If true...would be very powerful move up afterward
Bitcoin long term
Started by
CLK
, Aug 17 2019 08:50 AM
33 replies to this topic
#32
CLK
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#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.
Edited by CLK, 23 November 2019 - 05:03 PM.
