Everyone is bearish and rightfully so but what if.
If we use the CME chart the lows have already been swept. The markets are all nuking but what if this is the bottom. Wyckoff analysis. Please show me where its not possible if so because I am not a Wyckoff guy but it just seems we are about to enter a stage of disbullief in all markets at least until the end of november. Other areas of confluence imo are that elections are only a little over a month away. Btc doesnt have to go up that much to print a doji on the monthly. We are also printing a bullish divergance on the rsi. I will consider this invalidated if we break 18k for anything more than a quick stop run.
target 40-50k. we will see when we get there.
i will show targets based on next chart
If we use the CME chart the lows have already been swept. The markets are all nuking but what if this is the bottom. Wyckoff analysis. Please show me where its not possible if so because I am not a Wyckoff guy but it just seems we are about to enter a stage of disbullief in all markets at least until the end of november. Other areas of confluence imo are that elections are only a little over a month away. Btc doesnt have to go up that much to print a doji on the monthly. We are also printing a bullish divergance on the rsi. I will consider this invalidated if we break 18k for anything more than a quick stop run.
target 40-50k. we will see when we get there.
i will show targets based on next chart
