BTC BITCOIN IS SURFACING FROM THE BOTTOM. AIM TO 100K???
Oh, how is it, boys and girls? In my last post i tried to calm you down saying that crypto is in a quite strong accumulative zone so we should not panic. Now, with more conformation, i can say that it is definitely going up. Here, i wanna show you our current situation and our potential price action.
▪️While I was analyzing the chart, something interesting was noticed. Pay attention to September 20th - 28th. Here, i have observed this area with price action and a saw a huge Re-Accumulation. I have decided to put it on a chart. Guys, now, follow my idea. Look at September 21st. Here, we can see something that looks like a re-accumulative-spring. Here the show starts. Look at the next price action. Yep, we see an accumulation. But we will get back to this zone again
▪️Moving forward. So, we saw a great momentum and great price action.Then BTC started shooting to the freaking moon: everybody is happy. But, the gasoline is getting out and big money starts a new game called "Distribution". While everybody was observing RSI and Stochastic , institutions pressed the button.
(Note: guys, i put everything on a chart. If you have problems with understanding, please, ask me in the comments. I will be happy to answer 😉 )
After that, supply zones, liquidity took part in the price action. And we had a re-distribution. It wouldn't be so strange unless one small thing...accumulation.
"Well, it is clear accumulation..." that what i thought and that was a huge mistake. I totally forgot about the macro structure, about orderblock on 40k level (or you may also consider it as a LPSY), IPA and absence of a clear BOS. Thus, we had a fake accumulation which was a trap. And, as you already know, we fell down.
What about now? Well, guys, we are moving in a this range and i put some wyckoff elements on a chart. Speaking the truth, we are already in an C-stage. I would say that we have a strong accumulation with taken liquidity up in UA zone. In December 13th we saw spring and consolidation near this zone. Today we have seen a clear movement to the OrderBlock and LPSY zone with high volumes in the candles, showing the interest from the buyers. And just a small cherry on this cake. Right when we needed a strong bullish and positive news, FRS made their statement about the stimulation of economics and inflation , and the price went high now.
My opinion: We have constructed a great foundation for a huge uptrend with possible ATH . If you are in position, keep hodling it! If you are considering to buy BTC as an investing opportunity, this is also one of your last chances before the major move up.
Thank you so much for your support and activity. 🥰 Write your opinion in the comments)
▪️While I was analyzing the chart, something interesting was noticed. Pay attention to September 20th - 28th. Here, i have observed this area with price action and a saw a huge Re-Accumulation. I have decided to put it on a chart. Guys, now, follow my idea. Look at September 21st. Here, we can see something that looks like a re-accumulative-spring. Here the show starts. Look at the next price action. Yep, we see an accumulation. But we will get back to this zone again
▪️Moving forward. So, we saw a great momentum and great price action.Then BTC started shooting to the freaking moon: everybody is happy. But, the gasoline is getting out and big money starts a new game called "Distribution". While everybody was observing RSI and Stochastic , institutions pressed the button.
(Note: guys, i put everything on a chart. If you have problems with understanding, please, ask me in the comments. I will be happy to answer 😉 )
After that, supply zones, liquidity took part in the price action. And we had a re-distribution. It wouldn't be so strange unless one small thing...accumulation.
"Well, it is clear accumulation..." that what i thought and that was a huge mistake. I totally forgot about the macro structure, about orderblock on 40k level (or you may also consider it as a LPSY), IPA and absence of a clear BOS. Thus, we had a fake accumulation which was a trap. And, as you already know, we fell down.
What about now? Well, guys, we are moving in a this range and i put some wyckoff elements on a chart. Speaking the truth, we are already in an C-stage. I would say that we have a strong accumulation with taken liquidity up in UA zone. In December 13th we saw spring and consolidation near this zone. Today we have seen a clear movement to the OrderBlock and LPSY zone with high volumes in the candles, showing the interest from the buyers. And just a small cherry on this cake. Right when we needed a strong bullish and positive news, FRS made their statement about the stimulation of economics and inflation , and the price went high now.
My opinion: We have constructed a great foundation for a huge uptrend with possible ATH . If you are in position, keep hodling it! If you are considering to buy BTC as an investing opportunity, this is also one of your last chances before the major move up.
Thank you so much for your support and activity. 🥰 Write your opinion in the comments)