You may wonder, where did I get this price path prediction from?
I audited the entire chart of bitcoin from when it was created to now.
Compared every top, bottom and consolidation move to present. The one you see here does not accurately predict the EXACT price it rejects, supports from BUT, it has predicted the last few months of price action for me so far.
First target is
88K
Second target is $85K-$84K then a bounce back to $105K and a drop.
For the next few months, Bitcoin is going to be volatile and consolidate during its top formation.
I audited the entire chart of bitcoin from when it was created to now.
Compared every top, bottom and consolidation move to present. The one you see here does not accurately predict the EXACT price it rejects, supports from BUT, it has predicted the last few months of price action for me so far.
First target is
88KSecond target is $85K-$84K then a bounce back to $105K and a drop.
For the next few months, Bitcoin is going to be volatile and consolidate during its top formation.
Trade active
Might see this dead cat bounce here...Trade closed: target reached
Target has not been met exactly just yet.BUT.... this is the bottoming process short term. Good buy OPS!
Note
BOTTOMMMMMMMMMMM BUY BUY BUY
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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.