This analysis will continue into the next Crypto cycle.
I see a few outcomes.
1) Bounce here and absolutely rip to new highs
2) Bounce here and form some type of flag, prob bilateral making it harder to predict the massive pump or dump that would follow.
3) Lose this and take a shit to $29,300 to retest the neckline that we watched last previous high in April 2021. If this neckline is lost Bitcoin will hit $18k 100%.
4) few other options but those are the leading ones I see.
If the bearish idea is correct we will bottom out 2023 late summer, I will BUY THE DIP THERE and hodl for next cycle.
I see a few outcomes.
1) Bounce here and absolutely rip to new highs
2) Bounce here and form some type of flag, prob bilateral making it harder to predict the massive pump or dump that would follow.
3) Lose this and take a shit to $29,300 to retest the neckline that we watched last previous high in April 2021. If this neckline is lost Bitcoin will hit $18k 100%.
4) few other options but those are the leading ones I see.
If the bearish idea is correct we will bottom out 2023 late summer, I will BUY THE DIP THERE and hodl for next cycle.
Nota
Not financial advice, be safeNota
3 it is
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.