BTC from 11k to 200k technical analysis

What do you think about this analysis?

https://www.tradingview.com/chart/BTCUSD/mcajtnP3-BITCOIN-The-Blueprint-to-the-next-Cycle-Top/

11k to 4k

novaaccs said:

11k to 4k

Click to expand...

more like this

N1ckG2 said:

What do you think about this analysis?

https://www.tradingview.com/chart/BTCUSD/mcajtnP3-BITCOIN-The-Blueprint-to-the-next-Cycle-Top/

Click to expand...

So no offence, but your technical analysis is weird. I don't even know how this can be understandable and taken seriously. Anyway.

We may see 11k, maybe lower based on current economic events. Denying that would be brainless, even more, when you see:
- ENERGY CRISIS
-A "beginning" of recession
-War between top-tier countries - No offence to my friends in Africa, but it's the economic term
-The eurozone is collapsing ( France is 15x more in debt than Greece during the greek collapse a few years ago / Germany is the same)
-Revolt in the orient, for most of them Human rights are leading to possible civil war. (which is beautiful for the future of Africa. In my humble opinion )

What I'm expecting is Bitcoin's new low around 17K (maybe lower, we don't know, but it's still a good buy zone)
Then Up, we may see the uptrend breaking the top, but that's not what I expect.




I'm expecting the Yuan ( Chinese Money to take the lead ( Like in Mr Robots ))
Thanks for reading my message, which is simply my opinion. Don't take anything seriously; I'm not a pro, just doing good with trading.

korosho said:

So no offence, but your technical analysis is weird. I don't even know how this can be understandable and taken seriously. Anyway.

We may see 11k, maybe lower based on current economic events. Denying that would be brainless, even more, when you see:
- ENERGY CRISIS
-A "beginning" of recession
-War between top-tier countries - No offence to my friends in Africa, but it's the economic term
-The eurozone is collapsing ( France is 15x more in debt than Greece during the greek collapse a few years ago / Germany is the same)
-Revolt in the orient, for most of them Human rights are leading to possible civil war. (which is beautiful for the future of Africa. In my humble opinion )

What I'm expecting is Bitcoin's new low around 17K (maybe lower, we don't know, but it's still a good buy zone)
Then Up, we may see the uptrend breaking the top, but that's not what I expect.

I'm expecting the Yuan ( Chinese Money to take the lead ( Like in Mr Robots ))
Thanks for reading my message, which is simply my opinion. Don't take anything seriously; I'm not a pro, just doing good with trading.

Click to expand...

We will see after winter how this is will be, if everything OK my prediction for the summer 50k BTC.

novaaccs said:

11k to 4k

Click to expand...

That's the same if it would go to 200k in the end.

I believe in long term. I don't care about short term.

I would start buying slowly now and just hold.

Kenobii said:

That's the same if it would go to 200k in the end.

I believe in long term. I don't care about short term.

I would start buying slowly now and just hold.

Click to expand...

good luck

pauliakas said:

for the summer 50k BTC.

Click to expand...

Wow, that would be a dream...

terrycody said:

Wow, that would be a dream...

Click to expand...

There is no reason why not.
The main idea of crypto payments still exist and still solves problems, so...

Bitcoin will hit $200k eventually, probably after 2-4 years.

In the long run, I think this can happen. But not this year or next year.

Spring time is the time to start buying everything. And Im not just talking crypto. Real estate, gold, everything. Ready to add to my positions. Slowly adding blue chip stocks, many are 50% off the high.

The reality is, and I've been saying this for a long time, crypto IS NOT A HEDGE against the market. It's an asset. That is all. It's going to move with the market cycles.

Think about why crypto popped like it did in the first place. Economy was good, and when it wasn't good people were getting free money from their governments during the pandemic. Markets became very liquid due to this. That is over. What do you think will happen as liquidity decreases? People will sell.

The only real investment there is, is real estate. And as with any investment, you have to be smart there as well.

I'm diversified, but 90% of my portfolio is real estate. I mean thats partly due to my stock and crypto portfolio being in the dirt right now, but real estate will never lose unless you make stupid decisions.