D4rkEnergY With The ULTIMATE BITCOIN Forecast - Must see!
Updated
Dear Friends!
D4rkEnergY knows that it is tough times for all of us - We have lost 25 B USD in the Global Market Cap within 1 week - that is 1/6. We are down at 117 B USD - Just a reminder - we peaked at 800 B USD 11 months ago.
On top of that, the traditional markets (US Key Indexes) are struggling (Japan, China and Europe even more). Even though we have real estate crisis around the world, crude oil taking massive hits, and Dow Jones are very close to enter a bear market territory, I'm convinced we can postpone a Market Crash 1-1,5 year. For more info look in my video below.
BUT, BUT, BUT... D4 is optimistic. We have some interesting event coming up next year:
1. Bakkt
2. SEC ETF VanEck Approval?
3. And most importantly: Fidelity, the world’s fourth largest asset manager with 7.2 Trillion USD assets under management go into crypto.
Conclusion:
When it comes to my TA and taking the above mentioned events into consideration, I think the scenario I've illustrated for you definitely is a likely scenario!
D4 Loves You <3
PS. Appreciate that you are following me - Please leave a LIKE!
D4rkEnergY knows that it is tough times for all of us - We have lost 25 B USD in the Global Market Cap within 1 week - that is 1/6. We are down at 117 B USD - Just a reminder - we peaked at 800 B USD 11 months ago.
On top of that, the traditional markets (US Key Indexes) are struggling (Japan, China and Europe even more). Even though we have real estate crisis around the world, crude oil taking massive hits, and Dow Jones are very close to enter a bear market territory, I'm convinced we can postpone a Market Crash 1-1,5 year. For more info look in my video below.
BUT, BUT, BUT... D4 is optimistic. We have some interesting event coming up next year:
1. Bakkt
2. SEC ETF VanEck Approval?
3. And most importantly: Fidelity, the world’s fourth largest asset manager with 7.2 Trillion USD assets under management go into crypto.
Conclusion:
When it comes to my TA and taking the above mentioned events into consideration, I think the scenario I've illustrated for you definitely is a likely scenario!
D4 Loves You <3
PS. Appreciate that you are following me - Please leave a LIKE!
Note
Bitcoin is an example of different combinations of three corrective structures which form the triple threes:Zig-Zag, ABC, Triangle (ABCDE), ABC and another Zig-Zag. WXYZ is a 11 swing structure.
I'm not focusing on the last Zig-Zag structure, which is the A-wave. I will zoom in on my other update.
Note
I think we have one more wave down as you can see - But very hard to determine right now. We might have a truncated 5th wave, which means we now are on the B-Wave.I will soon be able to confirm it.
Please leave a LIKE if you appreciate the content - thanks in advance ! :)
Note
I just want you to pay attention, how we lately have kept making Regular Bullish Divergence. Look how the price is making lower highs, while the RSI makes higher lows.This is not a guarantee for a reversal - We always need a regular divergence on the 5th wave, but the bulls haven't shown any greed what so ever for long time.
My advice for you: Don't put too much weight on the bullish divergences at the moment.
Note
Edit: Price making lower lows - RSI making higher lows.Note
Watch out: Before everyone hurry up and go short - we most likely need a wave up again before we are going down again.;)
Note
So as i warned you earlier we needed one wave more up no matter what, and we indeed got it. I'm still trying to figure out, which of the scenarios are right here.
1. We could have the first to the left, which is a 5th wave ending diagonal.
2. Or it could be the one to the right, where we have a truncated 5th wave, and we are about to make the bigger B-Wave, and already now are our wave up to 5,000 USD.
Patterns are a bit weird. I promise to follow up on this. Thanks for following me - Appreciate it.
Note
Not easy at the moment. Still have a hard time figuring out which scenario.Note
Still following both my scenarios - BUT we will soon come to a crossroad. So far it has been pretty easy to trade.Note
So my gut feeling seems to be right - that the 1st scenario was the most likely.Note
So far so good - according to my original post we should, when we have hit the blue box go up again and finish the bigger B-Wave.Ill make a new chart soon :)
Note
Here is the update, dear friends <3
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.