Now that we have all the data for the full month of February I can see two clear outcomes in the sinking ship of bitcoins drop, the consensus is bitcoin will hit 40k-42k and then rise up somewhere above 50k? but before all that here is how I see the sat's playing out on voyager if the earnings announcements to fire up its steam engines. These announcements could change voyagers movements spontaneously so there is no way to really know what's gonna happen.
but by looking at the chart I have put arrows at two key points we may see, if we remain in a more bullish sat scenario we will hit the upper target, if we go into full bear market we will in the near future see the lower target.
I at this point am not convinced we are in a full bear market yet.
but by looking at the chart I have put arrows at two key points we may see, if we remain in a more bullish sat scenario we will hit the upper target, if we go into full bear market we will in the near future see the lower target.
I at this point am not convinced we are in a full bear market yet.
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Looks like it is trying to break out of the descending wedge a bit but with the way the market is being it would surprise me if it did.
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Rejected on the top of the descending wedge, I am thinking we will be seeing 11500 sats in the near future
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Next candle is fighting the top of the wedge again bitcoins attempting a reversal probably temporary.
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We're way out of the wedge now those do ward targets are canceled as of now.
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Woh what is this candle this is a massive upward green candle, there isn't a ton of volume or anything, anyone out there smarter than me understand this? I am not the best charter there is I am pretty armature what did I miss to predict such a huge swing up?