BTC LONG - Longer term analyses.
So i (tried) removed all the lines and clutter to have a clear vision.
BTC did a correction of about 55%, but by no means a bear market. In crypto space this is a medium-type correction. nothing to fancy.
IMO a clear uptrend is developing, altough to be seen. this drop was IMO fake/fabricated/manipulated dump to scare the ppl into panic selling.
Technically we are holding the line here. The 47k area is important.
touching 30k again is superbad and i would surely sell everything.
On the otherside i will also sell everything (or +-95% off assets) @
180k-250k
12/2021 - 02/2022
whichever will come first. altough i truly believe BTC should reach at least 150k.
Using the long term 4-year cycle and 'halving' analyses, it should TOP OUT and fall approx 90% into 2023. THen to buy it again, or if G*D forbids, the gov't will make it illegal pushing the crypto's to the underground economy (at a fraction off it's value?).
Good Luck
BTC did a correction of about 55%, but by no means a bear market. In crypto space this is a medium-type correction. nothing to fancy.
IMO a clear uptrend is developing, altough to be seen. this drop was IMO fake/fabricated/manipulated dump to scare the ppl into panic selling.
Technically we are holding the line here. The 47k area is important.
touching 30k again is superbad and i would surely sell everything.
On the otherside i will also sell everything (or +-95% off assets) @
180k-250k
12/2021 - 02/2022
whichever will come first. altough i truly believe BTC should reach at least 150k.
Using the long term 4-year cycle and 'halving' analyses, it should TOP OUT and fall approx 90% into 2023. THen to buy it again, or if G*D forbids, the gov't will make it illegal pushing the crypto's to the underground economy (at a fraction off it's value?).
Good Luck
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