BTC back to $10k-$14k by November?
This structure is looking bearish to me. The run was unhealthy in the way that it ran. From 10k onwards we went nearly straight up without testing key levels as support and barely any corrections.
Because of that, I lean towards a full retracement back to the 10k area so we can test that area as support.
If this plays out, it should be the buying opportunity of a lifetime, because after that I believe we'll be going to 100k+.
I think price gravitates towards the gray box sometime between September-November.
Because of that, I lean towards a full retracement back to the 10k area so we can test that area as support.
If this plays out, it should be the buying opportunity of a lifetime, because after that I believe we'll be going to 100k+.
I think price gravitates towards the gray box sometime between September-November.
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