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Bitcoin long term


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#31 wxman

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Posted 28 October 2019 - 11:33 AM

If true...would be very powerful move up afterward



#32 CLK

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Posted 28 October 2019 - 11:46 AM

https://onlinebroker...ng-corrections/



#33 CLK

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Posted 28 October 2019 - 11:49 AM

If true...would be very powerful move up afterward

 

 

As with most markets, secular bull trends last about 20 years, Bitcoin is half way, I expect 750k for the wave 3 top, wave 4 will last longer than wave 2, but wave 5 should hit 5 million. That should send Bitcoin into an 8-10 year bear market from there.


Edited by CLK, 28 October 2019 - 11:52 AM.


#34 CLK

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Posted 23 November 2019 - 05:00 PM

I've changed my forecast, the 50/200 cross and the big failed rally

confirms to me that this is a secular bear market.

I'm looking for a low in the $200-$500 range and a B  wave bounce maybe to 5-8k and ending in 2023 with a flat wave C or higher wave C. I'm short with leverage a small lot and in 1/3 cash and 2/3 BTC in case I am wrong.

 

 

https://invst.ly/orqfd


Edited by CLK, 23 November 2019 - 05:03 PM.