jazerbay

Bitcoin to follow past trends/fractal moves?

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jazerbay Updated   
BYBIT:BTCUSDT   BTCUSDT SPOT
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πŸ›€πŸœπŸπŸ–πŸ›£πŸžπŸ•πŸ›€β›°πŸ”

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Targets : ~ 44,200, 42,400


I am expecting another sudden drop soon, followed by consolidation /sideways movement. It would be best for BTC to move in a descending fashion to a final bottom of ~42k, completing the fractal and making way for upside. ⏬


🐻For BTC to be considered in a bear market , we need to go below ~39,700 level.

Check linked idea for further information.

Thank you so much and always remember πŸ˜‰πŸ‘‡

πŸ›‘πŸ›‘πŸ›‘This is not financial adviceπŸ›‘πŸ›‘πŸ›‘ Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!

Always have a stop loss βœ‹πŸ›‘πŸ’² setπŸ†—



Any thoughts πŸ’­πŸ’‘, questions πŸ™‹β€β™€οΈπŸ™‹β€β™‚οΈβ“, good πŸ‘, badπŸ‘Ž, happy πŸ˜„ or sad πŸ˜₯, in the comments always welcome.


🐢
Comment:
We are at a very important point in this structure. Watching closely on the daily.

Thank you so much πŸ‘‹πŸ˜
Comment:
Comment:
As you see we did get rejected from top of channel here.


Last plan did not go as expected, we bounce off 200 day MA and up to ~52k where we got rejected. Now today we see a death cross (9day MA going below 200 day MA)

I think it is very possible we come down a good amount now before more upside!


Thank you so much!!!

Happy day all πŸŒπŸŒžπŸŒ—

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