BitcoinShort
My most bearish Bitcoin chart - less likely IMO
I have cleaned up a Bitcoin chart and made a technical analysis using FIB, volume profile and ABCD-pattern...📉
And that all with my most bearish glasses I have during that great #bullish time🥸
Here are the key takeaways🗝️
BTC has to break the POC at 47,555... the 50k mark and the final FIB resistance 78,60% to invalidate point C of the ABCD-pattern
If BTC fails the CD-projection can bring us deep below 10k📉
Even if I don't value that scenario as high likely...
If so... this would be a bullish ABCD-pattern with upwards movement and new highs afterwards - check it out👀
Now... tell me your thoughts dear Crypto Nation💭
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
And that all with my most bearish glasses I have during that great #bullish time🥸
Here are the key takeaways🗝️
BTC has to break the POC at 47,555... the 50k mark and the final FIB resistance 78,60% to invalidate point C of the ABCD-pattern
If BTC fails the CD-projection can bring us deep below 10k📉
Even if I don't value that scenario as high likely...
If so... this would be a bullish ABCD-pattern with upwards movement and new highs afterwards - check it out👀
Now... tell me your thoughts dear Crypto Nation💭
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
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.