GBP/USD | Where to next? (READ THE CAPTION)After reaching all bullish targets last night (based on previous analysis, yesterday), GBPUSD opened today a little bit lower and then dropped in price gradually, almost touching the Jan 26th NWOG high, but then it went back up a little bit and now it's being traded at 1.3669. I expect GBPUSD to touch the Jan 26th NWOG soon, and if it manages to react and stay above there, I believe it'll go to today's NDOG.
Targets: 1.3674, 1.3681, 1.3688 and 1.3695.
If it fails to hold above: 1.3662. 1.3655 and 1.3648.
Bitcoin (Cryptocurrency)
EUR/USD | Breaking through the breaker! (READ THE CAPTION)Well good morning folks, Amirali here.
starting the day with an analysis on EURUSD. As expected and mentioned yesterday, it reached the Bearish Breaker and has been struggling with it since last night, consolidating in a range inside the bearish breaker. I'd like to see EURUSD go above today's NDOG and stay above the Bearish Breaker's Mean Threshold and then go up higher to 1.19600 level.
For now, the targets: 1.1915, 1.1922, 1.1929, 1.1936, 1.1943 and 1.1950.
If it stays below the NDOG: 1.1900, 1.1893 and 1.1886.
MSTR - How to profit from a $140 short target🔱 The MS ponzi is taking its toll. 🔱
I’m not laughing, because it’s genuinely unfortunate for everyone who believed in this scam.
But today, I don’t want to rant about that.
I want to show how one could profit from a potential drop of more than $100.
As an Andrews Pitchfork trader, I know there’s roughly an 80% chance that price will reach the centerline. From there, price either reverses in the opposite direction or breaks through the centerline to continue its journey.
That’s exactly what happened with MSTR.
You can see how the price first reached the centerline, held there a few times, and then broke it. Since then, it’s been following the rulebook by moving further to the downside.
Now, there’s another rule worth remembering:
price often tests or retests the line it just broke.
In our case, that line is the centerline.
This means we could be lucky enough to get a pullback to the centerline, and that would be a good level to consider shorting.
The target is usually the opposite line of the centerline, which in our case is the L-MLH (Lower Median Line Parallel).
👉 If you want to learn the full framework and its rules, check the links for free material.
I hope this helps many of you, and I wish you all good profits.
BTC/USDT Analysis. Trading Inside the Range
Hello everyone! CryptoRobotics trader-analyst here with your daily market analysis.
Since yesterday, Bitcoin has continued rotating within the previously identified range amid declining volumes and reduced volatility.
At the moment, the nearest liquidity magnet remains around $68,000. At the same time, selling pressure dominates delta readings but fails to push price lower, suggesting a likely test of the upper range boundary this week and making local long setups relevant.
A potential entry may form on a false breakdown below the $67,300 level. An alternative decision zone for longs lies at $65,000–$63,000, where maximum trading volumes are concentrated.
Buy Zones
$65,000–$63,000 (maximum traded volumes)
$72,200–$56,000 (daily buy zone)
Sell Zones
$72,500–$75,200 (selling pressure)
$77,800–$79,200 (accumulated volumes)
$82,000–$85,500 (volume anomalies)
$87,600–$90,500 (accumulated volumes)
This publication is not financial advice.
BTCUSD H1 Breakdown Risk | 68,600 Sell Toward 62,000 On the H1 timeframe, BTCUSD continues to show a bearish market structure. Although price briefly broke the short-term bearish trendline, the move failed to sustain. Price faced a clear rejection below the 200 DMA, confirming that higher levels are still being sold. The RSI around 37–40 indicates weak bullish momentum and supports the bearish continuation bias. Additionally, the Fixed Range Volume Profile (FRVP) high-volume area is being respected as a strong resistance zone, keeping selling pressure active.
Trade Setup
Sell Entry: 68,600
Stop Loss: 71,500 (Above 200 DMA and resistance zone)
Target: 62,000 (Previous demand zone / liquidity retest)
As long as price remains below the 200 DMA and FRVP resistance, the downside scenario remains valid, with a high probability of a retest toward the 62,000 level.
