Bitcoin hits the Trendchannel exactly again like 2 Times ago in this Bearmarket.
There was after every test a -23% correction.
It´s really possible because of the Fed´s Money policy (Tapering and a higher main interest) that there´s comming until march another correction.
The patterns which are Rising Wedges are also exactly the same like the two times ago.
Another indicator is the Volume .
If you look at the volume from the two corrections before, you can see that its the same like today.
If Bitcoin crashes -23% again it tests perfectly the red marked BIG and Strong Support zone which is 29.000.
Bitcoin
Its nice that all these bad things are happening in the beginning of 2022 because then there are nearly no bad news at the next Bullrun which is gonna be insane.
Illiquid Shock Ratio: Rising
Open Interest: Rising
Support Level: 28.800 USD
Absolute Support Level: 20000 USD (200 Daily MA)
Short until 29.000 USD
Long Term: REALLY Bullish and accummulating
Short Term: Bearish
THE FUTURE IS GOING TO BE INSANE!
There was after every test a -23% correction.
It´s really possible because of the Fed´s Money policy (Tapering and a higher main interest) that there´s comming until march another correction.
The patterns which are Rising Wedges are also exactly the same like the two times ago.
Another indicator is the Volume .
If you look at the volume from the two corrections before, you can see that its the same like today.
If Bitcoin crashes -23% again it tests perfectly the red marked BIG and Strong Support zone which is 29.000.
Bitcoin
Its nice that all these bad things are happening in the beginning of 2022 because then there are nearly no bad news at the next Bullrun which is gonna be insane.
Illiquid Shock Ratio: Rising
Open Interest: Rising
Support Level: 28.800 USD
Absolute Support Level: 20000 USD (200 Daily MA)
Short until 29.000 USD
Long Term: REALLY Bullish and accummulating
Short Term: Bearish
THE FUTURE IS GOING TO BE INSANE!
