Everything important is in the chart. I don't need to write instructions for fools.
Two good indicators to determine the continuation or end of a bullrun.
It doesn't mean that this must be true. But I think it's the most likely scenario. I'm not an expert on the theory of elliott waves . But this all makes sense ... look at the NVT indicator. We will be able to buy at very low prices. I see the current situation so that the price is rising from the last strength, it is exhausted. The price has grown too fast....
If you are interested and want to know the reasons - write in the comments, I will answer. I do these analyzes mainly for myself, but maybe they will help you too. Version 1 is here:
Hello guys, we have a nice fractal and head and shoulders formation. Everything is shown in the graph. So the plan is: LONG at ~ 7K SHORT at ~ 8.2K optional: LONG at ~ 7K) SHORT at ~ 7.4K LONG at ~ 5.1K :-) SHORT at ~ 140K This is not an investment recommendation. For educational purposes only.
The triangle was broken up and the price subsequently fall below the triangle support. I think it's simply a refusal of break the triangle up. Brake of support has not yet been retested - so I think there is a short opportunity.
I think we will go even lower (between 3-6K) before the start of the Bullrun. Check out my previous ideas.
Remember the situation of November 14 when bitcoin began to fall. NVT predicted it. Given the situation on the NVT indicator, I expect a significant drop, around 5K , or around 3.15K . Maybe even lower, I don't know. Both scenarios have ATH around $ 140400. This is given by the mathematical formula (see my previous ideas). The graph is too much upward - ...
Guys, I have no time. Look at my previous ideas.
In my opinion, there are two most likely scenarios of the incoming bullrun. Both scenarios reach around $ 140,000. This is calculated from past cycles. SCENARIO 1 - It takes the same time as the previous cycle. - Correlation with halving. - Bitcoin currently looks like the beginning of bullrun. SCENARIO 2 - It takes more time. This is a calculation based on...
This update shows the current NVT indicator situation. In my opinion, there are two most likely scenarios of the incoming bullrun. Both scenarios reach around $ 140,000. This is calculated from past cycles. SCENARIO 1 - It takes the same time as the previous cycle. - Correlation with halving. - Bitcoin currently looks like the beginning of bullrun....