Please check the chart linked below I have posted since Dec 30, 2021.
We are now in the neutral territory which I believe is stuck between the bottom blue box and dark green above it, as drawn in the chart.
As mentioned in my previous chart, the flash crash will happen if it closes below the bottom blue support box. We need it to hold that support zone.
If BTC goes sideways, start eyeing the low market cap alts. If it pumps, I honestly doubt the 52k top will be broken.
I have tried to highlight the bearish scenario in this chart. In the other linked chart, you can see the bullish scenario - which is still not "very" bullish.
We are now in the neutral territory which I believe is stuck between the bottom blue box and dark green above it, as drawn in the chart.
As mentioned in my previous chart, the flash crash will happen if it closes below the bottom blue support box. We need it to hold that support zone.
If BTC goes sideways, start eyeing the low market cap alts. If it pumps, I honestly doubt the 52k top will be broken.
I have tried to highlight the bearish scenario in this chart. In the other linked chart, you can see the bullish scenario - which is still not "very" bullish.
Note
We will see pumps to 40k, but our focus is on the long term! those mini pumps to 40k don't mean much.Note
I have new updated charts on my profile now
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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.