Crypto Crash coming..... ? ( op jan 5 btc 43k)

Discussion in 'Crypto Assets' started by KCalhoun, Jan 5, 2022.

  1. KCalhoun

    KCalhoun

    They likes this.


    • My numbers posted Dec 29,2021 in another thread are very close to yours.
    • Support at $$43,208.
    • Next support at $31,000.

     
    KCalhoun likes this.
  2. maxinger

    maxinger

    we can draw a descending channel starting at Nov 2021.

    however, this is no mother-of-all-Tulipmania
     
  3. They

    They

    I know you like music so I've selected a classic to represent my response to your post.

     
  4. fan27

    fan27

    @KCalhoun has never seen a bull market he did not want to short ;)
     
    They, johnarb and KCalhoun like this.
  5. Always two sides of the coin but:

    Check out BITO Monthly chart for a different perspective on Crypto from those who didn't buy in toward the lower end. $44.29 high, closed at $27.64 today.

    Point is even if some people feel super confident about it and have a lot lower entries, the people above them can still be feeling the squeeze, which can take crypto lower than some of the bulls might think, at least temporarily if nothing else.

    I am looking at 35280 seems like decent probability, if we lose that I think it's anyone's guess, but if the market starts to tumble as well as losing 35280, Than 23000 even 17485 could happen very quickly.

    Just what I see from a technical perspective and would catch a lot of people off guard, general sentiment that I see if still way more bullish than bearish.


    EDIT: 12855 - 15160 is where I would potentially be interested, currently I have no long or short skin in the game.
     
    Tokenz and johnarb like this.
  6. lwlee

    lwlee

    Crypto prices will follow stock prices. Currently not looking good for equities.
     
    johnarb likes this.
  7. KCalhoun

    KCalhoun

  8. Pekelo

    Pekelo

    Father?
     
  9. yes ...coming
     
    #10     Jan 6, 2022