Mulai
Bitcoin Liquid Index

Is Bitcoin, Home Depot??! Bearish Case for BTC.

Oleh mongo1337
Diupdate
Found this 5-wave EW setup that makes BTC look very similar to HD's chart of the past. Bearish $1-2k case.
Catatan
Crypto Twitter and overall sentiment seems to be abnormally bullish. Especially when price continues to make lower highs and lower lows.
Catatan
Both have are on the 11th down candle from their respective peaks.

Reasoning for HD being on 3 month and BTC on 1 month: Crypto trades 24/7, roughly 3 times faster than stocks... :D

If it follows similarly, should put BTC at $1700 by October 2020.
Chart PatternsTechnical IndicatorsTrend Analysis
mongo1337

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.