#Bitcoin - What's Next? The big Sunday report: all you need to
#Bitcoin - What's Next?
The big Sunday report: all you need to know:
π©TA/LCA/Psychological Analysis: To avoid repeating myself and stating what has been said countless times, such as buying at 16k being a good opportunity (the same opportunity that the market presented a few weeks ago at 58-59k, but only a few listened and bought when the best time arrived to accumulate more during the latest dip). Now, Bitcoin is moving sideways between the 67-70k region, and sooner or later, market makers will decide when to send Bitcoin into the absolute super cycle by letting it break through 74k and higher. The market is super healthy, in my opinion, and there is room for much more in the coming weeks, despite fear and greed is high.
For now, I would watch the MA100 daily region as strong support and a possible region to add more for those who missed out on buying at the latest discount. There is no reason to give you targets of 50k or even lower, as many clowns on Twitter have done over the last few weeks.
While clowns and retail investors have been selling, we have seen one of the most powerful ETF inflows in the last week. Whales have been accumulating with aggressive strength, leaving retail investors behind and allowing them to buy higher once again. This accumulation by whales and big players in the region of 68k tells me one thing: we are building a strong support near the 68k region for the next few years, pointing out that the previous bull market top was also located in the region of 68k. The next big moves would be large pumps above the target of 70k, sending Bitcoin to targets between 84-86k in a matter of a few weeks after breaking out!
Overall, Bitcoin is still moving sideways within a large range. A breakout from this range is imminent and closer than many people think.
The big Sunday report: all you need to know:
π©TA/LCA/Psychological Analysis: To avoid repeating myself and stating what has been said countless times, such as buying at 16k being a good opportunity (the same opportunity that the market presented a few weeks ago at 58-59k, but only a few listened and bought when the best time arrived to accumulate more during the latest dip). Now, Bitcoin is moving sideways between the 67-70k region, and sooner or later, market makers will decide when to send Bitcoin into the absolute super cycle by letting it break through 74k and higher. The market is super healthy, in my opinion, and there is room for much more in the coming weeks, despite fear and greed is high.
For now, I would watch the MA100 daily region as strong support and a possible region to add more for those who missed out on buying at the latest discount. There is no reason to give you targets of 50k or even lower, as many clowns on Twitter have done over the last few weeks.
While clowns and retail investors have been selling, we have seen one of the most powerful ETF inflows in the last week. Whales have been accumulating with aggressive strength, leaving retail investors behind and allowing them to buy higher once again. This accumulation by whales and big players in the region of 68k tells me one thing: we are building a strong support near the 68k region for the next few years, pointing out that the previous bull market top was also located in the region of 68k. The next big moves would be large pumps above the target of 70k, sending Bitcoin to targets between 84-86k in a matter of a few weeks after breaking out!
Overall, Bitcoin is still moving sideways within a large range. A breakout from this range is imminent and closer than many people think.