Bitcoin in 2021
Here I take two previous, patterned moves from 2017 and fit to current structure (fractal around June 2017). This gives me the ability to approximate its growth or decline over the next year. I then use these two situations to plot a general trajectory (dotted line). Finally, I estimate the curve for the 21 week moving average.
I foresee the possibility of a drop down between the 50 day and 100 day moving average on the daily time chart. My target buy region is between 30K and 26K.
I foresee the possibility of a drop down between the 50 day and 100 day moving average on the daily time chart. My target buy region is between 30K and 26K.
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