BTC Headed for *Major* Cycle Low.
BTC and other "majors" ETH, LTC and BCH all follow cycles I've been working on for months. A major cycle and indeed a *convergence* of cycle lows should occur Mar 23-24, after which BTC can begin very strongly with new upward strength as cycles begin upward climbs.
The purple arc connects easily with previous highs and adds weight to the trajectory I've outlined with the cycles.
Unfortunately, cycles are difficult to time, but I do expect a bounce (due to an influential cycle) before BTC ultimately hits the convergence of
lows and dips.
I expect the dip to be "dramatic", to around 50k, perhaps less, but see it as temporary, and a good opportunity for traders to buy.
Not Trading Advice
The purple arc connects easily with previous highs and adds weight to the trajectory I've outlined with the cycles.
Unfortunately, cycles are difficult to time, but I do expect a bounce (due to an influential cycle) before BTC ultimately hits the convergence of
lows and dips.
I expect the dip to be "dramatic", to around 50k, perhaps less, but see it as temporary, and a good opportunity for traders to buy.
Not Trading Advice
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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.