Long time in this market, since 2017.
First chart I do.Just what makes sense to me, feel free to share your thoughts.
Historically, the second part of the halving bull cycle is always the bigger one.
This chart covers the first part of it mostly.
I believe we will see small correction, rise up riding the halving high to 75-85k, then have a good correction to the 45-55k region, as usual after every big long waited event in crypto before we shoot for a serious bullrun somewhere in the end of this year to maybe the beginning of the next year to some 120-160k.
After that I have 2 looming monthly and weekly trendlines below.
And I believe 25-35k will be the new bottom after the usual long and tiring bear market.
Share your thoughts, feel free to criticise, but keep a kind attitude.
Thanks
First chart I do.Just what makes sense to me, feel free to share your thoughts.
Historically, the second part of the halving bull cycle is always the bigger one.
This chart covers the first part of it mostly.
I believe we will see small correction, rise up riding the halving high to 75-85k, then have a good correction to the 45-55k region, as usual after every big long waited event in crypto before we shoot for a serious bullrun somewhere in the end of this year to maybe the beginning of the next year to some 120-160k.
After that I have 2 looming monthly and weekly trendlines below.
And I believe 25-35k will be the new bottom after the usual long and tiring bear market.
Share your thoughts, feel free to criticise, but keep a kind attitude.
Thanks
Comment:
Downward trend is still being respected.I believe 62k is a realistic target for now.
Trade active:
Target reached 63k zone. Made an order for Algo also at .22 and waiting a bit lower for SYS.
I dont remeber a year where the halving was more hyped than this one.And those type of events never end to be bullish when they actually happen.
And also theres a lot of profit to be taken by the institutions that actaully made this bullrun .. run.