Markets are looking extremely bearish.
Researched trading on 20 exchanges to see what the supply and demand prices were.
Extrapolated all the data i could with my own personal projections.
Bear market is own track for my 8k target price.
There is some bad news however.
The market is showing some negative momentum for the longterm forcasts that i previously mentioned.
We could be in for another bearish year until November 2023.
I can't be certain of this so we will stick with a 30 to 90 day forcast until 2023.
There is some strong demand down to 4k and even as low as 1k.
The harsh truth is we have factor in those numbers no matter what our personal beliefs may be.
Accuracy is the most important.
Researched trading on 20 exchanges to see what the supply and demand prices were.
Extrapolated all the data i could with my own personal projections.
Bear market is own track for my 8k target price.
There is some bad news however.
The market is showing some negative momentum for the longterm forcasts that i previously mentioned.
We could be in for another bearish year until November 2023.
I can't be certain of this so we will stick with a 30 to 90 day forcast until 2023.
There is some strong demand down to 4k and even as low as 1k.
The harsh truth is we have factor in those numbers no matter what our personal beliefs may be.
Accuracy is the most important.
Note
there is also an updated publication with the same chart but with more accurate detail.
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.