nathanolano

Bitcoin Pure bullish reversal point & bullish fundamentals

COINBASE:BTCUSD   Bitcoin
The begin parabolic movement we need Bitcoin to hit 4500 by next weekly candle of publication date. Magabullish parabolic momentum will be felt after a BTC restabilization at the 50,000 resistance level. Chances of bearmarket are at a low 30% and Bullish fundamentals along with a positive daily candle indicate a reversal is on route. I predict the firesale to end within this last week of may. Buy Targets are at 33k & @35k. Fear and greed index at 5/24/2021 is at a current 14 indication massive fear from new investors. According to Bitcoins history of bear markets we have never seen a bearmarket start at such a low fear index, we see Bearmarkets begin at massive greed indexes, further more, According to Coinbase, Buying during the massive dip firesale, has reached a 70% buy - 30%sell ratio. In summary, Buy the dip, all fundamentals point towards a bullish future, with my predictions around a 150k-200k BTC at a top point of bull cycle.
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