https://www.tradingview.com/chart/BTCUSD/fdl6Eyfu-BTC-Prediction-600-Days/
So we'll know deep inside, that we've to taste 3 digits again, correct ? you know it deep deep inside but you're in great denial.
Speaking of "Accurate Predictions"..
Weather we like it or not, Eugene Fama asserts with the EM hypothesis that we can die trying to predict that, and that no matter how many days, months or years we stared at the screen looking at charts, and no matter how many lines we squeeze into our charts, no matter how many followers we got on social media, it won't help trying effortlessly to try make people believe our predictions are risk-adjusted. And that even after he passes away he will stare at our desperate souls with a very humiliating giggle.
So disregarding the EMH, I'll try like everyone else here to defy that Nobel prize he got, look at the EMH in its face and make a prediction, because I can, because I exist and my ego is damn loud.
Looking at charts of lower timeframes is becoming very humiliating as well, with fixed ranges for days and then 10-20% moves in a single minute, we're not looking at an either weak, semi, or strong efficient market, we're looking at nour's market, Satoshi's, his own thing. So we've to zoom out a little bit at the point of not enough data to look at in 1st place. LOL, anyway..
Waiting for the 1st leg of divergence on 1W-2W oscillators don't have a single idea of when is that going to happen, but looking at fib timezones, might happen between 300-600 days which means like 2019, 2020 should also be an extended downtrend
There is the famous 1D divergence that's the last hope of coming out of 3-6k zone however as we saw during the uptrend rally, it can breakdown as usual
Targets:
2400$: 300 days
1200$: 600 days
Why not 0 tomorrow?
1 Word.. Drugs..
Good Luck & Happy Trading