btc 2 scenarios
Here is my view on btc. As btc follows path similar to last bull cycle (2016-2017) i find it very interesting and although i dont prefer similarites in stocks i think that in crypto they are quite often. Well, you can find what i have been following down in related ideas.
So i think there is 65-70% chances btc is in bull market. In bull market we could expect to go 1000% up..That is enough for me...it is great reward-risk ratio!
Now i have 2 counts...My primary count is red..i think btc will go to 17,8-18k and then fall to 15-13 k next week (to 21 weekly ema).
Alternative count is it will make another high before that correction.
Kind regards!
So i think there is 65-70% chances btc is in bull market. In bull market we could expect to go 1000% up..That is enough for me...it is great reward-risk ratio!
Now i have 2 counts...My primary count is red..i think btc will go to 17,8-18k and then fall to 15-13 k next week (to 21 weekly ema).
Alternative count is it will make another high before that correction.
Kind regards!
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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.