In the next 2 weeks we might see 80k usd Bitcoin if traditional markets stay at float
Massive H&S....this ~40% correction down will take a couple of weeks.
It can play out in the next couple of weeks....going down 10.000 dollars seems not out of the question. Be patience, do not fomo on a Musk tweet, only buy when oversold and sell when overbought.
I am still expecting a ~20% stock market drop within the next 2to3 weeks. This will take down everything else. The FED will save the day, so we will see 100k Bitcoin later this year.
Gold is looking beautiful... Very nice 30 week pullback. Weekly RSI is at the bottom. Working on a higher low Weekly close. US10y going down. Plus the fundamentals are good with Biden signing the 1.9T tomorrow. I think we bottomed and we go up from here to new ATH.
Still think we will get a pullback. Maybe tomorrow when Biden signs the 1.9T stimulus deal and it will be a sell-the-news event?
Classic divergance, lower volumes, 78% fib hit....get ready for a huge dump...
Too little to short pullbacks so far in this non-stop Monthly scale bullrun. Monthly RSI divergance & lower trading volumes.
Bitcoin is going to have to make a choice now...no more range bouncing
Most professional traders only do 2 or 3 trades per year.... they wait for the real opportunities at overbought or oversold positions
How low will it go... 40k, 30k, 25k....
Sounds very low but its a 40% correction from the ATH, like we have seen many times in the 2017 bullrun.
Do not be trigger happy...pullbacks take time to level out
We need a 2nd leg down for a good bottom/boost to 100k
within 5 years we see 10k dollar Gold and then sell for real estate that should have gone down by then
round 60k is too obvious ...I think we pullback before that...maybe one more little breakout from this point, but maybe we could go back big time on monday together will a stock market pullback