I looked at the circumstances. I'm not an analyst. But I discovered a similarity between the peaks. And I think the enthusiasm has waned. Maybe they don’t believe it’s worth more than $ 65,000. I think if we failed to break through the $ 65,000, we’re going down. I expect a roughly 50-60% correction. If we break through the 65,000, we can definitely go higher. Up to $ 100,000.
What do you think?
What do you think?
Note
When we broke the 50-day moving average from such a high peak, we went down for a long time.Note
People are always hoping for a new peak. They buy for that. If there is no new peak then it will be sold. And come the bear market.Note
We reached the $ 50,000 level again. Failed to crack. We will see lower levels soon. Be careful.Note
I think 50k level loss. Go 45-46k <3Note
40-45k strong buy zone.Trade closed: target reached
:) GoodDisclaimer
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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.