The last bullish scenario I can find is this. If it does not follow this path, I think BTC will drop to a new low close to my 2,500$ target for the bearish case.
Don't be mad that BTC might drop hard, don't be mad that your blogging payouts are going to shrink even more. It is part of the game. Without those annoying periods of FUD, there can't be new alltime-highs.
But once the sentiment turns, it will be all worth it, believe me.
Remember when BTC was between 15,000$ and 20,000$ and rising fast? I had my best post reward me with 300$ (worth 1200$ in USD terms) which was totally insane !!!
Now imagine this x2 when BTC is finally in a stable uptrend again and on its way to 40,000$... stay humble.
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
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