Disclaimer
This analysis is for educational and informational purposes only and does not constitute financial advice. Trading cryptocurrencies involves significant risk, and market conditions can change rapidly. Always conduct your own analysis and use proper risk management before entering any trade. The author is not responsible for any financial losses incurred.
ZEC 1W Update: Zoomed out Zcash is at a critical inflection point on the weekly timeframe after losing the 300 level, which had acted as a major pivot and structural support during the recent expansion. The rejection from the blow-off top was sharp, and the failure to hold above 300 signals a clear cooling of momentum, shifting ZEC from trend continuation into a corrective phase. That said, price is now pulling back into the mid-200s, an area that previously acted as a launch zone during the impulsive move higher, so this region may still attract dip buyers. The structure, however, is no longer cleanly bullish unless ZEC can reclaim 300+ on a weekly closing basis. Continued acceptance below that level increases the risk of a deeper retrace and longer consolidation, while a stabilization here followed by a reclaim would suggest the move was a harsh but healthy reset rather than a full trend failure. Overall, losing 300 is technically tough, but the market is now in evaluation mode rather than outright breakdown, with the next few weekly closes likely to define whether this was distribution or a volatile bull-market correction.
BTCUSD: 70K base breakout toward 80K🛠 Technical Analysis: On the H4 timeframe, BTCUSD remains in a broader bearish structure, but price is now stabilizing around the psychological 70,000 area. The chart shows consolidation in a tight range, suggesting sellers may be losing momentum after the sharp selloff. This 70K “fixation” acts as a short-term bullish factor, and the market is now building a base for a potential corrective rebound. The key trigger is a confirmed breakout above the upper consolidation boundary near 72,500–72,875, which would signal strength and open a move toward the next supply zone around 80,000–81,519. Keep in mind that the SMA 50/100/200 are still overhead, so this setup is treated as a recovery leg within a bearish trend. If price fails to hold the base and breaks below the local invalidation level, the probability of a deeper drop toward the next demand zone increases.
———————————————
❗️ Trade Parameters (BUY)
———————————————
➡️ Entry Point: 72,875.91 (buy on a confirmed breakout above 72,500)
🎯 Take Profit: 81,518.97
🔴 Stop Loss: 67,160.33
⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.
BITCOIN Could that be the shortest Bear Cycle ever???Bitcoin (BTCUSD) reached (almost) its 1W MA200 (orange trend-line) last week fastest than any other Bear Cycle before. At the same time, its 1W LMACD hit the same symmetrical level (blue) it did every time BTC completed the 1st Stage of the Cycle. Especially in the case of the (previous) 2022 Bear Cycle, it was around the same time the price came close to the 1W MA200 as well.
As this chart shows, the 4-year Cycle bottom occurs around when the 1W LMACD makes a Bullish Cross after its hits -0.21. We are still far from that. But what past Bear Cycles show is that when the 1W LMACD has hit the current level, Bitcoin takes at best the same amount of time to bottom as it did from the start of the Bear Cycle to the moment the LMACD hit the current level (blue Support). That was particularly the case during the previous (2022) Bear Cycle (was 27 weeks from High to LMACD contact, and another 27 weeks until the Cycle bottomed). The two Bear Cycles before it, bottomed in less time.
As a result, given that last week completed 17 weeks from the Cycle Top up until the LMACD contact, the Cycle could bottom in the next 17 weeks (based on that model). This suggests the first week of June 2026, while the 4-year Cycle suggests mid-September. So what do you think is more likely to happen? Could that be BTC's shortest Bear Cycle ever?
Feel free to let us know in the comments section below!
---
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
---
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
TradeCityPro | Bitcoin Daily Analysis #264👋 Welcome to TradeCity Pro!
Let’s move on to Bitcoin analysis. The market is still trading inside a ranging box.
⌛️ 1-Hour Timeframe
Yesterday, Bitcoin formed a support level around 68,586.
✨ After reacting to this area, price printed a lower high, and it has now returned to test the support again.
✔️ At the moment, Bitcoin is reacting to the 68,586 zone. If this level breaks, price could resume its bearish move, and we can look to open a short position.
🔔 The main trigger for Bitcoin right now is the break of 67,735. A break of this level would also be a valid short entry. So, 68,586 is a riskier trigger, while 67,735 is the more reliable one.
