It's time to look out for a lower high on the weekly chart. This recent rally might go as high as 50k +/- 10%, and that could be a good short opportunity.
I think 2022 is gonna be a bearish year, and that the bottom is gonna be around 20k +/- 20% about a year from now, which could be an incredible buying opportunity for the next few years.
If the weekly chart starts to close several candles above 50k, this idea is invalidated.
I think 2022 is gonna be a bearish year, and that the bottom is gonna be around 20k +/- 20% about a year from now, which could be an incredible buying opportunity for the next few years.
If the weekly chart starts to close several candles above 50k, this idea is invalidated.
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It's december 11th and the price is at 17200. I think the bottom is in.
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And now we're above 23k at the end of january, as predicted.
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Although I expected the price to be about 10k higher by this point, this has been pretty accurate. Exciting times ahead.
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And there it is.