We are officially in a double bottom breakdown structure on the p&f chart! As i explained in my previous analysis, this breakdown will take us down between 14-16k.
This structure started playing out on July 2nd when the reversal of the current downward column has kicked in:
So, this is nothing unexpected if you followed my previous analysis. Let's see where it stops, if it stops :)
Speaking of following, i have been warned by one of my followers - comprehensiveC46563 - about an Indian youtuber - open4profit - who actually copied my analysis in his video:
See how he changed the colors and copied my analysis to the letter. It's amazing how he made hundreds of thousands of followers, just by copying people and making money of off them, he's abviously open for profit! I don't have much to tell to these people. If you are so desperate to do this, and not give any credit, i can only pity you!
Beware of these miserable people and learn trading. I've added a free resources section to my signature so everyone can do this on their own. Feel free to ask questions and i'll be happy to answer / iterate on this resource page.
All the best!
Note
Here's the update of the bullish case w/ volume profile
Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
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.