jbezos99

jbezos99

Bearish divergence, a horizontal triangle, alts are bleeding. These indicate 1 thing and thats a correction, with a subsequent alt boom. My guess is 7200-7500 which is not only the target of the triangle but also a strong support on fibs retracement. Lets see what happens. 90% bearish 10% bullish

jbezos99

Altough many people are reffering to btc features chart to show that bitcoin is going to fall even below 8k, i could not dismiss the wedge. personaly i believe there is 50:50 chance for a bounce from roughly 7.5-8.5 and from around 9-10k.

jbezos99

So, it turns out that it was an ascending triangle rather a natural one. this confirms the bull market unless we are in a bull trap. first we might see 7800ish then to 9800 lets see what happens.

jbezos99

Here is a well prepared chart to witness history being made live.

jbezos99

So, yesterday bitcoin was challenged by 7900 resistace and could not break it. Maybe this time this falling wedge and breakout will provide the boost for it to break it. If we get above 7900 we will also breakthrough the monthly triangle that btc had been forming. If we can do so, 8200 T1 and 8500 T2. Bullish = 75% Bearish = 25%

jbezos99

Lets see if it plays.

jbezos99

Which way do you think we are heading, up or down?