Long Haul - BTC the Phoenix
This beast just keeps coming alive but it doesn't look like BTC is finished it's cycle. IF history was to repeat, hold on to your seats. We are 4 months into a bear market but remember March 2013? Maybe not... I think we will have a similar repeat. From march till August it looked ugly, just as it is now since mid December. However, it was quickly after when BTC hit all time highs again.
If history repeats we have BTC going over 40k, but that same history shows a major crash will always follow. If that crash continues now and we don't climb to 40k. Expect a bottom out around 4k to 5k. Some say lower, but I doubt it. If the crash happens after 40k then I predict a long bear market down to 9k to 10k.
This is simply for my public record. Not to be taken as financial device.
I'm looking forward to reading this again in 2 years.
If history repeats we have BTC going over 40k, but that same history shows a major crash will always follow. If that crash continues now and we don't climb to 40k. Expect a bottom out around 4k to 5k. Some say lower, but I doubt it. If the crash happens after 40k then I predict a long bear market down to 9k to 10k.
This is simply for my public record. Not to be taken as financial device.
I'm looking forward to reading this again in 2 years.
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.
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.