As this 3rd major correction of the bull market ends I am looking for a 50% + markup until the next correction.
In the short term I expect a 50% move up. CMF shows that to keep the price at this level the money has already started flowing back in to Bitcoin. Based on RSI trends and CMF turning positive I expect the chart to go parabolic for an approximately 2 week period before the next correction and re-accumulation.
If the price goes below $10000 for a short period of time that is fine,
but if it breaks below $8700 I will have to reconsider my bets.
In the short term I expect a 50% move up. CMF shows that to keep the price at this level the money has already started flowing back in to Bitcoin. Based on RSI trends and CMF turning positive I expect the chart to go parabolic for an approximately 2 week period before the next correction and re-accumulation.
If the price goes below $10000 for a short period of time that is fine,
but if it breaks below $8700 I will have to reconsider my bets.
Note
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.