The destination of bear market
I don't wanna talk about why Bitcoin still tends to create lower bottoms (because anyone who has followed my previous analysis, knows enough about reasons), instead I wanna talk about the last targets of crypto bear-market for the first time...
As you can see, BTC has low-scale Bermuda's above. Mostly on hourly and minutely time-frames, but there is a green daily Bermuda on 20K. In addition, there are bunch of liquidity (flats) levels which has depicted by yellow and orange horizontal rays(lines). I think they are good candidates which can avoid price to climb up...
On the other hand, king of crypto market has lots of high time-frame Bermuda's below. Whatever you imagine, MONTHLY!!, WEEKLY!, daily and some 4H and 1H. From my point of view, they MUST have touched at the end of the bear-market. So there is a frightening destination waiting for HODLers ...
After all, if I have to give a single number for tip of lowest shadows, I would say 8888$. What a beautiful number they said, well said :D
Last but not least, you can use Bitcoin hash rate chart as confirmation. Until it hasn't outstanding retrace, the winter is still coming ...
As you can see, BTC has low-scale Bermuda's above. Mostly on hourly and minutely time-frames, but there is a green daily Bermuda on 20K. In addition, there are bunch of liquidity (flats) levels which has depicted by yellow and orange horizontal rays(lines). I think they are good candidates which can avoid price to climb up...
On the other hand, king of crypto market has lots of high time-frame Bermuda's below. Whatever you imagine, MONTHLY!!, WEEKLY!, daily and some 4H and 1H. From my point of view, they MUST have touched at the end of the bear-market. So there is a frightening destination waiting for HODLers ...
After all, if I have to give a single number for tip of lowest shadows, I would say 8888$. What a beautiful number they said, well said :D
Last but not least, you can use Bitcoin hash rate chart as confirmation. Until it hasn't outstanding retrace, the winter is still coming ...
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