Mock Up Price Action for BTC for the Next Couple of Months

Mock Up Price Action for BTC for the Next Couple of Months

Comment:

Zoomed in shorter timeframe, Looks like BTC having fallen through the support trendline, has now just bounced back to it and likely to be rejected, dipping further.

Comment:

Too early to say definitively, but my greedy side, gut, tells me we've just re-entered the ascending wedge and we're bout to be bullish sooner than expected.

Comment:

Yeah sooooo. Instincts and greed told me to buy in to all the things I wanted to buy into. (Within Reason of course). With a more rational mind I'd like to talk out loud and justify what potentially could have been a rookie mistake buying in just to have my lunch eaten. When BTC fell through the major trendline support of the ascending wedge, that was EVERYONE's signal that market was about to correct and eat shit for a few days. It then stayed there for 3-4 hours, looking like it was about to fall off the edge of the world and things were going to go to shit. Long enough time for people who didn't reduce their exposure before, to sell off shave down longs, and then the maniacs out there to even open up shorts. I think that was the intentional play price manipulation by institutional investors / whales. I think we're going to maintain this re-entry into the ascending wedge, start trading upwards, and eventually (probably morning at 7-9am, or afternoon 3-5pm), we're going to see a massive BTC impulse up and the beginnings of the bear trap short squeeze and short stop loss cascading liquidations.

I'm super heavy LONG on XRPUSDT. Medium heavy LONG on CSPRUSDT. Speculative ETF 3XL leveraged tokens LONG on FTM3L and GALA3L.