Moosio92

Moosio92

Unfortunately we have to admit that BTC bull run is over. Bitcoin could not surpass the midline of the previous channel. The price was rejected from there and created a down trend. My assumption is by the end of 2022 it would go as low as 15k which sound like a joke but it is very possible. and the next bull run starts in 2023 from the bottom of the new channel I...

Moosio92 Updated 

Two weeks ago we have seen a high volume bearish candle which broke the descending triangle. The target for this pattern is $5200. However for that to happen BTC has to break critical points at $7200 and the $6200.

Moosio92

I have been short on BTC since while ago. According to my last analysis the first target for BTC was $7200. Two days ago BTC hit $7300. In the recent week, we have seen another powerful bearish daily candle breaking previous supports. Reverse head and shoulder is obviously recognizable, as shown on the chart. Target for this pattern is around $5200-5300. In my...