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    Home»Technical analysis»Bitcoin – Last chance to buy under 20k!
    Technical analysis

    Bitcoin – Last chance to buy under 20k!

    By TolbertiOctober 25, 2022No Comments
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    Bitcoin on the daily chart
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    • This is your last chance to buy Bitcoin below 20,000 USDT before it explodes to new all-time highs!
    • An inverse head and shoulders pattern is currently breaking out! The price is above the neckline, and you could wake up to a massive green dildo on the chart any day now.
    • Don’t forget that November is the second strongest month for Bitcoin , with an average return of +21%.
    • The Elliott Wave is currently extremely bullish because we have completed an ABC correction for a previous impulsive wave and now we are preparing for a third impulse wave, which is usually the strongest.
    • The next stop is 30,600 USDT, which is a reasonable resistance. It is the head and shoulders measurement target + the previous symmetrical triangle point of control (POC). I expect a temporary downtrend from this level.
    • Inflation is on the way to 0% in a few years, as per my previous analysis, which you must check out in the related ideas down below!
    • We can hit a new all-time high next year. It’s definitely a possible scenario, so you don’t want to miss this upcoming huge move.
    • https://www.tradingview.com/chart/BTCUSDT/F7bDKCkZ-Bitcoin-Last-chance-to-buy-under-20k/
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    Professional trader and analyst. My specialization is in Elliott Wave Theory, Fibonacci tools, chart patterns, candlesticks, and price action. To analyze market structure, I use market profile and volume profile in my trading system. To analyze trends, I use trendlines, VWAP, and simple moving averages.

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