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.
I practically do not use technical analysis for the purpose of predicting the change in the price of Bitcoin and other cryptocurrencies.
Instead, for these purposes, I use the methods of fundamental analysis. I also have confidence that the price of Bitcoin is near the local minimum area (this bearish cycle).
I don't presume to predict the moment when the price of Bitcoin will reach $20,000, but I hope that it will be soon. Now the price of Bitcoin is in the accumulation zone.
At the moment, smart and prudent investors are massively buying up the first cryptocurrency.