Let's see how it goes. Based on fibs and Elliot this is one possible scenario. Obviously timescale may vary, but if the bull run is over, this is how it could go.
If we reach a new ATH in a month or two, then we'll see 5th wave of the previous cycle and all poor chumps can have their exits. However it doesn't seem very likely as the latest patch of participants were newbies who seem to be interested in riskier cryptos than BTC.
COVID-:( resulted in this cycle being relatively small (1500%-2000%), hopefully the next one will be a moonshot :) Till then, use your worth to make the world a better place and see ya'll around.
If we reach a new ATH in a month or two, then we'll see 5th wave of the previous cycle and all poor chumps can have their exits. However it doesn't seem very likely as the latest patch of participants were newbies who seem to be interested in riskier cryptos than BTC.
COVID-:( resulted in this cycle being relatively small (1500%-2000%), hopefully the next one will be a moonshot :) Till then, use your worth to make the world a better place and see ya'll around.
Note
So far so good!Note
Peaked.Trade closed manually
Bulls broke out.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.