Hey hey dear community and my lovely followers. This is my last warning not missing such kind of life-changing opportunity. Definitely BTC is going to melt faces. Don't be surprised if it starts its rally)). All bears who are waiting for lower prices will be fucked and start buying BTC above 48K.
I'm looking at weekly timeframe and would like to bring your attention to some important facts. 1. BTC has broken weekly falling wedge and has retested it./ It will be confirmed when BTC pumps above 21.5-22K. 2. There are multiple bullish divergences in multiple timeframes on many indicators. 3. BTC tested previous ATH/a little bit lower/ and 0.786 fib level counting from previous bear market bottom/swing low/ to 2021 top/swing high/. 4. BTC holds the main diagonal support from previous bear market bottom to the current price in log charts. 5. Selling pressure and volume is decreasing/on the chart you can see same spread bearish bars but less selling volume. Even 2d bearish bar spread bigger with smaller selling volume. The same happened in a previous bear markets. 6. First indicator has made higher low which means positive accumulation, huge money flow into BTC and trend reversal. 7. Second indicator has broken the main diagonal trendline resistance with retest like RSI has made & at the same time has formed bullish divergence. I explained why I didn't count 2021 November point coz it was a fake breakout/bull trap/.
As you follow me, you know since June 2022 I published a lot analyses which proves that the real BTC bottom was at 17.5K in June. I haven't changed even my ideas after the recent dump coz I think it is a fake breakdown / bear trap/ with double bottom like November 2021 top, which was fake breakout/bull trap/ with double top. If you check the related links bellow you will find all my analyses.
If you like my ideas, don't forget and follow me please. I will appreciate any single follow, like and comment. Thanks in advance.
@tl27, you will laugh when you miss the opportunity for buying
trader-123456
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Hi, there is a good chance that it is close to the point before the next correction. Yes, you are right that it could possibly get away from the bears a bit. But I still think it's better to stay on the side of the bears for now. Bears have a big advantage, if they get away with it, they wait for a safer entry or simply don't buy it. I don't mind if it rises without me, but I do mind if it falls with me.