Long position entry anywhere near 26k. Tight stop loss , trying to a catch a quick 3.5%.
Fib is making it look easy. I think this is a manipulative pump, after this a reversal is coming.
Based on fibonacci sequence and trendlines it shows that btc could reach at 10800$ region in 2024 just before the halving and in August 2024 where the cross is located it indicates that from that moment btc could get its volume back and start rallying to the upside.
I think btc will start going down and tap that 20k region , after that a little push to the upside at around 22k before going down and tapping that 15k region.
Another crash at 800$ region , and then i think ether will hit 10k and 12k region. All of this to occur in a span of 18 months.
In next 10 hours this could turn the tables and make that monthly candle closure green. I still think we will get that 30k level back again.
One more push to the upside at 32k region and then btc re-enters its bear market for another 6 months period. Looking for a long position at these levels. On weekly perspective i see a 3 black crows and 3 white soldiers pattern .This tells us that btc can reach at 32k in next 3 weeks. After this i am going to enter a short position and catch a 50% drop.
I expect DXY to reach at 114 form a double top , and then start reversing to the downside . By the time this occurs gold ,bitcoin and many other assets will plummet . Then starting from 2024 gold will take the lead and after that bitcoin is going to reach all times high in october-november 2024.
Starting from june i think Bitcoin will start going down , and will drag market cap to the downside. Until february 2024 i think market cap of crypto is going to tap in to that 175 billion region. Things are not looking good for bitcoin right now , i think bitcoin is going to revisit 30k level and then start plummeting to the downside .
Long position from 27500$ region Since everyone is scared that btc is going down , i think now it is the right time for a long position . 40k before june .
Target 40k , but short term 33k until 27th of april. Fin is making it look easy , strong and long.
I think 28k will hold and btc starts pumping Next is 40k and no one can stop it.
Target :25k Stop loss just above that wick , might see a spike at that region and then quick dump.
If you dont buy now , when are you willing to buy. This is the best opportunity to execute buy orders . I think btc will restart its journey to 40k from this region. Starting from may we will see btc at 40k levels .
Btc dominance looks good for a retracement, i expect alts start rallying for the second round , it is going to be a good year , btc pumps alts bleed , btc stuck in a range ,dominance drops ,alts start having fun.
Waiting for 25k resistance to get hit , and then i will see for a good entry around 25k or 26k ,wide stop loss since i am trying to catch a 15% drop .
This is what i use when market is bullish.Fibonacci tells us everything , stron support at 21200-21300$ If that breaks we head into 20k where there is a cme gap. For now this is my bias. Lets wait.
Its been a long time since i've checked a btc chart , there was no need to update anything , btc is doing its thing and the trend is up.I think 25k will be hit sooner than people think. Until 23rd of february i expect a choppy price action , after that btc will start its show again .