Decision point. Possible retest of channel before heading higher. Target 22k GBP (26.3k USD). Or possible fakeout before heading back south. Target 17k GBP (20.4k USD).
Which do you think?
4th july 22'. 'Murica!. Seeing this on the daily. Seems pretty textbook to me.
Cant really see any indicators that btc, the general markets, or economy, has bottomed yet, so this makes perfect sense to take us to somewhere near the floor over the next couple months.
The previous halving macro cycles show that the top to the bottom typically takes about a year....
With Symmetrical Triangles they can break either way but I favour to the upside using the "The Triangle Apex" theory as a change in trend!
thepatternsite.com
changpeng Zhao, chief executive at the world's largest, exchange Binance, said “it's not our decision to make to freeze user accounts,” nixing calls for major crypto exchanges to ban all Russian users, after Russia invaded Ukraine.
BTCGBP:
This is a brief overview of BTC price denominated in Pound Sterling, I believe Bitcoin remains in a SUPER bull market, my personal Elliot wave count is marked on wave 5. This means that we currently are in wave 4. My orange dashed trend line is the lowest price bitcoin could retest, although this is statistically low in probability, we must understand...
Bitcoin is seeing higher highs and higher lows indicating that we are not yet in a bear market. i also believe that bitcoin is about to break out hopefully to a new high due to the extremely low prices which many whales are buying at to hold for a long time leading to a reduced supply therefore causing a higher price.
however, bitcoin may not break out as in...
Good morning traders, do we have any crypto investors on here?
Been monitoring the £30k mark for a while now to begin loading up. Is this the dip to begin buying on before we get back down to £22k?
Where will price go after? Will we see the well awaited push to £100k that many have anticipated or will Bitcoin continue to dump?
So many questions being asked, so...
