Every bear market $BTC tests the CVDD price and it acts as the ultimate support (bear market bottom)
That’s how I managed to perfectly catch the bear market bottom in 2022 🎖️
👉 Currently CVDD is at $47k - exactly where I have my next $BTC target (1.618 Fib & Aug ’24 Low)
And I think this year $BTC will break below the CVDD price for the first time in history, just like #BTC broke below the 200-Week MA for the first time in history in 2022
Since historically there were never lows in Q1, Q2 or Q3
I expect the market to go lower, with an 80% chance that the low will happen in October this year
Here are the prices at which I will put limit orders to start accumulating:
BTC - $58k (200-day MA)
ETH - $1700 (multi-cycle support level)
SOL - $48/$29 (first support levels, will keep bleeding against BTC)
HYPE - $15 (pump against BTC is over, time to go lower)
SUI - $0.39 (looking for a low, which is the biggest support)
These are just starting targets, I think BTC will definitely go lower than the 200 MA, same as in 2022
DYOR, no financial advice
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