If we can envision a Inverse Head and shoulders forming.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of $140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a $80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow.
That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level)
But lets's be optimistic and aim high
but recognise the value of having BOTH targets in mind.
@TheCryptoSniper Thank you for your ongoing education and dedication to your craft.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of $140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a $80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow.
That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level)
But lets's be optimistic and aim high
but recognise the value of having BOTH targets in mind.
@TheCryptoSniper Thank you for your ongoing education and dedication to your craft.
Trade active:
The head was created
now the right shoulder is forming
how long will it take?
I expect a low to be made soon
now the right shoulder is forming
how long will it take?
I expect a low to be made soon
Trade active:
Neckline breakout
Sideline money you have been warned.
Sniper laid the map out for you.
Sideline money you have been warned.
Sniper laid the map out for you.
Trade active:
The move to $80K is happening quicker than people have positioned for.
FOMO
FOMO
Trade active:
gotta remember we were $7k off the linear target !!
thats was a wild run
gotta remember we were $7k off the linear target !!
thats was a wild run