My dear friends... This is a strong warning because there is no time left... If you have to panic, right now it is a great moment to start doing so.
👉 Bitcoin is now trading below $60,000.
It is playing with this level and moving below it... This is a critical level.
👉 Bitcoin below $60,000 means ultra-bearish, which in turn means that the crash can no longer be extended; the next move is set to happen NOW!
Let's look at everything together...
➖ The highest volume came in RED 13-June 2024.
(strong bearish signal.)
➖ We have lower highs and clearly multiple top patterns.
➖ Almost four months with sideways with a downward bent.
➖ N-Support continues to be challenged; The more a support level is challenged, the weaker it becomes.
➖ VRVP Points to 40K. We are going for 50/52K first, the I-Support, but this indicators is pointing even lower.
The "next major support" or N-Support is the main target for this move.
We can expect this move to develop within days and maximum a few weeks to be fully complete.
This is it... This is the warning.
Prepare to experience the biggest crash since 2021.
👉 We will have a massive, long-term buy and hold opportunity all across the Cryptocurrency market once the correction/crash is over.
Thanks a lot for your support.
Namaste.
👉 Bitcoin is now trading below $60,000.
It is playing with this level and moving below it... This is a critical level.
👉 Bitcoin below $60,000 means ultra-bearish, which in turn means that the crash can no longer be extended; the next move is set to happen NOW!
Let's look at everything together...
➖ The highest volume came in RED 13-June 2024.
(strong bearish signal.)
➖ We have lower highs and clearly multiple top patterns.
➖ Almost four months with sideways with a downward bent.
➖ N-Support continues to be challenged; The more a support level is challenged, the weaker it becomes.
➖ VRVP Points to 40K. We are going for 50/52K first, the I-Support, but this indicators is pointing even lower.
The "next major support" or N-Support is the main target for this move.
We can expect this move to develop within days and maximum a few weeks to be fully complete.
This is it... This is the warning.
Prepare to experience the biggest crash since 2021.
👉 We will have a massive, long-term buy and hold opportunity all across the Cryptocurrency market once the correction/crash is over.
Thanks a lot for your support.
Namaste.
Note
Notice the weekly chart... The lowest Bitcoin is trading since February.
The previous weeks where Bitcoin was this low closed higher and on a wick.
If Bitcoin closes below 60K, it would be the first time ever to do so coming from an ATH since late 2021... Think about it!
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➢ FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
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.