As the most of alts follows Bitcoin and showing a huge triangel pattern and most of them have broken out but not all. On weekly it could start breaking 50RSI and starts trending. Dot showing it could reach 20$ in May with its bull rsi div and triangel breakout.
$BTC update When Bullmarket again?
We could see a small pump to around 26k. And then Big collaps to around 10-14 and then complete a 5th wave and a bottom .
This is the time to accumulate more $BTC every time it dumps
Allways take up the chart and draw it yourself and make up your own opinion ..
Bullish divergence on Daily. It has broke up RSI trend, 4 hr broke 50RSI.
Five waves possible complete down.
A possible 188% move up to 236 fib to 14.3kr. Reclaming 236 and we will aim for 20kr.
Could make a stop on around 4 kr.
Big plans for 2022: Three new farms, a rebranding and introduction of new products
Here is some thinking around why I remain bullish. And why I think this area over 46-48 a good buy. Loosing this I think maby 29 and bear market.
First I was think top in desember but more likely a top in May I think now.
Are we going up soon?
We are forming a falling wedge and some Divregences is showing up. Breaking out of this and we could buy at a retest of 236 fib at 58650 and we actual can head to our target 85k on BITCOIN . MOre riskier you can buy at the actual breakout of the trendline.
Triangel formation broke up, same as $KCS did. $KCS did a solid run up. And coins like $LTC, $XRP and $XLM lagging behind. Think minimum target on $XLM is 0.9$. That is the hight of triangel. But if we get a breakout over in fib extensions we can head as high as 3$