Nutty_Trader

What If? There Is A Possibility

KUCOIN:BTCUSDT   Bitcoin / Tether
We are set up almost exactly like the flash crash we had in March of 2020. If we retested the previous cycles all time high of 20k we could still still consider the move the C wave of wave 4. It kind of would make sense for the big players. There isnt enough volume or confidence in the overall market, and we wont continue this sideways chop forever. We need a deep correction to end the 4th wave. Buying demand would also be huge at the 20k level and we would likely bounce hard from there. Even though this may be far fetched, I think it has a real chance of playing out. Let me know what you guys think.

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