🔍 Since price has formed a lower high, the probability of breaking 67,735 is higher. However, if price moves up toward 71,616, we can also look for a long position on a breakout. That said, it’s better to wait for volume confirmation on long trades, as the dominant trend is still bearish.
🎲 Today, the market could offer both short and long opportunities, so stay alert and don’t miss the setups.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
bitcoinThe chart speaks for itself. As you can see, after breaking down from the descending wedge, the price has dropped. Now it can be said that the ABC corrective waves are close to completion, with only the final wave — wave C — remaining. in my view, Bitcoin could rise to 130,000 dollars. Remember this: the sea erupts in a single moment, and nothing can stop it.
BTCUSDT: Bullish Reclaim Opens Door to Higher LevelsHello everyone, here is my breakdown of the current BTCUSDT setup.
Market Analysis
BTCUSDT was previously trading within a well-defined downward channel, characterized by a clear sequence of lower highs and lower lows. This structure reflected controlled bearish pressure, where sellers remained in control but price action stayed orderly rather than impulsive. Each rally toward the channel resistance was consistently rejected, confirming the validity of the bearish trend and the dominance of supply at higher levels. As price approached the lower boundary of the descending channel, selling momentum began to weaken. BTC formed a base near the Support Zone around 69,700, where demand stepped in aggressively. This resulted in a sharp bullish reaction and a breakout below the channel followed by a quick reclaim, signaling a potential exhaustion of sellers. After this move, price successfully broke back above the key Support Zone, confirming acceptance above demand and shifting short-term market sentiment.
Currently, BTCUSDT is consolidating above the reclaimed support while respecting a rising triangle support line, indicating that buyers are gradually gaining control. This consolidation appears constructive rather than distributive, suggesting accumulation before the next directional move. The market is now transitioning from a bearish continuation phase into a corrective recovery structure.
My Scenario & Strategy
My primary scenario favors bullish continuation, as long as BTC remains above the Support Zone around 69,700 and continues to respect the rising triangle support line. The recent breakout and successful hold above support suggest that the move down was a fake breakdown rather than the start of a new bearish leg. From a structural perspective, the failure of sellers to push price back below support indicates weakening bearish momentum. The next key upside objective lies at the Resistance Zone around 73,000, which aligns with previous support-turned-resistance and the upper boundary of the prior structure. This level represents a logical TP1, where partial profits can be considered and where sellers may attempt to re-enter. A clean breakout and acceptance above 73,000 would confirm bullish continuation and open the door for further upside expansion.
However, if price fails to hold above the support zone and breaks decisively below the rising triangle support, the bullish scenario would be invalidated, and downside pressure could return. Until such a breakdown occurs, pullbacks toward support are viewed as corrective and potential buying opportunities rather than signals of renewed bearish continuation.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Fundamental Note: BTCUSD (Bitcoin) 09 Feb 2026Bitcoin is hovering around the $70K–$72K area after a violent washout and rebound, but risk appetite remains fragile and headline-driven.
The down-move was dominated by forced deleveraging, and futures markets saw the largest long-liquidation spike of this drawdown.
On-chain structure has deteriorated: BTC broke below the True Market Mean, which it now frames near ~$80.2K as overhead resistance, while Realized Price sits around ~$55.8K as the deeper “re-engagement” zone.
Cost-basis maps show early dip-buying in the $70K–$80K band, with a dense $66.9K–$70.6K cluster emerging as a high-conviction area that may absorb near-term sell pressure.
Stress is still high: it shows the 7D SMA of realized losses above ~$1.26B/day (with recent extremes above ~$2.4B), while spot volumes remain structurally weak—typical of a “demand vacuum” regime.
Derivatives internals remain defensive: funding and futures OI have cooled and options positioning is still paying for downside (short-dated IV near ~70%, steep skew, and a negative 1-week volatility risk premium around -5).
Macro catalysts are immediate: the delayed US January jobs report is scheduled for Wed, Feb 11, and January CPI for Fri, Feb 13—either can swing USD/yields and decide whether BTC can reclaim $73K/$80K or retest the lower demand bands.
