Sacyourking

BTCUSD Price prediction by April 15,2022 TAX DAY

Short
BITSTAMP:BTCUSD   Bitcoin
This is a prediction based off fibonacci trend resistance lines and using prior bitcoin drawdowns as DUBIOUS patterns. I predict a 365 day drawdown because it is the average of the past three major drops. The first drawdown, not on screen was 411 days and 83%. The second (which you can see) was 362 days and 84%. The third was 261 days and 61%. IF this drawdown lasts 365 days and drops 70% it will put us at 19,000 +- by April 14, 2022. This just happens to be a prior high from December 2017. This would also give the 50 day RSI I'm using time to dip below 30, which is where all the prior drops bottomed out.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.