I have no doubt in bitcoin to go much above 100k but not this year or next.
Something to remember all the time:
-News doesn't affect the trend, but the price just a little bit. Price doesn't matter but the trend.
-There must be a real happening in order to change the trend. And you'll see there will be a huge crisis which will have universal affects. And that's going to pump bitcoin to crazy all-time highs. Otherwise do not expect some magic.
-Do not believe that guys "bitcoin trading is different" "it doesnt like stocks or assets". Sorry but its a lie. Bitcoin is no difference on trading basis. It is same as gold , iron, salt, sugar , etc. The only difference is the idea and the profit we'll have, cause we're all still early adapters on this date.
I really love to catch the bottom. I know its hard but i worked so hard many weeks and i got the previous 6k bottom on february 6th . I couldn't sell it on 11k but who cares. I have already saved my loss cause i bought it at about 16k ( :
So possible road to bottom: (i'll update as much as i can)
1-2-3-4-5 numbers: It's the setup of broadening bottom pattern. It's a technical sign that we've bottomed. Google it
1st stop-8.8k : The green comes from logarithmic chart, also there will be my deathcross 64 day to 256 day. I know its weird but i love more this way.
2nd stop 4.7k to 4.8k : It's a range cause its very hard to guess the bottom. There are 3 causes. The fibonacci line and our giant triangle bottom and the long term which starts from 1k breakout.
So this is my bottom scenario. I know it's risky and i don't recommend it any of you to do. The clever trading is to confirm the bounce first and buy the breakout. But i like risks. So hope BTCUSD plays like im expected.
Long live BTC