Midst of global banking crisis, Bitcoin bounced from the monthly support zone (19400 - 20500)
After the bounce, we pumped past the monthly resistance (23000), which held us down for the past 9 fooking months. (fk you 23k )
Keep in mind
- Still got 10 days left for the monthly candle to mature.
- Once the monthly candle matures and have closed above 24k-25k, our previous resistance 23k is going to be our support zone (SR flip).
Many indicators on monthly timeframe continue to support the idea that BTC wants to begin the bull market rally.
If you are curious how these monthly indicators will most likely playout, use the 3 week indicator as your crystal ball 🔮
Indicators on monthly TF
1. RSI: Crossed above MA ✅
2. MACD: About to cross
3. Stoch RSI: Crossed ✅
Indicators on 3 weeks TF
1. RSI: Crossed above MA✅
2. MACD: Crossed ✅
3. Stoch RSI: Crossed ✅
Coming up there are multiple resistances to watch out for:
1st big resistance: 32.5k - 35.5k
2nd big resistance: 38k - 41k (this one is a bad boy: fib golden pocket kek )
Balaji mofo is expecting us to goto fking moon then mars this year (1mil per $btc lul), but I have a strange feeling that we will just chop 15k - 42k for 2023 😭😭😭
I sincerely hope Balaji daddy is right 🙏
After the bounce, we pumped past the monthly resistance (23000), which held us down for the past 9 fooking months. (fk you 23k )
Keep in mind
- Still got 10 days left for the monthly candle to mature.
- Once the monthly candle matures and have closed above 24k-25k, our previous resistance 23k is going to be our support zone (SR flip).
Many indicators on monthly timeframe continue to support the idea that BTC wants to begin the bull market rally.
If you are curious how these monthly indicators will most likely playout, use the 3 week indicator as your crystal ball 🔮
Indicators on monthly TF
1. RSI: Crossed above MA ✅
2. MACD: About to cross
3. Stoch RSI: Crossed ✅
Indicators on 3 weeks TF
1. RSI: Crossed above MA✅
2. MACD: Crossed ✅
3. Stoch RSI: Crossed ✅
Coming up there are multiple resistances to watch out for:
1st big resistance: 32.5k - 35.5k
2nd big resistance: 38k - 41k (this one is a bad boy: fib golden pocket kek )
Balaji mofo is expecting us to goto fking moon then mars this year (1mil per $btc lul), but I have a strange feeling that we will just chop 15k - 42k for 2023 😭😭😭
I sincerely hope Balaji daddy is right 🙏