Bitcoin going to hit 3000 Usd as 1st target. 2nd target at 1000

Hello guys,

Analyzing the monthly chart, I have no doubts about the continuation of a movement downward.

After months of a low volatility, I was expecting for a directional movement. As a result, Bitcoin has broken the horizontal support, going to hit my original target at 4500 Usd. Please check out my previous post written in June, when I predicted Bitcoin to reach 4500. At the moment, my view has not changed and consequently I expect Bitcoin to tumble down further.

First target at 3000 USd, where we could to see a strong rebound to move then to the second target at 1000 USd.

Long term trend is bearish. Trends are valid for years; therefore it would be unrealistic to see the Bitcoin going to hit new highs in few months.

Thanks Guys.

See you soon,

Simone