Hi guys. To be more clear I have decided to add linear version of my "predictive" long term technical analysis. I would say something like this is absolute worst case scenario for Bitcoin and will probably occur ONLY if price would not be able to break long term descending trend line all the way down to baseline what lies IMO at around 800 USD (see my logarithmic version of this TA)
I think this could be good mental preparation for the most disastrous and the most painful version of this crypto bear market. I do not think there is possibility Bitcoin could fall lower than this but on the other side there is bigger chance BTC will find it's bottom higher and much sooner than in 2020. Anyways always stay OPEN MINDED for any possibility!
If you like my analysis, please hit a LIKE button! Thanks and take care!
-DP-
I think this could be good mental preparation for the most disastrous and the most painful version of this crypto bear market. I do not think there is possibility Bitcoin could fall lower than this but on the other side there is bigger chance BTC will find it's bottom higher and much sooner than in 2020. Anyways always stay OPEN MINDED for any possibility!
If you like my analysis, please hit a LIKE button! Thanks and take care!
-DP-
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.