fibo 50% level 8700$ CME gap 8500% 35-40% correction in bullmarket it in the normal range of corrections 100 day ma approaching 8500$
FET is at ATL. the first resistance is at 12% profit from now. STCOH and RSI are very low and should bounce. to be sure I'll sell the whole thing at the very first resistance, since it all depends on what btc has in mind. after a good drop I'd buy a good amont for mid term hodling
According to fundamentals Bitcoin will become the only monetary and currency system. According to the chart, it will not. Still a great way to become a multimillionaire though. If you want to know how I calculated retracements, I couldn't really find a mathematical pattern. I only noticed that this time (considering 3100 the bottom) and in the last bear market,...
Here I simply copied Bitcoin's movement from the previous cycle. We see that there was a long period of accumulation before braking resistance (which in this cycle is 6k). After that, a period of more than a year to get back to ath. After that less than a year for a new price record. I'm not expecting 20x like last time, but "only" 5-10x from the previous ath,...