This pump looks fake, to trap top longs and breakout traders.
Once they got shake out and close their positions starts the real pump
We will wait for the retest of the last resistance to hold as a support and buy.
Target above 300
bsv completed an inverse head and shoulders
incoming halving
if it blasts past the red line, things might go very high
not a financial advice, for educational purpose only
It has risen between 214.210 and 237.390, an important section.
You need to make sure you can climb to the 237.390 point.
You should also make sure you can get support at point 214.210.
If you get support and ascend between the important segments 214.210 to 237.390, I think there is a possibility to touch the 287.380 point.
BCH Halving is around April 10, so...
BSV has formed a LARGE broadening wedge, this a very bullish pattern included a fractal and an optimal buy point. Also some moonshot ranges once BSV breaks this broadening wedge barrier.
When NVT (bottom graph) turns green in history it starts an upturn in the bitcoin cycle
we are not far from it.
4400 btc price is what I'm expecting to be the bottom as it hits the historical yope as it has with EVERY halving.
just my opinion of course but its been the same twice before,
btc price reaches the bottom of the yope channel around 4300
nvt turns...
It must be supported by the uptrend line (1).
In addition, support must also be received at 135.000 points.
It is possible to set the 135.0 point to Stop-Loss.
You need to make sure you can climb above the 172.910 point.
It should rise to the short-term downtrend line (2).
The key point at the current location is...
Price always hits the bottom of the yope at halving. Too many YouTubers were using a trendline inside the channel touching bottom.
youtube bitcoin idiots are useless
Price inside the daily ichimoku just above support. under the 4H ichimoku cloud, in a descending triangle. Descending triangle target in the 165 range.
BTC has not yet reached any serious support. It looks like it should drop to the 3000 level, before the halving.
It will then be pumped up to 8,000 + after the halving, before dropping sharply as miners dump to recover from their mining losses.
This situation is major because once miner profitability drops sharply, rational actors will leave for a more...
BSV draws a good, high-quality four in its first global wave, which, in my opinion, should go a minimum of 1750 USD. The correction is nearing completion. The only question is whether there will be a last decline.
