Bitcoin / TetherUS
Short

BITCOIN: Prediction of Perfect Point of drop

1 235
Hello Traders!

Well before showing your hate in the comment section think twice before what you say.

I predicted the crash when the market was near 60 but I saw very disappointing comments and after that, I Predicted the Second sell wave a few days ago and again I saw very disappointing comments. No one on Earth knows where it's heading not even manipulators. So I am trying my best with my experience.

Let's talk about Harsh truth Now,

Bitcoin is bearish since Mid April and it is still falling. It clearly formed the Wyckoff's distribution at peak then drop hard. Now it's in re-distribution form and it will drop again.

The first support is at 20,000 but it will not hold it longer. The preliminary support will be at 20K.

The bottom of the trend will hit the 11400 dollars. The market is Bearish for at least the next 100 days. Bearish Market can last 150 days.

The reason that I am expecting a 11400 price is that it is mid of the accumulation phase and this accumulation is attracting the price like a magnet. Once it hit the mid of accumulation the market try to run as quick as possible from the accumulation phase.

Don't forget to hit the like button and follow to stay connected




Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.