April 25, 2024

Bitcoin: I'm out of the woods…. and came in again…)))

Even if we assume that the high of 2021 is 64.5K+, and I am sure that this is not the case, then ales-abnormalities occur…

From 13April 2020 grew for 397 days without serious pullbacks. High April 14, 2021 64.5+.
On April 14, the day when they decided “enough is enough,” the average 397/2 was 47459.
We set aside the same amount from the high, we get 30023. )))
That is, on May 19 we played half of “everything.” 35 days=half. )))
It’s very funny after that to listen to howls about the unprecedented fall on June 22nd. Guys, the cue ball fell by as much as 5% in 34 days!!! )))
Considering that at 1/8 = June 2 the average price “should” have been around 47459, but in fact it was 37.6K, where it “should” have been only six months later, the market “owed” 10K.

In short,
I don’t have time to write for a long time.
I also hope that by the end of the week they will give 36450 and 32700.

I was talking with my friends here, my forecast for 2021 max 71.5+ and 168K+ at the end of the year was considered too pessimistic. ))))

Good trading and good luck.

Regards, V.