BitcoinUpdated Massive 'W' pattern on 3D (Bitcoin $BTC)
BTC... What if... Bullish Macro 'W' Pattern. Potential target around 150k in the later half of 2022. Completely speculative of course but believe it is possible. These
long accumulation periods will be allowing the whales to load up. Key technical points to note are RSI bottoming out, entering strong volume supported VPVR levels, touching on key spider line supports. Feer and Greed is also in extreme fear. One year ago we were at the same price levels and in extreme greed. We can definitely head lower to 30/20/10k from here but the big boys will be in some real trouble if we drop below 30k. Watching & waiting...
long accumulation periods will be allowing the whales to load up. Key technical points to note are RSI bottoming out, entering strong volume supported VPVR levels, touching on key spider line supports. Feer and Greed is also in extreme fear. One year ago we were at the same price levels and in extreme greed. We can definitely head lower to 30/20/10k from here but the big boys will be in some real trouble if we drop below 30k. Watching & waiting...
Note
Prediction tracking well so far. BTC has bounced off oversold levels but now meets a spider line resistance. Expecting we retrace back down soon to 34k levels before solidifying a bottom. Excellent chance to accumulate. Do not miss this - when we start heading back up above 40k, the rocket will take off.Note
Still a possibility that we see a quick drop to 30k as well. Be prepared for that if it happensNote
Update - tracking well, still ranging sideways for nowNote
Moonshot in progress, expecting continuation to 50/60k with dips along the way
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.