This is based on possible harmonics that fit the price action and fib lines. There is a bullish ALT bat (purple) and bullish bat (blue). The likeliness that it transpires is not high. Harmonics are very hard to predict before they complete.
It shows a drop to 2k then a rise to 60k. This is not a bad scenario for traders because it offers extreme volatility and return.
It shows a drop to 2k then a rise to 60k. This is not a bad scenario for traders because it offers extreme volatility and return.
