BTC is looking super weak on smaller time frames
I did post an idea two days ago for my outlook on bitcoin for the short term.
And it seems that I was on point. Bitcoin is looking very weak on smaller timeframes, with the inability to create higher highs on the impulse uptrend that started two days ago.
Bitcoin will mostly get back to the 25k levels soon, with a big probability of going lower to below 24k through the month of septmeber.
Based on the astrological charts, I would expect bitcoin to take a relief in the last week of september, with no signs of a significant bullish move before mid-October.
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And it seems that I was on point. Bitcoin is looking very weak on smaller timeframes, with the inability to create higher highs on the impulse uptrend that started two days ago.
Bitcoin will mostly get back to the 25k levels soon, with a big probability of going lower to below 24k through the month of septmeber.
Based on the astrological charts, I would expect bitcoin to take a relief in the last week of september, with no signs of a significant bullish move before mid-October.
If you are enjoying my analysis, make sure to follow me. And let me know your feedback.
Comment:
Bitcoin was successful at making a higher high, but that short-term uptrend is still looking weak.
Comment:
Today's update: Bitcoin still looking weak. The weakness is starting to show more on the 1h, and a little bit on the 4h
Comment:
Today's Update: Bitcoin pumped up against our direction, which I am explaining here how to fix this trade: www.tradingview.com/streams/S2x5qLfRM-/
