Bitcoin Bear Market Drop
Basic Chart Details:
- Use the 50 MA
- Use the 200 MA
- Use 3 Day Chart BTC
- Fibs are confirmation of bearish trend hitting targets.
Theory
- This is a bold call. I predict the collapse of the market coming once the 3 day MA's get closer.
- Exact same scenrio happend in 2018. I hope to wrong.
- Counter arguement would be that we go on rally from this point and the MA's never meet an pump to ath.
- 75% Bearish odds to 25% bullish odds
- Not to mention. Most stock index's have already had this play out.
- Use the 50 MA
- Use the 200 MA
- Use 3 Day Chart BTC
- Fibs are confirmation of bearish trend hitting targets.
Theory
- This is a bold call. I predict the collapse of the market coming once the 3 day MA's get closer.
- Exact same scenrio happend in 2018. I hope to wrong.
- Counter arguement would be that we go on rally from this point and the MA's never meet an pump to ath.
- 75% Bearish odds to 25% bullish odds
- Not to mention. Most stock index's have already had this play out.
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