MUST SEE[BTC WILL CRASH MORE AND EVEN HARDER]
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🔮🔮GLOBAL BTC UPDATE🔮🔮
TECHNICAL & TECHNICAL ANALYSIS (MARCO TREND).
📈 TECHNICAL ASPECT:- Happy new week to y'all once again, in this aspect I am not going to touch too much on the fundamentals of the crypto space as a whole but just what's on the charts. Look at the charts of #Btc from the start of this year alone you'd know that it haven't been good at all but last week was very different #BTC broke key structures on the Daily & WEEKLY & even on the monthly TF it was fueled by the depegging of LUNA #UST thanks to Do Kwon,but even before that if you check my previous analysis I warned about a very strong supply zone on the daily TF immediately $BTC approached that particular zone it plummeted badly -32%, even I who predicted this didn't expect it to the that sharp move downward and it approached my green box the most talked about zone in all of the crypto space.Take a look @ the Heikin Ashi candle try convincing your self we are still in a bull market. I don't know what kind of brains dis crypto experts have
They just tell you to buy we're going to the moon... Buy & hodl,btc to $100k this year, and their reasons are very inane.. saying we can't trust the government the printers are going brawwwwh! Do they even under what technical analysis is or even Fundamentals? But if they do they'll understand that the dollar have been gaining now for several months now and it's not stopping soon. I don't want to go deep into fundamentals yet.
#BTC approached $30k it even broke significantly below $30k and now even struggling below the same 30k level am not impressed by the reaction of price there I was expecting a quick and sharp move back up when price approach 30k this is a sign that people are really fearful after all that went on in the space last week. On the 4HR TF you can see a Wyckoff distribution indicating further down movement. Look at the Daily candle the probability of further downward movement is is High, because the trend is clear now... We are in a bear market.
like share & follow
🔮🔮GLOBAL BTC UPDATE🔮🔮
TECHNICAL & TECHNICAL ANALYSIS (MARCO TREND).
📈 TECHNICAL ASPECT:- Happy new week to y'all once again, in this aspect I am not going to touch too much on the fundamentals of the crypto space as a whole but just what's on the charts. Look at the charts of #Btc from the start of this year alone you'd know that it haven't been good at all but last week was very different #BTC broke key structures on the Daily & WEEKLY & even on the monthly TF it was fueled by the depegging of LUNA #UST thanks to Do Kwon,but even before that if you check my previous analysis I warned about a very strong supply zone on the daily TF immediately $BTC approached that particular zone it plummeted badly -32%, even I who predicted this didn't expect it to the that sharp move downward and it approached my green box the most talked about zone in all of the crypto space.Take a look @ the Heikin Ashi candle try convincing your self we are still in a bull market. I don't know what kind of brains dis crypto experts have
They just tell you to buy we're going to the moon... Buy & hodl,btc to $100k this year, and their reasons are very inane.. saying we can't trust the government the printers are going brawwwwh! Do they even under what technical analysis is or even Fundamentals? But if they do they'll understand that the dollar have been gaining now for several months now and it's not stopping soon. I don't want to go deep into fundamentals yet.
#BTC approached $30k it even broke significantly below $30k and now even struggling below the same 30k level am not impressed by the reaction of price there I was expecting a quick and sharp move back up when price approach 30k this is a sign that people are really fearful after all that went on in the space last week. On the 4HR TF you can see a Wyckoff distribution indicating further down movement. Look at the Daily candle the probability of further downward movement is is High, because the trend is clear now... We are in a bear market.
like share & follow