More bears. Look, it is pretty damn clear that this thing is going down and I can write a book explaining why. But let me spare you the hours and just cut to the chase. Bitcoin is going to drop in the immediate future, along with the equities and the major indices.
There is a lot of wishful thinking in the crypto space citing bullish scenarios in many coins, including bitcoin. I have just one question, "How?"
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
There is a lot of wishful thinking in the crypto space citing bullish scenarios in many coins, including bitcoin. I have just one question, "How?"
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Trade closed: target reached:
Both 6 SEP