I honestly think that we are about to get the best opportunity for some bounce in June but do not Expect anything like New ATH, Good opportunity to take some good profit off BTC if you got caught by the dip, to buy it lower because I do still see a good much better buy entry below 10K coming to BTC, Can we break 10k?😱....
Now This sounds impossible to some people But the price action is calling the unbelievable but this is not the time to fear instead it is the time to save up to buy the cheapest bTC you will ever get in the next 20years to come. After this weekly and monthly chart retest that I do see 10k t0 8k possible range being touched but after this down move be warned that 200k will not hold BTC.
Because weekly and monthly chart Pivot will take a year to play out, this means that this dump to 10k to 8k I see coming could last for the rest of 2021 But we will get bounces in between.
We have a pending Bounce to the 48k to 54k resistance which still see taking place after this current sideways (consolidation) breakout, we likely to see the beginning like 1st to 2nd week of June 2021 is likely to see the bounce and will be a bounce to take Bulls to this resistance area of this 46k to 52k resistance but I do see a strong rejection before BTC can make it to 60k, The bulls will fail to break the last ATH because of the strong 3 bear bar reversal candles already currently printed on the Monthly chart Below.
Mind you, We are still going to 200k but definitely not this year, as we will get a long time sideways that could last for the rest of the year till probably the Nov to Dec 2021.
Now do not ignore this strong warning on the monthly chart, Because this will be another other for whales to gather huge BTC below 10k to 8k range.....we are in a strong breakout retest on the Monthly chart so beware of getting trapped thinking we will see a New ATH soon.
THIS IS JUST THE BREAKOUT OF A STRONG BULL RUN TO 600,000 that has never been seen in History so make sure you save up to buy this retest on the monthly
Now This sounds impossible to some people But the price action is calling the unbelievable but this is not the time to fear instead it is the time to save up to buy the cheapest bTC you will ever get in the next 20years to come. After this weekly and monthly chart retest that I do see 10k t0 8k possible range being touched but after this down move be warned that 200k will not hold BTC.
Because weekly and monthly chart Pivot will take a year to play out, this means that this dump to 10k to 8k I see coming could last for the rest of 2021 But we will get bounces in between.
We have a pending Bounce to the 48k to 54k resistance which still see taking place after this current sideways (consolidation) breakout, we likely to see the beginning like 1st to 2nd week of June 2021 is likely to see the bounce and will be a bounce to take Bulls to this resistance area of this 46k to 52k resistance but I do see a strong rejection before BTC can make it to 60k, The bulls will fail to break the last ATH because of the strong 3 bear bar reversal candles already currently printed on the Monthly chart Below.
Mind you, We are still going to 200k but definitely not this year, as we will get a long time sideways that could last for the rest of the year till probably the Nov to Dec 2021.
Now do not ignore this strong warning on the monthly chart, Because this will be another other for whales to gather huge BTC below 10k to 8k range.....we are in a strong breakout retest on the Monthly chart so beware of getting trapped thinking we will see a New ATH soon.
THIS IS JUST THE BREAKOUT OF A STRONG BULL RUN TO 600,000 that has never been seen in History so make sure you save up to buy this retest on the monthly
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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.