THE BEAR MARKET CONTINUES PART IV

15 thg 2, 2020

Welcome for another grand update on Bitcoin part of THE BEAR MARKET CONTINUES PART IV
BTC will test 10 Year Moving Average (approximately 2200 USD in July 2020)
Final Target 1 = 2203.66 USD
Final Target 2 = 1636.72 USD
GAP 1350-1830 USD
Right Fibonacci Extension wave (c)
Left Fibonacci Retracement wave (a)
Wave (b) returned more than 61,8% of wave (a), it's wave a.
If wave (b) returns more than 61.8%, it's wave a and wave c fails
wave c = (b)

Supercycle 10 Year


When dominance rises, the price falls.

ETHBTC - Mirror image dominance BTC.

Dominance is in an extremely oversold zone.

It follows bitcoin down, altcoins a lot down

NVT indicator signals epic fall


Previous parts of the series

15 thg 2, 2020

Ghi chú

0.618 Fibonacci retracement comlete - 10341.99 USD
Next stop MA 200 Daily

16 thg 2, 2020

Ghi chú

Dominance rises, the price falls.

12 thg 3, 2020

Ghi chú

NVT indicator has broken the long-term trend line

3 thg 4, 2020

Ghi chú

Change of FINAL TARGET 2 = 1427 USD (Wave V)

24 thg 4, 2020

Ghi chú

The bottom could be in the week from 13.7. 2020