BTC update 10.12.2021

I am soooo disappointed about the current BTC price action.

The chances of BTC going for a new ATH with the next move up are very low, in my opinion. These weakness patterns should not appear in an impulse wave to new ATHs.
I am expecting a drop to at least 39k, possibly 26k or even 19.4k.
Don't get me wrong, I am super bullish for the end of next year, but in the short term, this sucks ass...
As it looks right now, I will sell 20% of my physical BTC position around 56k. (I have never sold BTC before...)


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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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4 comments

There is no way we are heading to 19k level.
Datadash says that bitcoin will be 200k at the end of 2022.
He is the only youtube that had great calls in the past!

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Why do you think that hitting 19k for a brief second means that we cannot hit 200k by the end of 2022😂? I am not saying that we will, but we could see both, actually in the same year😂.

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If we hit 19k it would mean that we will have a bear market which is very unlikely.

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