cause i'm not. super long from here. this is an update to 👇 my target remains the same so long as we hold the local low until morning time, i do think we see a massive spring in the days ahead. if it breaks, i do expect 37~38k to be the bottom. this isn't financial advice, just the words of a guy who plays a violin on the titanic. ✌
these are all of the key supports if one is lost, expect the next area to get slammed. nobody knows where this move ends, we can only speculate. expect the unexpected, make sure you are using stops if attempting to catch this falling knife, and be careful out there!
this is a follow-up to my previous post via: the Bitcoin moonbois have been flushed out majority is terrified to buy at current levels but the wolves are loading up big time. might see a tad bit more downside, but watch for a rip to 60k in the weeks ahead.
good evening humans, i didn't plan on doing anymore updates in 2021, but i felt like bringing you one more potential scenario. ----- i do still think that we're in a fairly large correction that is going to take many more months to play out, we will most likely see a lot more chop in both directions, and i do believe we'll make it down to the low 30k range...
in this scenario i look at the market from the perspective of a bunch of 3's (i have talked about this perspective extensively in my videos, and i'm not going to get too deep into it here. feel free to check out the videos if this is something that interests you.) basically a complex corrective phase which would last another year or so it would look and feel...
"Fatality is the name given to a gameplay feature in the Mortal Kombat series of fighting video games, in which the victor of the final round in a match inflicts a brutal and gruesome finishing move onto their defeated opponent." A lot of longs are trapped in this local area after the recent events which led us to this day. Market maker might give them one...
- If this Elliott Wave count is valid - then we can experience a huge bear market (multi year). - Due to Elliott Wave rules, after 1-2-3-4-5 Impulse wave we should expect an A-B-C correction.
EN: Hello everyone and a happy new year! My opinion is that BTC + RSI forms a negative divergence where it shows me that the next top may be around the price of 75,000-80,000 after which a bear market will follow. What do you think ? My mind is open to learning from mistakes. DE: Hallo zusammen und einen guten Rutsch ins neue Jahr! Meiner Meinung nach bildet BTC...
good morning, this will be my last public (daily) update on btc. i'll no longer be posting my daily analysis on here. if you are interested in seeing my hour-to-hour \\ day-to-day analysis on btc, you can join our trading room. ps. going forward i'll only post bi-weekly updates on btc publicly. --- i did a video last night talking about the scenario where we...
good evening, ----- btc is at a critical point here, and a decision will be made within the next 12 hours. ----- >if our local golden zone holds (at 44.6k) >then i'm expecting another retest of 52k, >which will catch all of these silly pema bears off guard. ----- >failure to hold the local golden zone, >and the grim reaper comes to town. i talked about...
Hello everybody We backed we another analysis of Bitcoin According to the chart you can see the price was in pattern of channel, and expect the price should drop more to reach to the bottom of channel but that analysis failed and the price break the trendline trading that shown us power of the market. At this time i want to tell you the scenario of the market...
Market maker always leaves a footprint in the markets, this is one of the most classical ones I call this one "The Wyckoff". Dow Jones fractal from 2011. Almost identical to the one we're dealing with for Bitcoin today. ---- On this day, based on on-chain data analysis, retail investors have lost complete interest in bitcoin. ---- "When the last guy...
Bitcoin really needs to hold the line here and not drop anymore. On the smaller time frames we need a move above 53k that holds and then build upon it. Looking at the volume and price action we could break this support and retest the lower support one more time. The good news here is the ADX and DI it still shows an uptrend.
I think the cycles might be bigger than originally thought and it's a good thing. I color coded the pattern within the log growth curves. According to this we have a major rally coming. Let's see how it plays out.
This cannot be broken if we are to remain bullish IMO!!! The good news is Bitcoin has shown lots of respect to this trendline all the way to the last cycle and was in it's blow off top during the time it spent there. If you look closely it's the exact same cycle is playing out, it has only greatly lengthened in time. Looking at this chart it looks like we over...
My last post in 2021. ---- I've discussed this flat scenario in depth for quite awhile now (view my genesis video for more context). Believe me, or don't - this is my primary, and the one i've been trading ever since we topped out at the local peak in the upper 60k region recently. If you've been following along, you've seen my call outs - day after day. This...
As I shared in my last update on $BTC, $BTC ran up without testing some key levels as support and needed to correct down to $46k-48k before it would be able to move higher. Now that that scenario played out I think the same thing needs to happen on the upside. BTC needs to now confirm some levels as resistance before it falls further (IMO). I think BTC should...
one more little scenario here. just wanted to say, if we push through my box right now, it's going to trigger a mass buying effect from the algos target for this move is at 55k i'm still expecting the potential of one more dip (as mentioned in my last post), but if we dont get it we ride. i'm in spot here, big time. 1% stop ps. if we reject current level,...