This is for the BEARS AND the BULLS...
Everyone is wondering where Bitcoin is going... I will just post this chart to see how it plays out. People are calling for a 28K Bitcoin. Okay, here it is.
TP is 28K BTC. It is possible we are in a giant Inverse HS and creating the HEAD right now... if this gets any lower it may invalidate it. Many people want 24K Bitcoin or 19K.. I think that will not happen on this drop. Instead I think we could "mini rally" a little after the next large dip and then Drop hard after to end the Bull run and kick off Bear Season 2021 (No ATH later this year)
Everyone is wondering where Bitcoin is going... I will just post this chart to see how it plays out. People are calling for a 28K Bitcoin. Okay, here it is.
TP is 28K BTC. It is possible we are in a giant Inverse HS and creating the HEAD right now... if this gets any lower it may invalidate it. Many people want 24K Bitcoin or 19K.. I think that will not happen on this drop. Instead I think we could "mini rally" a little after the next large dip and then Drop hard after to end the Bull run and kick off Bear Season 2021 (No ATH later this year)
Note
Demand zone Following this drop
Note
Bitcoin is now struggling on the Previous ATH supports... the most price action I see in January would be the green shaded area. This is where BITCOIN is coming down to soon
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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.