I don't see the charts going up a lot more from here. I want the big guys to push the price higher to a new all time high in some kind of bull trap. The next few weeks I want to see articles writing "no stop for the markets" or similar titles to trap beginners in a bull trap and make them the exit liquidity for the big players.
The economy isn't growing so...
The world is currently in a air bubble that will pop very soon. The nasdaq 100 is at an all time high while the trading volume is super low. There are wars going on around us and trust me, bitcoin is not going to be the asset people will rely on when a new financial crisis comes.
Fundamental indicators: The world is pumped and will the bubble will soon pop....
Looking at a cycle analysis and elliot wave pattern it looks like the natural gas is going to go down in a wave 5 during february and mars. Looking at the cycle analisys and at the fib levels it also adds up.
I think that the biggest players wants to grab as much liquidity as possible before entering long again, and is therefore pushing down the prices. If you...
According to this elloit wave analisys + chart patterns like reversing candles, wyckoff and trendlines the US TECH 100 is going to start its way down soon.
Looking at the fundamentals it really also seems to ad up. The world and especially USA is in so much debt that it could lead to a big bubble bursting. China also has a slower economic growth. Russia could...
With the help of the Elliot wave theory and use of fibbonacci levels there is a potentiall downside for some years. It will potentially play out in a doubble zigzag hitting the same pricelevel. If this plays out there is a chance for the price finding support att the 0.7 fib and creating a double bottom, leading to a big reversal and increase of value for BTC/USD.
