I have provided a visual description of the potential move to come in Bitcoin. The day by day I know could never be 100% accurate but I believe the overall time frame will be close. Bitcoin has a constant history of longer consolidations after a fall of more than 30% or so.
IMO the overall sentiment is very uncertain at least in the short term. Many had expected Bitcoin and the stock market to continue rallying into year end, because of the recent down turn in the stock market and Bitcoin it has created FUD due to Covid, inflation and Fed policy.
I'd be happy to hear others opinions on alternative outcomes and why.
IMO the overall sentiment is very uncertain at least in the short term. Many had expected Bitcoin and the stock market to continue rallying into year end, because of the recent down turn in the stock market and Bitcoin it has created FUD due to Covid, inflation and Fed policy.
I'd be happy to hear others opinions on alternative outcomes and why.