could see a major drop in bitcoin before a golden bull run
I believe bitcoin is going to dip under 10k to complete the bullish bat harmonic. My thoughts are that Bitcoin will consolidate for a couple of months before chopping back up and dropping again before the halving. There is a catalyst with litecoin in 2023 that could give BTC a good bump up, however, I feel that Bitcoin will hit 250k by 2025.
bored lets see if this works i added an eliot wave i thinkn it will follow the path of the lines i drew
i did my best to consider the raw factors and no other variables. pretty much if bitcoin is left alone to repeat its pattern. please let me know what you think. i do suspect we'll see another rejection in the 60s but other than that i think this is a good mapping.
I noticed the start of a harmonic pattern forming, bullish bat. I realized it was going to trend down before breaking out of the wedge of the fibonacci. I included a projection line and it seems to be matching up with the 200 ema for a potential golden cross. Big catalyst this month is 200 million more subs being added to the potential reach and the plug in going...
Zilfam this is fun I’m learning and understanding how charts work. I drew these trend lines and they seem to be doing well in terms of accuracy. Not financial advice but lmk what u think. If there’s any trolls here I’m open to listening and learning but don’t just spew bullshit out of your mouths. Veazy
I chatted these lines and I think they’re looking good in terms of support/resistance levels. Not financial advice but this is a great time to get into a layer 1 like Zilliqa. There’s a lot of upside and many projects are releasing Q1 2022