BTC Wall Street Cheat Sheet - Completely for fun
I'm a Bitcoin bull but I decided to take a look at the bear side and see if I could apply the Wall Street Cheat sheet to Bitcoin.
It's hard to fit it but if the bears want to make the case that the top is in, this is one extreme scenario. It won't be popular.
Do not get excited or mad at the chart. I put it together in a short amount of time as a fun chart.
It's hard to fit it but if the bears want to make the case that the top is in, this is one extreme scenario. It won't be popular.
Do not get excited or mad at the chart. I put it together in a short amount of time as a fun chart.
Комментарий:
Missing right shoulder. False neckline breakdown in my opinion.
Комментарий:
As of today, price has hung in the anxiety zone, with just a slight dip into denial.
Now the anxiety zone seems to be building a bear flag which would send it through denial and into panic mode.
Now the anxiety zone seems to be building a bear flag which would send it through denial and into panic mode.
Комментарий:
We've gone into denial zone. This area needs to hold or people will panic at BTC sub 12k.
Комментарий:
How long does denial hold until people go into panic mode?
Комментарий:
We are in the denial zone. Will this hold or do we see panic next?