MindPillar Markets prediction accuracy

“This will be an incredible shorting opportunity if this is going to be the formation, right? Our goal here is to detect the fifth wave into resistance, right? Detect that fifth wave of that diagonal.”

“Now, one of my preferred scenarios would be a double zigzag WXY that is unfinished, where we could be seeing that bounce in the next one to two days and get another leg to the downside.”

“It could be looking extremely interesting to get a larger bounce very, very soon, right? Throughout the next one to two days. If the golden pocket is invalidated, that will increase the probabilities, of course, that we could go higher”

“There is a high probability that the price of Bitcoin will fall below $58,000.”

“I can already tell you that this move to the upside from the low of 57.7k is high probability a three-wave corrective structure meaning that in the near future we would expect the lows at 57.7k to be hit at some point.”

“but this would be the great swing selling position I'm watching for to get the biggest crash in a third wave over the next couple of weeks as we enter August, wouldn't you say ? To form that impulsive movement that will take us below the $58,000 level.”

“aware of the price being still very bullish for the rest of July guys just aware of this situation.”

“very aware of the very bullish scenario which we just break out several thousand dollars even getting to the 70k levels okay which we just need to be patient right?”

“overall looking at the movement down from autumn high, it is pretty clear that we do have a five-wave move down throughout autumn high to the low of $60,000, and now this three-wave corrective structure. So this could already be an A-wave in an impulse, a corrective structure in a B-wave, and right now, if we add, you know, the most bullish case scenario, which is a five-wave down with an expanding fifth wave here locally throughout the last few weeks, could this be the C-wave, right? And now we're bottoming out, and then we start pumping here very aggressively in the next coming months. That would be low probability because, you know, your C-wave here would be extremely shallow compared to your A-wave, and usually they are similar in size, or even the C-wave could be slightly longer. So the fact that we have a potential five-wave move down here with an expanding fifth wave would be nice to get a bit of a relief rally, right? Once this wave is finished, get a little bit of a sideways relief rally, and then get the movement to the downside in that third wave, because inside of a C-wave, you want to see a five-wave move down. So we would be considering that this is a wave one of your C-wave. We form that second wave, and then we get the third wave down to then form four, five, and come to the end stages of the bear market, right? This would be the ideal classic A-B-C where we've just formed the wave one of the C-wave. Naturally, this would bring you sub 50k and even sub 40k, right, in the next few months.”

“if Bitcoin comes back to this trend, that could potentially signal a buying opportunity to join the momentum to the upside.”

“$82,494 at the one to one extension, which it looks Bitcoin wants to claim in the coming hours.”

“for the Y wave, it has to form an ABC to the upside. Where that rejection area that I've just highlighted from a resistance perspective is also the minimum target for the C wave here to the upside.”

“this would only be interesting for a new short position if we get to 75k.”

“regardless if we do get above $72,000 is coming back down to get below $60,000 which is the low that was formed on the 6th of February.”

“When you end something in a three-wave structure, regardless of what happens here, there's always a much higher chance that you're going to take out this high again before you take out the low.”

“where we could be seeing that exhaustion in that pre-decent reversal of a few thousand, where I am looking to position myself into a short position.”

“You're looking for the price to really kind of top out in this region at least in the short term.”

“take out the low at 80,500 potentially in the next coming days give or take one to two weeks right we just don't know exactly when it's going to happen but the overall trend is to the downside”

“which gives us a possibility of getting a dead cat bounce scenario, maybe getting to 100k region and then roll over to test the lows again.”

“we're looking for a big recovery to get to 107k plus and even higher right if we are going to get a new bullish structure”

“if we were to roll over here in the next coming days to tackle those lows at 99k, the chances of getting a big reversal are very very high”

“We have the chance here to literally form an impulse with the possibility of getting above $116,000 throughout the next coming days.”

“main target zone for that bounce is going to be the top of the range of the last few days above 104 000 so that's at least a five thousand dollar move up”

“I would say that this is likely going to get to 120 K plus.”

“I am still in swing longs mainly on Ethereum throughout multiple exchanges cuz I do see Ethereum hitting new alltime highs potentially in the next coming weeks.”

“Bitcoin is going to $70,000. We have already entered the 12month bare market.”