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Bitcoin (Cryptocurrency)

BITCOIN - Back Into Trading Mode, But Here is What I Found...Yesterday, I mentioned my intention to assume a spectator role, concentrating on analysis to comprehend our current position thoroughly. This approach allows me to equip myself with insights necessary for delivering daily videos featuring insightful trade ideas. In this latest video, I've begun to shed new light on existing patterns, introducing fresh logic and ideas aimed at rejuvenating the trading experience through AriasWave. With a 24-hour pause in price action, I've had the opportunity to methodically examine all the waves, providing a solid foundation for anticipating future movements. Consider this video merely an introduction, as there's a wealth of material set to be released daily from this point forward.
by AriasWave
1
BITCOIN - My Thoughts on a Possible Topping Out Process...I've presented both a bearish and a bullish perspective. However, there are certain indicators I'm keeping an eye on that suggest the bearish scenario could unfold, which I'll discuss in more detail shortly. For now, i'd like to share my reflections on the current wave structure. If we haven't reached the peak yet, it's likely due to flaws in my wave count, which I intend to rectify in the coming days through further analysis. However, for now, I aim to provide a broader perspective before delving into specifics. I prefer to observe without trading to gain a clearer understanding of our current position. While other cryptocurrencies may indicate a peak, it's essential to remember that altcoins can peak before Bitcoin. I'll contemplate these factors before revisiting the intricacies of wave analysis to offer a more precise count. Over the next 24 hours, I'll maintain a spectator role, closely monitoring the 60,757 level. I refrain from predicting tops and bottoms without corroborating price action to support my analysis.
by AriasWave
1
BITCOIN MEGA BULLISH WAVE REVISIONI'm hesitant to delve too deeply into this count, as it seems almost inconceivable. Nonetheless, I remain open to the possibility that this chaotic scenario is far from over. My primary objective is to profit, irrespective of the market's direction. If this move is only just beginning, then I accept that reality. I'd rather not be the pessimist whose predictions lead to financial ruin, as that would mean missing out on potential gains. Currently, I'll note that critical support rests at 64,528, with a target likely exceeding 100,000. However, I'm withholding final judgment until we gather sufficient evidence to validate this assessment.
Long
by AriasWave