BTC is oing towards the 11-10 k area
i observed a pattern happening with btc bear markets since 2017 it was so clear.
if you searched the old chart you will notice that btc is tending to lose 83.5% from its higher high, and then go side ways and price consolidates for month or even years.
then the hype begin again.
so upon my point of view, i see that btc is going to some where between 10k and 11k, this should happen by the date of 7 Nov. - 19 Nov.
who knows, i might be right or wrong, but let us see.
By the way, BTC formed a bear flag on the daily chart and its going to its target which is " 11141 USD" which supported me to publish my analysis just to document it.
and i think this will be the last effective bear flag BTC will have in the coming months.
BTCUSDT
if you searched the old chart you will notice that btc is tending to lose 83.5% from its higher high, and then go side ways and price consolidates for month or even years.
then the hype begin again.
so upon my point of view, i see that btc is going to some where between 10k and 11k, this should happen by the date of 7 Nov. - 19 Nov.
who knows, i might be right or wrong, but let us see.
By the way, BTC formed a bear flag on the daily chart and its going to its target which is " 11141 USD" which supported me to publish my analysis just to document it.
and i think this will be the last effective bear flag BTC will have in the coming months.
BTCUSDT
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