[UPDATE TOTAL] I said it multiple times. This a good scenario.
Accumulation means accumulation.
Short term:
A) quick pump, then down, then deviation (yellow line), then trend range down, then deviation to 1st of Jan 2021, then up.
B) quick dump, then up, then A)
Long term:
A) meltup after accumulation, then down
B) Up then down again after halving
See chart.
This is one of the scenarios I'm watching.
Short term:
A) quick pump, then down, then deviation (yellow line), then trend range down, then deviation to 1st of Jan 2021, then up.
B) quick dump, then up, then A)
Long term:
A) meltup after accumulation, then down
B) Up then down again after halving
See chart.
This is one of the scenarios I'm watching.
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Bitcoin
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Alternative total scenario: bad
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Honestly, regarding total3...i wouldn't be surprised:
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These are my probabilities:
- 100% mid range retest
- 50% retest of quarter level
- 25% retest of 1st of Jan 2021 levels
- 100% mid range retest
- 50% retest of quarter level
- 25% retest of 1st of Jan 2021 levels
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