Bitcoin Trading Diaries 2024 0320 - Deadcat From Today? Rebound?

 The adjustment came steeper than I thought.


It's beyond Bitcoin's thoughts, but.. 


I think there has been some adjustment. 


It's not about anticipating the end of the adjustment, but about the time to rest.




Being near the long-lost resistance line 


Looking at the chart, can't the rebound start today? 


I'll carefully anticipate it. 




It can rebound properly and fly into the sky through the highs and lows. 


The biggest reason for this prediction is the movement of Ethereum and altcoins. 


Most of the time, after the beat is gone, the rest of the friends move. 


I don't have to go through all the highs like beat yet


The movement is too slight. 


Beat finishes off the first wave of this one, and months of adjustment


There are also expectations that the three waves will start again. 


This is because it always showed such a pattern when it was near half-life. 


So this time around the half-life, the adjustment starts


Many people say that they will start running again when autumn and winter comes. 


I think such a possibility is quite high as well. 




So even if today's rebound starts tomorrow as I expected


That means we have to keep an eye on whether it's a dead-cat bounce or really a rebound. 


I'm going to try again near 70,000 


I think there will be a win there. 


If it starts falling again there, the correction will get longer or deeper


If you go through 70000 strongly, it will be another time to run. 


If you look at the shape of the chart now, it can also be seen as 1-4-1. 


If that's the case, now there's a rebound, then there's another drop, 


And then there's a 1-5 increase that goes up to about $100,000 


There is a possibility of a proper 2 adjustment. 


If you are in a position to draw a chart arbitrarily, the procedure will be the prettiest picture. 


And that 2 adjustment will be back to around 60000 to 70000 today. 


And you can finish this Buddhist dance by reaching 3 waves up to about 200,000 and finally reaching about 300,000. 


This is just one scenario. 


It's just a scenario that can come out prettiest when you draw a picture. 


In this case, Ethereum also exceeded its previous high 


Major-class altcoins can also enter into adjustment after some performance. 






If the adjustment comes out, I think it will take about three months. 


I'm not sure if it'll come now or if it'll start in May after spring


Maybe it's because of my hope, the adjustment starts in May


Now, I'm putting weight on the side that I think I'll run a little more. 






The main reason for the recent decline is also said to be its GBTC volume. 


It's not that the friends have spring water that doesn't dry out. 


It's all dry up soon, so there's no more coins to throw. 


Unless there's a problem with momentum in particular


I hope you will run again after a steep but short adjustment. 






However, even if the rebound comes out today and tomorrow, we have to keep an eye on whether it's a deadcat. 






Good luck to all traders in the world!


I hope you all make a successful investment. 


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