What's going to happen with the halving less than a week away?
It's pretty simple I think.
We are the top of downtrend only days away from a major event.
We have been running up into it.
I think it plays out like this:
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We initially dip, but not a ton.
Then we bust that downtrend and the big one starts.
The only thing I am pondering is how high the big one takes us.
What do you think?
It's gonna be entertaining to watch for sure :)
Do you sell now and try to buy the dip or just ride it out?
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The thing is everybody seems to be expecting it, so will it be a self fulfilling prophecy?
My personal take on it is that we will see 5ks again before at the end of the year we will break up again and breach the big resistance at around 8-10k. Next stop is 20k :)
Looking like we are breaking some resistance right now. 10k almost hit.
11-12k is very possible. But I still think we will see a dip in the next months to the 5ks again.
That is more than a dip. That is a greater than 50% tank.
yeah 😅 I definitely might be wrong on this, but my bet is that the true and sustainable rally will start at the end of this year