ethmike

Bitcoin Elliot Wave Count

Largo
ethmike Actualizado   
CME_DL:BTC1!   Futuros de bitcoin del CME
  • Pump for Bitcoin Spot ETF and Havling in Fall 2023.
  • Top around March/April 2024.
  • Failed Halving Pump.
  • Bad economic climate in 2024.
  • Liquidity Event.
  • Recession in Fall 2024.
  • Crash to sub 10K.
  • Bottom sometime in Fall 2025.
Comentarios:
Trade still in play
Operación activa:
Now it's time to short pumps.
Operación activa:
I'm no permabull or permabear.

Sold everything on March 14 including my long term HODL positions.

Going forward I'm bearish: Cryptos and Stocks. Right now I only have my trading account looking for SHORT setups.

My thesis is a recession is coming Q2 2024 and I rather be early.
Operación activa:
Study:
3 peaks and a Domed House pattern. The domed house is definetely definitely for Bitcoin on the daily candle.
Operación activa:
The Domed house looks like it got formed on the April 30 dump.

This means going forward it's DOWN ONLY.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.