Don't know if this will work out or not just posting here.......
i think you will understand this ( I'm still bullish on bitcoin in long term )
one of my teacher said in bull market we retrace to 0.5 fib also almost 40% correction from the local top if we assume 13 as a local top and first retrace of this bull market personally i dont think 30% drop is a healthy retrace for more upside move also this parabolic run is not sustainable imo
risky setup... *waves count is only for reference line
Buying in 10k to 8k range For me 80k is the point I'm out :)
I see inverse h&s forming targeting near 6200 sats
Parabolic run or symmetrical triangle... Whatever breaks first long it I don't think it will need a SL Targets are mentioned with the red lines
whatever breaks i'm shorting the corn !
First of all only invest that amount which you can afford to lose Secondary this is not an investment advise do your own research and analysis these are only my own opinions based on some similar factors BTC is going well as per our last plan as i said it can touch upside again to retest Still i have some possibilities that btc will retest 5730$ ultimately dump...
New bullrun coming soon this is like a fakeout don't fomo right now you'll not regret to buy at even at 6000$ BTC has a huge opportunity to cross ATH 20k But for this year in my opinion it will trade between 10k to 15k at the end of the year i had sold all of my assets at last 20k bullrun I'll hodl now till i see 40k next year 2020 This is not an investment...