The expected pullback came. I have posted a few charts calling for a pullback and looking at previous cycles. On a 3 year time span we see a double top which is usually bearish but I am still extremely bullish. I posted a chart yesterday looking at last market and how we got rejected at prior ATH in 2016 before rallying over 2000%. We have plenty of support below us compared to the 2017 bull market. If we dont hold $17,200 we will likely retrace to $15,800 (Fibonacci 0.382). If none of our support lines hold we have the 50 day moving average around $14,500 right now and the 20 Week moving average just above $12,000. I doubt we will test the moving averages because of how bullish the crypto space has been.
I think we will have a 6 figure bitcoin during this bull market. Exciting times and Im stoked to get rich with my internet frens
I think we will have a 6 figure bitcoin during this bull market. Exciting times and Im stoked to get rich with my internet frens