Bitcoin Resonance Period and The 20k Pump Trap
first im not experienced TA in trading but just looked from a technical mechanical curve theory
Briefly i see that Bitcoin Never reached 20k in real and the right value nowadays about 10k-11k
I Assumed that the area in red box is just a resonance period
kindly google it (resonance curve)
which caused buy a forcing pump to 20k USD
let us assumed bitcoin just reached 5-6 k USD in 2017 smoothly
and was correcting last two month uptrend and downtrend from 5 -6 - 7 - 9- then 6 then 7 - 8 - 9 -10 - 11 and now correcting to 8-7
last two months was just a period for btc to return to stability after that resonance
so i think the curve in white and trend or channel in red is the stable and more real shape
from now lets do the following and fly
1: cancel the red box area (RED BOX RESONANCE area)
2: follow the chart as it hasnt reach 20k usd before
3: the actual price nowadays is about 10-11K and is correcting for it and will down to 7k and come back to pass 11k and reach 12-13 ten corect....etc
4: targeting about 20k this coming
is it more logic
Briefly i see that Bitcoin Never reached 20k in real and the right value nowadays about 10k-11k
I Assumed that the area in red box is just a resonance period
kindly google it (resonance curve)
which caused buy a forcing pump to 20k USD
let us assumed bitcoin just reached 5-6 k USD in 2017 smoothly
and was correcting last two month uptrend and downtrend from 5 -6 - 7 - 9- then 6 then 7 - 8 - 9 -10 - 11 and now correcting to 8-7
last two months was just a period for btc to return to stability after that resonance
so i think the curve in white and trend or channel in red is the stable and more real shape
from now lets do the following and fly
1: cancel the red box area (RED BOX RESONANCE area)
2: follow the chart as it hasnt reach 20k usd before
3: the actual price nowadays is about 10-11K and is correcting for it and will down to 7k and come back to pass 11k and reach 12-13 ten corect....etc
4: targeting about 20k this coming
is it more logic
Giao dịch đang hoạt động:
As i expected the BTC Ignoring till now many dumps
i expected the following targets
9250
9050
9250
10200
11300
12900
13450
13000
14575
then down again till 10200
i expected the following targets
9250
9050
9250
10200
11300
12900
13450
13000
14575
then down again till 10200
Bình luận:
wowwwwwwwww alsmost matching the imaginary white curve prediction
going to 14k USDT then will correct to 9050 - 8800
going to 14k USDT then will correct to 9050 - 8800
after today closed price
the BTC is going for two options
1: break 8400 and comeback from 7400 untill 14000 then down to 9050 16500 10800 19000
2: penetrate 9200 to 10200 and bull to 10400 directly then down to 9050 16500 10800 19000