Buy the Dip - 30% BTC Correction
PLEASE CHECK ADDED 2017 PICTURES IN COMMENTS
In the 2017/18 Bulltrend BTC tended to dip between -30-40% several times
As we see one bigger correction started at ~2x ATH and was at -38%
Since 2019 it seems to have changed to 20-30%.
-20% would mean we correct to 33k.
-30% would mean we correct to 29k.
I believe that this could be the dip-metric for this bullrun, because, as gains getting smaller, so will dips.
If we would get deeper, i think -40% (~25`000) would be the limit.
In the 2017/18 Bulltrend BTC tended to dip between -30-40% several times
As we see one bigger correction started at ~2x ATH and was at -38%
Since 2019 it seems to have changed to 20-30%.
-20% would mean we correct to 33k.
-30% would mean we correct to 29k.
I believe that this could be the dip-metric for this bullrun, because, as gains getting smaller, so will dips.
If we would get deeper, i think -40% (~25`000) would be the limit.
Nota
Nota
Trade ativo
If valid, we could be at halftime already. Some more squeezing ahead. Also possible that RSI go down much deeper (if correction lasts 2-3 months) , which could boost 60k.Nota
I guess that the correction could be much shorter than expected, like already happened at my 18k analysis.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.