BTC to have bump up and down in sell off and then skyrocket!
First of all, I believe BTC has ended the previous bull run although we're now going into an equally big one because BTC's about to have more major adoption in countries like El Salvador. BET#1
1st march - 13th may was head and shoulders pattern.
13th - 24th was regression trend
24th-8th june was triple bottom reversal and/or double bottom; probably the latter. The peaks during this period formed a downwards trend so the fib price retracement was quite suppressed and we didn't see the price going to the upper fib levels.
BET#2: soon after I post this, as indicated by my orange arrows, up to 45k +/- 2k, back down to the support of about 40k and then bursting upwards. The other reason I'm quite confident in this bet is because this is also the time silver changes phases; which I believe is going to burst upwards! According to Keiser Report, the dollar is believed that it will not survive until August, which is why I believe gold, silver, BTC will go up and the fib time shows a major phase change at 1st July so I'm hopeful! To 100k and beyond! - Toy Story totally said that!
If I'm wrong, I believe we'll go into a bear market for BTC, although XMR seems to be showing quite separate patterns so that doesn't mean BTC will end everything. Perhaps people will put their money into more useful assets.
win loss counter: W3L4
1st march - 13th may was head and shoulders pattern.
13th - 24th was regression trend
24th-8th june was triple bottom reversal and/or double bottom; probably the latter. The peaks during this period formed a downwards trend so the fib price retracement was quite suppressed and we didn't see the price going to the upper fib levels.
BET#2: soon after I post this, as indicated by my orange arrows, up to 45k +/- 2k, back down to the support of about 40k and then bursting upwards. The other reason I'm quite confident in this bet is because this is also the time silver changes phases; which I believe is going to burst upwards! According to Keiser Report, the dollar is believed that it will not survive until August, which is why I believe gold, silver, BTC will go up and the fib time shows a major phase change at 1st July so I'm hopeful! To 100k and beyond! - Toy Story totally said that!
If I'm wrong, I believe we'll go into a bear market for BTC, although XMR seems to be showing quite separate patterns so that doesn't mean BTC will end everything. Perhaps people will put their money into more useful assets.
win loss counter: W3L4
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