Are you team Yellow or team blue? Comment bellow! No financial advise.
Are you guys ready for 12000 BTC? I know its a bold idea but the current situations in the markets favour such kind of a shake out. Also retraceement levels align perfectly with bottom channel line. Lets hope that this move never happen. No financial advice!
For all of you who think btc might go higher from here: its possible but I see a more likely scenario for btc. Look at the chart and you will find out a big confluence zone at 7.3k: MA 200 and historical support line and 0.618 retracement that wants to be tested. So, no more explanations needed. Lets see how it plays out! No trading advice, trade at your own...
history tend to repeat; and why i think btc will reach a new ATH this year! when we look back in 2014 bulls run, we can see that there where two bull runs on the same bull cycle (one in 2013 and one in 2014). After the agressive move of btc last days, we can see that btc entered the same channel (bull cycle) it formed back in 2018. So we are now back in the...
wedge formation - ...we still in the internal correction, bitcoin -0.36% is going down on more time, good short oportunity for bears.
for now it look like we have a wave failure an we could go down to test the green trendline at 7500.-
soon we might see a correction on bitcoin to 0.5 or 0.618 or even lower, maybe we see a wave failure on wave 2 and we are sliding further down
Nothing to say about the trend, look at the chart and form your self opinion! Do we still in the 12345 correction? History tend always to repeat.