SatochiTrader

BTC ON THE WAY TO 48K WITH THIS CYCLE TREND

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Thanks for reading this update.
BTC seems to enter an important volume where we expect that BTC have a high chance of breaking the 48K soon.

Remember. There is not way that is going directly to trend, BTC will play all possible trends to go to the goal. The trend is your friend.

44K is a key level and same time a break level for new volume which will make the trend bullish.

Our data shows us that the possibility that BTC will break is high.
BTC has been since OCT 2023 in a cycle trend that still is active.

We did expect before the breakdown of BTC with the same data to below 40K

And with the same data we did expect before the increase below 40K to 43K

The new update shows an expected 44K which still is running.

BTC plays in zones, the best way is the turtle way with following the right trend
This is not trading advice and guarantee for the trend.
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BTC Target with a small correction the 42K, the trend is still positive.
We expect BTC to have a high chance and be able to return to the 43K Trend.

It's about the trend and the trend is until now still positive for the target of 44K.
Comment:
The trend of 1 day does not mean the trend of the full cycle.
BTC is more than that when it has a cycle running.

We will follow BTC for the coming 14 days
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44K target with confirmation is very important for the new volume bullish trend to the 48K as this update shows.
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TM VIEW 48K
Comment:
BTC plays the trend in levels, this trend makes it very difficult for the short trend scalping, That is why following the trend is one of the best ways.

BTC is still positive and that is important. There is a high chance we can meet any time soon a whale break up the 44K. Also on this price action when the trend seems below 43K
Comment:
New update
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The view of this moment is that the BTC trying to enter an important bullish zone where it can hold the 43K level, which is already there is against volume in trend. This against volume should be won by the bullish volume, this can happen with the right time frame. Time frame is the key to get it done. The trend needs to become stable for the BTC volume to increase until it can break. 43.6 since is an important break volume that can bring BTC up 44K.

A basic example.
Retailer trends try to hold the main trend, but on the other side, Bullich trends have more powerful positions in buildings. this position's buildings are placed in a turtle way, but there are more of them. the expectation is that the bullish trend will win over the against volume within the next time frames.

example markets: it starts with Stressed markets, and against volumes but important is the time frame, and the real building positions.

what now happens is that the bullish trend tries to find the place for confirmation in the 43K. When this happens we will see a break in BTC to 44K and up.
The price of this moment is still below 43K
Comment:
The turtle's stable volume seems to enter in levels.
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The 43K needs more time frame time confirmation since it's an import area.
As we did add before if BTC can confirm 43K and on its way to 44K, we can see a new unexpected bullish trend.
Comment:
We did add before about the rejection volume of 43.3 43.5
There is a trend going on BTC low time frame where the volume gets rejected by this trend. BTC still going on the turtle way.

That's why 43.6 is an important trend when BTC is able to gain this with confirmation there is high chance we will see a break over 44K
Comment:
43.6 ---> UP 44K
Comment:
The against volume needs to be closed with the way BTC is now going. The turtle way until BTC gets this against volume over. we can see a speed BTC trend that breaks up 44K. This can take some time frame, but the most important is that BTC confirms the 43K from the against volume.
Comment:
The trend is green and positive and going depending the trend lines
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The trend is the most important in trading, the way of BTC is not always directly, but the trend is the main goal.

BTC Target 44K
Comment:
BTC Did target since today our study depending on high data the 48K Target that we did follow below 42K.
Comment:
We follow BTC since 27K for the cycle trend, and at this moment BTC is still positive in the trend. The last follow of BTC did start from 42K as confirmation.
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IF BTC gets confirmation in the coming time frames, 52K can become next target
Comment:
BTC is positive and are able in the coming time frames to enter higher targets.
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BTC is in bull trend and 52K can become important target.
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BTC processing the confirmation of 50K
the positive trend is still active.
Comment:
Since the start update from 42K, BTC did target the 48K, and also the important target of 52K did target.

We will follow BTC with the low time frame to see if it can get a back trend to 52K, a confirmation of 52K could mean a new break for BTC.

BTC is until now positive.
Comment:
IF the trend gets a confirmation in the coming time frames, BTC can surprise with a break which can bring BTC later to the new ATH.
Comment:
BTC on the confirmation level 52K, if this confirmed trend is done successfully, we could see a target of $56K
Comment:
After we did predict the cycle trend 56K will stay an important target what we follow with the confirmation of 52K
Comment:
BTC still in stability trend and need to confirm first the 52K before we can speak about new uptrend.
Comment:
Confirmation of this zone could mean a high possiblity of break to 56K by BTC.
Comment:
BTC at confirmation zone.
Comment:
Since the 42K until now the update stops here, and going further on this update link where the expecting is a 56K trend.


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