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Welcome to this quick BTC update.
BTC breaks down from the head and shoulder pattern in a 30-minute time frame and looks bearish here. We might see a small dump up to the $25.2k level from here followed by a quick pump.
So basically I'm expecting a quick dump today or on Monday up to the $25.2k level and then we see a pump up to the
27K
level.
Let's see how this plays out.
Invalidation:- Hourly close above the $26.2k level.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this quick BTC update.
BTC breaks down from the head and shoulder pattern in a 30-minute time frame and looks bearish here. We might see a small dump up to the $25.2k level from here followed by a quick pump.
So basically I'm expecting a quick dump today or on Monday up to the $25.2k level and then we see a pump up to the
27K
level. Let's see how this plays out.
Invalidation:- Hourly close above the $26.2k level.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Comment:
Perfectly following my arrow😎
Told you that if we hold above the
25K
level then expect a bounce up to the
27K
level. Going exactly so far. Hope you took advantage of this small pump.
Now, What's next?
Tomorrow CPI data will come out. So expect volatility on both sides. IMO, we might see some more pump ($ up to $28k-$28.5k) during CPI to liquidate early shorters, and after that nuke season will start.
Perfectly following my arrow😎
Told you that if we hold above the
25K
level then expect a bounce up to the
27K
level. Going exactly so far. Hope you took advantage of this small pump. Now, What's next?
Tomorrow CPI data will come out. So expect volatility on both sides. IMO, we might see some more pump ($ up to $28k-$28.5k) during CPI to liquidate early shorters, and after that nuke season will start.
BTC perfectly hit the target✅
Touched the $25.2k level and bounced as expected. Now if holds above the