Latest Bitcoin Analysis - 95500-99500 Range Fluctuation
Predicting Bitcoin is like predicting the weather - except that the weather is less often wrong! '"
Williams' Bitcoin Weather Forecast:
Straight lines belong to humans, curves belong to God
Yesterday we accurately predicted the life-and-death battle between long and short positions of Bitcoin in the 92,000-94,000 range.
Helplessly, I failed
But in trading, winning and losing are normal things.
We made the right analysis and paid a reasonable price for our mistakes.
I also hope that everyone can make a good trading plan, always prepare for the worst, and have the strength to start over.
As shown in the figure:
Triangle ABD represents the rising period
Triangle BCD represents the falling period
They form similar triangles, which also represent the beginning and end of a trend. This is why a new round of market conditions will inevitably break out at 92,000-94,000.
We continue to observe and come to a conclusion:
A period of benign rise and fall is bound to be accompanied by a period of shock adjustment, which I call the incubation period, just like a pregnant woman has to go through ten months of pregnancy before she can give birth to a healthy baby.
Then the next trend of Bitcoin is about to enter the incubation period: 9550 Fluctuation in the range of 0-99500
The meaning of F1: The consequence of a direct sprint is that it will definitely not reach the high point. Near 102000 will become the highest point of this sprint because of insufficient time for shock adjustment.
The meaning of F2: The sprint after sufficient shock adjustment is full of power. I think it will reach a new high near 108000 again.
The meaning of F3: After another adjustment, the accumulation of kinetic energy fails, and high-level profit-taking will evolve into an unprecedented plunge. Expected 1: 92000-Expected 2: 8 6000
How to operate Bitcoin next
I think you can refer to the fluctuations in the incubation period: 95500-99500 range
Long-term ideas:
BUY: 96000-97000
SL: 95500
TP1: 99500
TP2: 10200
TP3: 10800
For specific operations, please continue to pay attention to my subsequent reports
If you also agree with my analysis, you can leave me a message in the comment area, I will answer your questions one by one, thank you for your support