Hi Friends,
This is the second time we are doing a treat on BTC. It draws attention as it affect Altcoins.
It is important to understand it movements in time.
NOTES:
ANALYSIS:
The last time we had complete correction(using my target hits) was September 2020, first week.
After this BTC had been on a constant bull run. Institutional FOMO, Hype, Shillings, Analysts and Politicians talking about BTC were catalyst for this run.
Sooner or later this correction was bound to happen.
BTC will go down to Reversal Zone as in my chart. It is required as turning point, being the final of correction target IMO.
I see the weekend helping this trend. While the new week will start with Sunshine.
Also a buy zone before another run up in the near future.
If it is not allowed for any reason artificial or natural manipulations. This event will only be postponed to another time in future.
BTC is bullish and strong at the moment. Though the week started in a low, and a lot has happened same week causing FUD here and there.
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This is the second time we are doing a treat on BTC. It draws attention as it affect Altcoins.
It is important to understand it movements in time.
NOTES:
- We are Weekly-Bullish for BTC.
- Super Bullish on the Monthly for BTC as well. So we are are no where near bear season.
ANALYSIS:
The last time we had complete correction(using my target hits) was September 2020, first week.
After this BTC had been on a constant bull run. Institutional FOMO, Hype, Shillings, Analysts and Politicians talking about BTC were catalyst for this run.
Sooner or later this correction was bound to happen.
BTC will go down to Reversal Zone as in my chart. It is required as turning point, being the final of correction target IMO.
I see the weekend helping this trend. While the new week will start with Sunshine.
Also a buy zone before another run up in the near future.
If it is not allowed for any reason artificial or natural manipulations. This event will only be postponed to another time in future.
BTC is bullish and strong at the moment. Though the week started in a low, and a lot has happened same week causing FUD here and there.
Follow 🚶 for Daily analysis and opportunities
Like 👍 for more encouragement
Share your thoughts
Trade active:
Dear Friends,
This is now in play. I previously said if it was not allowed to go through required correction it would only postpone the inevitable, and here we are now!!
Obviously the influx of institutions have brought with it, market manipulations for profit making by our dear institutions. They only care about profit, not for BTC extremism.
Retailers should start doing same, take profits when you can always.
Watch out for the Reversal zone, here is the last of my targets hit for the imminent correction long awaited.
Happy trading, buy the dip!!
Follow 🚶 for Daily analysis and opportunities
Like 👍 for more encouragement
Share your thoughts
This is now in play. I previously said if it was not allowed to go through required correction it would only postpone the inevitable, and here we are now!!
Obviously the influx of institutions have brought with it, market manipulations for profit making by our dear institutions. They only care about profit, not for BTC extremism.
Retailers should start doing same, take profits when you can always.
Watch out for the Reversal zone, here is the last of my targets hit for the imminent correction long awaited.
Happy trading, buy the dip!!
Follow 🚶 for Daily analysis and opportunities
Like 👍 for more encouragement
Share your thoughts
