Bitcoin-92,000 or panic plunge
Updated
Bitcoin-92,000 or panic plunge
"Bitcoin investors are like gamblers - they just wear nicer suits and call their losses 'portfolio adjustments. Predicting Bitcoin is like predicting the weather - the weather is less often wrong!'"
Williams' Bitcoin weather forecast:
Theoretical basis: straight lines belong to humans, curves belong to God
God's perspective--as shown in the picture:
The most accurate support line at the moment is: around 92,000
The meaning of segment A: the accumulated shock near 92,000, just like before a 100-meter race, the athlete must squat first.
The meaning of segment B: the test market of sprinting 100,000
The meaning of segment C: forcing the shorts to death and quickly taking profits, the long and short divergence
The meaning of segment D: Accumulated adjustment, and trying to rush to a new high: 11,000, and quickly collapsed near 108,000.
The meaning of segment E: panic decline may occur
Fundamentals:
Trump is highly bullish on Bitcoin
Powell is highly bearish on Bitcoin
The news is true!
The money evaporated, which is also true!
Trump plays the red face and Powell plays the black face.
It's like Chinese crosstalk, they are singing a double act.
I will use the orange S line to show the possible trend, as shown in the figure
Long ideas:
BUY: 93000-94000
SL: 92000
TP1: 99000
TP2: 100000
TP3: 103000
----------------------------------
Short ideas:
SELL: 94000-94500
SL: 99500
TP1: 92000
TP2: 88000
TP3: 85000
As a professional analyst: From the perspective of technical analysis, I prefer the possible panic decline.
But we have to face the two super rogues in reality
I will continue to follow up the subsequent signals
If you also agree with my analysis, you can leave me a message and I will reply one by one
and continue to update for you.
"Bitcoin investors are like gamblers - they just wear nicer suits and call their losses 'portfolio adjustments. Predicting Bitcoin is like predicting the weather - the weather is less often wrong!'"
Williams' Bitcoin weather forecast:
Theoretical basis: straight lines belong to humans, curves belong to God
God's perspective--as shown in the picture:
The most accurate support line at the moment is: around 92,000
The meaning of segment A: the accumulated shock near 92,000, just like before a 100-meter race, the athlete must squat first.
The meaning of segment B: the test market of sprinting 100,000
The meaning of segment C: forcing the shorts to death and quickly taking profits, the long and short divergence
The meaning of segment D: Accumulated adjustment, and trying to rush to a new high: 11,000, and quickly collapsed near 108,000.
The meaning of segment E: panic decline may occur
Fundamentals:
Trump is highly bullish on Bitcoin
Powell is highly bearish on Bitcoin
The news is true!
The money evaporated, which is also true!
Trump plays the red face and Powell plays the black face.
It's like Chinese crosstalk, they are singing a double act.
I will use the orange S line to show the possible trend, as shown in the figure
Long ideas:
BUY: 93000-94000
SL: 92000
TP1: 99000
TP2: 100000
TP3: 103000
----------------------------------
Short ideas:
SELL: 94000-94500
SL: 99500
TP1: 92000
TP2: 88000
TP3: 85000
As a professional analyst: From the perspective of technical analysis, I prefer the possible panic decline.
But we have to face the two super rogues in reality
I will continue to follow up the subsequent signals
If you also agree with my analysis, you can leave me a message and I will reply one by one
and continue to update for you.
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CFA,Portfolio Manager/Quantitative Research Analyst Long-term investment in gold, Bitcoin, foreign exchange, etc.
CFA,Portfolio Manager/Quantitative Research Analyst Long-term investment in gold, Bitcoin, foreign exchange, etc.
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