Updated

BTC going sideways and we will look for ALT-season.

Hello! Long time.

Hope we are good, we are profiting, we are safe and sound.

Long story short. Chart says it all, we are in fractal land, one can only hope to get btc cheaper than 40k, but with all likelihood, this will be a sideways affair.
This on the other hand gives plenty of time and room for btc.d to cool down, and let the alts breather fresh air. The time of the alts is now, until btc is ready with accumulation.

Have fun, trade alts, and be risk-managed.

-B

Trade active

Note

Keep in mind there is still a possibility for 20k touch and go. I had this in mind since way back. Here is the chart that has been unfolding perfectly thus far. s3.tradingview.com/snapshots/z/Z5HxZcHf.png

Trade active

This ought to be the bottom area, obviously we can expect some bleeding under the support just for the scares but otherwise a rebound should be happening any moment now.

Trade active

As stated in last update, the bleed happened just to shake the weak hands out followed by a push. It's following the pattern perfectly aiming up to 50k within short. All seems to go according to analysis, stay tuned.

bnqview

Related publications

Imagine not buying here...

by bnqview

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.