If the bitcoin bubble is to retrace it will do a 65% retrace.
Updated
Chart is self explanatory
It could extend to 80%, All the people that bought recently (November-December) are about to get tested...
It could extend to 80%, All the people that bought recently (November-December) are about to get tested...
Note
The time has come... Bitcoin may retest 6000$ Watch outNote
It has begun, my expectation is that it will reach 8000$ before the 20th JanNote
It will bottom around 6500 and 7500$Note
It didn't do the 65% retrace, but the weekly candle hasn't still close so the possibility remains, it depends with how much volume it retraces...If it turns out that the retrace was just 30% as it is then this is a strong bullish sign...
Note
It looks like bitcoin won't go below 10k this month..Note
Looks like we are heading to 6k nowNote
Bitcoin already retrace 60% so this trade is already a success.Trade closed: target reached
Trade active
Long from here ...66% From the top, almost exactly... That is if we hold current support.
Trade closed: target reached
Buying the dip is always profitable
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