Hambooger

LT Initial Idea (Nov 2021)

Long
BYBIT:BTCUSD   None
Bitcoin/USD rate (Nov 2021)

Continuing off the idea of my last 1 hour and 4 hour charts, I think a good year of recovery will be in order if a drop to $30k-$40k does actually happen in 2022 or sooner. Then it could finally see max peak at $73k-$75k end of 2022 if that price level doesn't happen before the end of 2021.

This is very speculative so read into it with caution, this can totally be wrong.

Previous charts I've built coming to this conclusion:

Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
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