


creepymonster
Russian dictator needs to show his voters that everything is OK.
I see an RSI divergence. SP500 may cool down a little bit. Sometimes it must happen. Not a financial advice, only my thoughts. To see in the future.
This is my main scenario for BTC. If the previous (scary) scenario won't happen (I hope so)
Just an idea. BTC haven't seen any huge crisis such as 2008. BTC only saw good times. So, it's possible for SP500 to crash down to 2000 (-50%), and it will cause the BTC crash too. But it's not bad in perspective. Every good asset and economy must reset sometimes. If that happens in 2023-2024, I'll just buy as much BTC and good stocks as I can. Yes, I can't...
5 Elliot Waves. So BTC can decrease go down to 3000. I don't plan to sell BTC, only buy. Until it will cost at least $300-$500k.
Putin's economy is going down. Russia cannot rise up, before a democracy government has been elected. Maybe, we will see it in 2024. I hope it will be sooner.
There's no reason for RUB to be strong. Only when people realize what they've done, and they will elect the democracy government.
I saw a logic corellation between BTC price and BTC Dominance. So, here is my vision and my plan. I think, BTC Dominance may fall down maybe to 30% until June. At that time, BTC price will be rising up to 70k. Then, BTC Dominance shoud return to 60-70%. So, BTC will slowly decrease from 70k to maybe 45k again, until March 2024. Then the new bullish cycle will...
It's sad, but we are in focking bear market. For how many years?
As we can see, these levels or «boxes» are very significant for BTC (for BTC investors). There was such a famous trader and investor named Nicolas Darvas. He invented this boxes theory. They are like consolidation levels. Good luck and have good profits!
BTC may go down to 29 again and then go up. But maybe we can see 100 in this year.
I see these 2 scenarios for the next few month. 1. BTC corrects down to 34-35, then rises up to a new ATH; 2. BTC corrects down to 23-25, then rises up to a new ATH.