The time on average is 0830 HR when this 4 hours chart on macro got published. The estimation of BTC movement is at such with the Fibs included. This could be the good short term start on the first week of August 2023. This chart is related to the post published previously. Let's see how the candle flows within the Fibonacci levels.
This is the updated chart for references of accumulation phase.
FORESIGHT OF BITCOIN'S ACCUMULATION PHASE: I get the feeling we need to go back to basic as close as this unless total capitulation repeat next year in 2023.
This is the further refined 1D Chart of BTC Greatest Buy Level of All Times.
BTC is trying to reach another height on 4 hour basis.
Just ride the wave, shorting is not an option. At the current momentum, we are seeing bullishness whole week.
The pump started around US$48,350 and we are looking temporary high at +/-USS$49,325 top for now
Here we go again. Blue Pill or Red Pill scenario before it heading towards US$51,000
This is the range of BTC valuation now. It must surpassed and closed above $50,968 at some point.
This week is rather boring as you can see.
Everything is in order.
The world Stonks that dived have affected BTC. At this rate BTC could correct down to average 9,962 further. It is at the Higher Low of the Bollinger Band (top of the lower part of Bollinger Band) Look at the indication of White Bearish Cross confirmation on these three category of 4HR, 12HR, D. When BTC closed is below 10,900 by end of this week and next week ....