One week until the Halving

Just one week is left (more or less) and BTC is going down to $62k since Iran's attack started.

The attack has ended, since they said there will be no more attacks from their side, and Israel said they won't attack either.

But. Did this made BTC fall so much? Almost a 18%.

Well, some economist said this happened because BTC is still not a value reserve, so since the 22th of March many investors are getting into gold, which since then got a 10% up.

We all know how BTC should be the "new Gold" or at least the gold of the cryptos.

But will this will really happen? That is still to see, but for now, let's see the graph.

Now, I fuc**d big time since my last sell point was at $74.4k, price we know it did not happened, and it must reach $73k or so in order to make a Stop Loss with not that much of a "loss".

But why? Well, I really saw a huge volume of "buy" positions, something that the liquidations from yesterday confirmed us of their existence, but I calculated very poorly it's impact.

So I got stuck, again. This time I think very badly, since I'm stuck near the ATH, f**k me.

Now! As I am learning some Elliott Wave (his name is Ralph Nelson Elliott) theory and trading "tips", I am putting them to test, and learning in the process.

So this was my prediction a few days ago, since I was watching a posible Impulse Wave patern of Elliot Wave's with a Termination Channel.

Now is still to see if the bottom line will be broken or BTC will recover, I am hoping for a downfall since I want to get stronger on some position, as investment not as trading.

I'm still learning and don't wanna go down the rabbit hole, not so soon.

So tell me, what do you think it going to happen?

#BTC #economy