With recent failure at $29318, Bitcoin has undergone major invalidation to its macro wave pattern. Seemingly invalidating its impulsive form, I believe the King of Crypto is due to form a big wedge/diagonal/wyckoff pattern over the next number of years. Considering the ultra aggressive drop cycle we've all witnessed, I believe Bitcoin to also be in yet another more micro version of a diagonal move was well.
With 3 big waves stretching down from $68K > $28K, we could see a sizeable return to the range of $50-$55K as a Wave 2 correction.
Denial at this level would prove as confirmation (imo) to the yearslong downside cycle.
I guess its time to see how Alt Season really operates.
Also interested to see how this affects Bitcoin's dominance on the market.
With 3 big waves stretching down from $68K > $28K, we could see a sizeable return to the range of $50-$55K as a Wave 2 correction.
Denial at this level would prove as confirmation (imo) to the yearslong downside cycle.
I guess its time to see how Alt Season really operates.
Also interested to see how this affects Bitcoin's dominance on the market.
交易進行
last leg down in Wave 1 pending --註釋
Bitcoin has more pump and a dump towards $23K in store before this macro pattern kicks into gear.
註釋
取消訂單
portions of this macro perspective are incorrect based on reassessment. will regenerate long term ideas.
see DSTC for more timely updates.
註釋
multi year bear not ready.
Decode the wave, anticipate the move.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Decode the wave, anticipate the move.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。