Yellow: Between now and the next few days, we'll get a mall pull back until the halving event. Then going back up to the yellow parabolic line to a maximum of 250k top In 2025 Q2-Q3.
Green: is the extreme scenario. Longer upwards trend in the short term until 61k. Around the halving there will come a pull back until the golden pocket level of 49k. Then the wild...
Still a nice level to step in. Take your time with small amounts.
If scenario green plays out, then you're already in with a near bottom starting position.
If scenario red plays out, then you have a good opportunity to get an even better position in a perfect accumulation zone.
First level 15.800 - 16.000
Golden pocket and previous resistance in the last triangle: 13.200 - 13.900
Previous support in the ast triangle: 11.900 - 12.400
First level 15.800 - 16.000
Golden pocket and previous resistance in the last triangle: 13.200 - 13.900
Previous support in the ast triangle: 11.900 - 12.400
Bulish scenario: If we really can continuing this parabolic curve a few more weeks, an new ATH in 2020 is still possible (40% change). Next questio: how long can we hold this curve before we fall back to the yellow, orange or red support area?
Short term bearish: After reaching 17k - 18.5k we already get a small correction. Going back, to the orange support, we...
There is a lot going on in the world to determine the start for a new bull market or bitcoin still needs to find a new bottom. Do we get one more big shake out (finishing the ABC) or even worse: Will Bitcoin fail?
Many people were talking "bitcoin will be the new safe haven". Probably the incoming recession would even be a perfect timing to show the world about...
A small pull back not only gives us some extra strength for a bull run, it also forming a inverse head and shoulder.
There are several indicators targeting on 7400-8000. These are also good levels for a nicely left shoulder.
Some mid term scenario's: from extreme bullish to finding the last bottom:
Small triggers can be enough to create a fast break out, followed by an early FOMO reaction. We are really close. The other extremely scenario is a pull back to the down trend again. Not a very likely, but there is even a small change we need to finish the Eliot wave and find the very last...
For most people, we're now 'officially' in a bear market. So, for how long and.. where are the bottoms?
Was it just a false break out to the downside and can we expect a fast recovery to continue the bull market?
or .. is it more likely we touch a few more bottoms in the next two or three months? That would be good news for people by taking the change to...
SCENARIO I.
A break out in the next few days or week will bring the bulls back on track for the original parabolic grow. 12.300 is a pretty hard resistance for the short term. If we can't break that, a small pull back will form a nice head and shoulders.
SCENARIO II.
Continuing sideways is still healthy and gives you the last opportunity to accumulate below...
