NO ONE CAN GO PARABOLIC, NEITHER ELON MUSK NOR BITCOIN BIG DADDY CAN GO UP WITHOUT HAVING A STRONG LEG DOWN - PERIOD.
BTC GONNA CRASH @ 70K / SUPPORT @ 21W EMA / 50K TO 52K / SHORT @ 70k
REASONS / INDIAN ELITE BTC SNIPER v4.0 / IN MY HUMBLE OPINION
1. BULLISH TREND - RISING WEDGE PATTERN indicating TREND REVERSAL in the mid term (as the same MAY 2021 Crash)
2. HEAD AND SHOULDERS PATTERN - formation of head and shoulders pattern
3. WYCKOFF DISTRIBUTION PATTERN / As the same Feb 21 - May 21
4. ABC correction wave Imminent / finding its support @ golden 0.618 fib around 50k -52k
5. 21 Week EMA @ 51530 at the time of publishing.
6. LONG @ 50 - 52K TILL 135K, THEN EXIT THE MARKET PROS OF BTC CRASH
1. HEALTHY CRASH FLUSHING OUT OVER LEVERAGED PLAYERS (>3X)
2. EXTREMELY BULLISH , AS SOON AS THE CRASH HAPPENS, CONSOLIDATION FOR 15 TO 25 DAYS ( JAN 2022), THEN BTC GONNA GO PARABOLIC TO 135K, FINISHING THE CYCLE AROUND 150 K @ MAR 15/22.
3. THIS MARKET CYCLE ISN'T OVER WITHOUT BTC CROSSING 100K -PERIOD.
4. THANKS TO BENJAMIN COWEN @ CRYTPOVERSE FOR HELPING ME GAIN SO MUCH KNOWLEDGE.