JWKCoetzer

JWKCoetzer

As the title suggests, I think this is an important week for Bitcoin. The idea is simply based on the weekly trend line. If BTC closes above the trendline this week, we can expect a good rally into April, and USD120 000 is on the cards. However, if BTC fails to close above the trendline, we can expect a drop to low USD 70 000 areas. This is not financial advice.

JWKCoetzer Updated 

Based on very sketchy trend line work, but should be fun to compare to how it actually plays out. - Bear market until April 2023 - Bull market until March-ish 2025 - Peak around 95 - 110k

JWKCoetzer

I publish this idea as reference to myself and how I perceive the market at this time. It will be interesting to see where we go and comparing it to this idea. I think we still have some way to go down and 18k being the absolute worst case lowest. However, we may not see this low because the space has many more hodlers and retail and not as much panic selling...

JWKCoetzer

Seems to me crypto just went back to normal pace that it would have had without the hype of Elon and other institutions that we had this year.

JWKCoetzer

It's my opinion that Cake is headed to 51 this week based on historical price action and current market conditions. This is not financial advice.

JWKCoetzer

One of my favorite alt coins because it's so volatile but always does well. Eyeing 135 next and it's gonna be quick...

JWKCoetzer

SXP has been going up and has been consistent in this channel. No clear sign of deviation, so looking to $5 soon. Not financial advice