In the long term prices always meet with the averages
It might seem impossible now, but in the long term prices always meet with the averages. It is very hard to predict from where a correction will start and you could be way off on your estimates. That said I think we are close to a correction which will not make the chart bearish on the long term timeframes, but it will bring the price closer tot he 50 and 200 week EMAs.
I know I will get a lot of flak for this post, but this is what I see compared to all the calls of $50 and $100k prices coming. They are coming eventually, but not in the next 3 months in my opinion.
I know I will get a lot of flak for this post, but this is what I see compared to all the calls of $50 and $100k prices coming. They are coming eventually, but not in the next 3 months in my opinion.
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