Cycle repetition - Greed and Fear index

已更新
Despite all the market decline and market negativity, my prediction of the next movement still bullish until we reach $80,000$.

Reasons for this market lecture :
  1. Greed and fear index is repeating the same cycle as 2021 bull market.
  2. Accumulation pattern : as explained before , bitcoin is in bullish flag pattern which is the most bullish pattern in technical analysis world.
  3. False breakout of the bullish flag pattern : this is one of the extremly bullish reversal signals.


I expect that the market will enter a short term accumulation. This accumulation will make the Greed index reaches 20 to 25. Then it will target $80,000.
註釋
As explained before , market is now formin a double bottom resetting the greed and fear index to 25.
Main target will be 80k.
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註釋
Greed and fear index is now reseting to 20~25 as explained in the chart. The market will aim upside from now.
註釋
As predicted , greed and fear index triggered the fear level at 24. Now it's aiming to extreme greed level around 90.
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交易結束:目標達成
Target reached.
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Beyond Technical AnalysisbreakoutBTCUSDChart Patterns

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