It is a drawing that i draw :) and i cant describe it. watch more and more it to understand my opinion.
End of a big wave ABC as you can see it on the chart. Honetly, i draw this analysis and last tringle 2 days ago and now, I think it can help you; so i decide to share it.
its my prediction for longterm target. Bcs Covid-19 we had a big high and now is time to rest.
One of my bearish predict for bitcoin. You can see another bearish predict in my page. Honestly, my whole bearish view of crypto has a lot of non-technical reasons.
I think its what happend in next monthes. First it moves several weeks with midline Band Bollinger. Then break midline with a full bearish candle. And then we see a full time bearish market for several monthes that price can touch 10K-15K so easy.
After touch 53000 bitcoin is doing micro wave 1 of wave 3(with 5 waves). You can see it perfectly. We are in Wave 4 of 1 of 3 NOW.
Bitcoin struck its broken line for the second time this year. It is now entering a long-term bear market, and then we will see a bull market with a target of over $ 500,000. You can see that Bitcoin has repeated this scenario before. As you can see, there are three peaks above the white line and then the break of this line. Then two pullbacks to the white line...
Bitcoin struck its broken line for the second time this year. It is now entering a long-term bear market, and then we will see a bull market with a target of over $ 500,000. You can see that Bitcoin has repeated this scenario before. As you can see, there are three peaks above the white line and then the break of this line. Then two pullbacks to the white line...