An Analysis of potential profit based on Yearly Pivot levels for the Crypto market

BTC/USD Weekly chart with Yearly Pivots plotted
BTC/USD Weekly Chart With Yearly Pivots

Great, so what about that title with the potential profits for this year?

Now that we understand that pivots allow us an easy way to calculate bullish or bearish targets for the year, we have to also understand that not all targets are created equally.

Back to the here and now and what it might promise

After doing the hard manual work, these are some interesting Targets and returns you can hope to expect in the Year 2021 based on floor Pivots. Remember this is NOT a trading advice and the ability to look into the future is not something I posses. This system promises nothing. But IF you believe in the magic of Pivots you might want to build your portfolio with a reasonable mix of a higher upside probability on certain Crypto assets.

  • All values are approximate not absolute
Crypto Assets Upside to R1 & R5

What does this all mean?

Mostly nothing, but we can learn a few things.

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Pivots Trader, Analyst, Economist, Monetaryst A true adorer of life, and if I can't reach as high as the face of it, I plant my kiss somewhere lower down.