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Shrewd Crude

4,575 Posts.

4

24/03/24

03:59

Post #: 73029825
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Originally posted by omose: ↑

Bitcoin is in a txtbook parabolic trend.The txtbook states target is double step 3, which was around 45000 dollars ,target therefore 90,000 dollars. Step 4 is being formed as of now.May wash out weak hands down to 58,000,and the parabolic trend is still intact,after target is hit I am predicting 40 percent correction to washout the latecomers this will provide liquidity for whales institutions etc,before phase two of this bull market resumes.This I feel is one likely scenario.I really do believe this tech will be great for the human race in general.

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Buddy amazing analysis...
This is exactly how i see it playing out.... well done...
The big sell off is at 90k 91k imo...
usually go just before the target
2 Upvote

0 Great analysis

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