2023-08-18 16:54:49
BTC - Update [ ]
-Timeframe: 1D-
Yesterday flash crash was what we've been waiting for!
Money printer was on and expecting it to be this and next month for bears
Ascending broadening wedge broke bearish and first support we found was exactly 25.2k, but i doubt it holds and we'll most likely go lower towards 18-21k and to fill CME gaps in between.
Many exchanges had slippage in price with the BTC price ranging from 23k up to 25k.
I think we could range between 26k and 28.8k before further drop towards low 20s, there we could see potential BTC bottom and start of the sideways and base for the next bull run thats will be coming 2024-2025.
Expecting all my alts orders to be filled for long term and that would be it for me and this bear market.
Overall Return on investment of my portfolio since bull market of 2020 and this bear market was more than 200x.
We are just beginning and we'll be fully ready for the next bull together
If we bottom at 18-21k it will be perfect base for the start of the next bull run, followed with BTC halving and SPOT ETF approval, these flash crashes before every bull are shakeouts made for big players to load up.
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