OK maybe that was a clickbait title but the similarities are eerie.
I expect
BTC to will bullishly break the descending triangle within the next 2 weeks and start a downward trend that will ultimately end in -40% to -50% from here. The trend may last 1-2 months. I have buy orders at
14K, $11K and $9K. Here are a few other interesting things
TECHNICAL FACTORS
- The daily BBWP has been striking 0 for 8 days in a row
- Monthly and Weekly Hash Ribbon looks like a carbon copy of the 2018 50% dump
- Monthly and Weekly MACD looks like a carbon copy of the 2018 50% dump
MACRO FACTORS
- Earnings season starts this week
- The fight for Kherson city center starts this week
- US home prices MoM lower 3 months in a row
- US unemployment rate may have made a double bottom
I expect
TECHNICAL FACTORS
- The daily BBWP has been striking 0 for 8 days in a row
- Monthly and Weekly Hash Ribbon looks like a carbon copy of the 2018 50% dump
- Monthly and Weekly MACD looks like a carbon copy of the 2018 50% dump
MACRO FACTORS
- Earnings season starts this week
- The fight for Kherson city center starts this week
- US home prices MoM lower 3 months in a row
- US unemployment rate may have made a double bottom
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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.