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Btc-short

BTC will bottom at 12k, accumulation 12k and 19k, 2025 135kIf we break 20k and flip it to resistance then we will indeed go to 12k levels, where there is big support. This is possible from fundamental analysis 1. more rate hikes for about three quarters 2. stock market has not bottomed out, there is support coming in, though 3. borrow protocols like celsius and 3ac who needs to be liquidated 4. 4 year cycle respected Adam and Eve inverted pattern is also very strong, don't underestimate it
by Heartskull
BITCOIN QUO VADIS ? TO 12,000 !You are probably wandering HOW FAR WILL BTC FALL ?? WHERE WILL IT STOP ? Or as the name of a classic HISTORICAL movie "QUO VADIS ?" There's some HISTORICAL FACT to give us the answer. The previous bottom was at about 3500 $ while the MAXIMUM stood at 19,197 $. Thus THE RATIO of MAXIMUM / MINIMUM = 5.485 As the present MAXIMUM was 66,000 $ dividing it by the above RATIO gives the PROJECTED MINIMUM = 12,033 $ This is again a conservative estimate, that UNDERESTIMATES the DELEVERAGING of the MARKET. As we all know the post-corona economy has received HUGE STIMULUS resulting now in strong DELEVERAGING, and RETURN TO BASE. As to historical analysis - Remember, those that don't learn from HISTORY are bound to repeat it.
Short
by cure4virus
58
BTC LOGARITHIMIC CHART EXT./RETRACEMENTExtension/Part 2 of my BTC's Logarithmic Chart. Looking at past retracement pattern we see btc retraces 30-40% after every bull market, so if we follow that btc's bottom will be 20k or more, but for that we might need a push back upwards, above the 70k range, around 80k which can be possible if we get a reversal from this current consolidating range, but keeping the macro economic conditions in place a 50% or more retracement is quite possible
INDEX:BTCUSD
by abdulganibareen
1