Hi dear community and my lovely followers. I would like to add another analysis which add more confluence to my previous analyses that BTC is preparing for another huge jump.
As you see I Have drown BTC wickoff accumulation model 2022-2023 which shows that BTC hasn't only bottomed out but also has finished its main accumulation phase/A,B,C,D/ and now it is in a phase E /both profit-taking and acquisition of additional shares (“re-accumulation”) by Smart money/. In phase E can be small shakouts which we show at the moment, stay level headed, keep patience as BTC is preparing for Mark up to 35-37K.
As I published in my previous analyses, I expect BTC to pump from 26K zone and think BTC has bottomed testing 200 weekly MA and 100 daily MA, but the worst case scenario could be test of previous support zone at 24.2-25K where Smart money will add their bags before new highs.
I don't expect lower prices specially after taking out huge amount liquidity below 27K and 26.5k. BTW taking into account some bearish chart patterns/like H&S, rising wedge breakdown/ 99% expect 25K and even lower prices, as a contrarian trader I always go against the herd and expect bounce from this zone/although I have plan for both scenarios/.
Don't forget to check my previous analyses/below this one/ where I shows you what are other factors which force me to expect higher prices. Don't be shake out, BTC will surprice everyone. I will also add more charts below this one, where you can find very interesting views.
Don't forget to follow, like, comment, retweet. I will appreciate any kind of support. Have a good day , I wish you good trades.
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I bet against the whole crypto world that #BTC bottom at 25.3-25.7K.
@MVPMC thanks a lot brother , I hope you checked all updated charts below this analysis.
mulaudzimpho
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Very clear n matured
Kevin.C
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This is basically what my firm is looking at on btc too, great job <3 (sry for trolling we shill during accumulation phase xD)
SwallowPremium
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Thank you so much, this does make a lot of sense!
Wakandian
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Wow
ergal91
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@Wakandian, Thanks bro, look at all updatred charts below this analysis and folow please for further updates. Thanks in advance.
simpsonepic1a
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Just keep buying alts and btc on every drop as its only going up..I have seen alts hit targets from last bull market 3 years ago that where major resistance and now they are major supports..cant loos if you buy and hold from here to 50k.
geekpe
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perma-bull ideas.. usuallly when moonboys think this could go up this go down ....20k rlow ange for me....
ergal91
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@geekpe Brotha, I'm not a moon boy))). I told everyone to short when BTC was in 48-52K and I told we'll drop to 18-19K)))