BTC Outlook For The Weeks Ahead!!!
Updated
Hello Everyone,
I have decided to post free market idea's every week or so for free, so everyone can see what i see backed by REAL data.
As you can see using Liquidation Data, Net Long/Short Data, Levels/Zones and some other analysis, we can see where the market is likely to move. Especially as we move into halving in a months time.
We can see that there's likely liquidation events that are in correlation to the historical levels, open orders and there's really declining volume in the market right now.
My targets are $66,000 and $69,100 for the next push up to liquidate shorts, before heading back down to the first level of $60,000-$62,200 where there's our first zone, their is a possibility for this to hold through halving, but i see the $48,800 - $53,200 zone settling pre-halving or just after. It makes sense on all accounts for ETF's as they're still having net in-flows for the market eg. BTC, which means once prices drop more will be bought up quite quickly.
For the week ahead i am looking at 2x moves, Long to that $66,000 zone, Short to that first $60,000 zone.
There's USA GDP Growth Rate, Cpre PCE and Personal Income and Spending this week aswell which means there's likely that volatility.
If you like these free idea's. Please support us, we love giving out free scripts and ideas and there's alot more to come.
Thanks
Mxwll Capital Team
I have decided to post free market idea's every week or so for free, so everyone can see what i see backed by REAL data.
As you can see using Liquidation Data, Net Long/Short Data, Levels/Zones and some other analysis, we can see where the market is likely to move. Especially as we move into halving in a months time.
We can see that there's likely liquidation events that are in correlation to the historical levels, open orders and there's really declining volume in the market right now.
My targets are $66,000 and $69,100 for the next push up to liquidate shorts, before heading back down to the first level of $60,000-$62,200 where there's our first zone, their is a possibility for this to hold through halving, but i see the $48,800 - $53,200 zone settling pre-halving or just after. It makes sense on all accounts for ETF's as they're still having net in-flows for the market eg. BTC, which means once prices drop more will be bought up quite quickly.
For the week ahead i am looking at 2x moves, Long to that $66,000 zone, Short to that first $60,000 zone.
There's USA GDP Growth Rate, Cpre PCE and Personal Income and Spending this week aswell which means there's likely that volatility.
If you like these free idea's. Please support us, we love giving out free scripts and ideas and there's alot more to come.
Thanks
Mxwll Capital Team
Note
Push Zone Hit. Depending on DXY we could see BTC and S&P push a little higher at NY open.
Sluggish volume on BTC atm though.
Note
Indecision now at this 70k ish level. Looks weak at the moment but may trap some people into the weekend up at 74k. I do see the pullback happening within the next 7 daysNote
Pullback to 66k hit, see where the week takes us now. I wish i could update here with pictures of progress.Note
We now tag the 59.8-60k zone perfectly as projected. Going very very so far.Note
Super Close now to moving into that 52k area. This bounce is quite weak. See where we unfold from here.Note
Bounce back and rejection from 66k, Inflation and other factors next week. DXY now looking strong, we could start making this push down soon. Alts will also suffer 15-30%.Note
sorry i havent updated for a while. But we can see a strong case now for a shift into the 58k area, possibly even further. S&P is absolutely crushing it and i dont believe we will get anything or macro money until it cools.Note
This 56k range looks like it could definitely tag again, liquidity gap and loads of liquidity still down there to be taken
Note
We are now approaching 52k, we are at 54k right now with sell pressure high. Insane to think i said this months ago.
Note
So played out from March, pretty insane. That how order flow and macro analysis can help so much. Now we eye 70k. 
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