🟢 Bullish factors:
1. Dense on-chain demand cluster at $66.9K–$70.6K may act as a “shock absorber” if selling returns.
2. Leverage is being flushed (OI/funding cooling), which can reduce reflexive liquidation pressure on rebounds.
3. If jobs/CPI come in softer, USD and real-yields can ease, supporting a relief rally in risk assets.
🔴 Bearish factors:
1. “Demand vacuum” conditions: structurally weak spot volumes and ongoing distribution tone.
2. Loss realization remains elevated (realized losses > ~$1.26B/day on 7D SMA), suggesting forced exits are still happening.
3. Options still price heavy downside risk (high short-dated IV, steep skew).
4. Major overhead resistance sits above: ~$73K “contested” area and the True Market Mean near ~$80.2K.
🎯 Expected targets: Near-term range/bearish bias while below 73,000–75,000. Support is 70,000–69,000, then 66,900–70,600; a breakdown opens 60,000 and potentially 56,000–55,000 (Realized Price zone). If BTC reclaims 73,000 and then breaks above 80,000–80,500, upside can extend toward 85,000–88,000 next.
XAU/USD | Will it reach the 5100 level again? (READ THE CAPTION)Gold went up as high as 5086 last night, failing to go above the 5091 level to sweep the liquidity and dropped, currently being traded at 5033, and has been consolidating in that range for a while now. If gold holds itself above the Jan 26th NWOG and makes it through the Vol Imbalance created last night, I can see it go for the buyside liquidity above and the Daily IFVG at 5111.
Targets for Gold: 5040, 5055, 5070, 5095 and 5110.
If it fails to go above the Vol Imbalance and fall into the Jan 26th NWOG, the targets will be: 5020, 5005, 4990 and 4975.
BicoinWe are likely to remain in a sideways trend within these ranges for some time, experiencing consolidation and ranging. After that, a decline to the $49,000 level, followed by the possibility of a brief touch to $40,000.
Following Bitcoin’s lead, altcoins will also experience a decline, though somewhat less severe. Once we hit those targets, even small rallies in Bitcoin could trigger significant surges in certain altcoins. This analysis is my personal opinion, based on cycle patterns. I hope this plays out quickly—or doesn’t happen at all—since I hold a lot of altcoins and want them to pump soon.
Bitcoin 2026- Simple chart : Trend corridor, RSI deeply oversold, Green Bubbles lead the way.
- Whether Bitcoin bottomed at 60k or dips to 50k or even 40k doesn’t really matter.
When it’s trading at 250k+, those differences fade into noise.
- Markets don’t reward perfection, they reward patience, risk management, and timing that’s good enough. If anyone had a magic trick to nail the perfect entry, we’d all be rich already.
- Now is the time to accumulate with discipline through DCA, not to amplify fear or noise.
- As traders, we adapts and executes a plan. We don’t panic over headlines or try to catch the exact bottom.
Happy Tr4Ding!
This Is the Bitcoin Situation for the Next 3 YearsThis is the Bitcoin Situation for the Next 3 Years
Since last August I warned that the $108,000 level could not be lost in Bitcoin or else we entered a bearish cycle and it was going to be hard.
I am not a guru nor do I have a crystal ball.
But I try to get informed and I dedicate a lot of time to understanding what a Halving is. I understand mining costs. I understand staking. I understand leverage.
But above all we need to understand how all this leads us to CYCLES.
This chart is very powerful for understanding Bitcoin.
Each line is a cycle since its Halving. This event happens every 4 years.
The first cycle (the blue one) made the high somewhat earlier but the following cycles have made their highs at the same moment. All the lows have happened one year after reaching this high.
This last cycle (the strong yellow one) looks smaller and this is not a coincidence. Notice that each cycle is smaller than the previous one.
And this makes sense.
Bitcoin cycles are INFLATIONARY AND LOGARITHMIC.
Inflationary and logarithmic?
This is vital. Let me translate it for you.
Bitcoin should follow inflation because it is a finite asset like gold or real estate in certain areas.
Easy but logarithmic ?
This is something you can't IGNORE anymore.
🤔 Bitcoin cycles go up less every time.
One reason is that the more an asset capitalizes the more it costs to keep it going up. Money in the world is finite and therefore when something capitalizes billions it starts to be complicated to make it grow in a faster rate than inflation.
But you must also know that in the Halvings the rewards to miners are reduced.
