Bitcoin Liquid Index
Updated

BTC go Down at 2K? Insane Idea!

83
Crazy idea, bitcoin loves patterns, I will assume a serious collapse of bitcoin in 2021 (year of the bull?))) In March, as it was recently and its same insane recovery (without accumulation) with a breakout of all important levels that we have been saving all this time and collecting huge liquidity at these levels. And this is 2k, 3k, 4k, 6k, 7.5k, 10k, 12-14k, then we fix at 14k and accumulate there for some time (in 2021 - a breakdown of all important levels, 2022 - accumulation for 14k) and only after that bull run (we will approach 20k in 2023-2024).
Note
Okay, a slight drop, a set of shorts. After taking them out on the day with a large candle in the area of 13500. Monthly pin bar (September) will close with a red candle, similar to doji, next month, October - another red candle. The bullish month in which I expect a spurt to 13500 (maybe higher) will be November - December. Then there will be a strong collapse.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.