Sharing my different levels of interest in Bitcoin.
I believe we will see a decent corrective bounce soon, followed by the final corrective C wave.
Please take a look at my previous BTC bottoming chart.
Good luck and God speed. This will probably be our last opportunity for some cheap Bitcoin.
-Achilles
I believe we will see a decent corrective bounce soon, followed by the final corrective C wave.
Please take a look at my previous BTC bottoming chart.
Good luck and God speed. This will probably be our last opportunity for some cheap Bitcoin.
-Achilles
Note
She's playing out nicely thus far. Im looking between $28,000-38,000 for a potential reversal.
My First lower target being $12,000. I Fully expect #BTC to find its bottom lower than $10,000. $6,000 has been a STRONG area for the last 5 years.
Note
Update target region for shorts. Note
Im expecting a decent pull-back or a possible sideways move to play out soon. Following that, we should see another wave up to the target zone. Regardless, Ive started building a short position. Note
Playing out pretty similar to what I have charted. I see one of two scenarios. 1. (Green) We make a retracement at this level and make one final leg higher to the $32k area.
2. (Red) We make a retracement with a failure to achieve HH, continuing the downtrend to my lower targets.
Note
Everything is still going according to plan. If we don't continue the downtrend from here, I'm seeing between $29-38k as a perfect shorting opportunity.
Please boost and share to spread awareness!
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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.