At the beginning this meant a beastly reduction of many BTCs which drove the price very high. But now the reward is barely reduced by 3 or 1 BTC so the price cannot rise at the same pace.
If we pay attention to previous cycles Bitcoin will keep falling in 2026 until the end of the year before starting a recovery. This is the most likely scenario right now.
So much for Bitcoin theory so let us go to the practical part.
🚀 Where will this low happen?
I do not know and nobody knows but we have clues.
In each of the cycles we have seen the price retreat from highs.
And a lot.
The first cycle down 85%
The second down 80%
The third down 75%
And now?
Maybe 70%? It could be. It is just an approximation .
This last drop to $60,000 is already a great milestone as the price has corrected 50% but in previous cycles we see that the best is still to come. It can fall another 50% down to $30k or $40k to meet the levels close to 70% correction which would seem plausible based on previous behavior.
In terms of price it seems there is a gap to fill and in terms of time it is even better.
Correction time of first cycle is 12 months
Correction time of second cycle is 12 months
Correction time of third cycle is 12 months
If this fourth cycle lasts the same as the previous ones we will be talking about seeing the moment of maximum pain in October 2026.
That is the moment where we will all say that BTC is going to 0.
Who knows.
But, if we start accumulating in the $60k zone and save some money for the $30-40k area, we could easily average a $50k position during 2026.
After three years we should be at the next cycle peak which following a logarithmic progression could be somewhat higher than these last $120k (current cycle peak).
Let us assume $150k. (Which is a number I get from the serie of previous rallies, but there is too much math for today)
We are talking about selling the investment for triple the price in 3 years. That is a return that is not bad at all.
The risk is total. I go without a Stop Loss. It is aspirational investment and in no case is it capital protection.
And while we wait for the price to reach the right zone to keep buying, you could also make a quick trade to catch the next 10% rally.
👇 WANT MORE?
🚀 Hit the rocket, read my profile and follow so we can find each other again.
BTC Update - Only a FEW WILL SEE THIS !!Hello Bitcoin Watchers 📈
BT has made a bold and bearish pattern in the weekly, and it's a massive head and shoulders pattern:
And for the first time since May 2022 , the weekly moving averages has dropped to the lower band, the 200d moving averages:
This is when the heart of the bearish cycle starts, and we can easily see another -30% drop over the next few months.
BINANCE:BTCUSDT
BITCOIN: WHY!? Long-Term Structure Still IntactIt's time to be real..
Everyone is calling for an immediate bull run, or bull run soon, but markets don't move on excitement - they move in cycles.
Bitcoin has always required time, consolidation and patience before its next expansion phase. Price rarely moves in straight lines, especially on higher timeframes.
This weekly chart highlights the broader structure and long-term trend rather than short-term noise. If history continues to rhyme, the coming phase is more likely to be a a boring continued consolidation and accumulation phase, not instant acceleration. For those that know, the "boring" phase is often the most exciting. When everyone's portfolio has been hit hard followed by some up and down consolidation for long period of time, that's when they get the "i better sell, this is BS" attitude. That's when i buy with excitement.
The goal here isn't to predict a top or bottom, but to respect structure and allow the cycle to play out. Patience is often the hardest part - and usually the most rewarding.
So everyone wants prices and dates right? Well looking at the chart, I suspect that we have already hit the bottom lows of 60k, and the boring accumulation is about to begin. This will go for a year, most will not be able to cope. We will be bouncing around the bottom of the parallel channel a few times around 64k again.
When's the next bull run you ask? well i suspect it won't officially start until early to mid 2027.
SAVE this chart, track as time goes on.
Cheers,
Activeaus
This Volatility Period: February 6th - 8th
Hello, fellow traders!
Follow us to get the latest information quickly.
Have a great day!
-------------------------------------
(BTCUSDT 1M Chart)
The price fell from the critical 69,000 - 73,499.86 range.
We need to see if it finds support near the previous high of 57694.27 to 61299.80.
I believe the price range it cannot return to is below the 42283.58 to 43823.59 range.
-
(1D chart)
This period of volatility is expected to last from February 6th to 8th.
Therefore, the key question is how far it can rebound.
We need to see if it can rise to the critical 69000 to 73499.86 range.
