Community post
BITCOIN Future prediction
No matter if some people want to accept it or not, the Bitcoin chart follows that of nasdaq.
As you can easily see in the MACD and RSI he has followed him for a long time, so why should it not happen for the rest of the time?
So you have to be careful. If we break the 'trendline' up, it's a bull trap. So we will experience another dip, which will not be the last wave. Just as in the 4th wave at nasdaq, it will be a triangle formation that leads to the 5th wave.
This will be the end of the bear market.
It may also be that we get the 5th wave without breaking the trend line , which is unlikely. But one thing is certain, the ABC correction is not over yet and it WILL go down one more time.
Replies (4)
Oh well, at least its An oppertunity to buy cheap.. fastens his seatbelt for another ride down
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