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Bitcoin: Earlier we wrote about the price decline
Our main bet was that the price of bitcoin should have dropped sharply in the near future. We wrote about this back in early August.
In general, we also had a backup plan, which implied continued growth after confirmation of conditions.
At the moment, we believe that a downward short-term cycle has begun, which may subsequently lead to a decline in prices to the level of 8500 and below.
Locally, we recommend looking for patterns of decline confirmation in the form of zigzags, triangles, and planes.
Good luck to all!
In general, we also had a backup plan, which implied continued growth after confirmation of conditions.
At the moment, we believe that a downward short-term cycle has begun, which may subsequently lead to a decline in prices to the level of 8500 and below.
Locally, we recommend looking for patterns of decline confirmation in the form of zigzags, triangles, and planes.
Good luck to all!
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