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RE: LeoThread 2023-08-18 11:34

1/🧵A Possible scenario

Forget about #bitcoin "All time high" in crypto this year since it ain't not happening but what I see is "$31.6k" will remain ATH of this year.

Now rest of year we'll chop - liquidate longs, short.

#threadstorm

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Move sideways and slowly bleeds towards $18k-20k.

I don't think we'll see 2022 ATL again at $16.6k range.

SEC will delay things and as long as retailers have hope that it's the bottom and keep buying bags..

I am expecting 24k currently. After that, I will think about another target later. Let's see the show.

that's a good range imo!

it could bleed and than when everyone are sure enough "oh man, I'm done with this" going to touch grass and avoid all these stress looking at market everyday.

That's when we'll see a breakout.. I'm sure many of us will be completely left sidelines and that's gonna be relief rally 2.0.

orrrrrrrr not at all. no real new ATH, but a re-bounce to 31k$ first and then a little runner up to let's say 35k or lower 40k$ before a massive dump towards the final prep work for BTC halving and all that will come afterwards 😉

i hope so.. but after seeing $28-31k ranges... it tried to break that couple of time but failed badly.

Now anything under $28k looks like we just gonna slowly dump and stay in these ranges rest of year.

perhaps, time will tell. not always miss time is good to us, but I urged her to be a rock for us this time around