Thanks for reading this update. BTC seems to enter an important breakdown trend where we expect that BTC has a high chance of falling to 56K, this can also happen unexpectedly with free fall volume as we have seen also before.
BTC IS IN OVERFLOW VOLUME TREND..
Remember. No way is going directly to trend, BTC will play all possible trends to go to the goal. The trend is your friend.
68133 is a key level and same time a breakdown level for new volume which will make the trend decrease below. The end low time frame can change with time up, and we will update it.
Our data shows us that the possibility that BTC will break down is high. BTC has been since OCT 2023 in a cycle trend that can end at 54K or with time higher, since data change.
Not only BTC but also the stock markets are in overflow volume, which could break down soon. THE ETF hype will end as the most hypes did end. The same as the stock market where ETF becomes a normal trend.
We did follow more cycle trends also the starting cycle from 26K, and the last update from below 42K to ATH. click the update for more data
The overflow volume can increase btc more, but when it's time a correction starts, this can become a high correction. we expect BTC has a high chance to return 56K, then the idea it's going to 100K. Never in history of BTC there was no correction after high volume.
Manage in all time the risk, since there is nothing called only uptrend. This update is not trading advice.
Comment
⋅
Comment
⋅
END low time frame 68241 and becomes with new time frames higher.
Comment
⋅
END low time frame change to 68430
Comment
⋅
END low time frame change to 68700
Comment
⋅
Comment
⋅
05-03-2024 BTC has seen also a breakdown from 69K to 58.9 in just 5 hours. When the low time frame ends, we could see a similar trend.
Comment
⋅
END low time frame change to 69900
Comment
⋅
END low time frame change to 70043
Comment
⋅
BTC looking for end-time frame confirmation and is still in range.
Comment
⋅
for the confirmation of the breakdown trend, we could need between 12H and 1 day.
Comment
⋅
When the time frame is confirmed, BTC will go depending on our expecting at END low time frame. which could mean a new fall in trend. it's now about the time frame confirmation. new update soon.
Comment
⋅
The END low time frame stays on 70300, When BTC returns to that target and confirms with 4h+ we will get a confirmation of the trend.
This low time-end target can change with the time frame. We see a trend where the positions trend whales try to save their positions exactly on important points. but also this trend will end.
Comment
⋅
The end low time frame changed to 70540, when BTC targets this price action + holding the time frame of 4h+ we will see depending on this update a breakdown in BTC.
Comment
⋅
BTC entering exactly now at the end low time frame, we will see if it's able to stay within 1 one-day time frame at this trend, there is an expectation for correction. The price of this moment ranging between 70700 71200
Comment
⋅
We follow step by step the end trend of the low time frame, and since today btc shows a trend of the end low time frame.
Comment
⋅
The confirmation is at this moment for the END low time frame on 3H, the next hour is very important for the confirming trend END LoW TIME FRAME.
Comment
⋅
The first correction could bring BTC below 67K
Comment
⋅
END LOW TIME FRAME OVER 30MIN
Comment
⋅
The trend did break down below 69K, with a return trend. Depending on the data we have an END time frame. Since BTC is below the trend of interest.
Depending on our study BTC will stay risky for the next correction and fall. This can take some time, as we expect depending on our data that BTC will see a correction after the confirmation END time frame.
we see that there is interest for return, but the power volume can decrease with time, where the trend will not able to recover so fast as we see with this ETF hype. the counting of recovery made between the time of correction, and the time of recovery..
Comment
⋅
The start low time frame did start at 51453 and ends at 71615
Comment
⋅
BTC confirmed the END low time frame.
Comment
⋅
Data is the best that a trader investor can follow, news, hyping, ETF trends fomo thinking, and hoping can end in all ways. DATA is the key.
Comment
⋅
BTC until now in a downtrend trend and below the END low time frame.
Comment
⋅
The last data shows that BTC is still in breakdown trend.
Comment
⋅
BTC is still on a downtrend since the target of END low time frame.
Comment
⋅
There was a high expectation that BTC would get a correction after the overflow volume.
Comment
⋅
We still follow the least main update for BTCUSDT.
Comment
⋅
this expecting can be for long term, and same time its not a guaranty , since market can go with time all sides depending on world changes, its 100% our view and and not trading advice. For day traders follow the trend per day.
Comment
⋅
The last breakdown happened unexpectedly. since BTC did target not the daily update but the main update, is interesting to daily to check what BTC can do.. its waiting for confirmation.
we need confirmation for that, their is no point for bears right now
JohnBat
⋅
@MyCryptoParadise_Nathan hahah for real? Dudę look weekly RSI, NUPL, we need deep corection to cool down indicatora
MyCryptoParadise_Nathan
⋅
@JohnBat, check historical charts of BTC , before & after halving. This rally occurs because of ETF now halving is left but still i think its better to take confirmation from price & see how price bahave on our levels. I respect your analaysis, every trader have their on POV on the market