Post
Topic
Board Trading Discussion
Re: I am Bullish On Bitcoin Despite Bear market
by
Ratimov
on 23/12/2022, 22:01:55 UTC
Hi guys I am no expert but according to me GUYS, I'm very Bullish for BTC coz, BTC is forming a Falling wedge and its a huge huge Wedge, when it'll break, BTC will pump hard but,
before that understand this Falling Wedge Bottom is nearly 14k$ & in worst case we can see wick to 10 - 12k,
but 14 - 13k is best best best time to BUY buy buy Alts and BTC ⏳ (keep going on your DCA)
& Next Elliot 5th wave will be huge 🔥⏳
I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks.
Here is chart that I am giving technical knowledge.

All these funny stripes and triangles are absolutely irrelevant until there are fundamental signs of an improvement in the market situation. Now is the time that only fundamental analysis can be used as a sane analytics. I remember being fed these stripes and triangles in mid-2022, saying the market was about to explode. But the miracle did not happen, because there are absolutely no fundamental prerequisites for injecting money into bitcoin and did not exist at that time. Liquidity does not appear simply because some kind of technical analysis showed a reversal. Until the situation with binance, FTX, large exchanges is resolved, until the miners finally capitulate, there can be no talk of any bullrun.