BitcoinShort
Likely 10k BTC ?
This is extension of my previous chart, which only had a total drop comparison with 2017 peak.
This chart breaks that down into 3 parts:
- Initial drop ~67%
- Relief rally ~55%
- Next leg down ~68%
Followed by a fresh rally :)
It is fascinating to see the numbers derived for this cycle align well with our current support levels.
Disclaimer: Not a day trader, TA or an expert. Just some random dude who observes chart
This chart breaks that down into 3 parts:
- Initial drop ~67%
- Relief rally ~55%
- Next leg down ~68%
Followed by a fresh rally :)
It is fascinating to see the numbers derived for this cycle align well with our current support levels.
Disclaimer: Not a day trader, TA or an expert. Just some random dude who observes chart
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.
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.