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Technical analysis by tolgab0z about Symbol BTC on 11/19/2021

https://sahmeto.com/message/3334347
tolgab0z
tolgab0z
Rank: 6580
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I think BTC's last week's movement has proved that this Cycle will be Lengthenng (extended) Cycle. Apparently 2017 Cycle will not happen in the same way. It seems to happen with a few months prolonged version. If it would be the same, it shouldn't have been around in November. According to the prolonged Cycle model, the rally can continue until 2022 summer. My expectation has changed, but my price expectation is the same, I still think the peak level will be around 150-200K. Considering all this, let me be on a prediction, I think it will not be over 68k before the end of the range, it can walk around 65k - 44k. There has been a serious audience that has long been planning to leave the market in December. I think they will not start the show without taking their hands. Risk management is a must when such relatively unexpected things happen.

Translated from: Turkish
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$58,119.58
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