well basically anyways, it can be looked up.
Bubbles generally are symmetrical (cryptos are in a bubble). Meaning however long it takes to go from bottom to top, is the same amount it takes to go from top to bottom
And usually to the same value.
If you look at the monthly bitcoin chart, it tracks beautifully.
Right or wrong that is what I base my strategy on.
Also I am expecting another 50 percent haircut on the other major cryptos as well
Bubbles generally are symmetrical (cryptos are in a bubble). Meaning however long it takes to go from bottom to top, is the same amount it takes to go from top to bottom
And usually to the same value.
If you look at the monthly bitcoin chart, it tracks beautifully.
Right or wrong that is what I base my strategy on.
Also I am expecting another 50 percent haircut on the other major cryptos as well
continuing to base, after the red flag long-legged doji it formed in April. Right now , IF the month was to end tomorrow, well an inside candle for July. NO lower low, ends the streak . The month aint done
since mid-May it has tested this bottom range its currently at 3 times and has bounced. Seems to refuse to let it go
technicals r technicals - nothing is pointing either way on the longer time frames -weekly and monthly, pure guess ....... any trader that tells you they know how the short term will play out based on the monthly /weekly chart? pat them on the back, buy'em a coffee...they're broke
My guess is 21 or 22.
Then it will settle then hit new ATHs in 3 years around 190k then bottom at 60k
Centralized digital currencies are coming which is scary. The US is afraid of the e-yuan. https://www.scmp.com/economy/china-...currency-us-athletes-should-be-banned-using-e
