BTC TO 10000 – 11000 INCOMING

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

PositronXY

Hi there,

If we analyse the peaks and retracement in the past, we see that everytime BTC spikes it eventually retrace 100% back down.

First major spike in 2017, then in 2018 it went back to its previous value

Second spike in 2019, then in 2020 it went back to its previous value. 100% ish retracement

Then in Oct 2020, it got very bullish then went all the way to 60000 of course it retraced 50% – 60% before going to 60000. So now it is bearish , we should expect it to go back to 100% retracement i.e. price before Oct 2020.
BTC down to 11000 $$$

You might be interested in …

Trading View April 8, 2022

#ETHUSDT 4H Chart

#ETHUSDT 4H Chart Ethereum / TetherUS BINANCE:ETHUSDT saviour25 Price bounced perfectly from the 7h demand zone at $3,150 and it is showing more strength then BTC . MACD lines crossed and turned bullish , RSI […]

Trading View April 2, 2022

9 Millionth Bitcoin Has Been Mined, Could We See a Pump?

9 Millionth Bitcoin Has Been Mined, Could We See a Pump? Bitcoin / TetherUS BINANCE:BTCUSDT Trade_Scholar Monthly Time-frame We have closed a green candle on March. Rejection area or the supply zone is at $47,100. […]

Trading View March 28, 2022

TRADE PLAN FOR DASH FOR PROFITS

TRADE PLAN FOR DASH FOR PROFITS Dash / TetherUS BINANCE:DASHUSDT Tradehubng hello traders, we trade what we see and we are expecting a continuation to the upside. follow the chart. tradehubng