BTC - Bearish & Bullish Scenarios
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As we all love a doomsday scenario during times like this and here is my bearish forecast - (although it is long-term bullish)
- We are at a natural bounce point but macro forces are unsettling the markets.
- RSI on the daily can go deeper - possibly touch the 200 Weekly EMA.
1. Scenario - BULLISH: I expect to hit $7,500 then a move up but staying in this range. The argument here is that the Hyperwave is actually complete - taking into consideration the Log Growth Curve as the base.
2. Scenario - BEARISH: The Bearish scenario places the low at the bottom of the Traditional Hyperwave (some have this at $1,000 but I place this closer to $4,000). The traditional Hyperwave completion to
4K is probably the most bullish scenario as we will find the biggest supply to push to new ATHs
Fear in the market is pushing you to sell - scenario 1 is the one I am going for :)
Best, always a newbie - Hard Forky
- We are at a natural bounce point but macro forces are unsettling the markets.
- RSI on the daily can go deeper - possibly touch the 200 Weekly EMA.
1. Scenario - BULLISH: I expect to hit $7,500 then a move up but staying in this range. The argument here is that the Hyperwave is actually complete - taking into consideration the Log Growth Curve as the base.
2. Scenario - BEARISH: The Bearish scenario places the low at the bottom of the Traditional Hyperwave (some have this at $1,000 but I place this closer to $4,000). The traditional Hyperwave completion to
4K is probably the most bullish scenario as we will find the biggest supply to push to new ATHsFear in the market is pushing you to sell - scenario 1 is the one I am going for :)
Best, always a newbie - Hard Forky
Ghi chú
Scenario 2Ghi chú
This was pretty much perfect.Best, Hard Forky
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