My 1st bearish call for bitcoin, last hope we have when bitcoin is trying to break 45k but it fails 3x and now its possible bitcoin is doing the distribution phase before water falls comes soon,
which is we can see from 1st halving and 2nd halving, right now if we look at the days and months how bitcoin move on bullmarket, we can tell we already reach the exact timeline for bullmarket, so we can call 69k was the peak with massive double top,
i know its hard to believe that this bull market dosent have blown off or parabolic moves, its possible due to global problem feds rates and russia and ukraine, covid so many things happen thats why bitcoin is heavily affected and stop the price to push higher,
right now you can look 10k 12K 15k 20k 25K27K as a major support once this maxis sold there position.
next halving is on MAY 4 2024 it means price will go up, our goal right now is to find the best altcoins when everything goes to dip but some altcoins is already -90% 80% already, for bitcoin the global debate is when will hit the bottom? this 2022? or 2023?
on our analysis its possible on late 2022 or mid 2023 base on federal rates plan.
this analysis can be invalidate if we cross 55k+
Note
water falls begin.
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i havent update this for awhile, recent run from 48K is the last bullish and right now were at 39K again and this determine that bitcoin is making larger Lower Highs it means it will go down soon but not a fast as we think, i think 3rd quarter somewhere JUNE will be the big drop. i also checking that price could go lower to 17k and 20k for the bottom of this 3rd halving.
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