bottom at 13.2-14k with a move back to 24k range next year
Hi guys,
Here are my thoughts for the next few months, think we still got another leg down first, but I think we are nearer to the bottom than most people expect.
I know a lot of doom thinkers at this point, but I still don't think we will see those 10k numbers (yet) and we get a nice bounce over the next couple of months.
- currently expecting in the very short term to make a nice inverse head and shoulders to reverse, so back to 15.8k retest, then pump up and get a Christmas run towards 18k range, somewhere between 17.7k-18.5k looking at the fibs
- then we get real capitulation of everything, with most likely some big miners having to sell everything, causing a big crash once again down to like 13.2k-14k local bottom
- then we can finally bounce and we get a nice relief run back to 24-25k by next year
those are my personal thoughts and expectations
Trade Safely!
-The Dang Oracle
Here are my thoughts for the next few months, think we still got another leg down first, but I think we are nearer to the bottom than most people expect.
I know a lot of doom thinkers at this point, but I still don't think we will see those 10k numbers (yet) and we get a nice bounce over the next couple of months.
- currently expecting in the very short term to make a nice inverse head and shoulders to reverse, so back to 15.8k retest, then pump up and get a Christmas run towards 18k range, somewhere between 17.7k-18.5k looking at the fibs
- then we get real capitulation of everything, with most likely some big miners having to sell everything, causing a big crash once again down to like 13.2k-14k local bottom
- then we can finally bounce and we get a nice relief run back to 24-25k by next year
those are my personal thoughts and expectations
Trade Safely!
-The Dang Oracle
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.