wait.
Markets are measured with bull vs bear power.
this market is 90% bears vs 10% bulls.
Short rallies are just a normal wave of indecisiveness and following a trend until someone starts selling and momentum
shifts down. This information is for everyone and please fill in the blanks with current events taking place and future events
that is coming. When you have all the negative infomation with dates and positive information that is coming you can close in
the timeline to determine when the bear market will end and the bull market will begin.
Hope this information helps and you can easily create your own chart with this information and add your own final touches.
Divergence in the market won't happen until back to back things start happening in a positive way.
Note
there is a big gap for debate over what is coming.2023 has a big ?????? on it and march 13 2024 will be 4 years from the low of the last bull market. Bitcoin halving will happen in 2024 also and that means miners will lose half of there projected returns. This could be good or bad depending if the bullmarket begins.Miners could diversify and expand throughout the market to makeup the difference. Only time and patience will determine the future forcast.
Note
Another theory is the next bullmarket Bitcoin would need to hit 140k+ to generate the same amount of profits that 2020-2021 produced because the halving will gut returns unless fees go up and that would deter people from bitcoin. This is a big question for debate.Note
New UPDATE to add to timeline October 21 2022 crypto.com sent 400 million dollars to the wrong address.How in the world can something like this happen???
Today is November 14, 2022.
We are just hearing about it now a month later.
Soon after the news broke people started pulling their money off the exchange.
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.