Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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My guesses are the following, +- a few days and a few hundred dollars. main target : Dec 1st ~8800 Nov 1st : ~7000
In short, the duration between the rises of the cycles(without corrections) have been 48-50 days or 78 days, alternating. RSI shows multiple peaks suggesting that we are probably not done yet and might see those next 2 targets in the months to come.
Based on the time period, I am suggesting we finish at the top of the channel at one of those time periods.
Opinions are appreciated.
Commentaire
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6942 XBTUSD today.
Commentaire
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My main target is coming up. dec 1st 8800. However after that target is made, we could be in for some turbulence.
As seen from your chart, bull cycles are getting shorter-I think the last one is already finished and the drop is coming. But there is another fork coming, more money and more pump.