Hello everyone, we are in a BULL season finally after a 2 year massive correction. We are ready for new gains and test a new ATH , as you can clearly see bitcoin started with the first wave testing 9k, initiated right after a small healthy correction that went for about 0.61 fib.
Guess what? In last bull run it did just the same, bull wave, small dip correction of over 0.61 fib and then next wave up. All of you of where present know this. So what are you doubting off? Nothing goes straight UP forever and NOTHING GOES DOWN forever. 2 Years of down movement, providing alot of profit for bears aswell, this won't last forever, just like the previous bull run did not. So expect the next months to be bullish overall, as we are collecting profits as the down side is exhausted and and has no more room to grow for now.
So expect this correction to touch atleast 0.61 fib for the next wave up, that would be the best entry point for me.
This is not financial advise, thank you all!
Guess what? In last bull run it did just the same, bull wave, small dip correction of over 0.61 fib and then next wave up. All of you of where present know this. So what are you doubting off? Nothing goes straight UP forever and NOTHING GOES DOWN forever. 2 Years of down movement, providing alot of profit for bears aswell, this won't last forever, just like the previous bull run did not. So expect the next months to be bullish overall, as we are collecting profits as the down side is exhausted and and has no more room to grow for now.
So expect this correction to touch atleast 0.61 fib for the next wave up, that would be the best entry point for me.
This is not financial advise, thank you all!
Note
As you can see thoose FIB levels acted as resistance, if we confirm a break above thoose levels next stop is 16-18kNote
I ment support*
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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.