looking this model if it breaks the line support you can expect is under 18k if it cashes even more next support is under 10k last support low is under $4500 pre bull run price from march 2020
base on past trends of -83% from past ATH this only speculation this can reverse from here nothing is 100% sure but plausible entries long term
wick up over 23,900 speculation on previous bounce from jul 26
looks like the same exact XABCD pattern from 32 to 20k will it be a third legs down ?
this a reverse bitcoin chart if this was a normal right side up chart i would buy the dip so what i'm seeing is bitcoin as top 61k ish time for 4 months long short if i had bottom i would say 15k/16k this is 1 year bull run at some point it might crash just like the last bull run in 2017 to $19,900 to $4000 i'm posting for to data its fun to watch play movement...
bitcoin not rising that much btc might drop to 38,800 but alts will rise to high level before it crashes down it happen in 2018 in jan 2 week alt pump then btc hit lows under 5k
been charting this for fun i dont expect it to go to 100k on this TA i'm just curious to see the direction data once publish the play will enable will be fun to watch
lets assume total market cap trying to reach 1 trillion that would make btc worth 55,000 to 67,000 if it hits 2.0 trillion
btc 2020 chart lets assume btc total market cap trying to reach 1 trillion that would make btc worth 40,000 to 43,000 if it hits 1.0 to 1.1 trillion
9090 or lower 8888 then up over 9400 the red sars are about to charge green 29 days of red sars is pretty high could break 9400 in couple of days
BTC will end up under $4500 in 2/3 weeks and last for at least 14 weeks before any correction to rise again
while looking at previous pattern i stumble on this lets see where it goes 4hr chart so far it matches almost perfectly from 18 march to may 18 will this play out till mid jun?
these are some patterns from the two last halves top first then down for matching % 34%/44% 50%/60% 60%/70%
these are some key levels for a potential fomo from resistance first green sars appeared good sign of a up movement on the 3 hr chart
while experts call for dumps for the pass 3 days i had a totally different outlook after rally to bch an bsv halve it dipping but now its new rally until btc halves the big crash expert are calling for will only occur in 26 to 28 days out ..has seen on My TA
bsv halve & drop new run up from low 120 to 1200 long term view
its been while since we crossed the yemb line we might see some gains upper $200