Keep this in your pocket: Oct 2021 will be a Bear market for BTC
Not a disclaimer: It is a known trick that a glass of beer might help you digest this analysis much easier.
Actual Disclaimer: This is purely a classic Elliot Wave analysis for bitcoin's macro view in 2021, for educational (and perhaps entertainment) purposes.
Additional disclaimer: My Bear trend forecasts have been wrong before and I do not presume to know the future -- so do take this forecast with a pinch of salt or two (not the beer!).
More disclaimers: After nearly a year of understanding Elliot Wave analysis (and making bad trades before) I am now employing it as a macro strategy. To note that I heavily advise to also factor in the microenvironments affecting Bitcoin before you make any trades.
The tldr analysis:
Actual Disclaimer: This is purely a classic Elliot Wave analysis for bitcoin's macro view in 2021, for educational (and perhaps entertainment) purposes.
Additional disclaimer: My Bear trend forecasts have been wrong before and I do not presume to know the future -- so do take this forecast with a pinch of salt or two (not the beer!).
More disclaimers: After nearly a year of understanding Elliot Wave analysis (and making bad trades before) I am now employing it as a macro strategy. To note that I heavily advise to also factor in the microenvironments affecting Bitcoin before you make any trades.
The tldr analysis:
- Bull trend till at least mid 2021
- Corrective phase in early 2021
- Bear trend towards end 2021
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.