humboldtbros

humboldtbros

Whats up Bitcoiners. I believe this is the overall macro pattern we are in. were currently sitting on top the wedge so its possible for a break to 23k with the over bullish sentiment. After I believe we are missing wave 5 down to take us to the bottom of the wedge at 15.8 before we finally break upwards out of it. Sometime in August is my belief.

humboldtbros

Bitcoin is about to break down this wedge out of a rising wedge and head to 19.2

humboldtbros

Cup and handle on the dollar. we broke some days ago. Target is 110.64. I think that will cap tbe bull run and it should start to come down from there.

humboldtbros

After breaking down from a wedge with a 15.6k target ultimately, Bitcoin has entered a Bear flag which has a 20k target. We have technically had three high and three low touches on the bear flag on lower time frames but one was very close together. If this doesn't break down soon, then it could head to 21.3 for a final tap of the flag before we head lower.

humboldtbros

There is a bear flag on the 1 hour after breaking down from a major wedge. The wedge has a 15.6 target and the bear flag a 20k target. I expect downside today.