$48k or $20k retest?
Updated
Scenario 1: Retail Buyers Come in
BTC has NOT made a Lower Low on the A Leg (RED) and could potentially make a push up to the 0.702FIB (44k) and THEN ABC (restest) to 20k for confirmation before the BTC Halvening to finish off Macro Wave 2 (WHITE).
Scenario 2: No Retail Buyers and sideways market
BTC could just ignore the 0.702 and retest the 20k line and then a sideways market until the BTC halvening.
"BlockchainBacker" says there will NOT be a retest/crash before the BTC Halvening and its something "noobs" and "retail" think is going to happen.
BOTTOM LINE:
Im waiting on the retest to 20k.
BTC has NOT made a Lower Low on the A Leg (RED) and could potentially make a push up to the 0.702FIB (44k) and THEN ABC (restest) to 20k for confirmation before the BTC Halvening to finish off Macro Wave 2 (WHITE).
Scenario 2: No Retail Buyers and sideways market
BTC could just ignore the 0.702 and retest the 20k line and then a sideways market until the BTC halvening.
"BlockchainBacker" says there will NOT be a retest/crash before the BTC Halvening and its something "noobs" and "retail" think is going to happen.
BOTTOM LINE:
Im waiting on the retest to 20k.
Note
IMO, BTC is going to display a god candle soon.Checkout the Fractals converge/diverge and 'play' btc and youll see its been taking a middle path.
TIMEFRAME: 2 WEEKS!
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