This is a quick sketch of a thought: What if Bitcoin is correcting like the bubble of Spring 2013 instead of the subsequent one in November? It's tough to say if we'e reached bottom yet. However, if we are indeed following the pattern of the last Block Reward + Bubble era then this era will have the Bitcoin price recovering from this correction over the next few months and then leading to a bull run possibly up to $100k/bitcoin before we see a possibly year long (or more) correction.
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Let's see if 4 is already in or if double bottom is needed.Anmerkung
Evidence suggests good chance 4 is in. Fiat reserves incase of sharp decline not a bad idea. Also not a bad idea to sit on your hands until market begins to move.Anmerkung
Careful selling into fear.Anmerkung
Price resting on that lower mid channel line. A bounce here would be nice but would not guarantee end of bear trend.Anmerkung
As it was written elsewhere, "I find it hard to believe that a growing institutional sentiment toward cryptocurrency / blockchain, will be the catalyst for a bearish market or full retracement "Anmerkung
This would be a nice place for a bottom.Anmerkung
Follow the blue path? :DAnmerkung
A retest of that lower trend line around $4k is possible if momentum doesn't change soon for Bitcoin.Anmerkung
Wave 4 in IMOAnmerkung
Close to or nearly at bottomAnmerkung
Based on this chart we have touched support and are ready to move up!Anmerkung
Sitting on log support.Anmerkung
Support brokenHaftungsausschluss
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.