Bitcoin up to the end of this year by Rocket Bomb🚀💣 Hello, friends!
Many people ask me, how I see the movement of the price of Bitcoin before the end of this year.
I wanna show you the daily chart as I see it.
For better understanding, what future holds, let's look at the past.
Let's start with last autumn, when prices were at the peak. And let's see what happened next.
We can clearly see how the market was "unloaded", forming downward channels, and on a rollback, we observe how a new channel is being formed. That's how it always happens. To verify this, you can look at the older history of Bitcoin.
From November to January 2021/2022, we see a price drop of 53%, then a 40% rollback, followed by the formation of a channel (the formation time is one and a half months). Then again, investors are actively selling bitcoin and we are seeing a sharp drop in price by 63% (from March to June 2022).
And here it will be interesting to observe the further fate, because we can't fall without a rollback, but the end of the bear market will not emerge yet.
I think, that in the next month we'll see a possible rollback even up to 30 thousand and a little higher, and then again falling to even lower levels (16, 11 and 4 are POSSIBLE!!!!!!)
This chart is an expression of my thoughts at the moment and does not pretend to be true, the market is so changeable, I will publish my thoughts over time)
Thank you all for your attention!
Write your thoughts in the comments, it's very interesting to read!
Have a nice day, everyone
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Always Sincerely Yours Rocket Bomb 🚀💣