If not, we need to see if it can rise above the left Fibonacci level of 0.618 (65760.59).
The next period of volatility will be around February 17th (February 16th-18th), so the key question is where the price will begin its sideways movement after this period of volatility.
The 57694.27-61299.80 range represents the previous high point, the first significant uptrend, and thus holds some significance.
The M-Signal indicator on the 1D chart is still forming at 87944.84, so we should also monitor whether it re-forms after this period of volatility.
This is because an uptrend begins when it meets the minimum DOM (-60) or HA-Low indicator.
-
Thank you for reading to the end.
I wish you successful trading.
--------------------------------------------------
- This is an explanation of the big picture.
(3-year bull market, 1-year bear market pattern)
I will explain in more detail when the bear market begins.
------------------------------------------------------
Bitcoin up-close —Expect more and additional growthTo look at Bitcoin we have to focus on the short-term, we already looked at the weekly and monthly timeframes. I already showed you why a recovery now is unavoidable.
I know you don't like these really short-term analyses because the view, the perspective is just too narrow; but we've been going deep into the bigger price. Let's see what is happening daily and if this confirms our broader bullish bias.
The last move is the exact same as Ethereum. An ABC correction. First a steep decline, then sideways followed by a bearish continuation. This much calls for bullish action now.
After a move is completed the market tends to move the other way.
I think the most important candle to consider is 6-Feb. The same day that produced the lowest price in years, since October 2024, also recovered most of the losses and ended up closing green. The ensuing day there wasn't a bearish resumption, nor the next day nor today. Instead, the market is green.
This all points to the correction being over. It is the same that happened in April 2025, the end of the previous correction and the start of the bullish wave that ended with the $126,000 all-time high.
Looks like we will have a v shaped recovery. The "baseline level" is the previous trading range, now a resistance zone. Around this level there can be a reversal followed by another crash to end the bear market in the latter part of 2026.
The current move doesn't have to be a sudden rise, Bitcoin can take its time.
The signal that confirms a bear market, apart from the 4 consecutive months Bitcoin closed red, is the monthly MACD. There is no going back once the chart becomes like this.
The good news is that we are getting a relief rally now —bullish. And the situation is similar to what I showed you with Ethereum.
Bitcoin recovered 6-February to peak at $71,725, the low was $60,000. The action is always happening at the top of the range, which is extremely bullish.
7-Feb. Bitcoin moved lower with the lowest point being $67,360. Today again, lower but all selling was quickly bought. The lowest point today was $68,308.
Notice how it is not possible for the market to push prices below $65,000 and how resistance continues to be challenged.
On a bearish continuation, we would see Bitcoin trading between $64,000 - $61,000, this isn't the case.
On a bullish move, Bitcoin would stay close to resistance making it weaker with each passing day. This is exactly what is happening.
On a bullish move, the smaller altcoins would start to grow really, really strong. Just today, many projects are high with two digits green, the first time since the correction low.
We have bullish signals coming from Bitcoin, Ethereum and the smaller altcoins. All this combined supports growth.
Truly, it is not a surprise, it is exactly what we have been expecting so, let it grow. We will adapt to market conditions as the relief rally unravels.
Long-term: Up now, then big down followed by the accumulation phase—sideways trading at bottom prices. After the accumulation phase, late 2026, we get the start of the next market cycle... The best ever!
Stay true, stay live and alive, continue to trade.
Good opportunities come and go, the market will continue to fluctuate.
Whatever your plan, just make sure to always stay in the game. As time goes by, we gain experience. With this experience, we will achieve long-term financial success.
From the top to higher. There is no limit to how high we can go. Nothing can stop us. The difficult life experiences will only stimulate more and additional growth.
Thanks a lot for your continued support.
Namaste.
Bitcoin - Starting the final -30% drop!🛟Bitcoin ( CRYPTO:BTCUSD ) is dropping another -30%:
🔎Analysis summary:
The underlying trend on Bitcoin remains clearly bullish. But following the unusual curve channel, Bitcoin perfectly rejected the upper resistance curve. Quite likely therefore that Bitcoin will now create another bullish break and retest and first drop -30%.
📝Levels to watch:
$55,000
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION






















