CryptoCheesus

CryptoCheesus

I'M SATOSHI TOO LOL

CryptoCheesus

@Playingnew

CryptoCheesus

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CryptoCheesus

dumps follow volume spikes lol

CryptoCheesus

nice and squeezy -__-

CryptoCheesus

good exit pump for the old timers

CryptoCheesus

Noob makes a fractal

CryptoCheesus

Could be make or break in the next month or so. Plenty of downside and upside, ride your winners. But if this heads down, be sure to sell your bags.

CryptoCheesus

Will either get trend continuation or a breakdown.

CryptoCheesus

If we look at the original deadcat bounce and extrapolate the time to fit our most recent deadcat bounce. We can see how much longer this bear trend could play out.

CryptoCheesus

There was plenty of talk of bitcoin doing the double bubble pump, based off prior price patterns from years ago. I would like to put forward this idea that bitcoin is in a similar trend that occurred in 2014, resulting in a drawn out bear market. If we are unable to push higher here and reverse, I would not be surprised if this bear markets continues for over a year.

CryptoCheesus

If this level fails to hold look for a break down to 3300 sats. I am however looking for this to hold and push back up, especially if BTC fails to make another bull run.

CryptoCheesus

Is this make or break for the bull run? Will it be postponed for a longer bearish cycle?

CryptoCheesus

We can see that below 10.7k, the 10k psychological barrier will probably not be big enough to stop BTC going down around 9k for the next level of support. Based off the volume profile seen on the right. Do also note bearish divergence on the RSI. Above 12k however and there may be no stopping us before we reach 20k. I am currently waiting for a breakout in...

CryptoCheesus

Signalling the end of a parabolic run?

CryptoCheesus

This channel has be holding strong. Will it continue and take us to 10k?

CryptoCheesus

8k with a pullback?

CryptoCheesus

Looking at the one hourly chart. We can see we are currently still trading in a side-ways pattern that has been going on for an entire week now. We still have the 8000 level providing over head resistance, while this level holds I remain bearish until proven otherwise.