BTCUSD LONG FRACTALS FUNDAMENTALS
Updated
So deferring to my "BTC RHYMES" previous publication, this is a build on that, from a wider scope of course.
The publication (included in the related links below) was in essence, just a short-mid term analysis of what this publication is which in itself is the major key resistance points (2 bullish & 2 bearish case scenarios) of what BTCUSD will evidently look like by year's end.
Yellow lines revealing falling wedge & fundamental analysis indicates the bullish sentiment is overall the more likely scenario given other variables including COVID19 & BTC halving + unlimited QE by the Fed & more.
I was leering over the publications on BTCUSD & none of them really took a step back to portray the evident outcome -- based solely on fundamental analysis & objective case scenarios that are finite & will happen, regardless of whether it's on the upside or the worst case (bearish $1770 range YIKES!) although these are the figures set in stone & I felt it important to include two on both bullish & bearish case scenarios.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
The publication (included in the related links below) was in essence, just a short-mid term analysis of what this publication is which in itself is the major key resistance points (2 bullish & 2 bearish case scenarios) of what BTCUSD will evidently look like by year's end.
Yellow lines revealing falling wedge & fundamental analysis indicates the bullish sentiment is overall the more likely scenario given other variables including COVID19 & BTC halving + unlimited QE by the Fed & more.
I was leering over the publications on BTCUSD & none of them really took a step back to portray the evident outcome -- based solely on fundamental analysis & objective case scenarios that are finite & will happen, regardless of whether it's on the upside or the worst case (bearish $1770 range YIKES!) although these are the figures set in stone & I felt it important to include two on both bullish & bearish case scenarios.
- DISCLAIMER
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
- Peace & Stay Safe/Healthy
Trade active
So far (fundamentally) we are progressing as projected.Trade active
forexsignal on BTC technical analysis (LONG) target panned out as projected when this publication was initially posted on April 1st, pre COVID crisis which further highlights the importance of what I was driving towards explaining in the publication above...that fracts, fundamentals don't change & as you can see [i[(simply by clicking the right arrow on the chart above) the fundamentals panned out & price wedged in as intended. IMHO now we'll see a higher high symbol between 8-10K range; according to TA, after which we should top out at $9.4-9.8K, then what appears to be an (extended) dead cat bounce formation will inevitably result in a price consolidation somewhere back to 7K after #btchalving.
Time will tell & I've been right thus far. Though this is NOT FINANCIAL ADVISE!
Peace & Love! Stay safe, healthy & happy everyone.
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