Is Crypto Winter coming to an end? 🐬💰💰

Updated
Happy June everyone,

We wish you and your families a nice summer.

As we welcome the onset of summer this June, Bitcoin enthusiasts prepare to navigate the ever-fluctuating landscape of cryptocurrency. The arrival of summer often ushers in heightened Bitcoin trading volumes and increased market volatility, making June a potential hotspot for action in the crypto realm.

Just as the summer sun radiates optimism, so too does this season seem to fuel bullish sentiment in the Bitcoin market. Yet, akin to a sudden summer storm, the volatile nature of Bitcoin is ever-present. Now let's look at the chart:

🌌The 'Flux Corridor
Investors must ready themselves to adeptly traverse the 'Flux Corridor,' the notorious 28K-40K range. With June setting the stage, the season for critical observation, strategic planning, and potential growth in the Bitcoin world has begun.
April's attempt to enter the Flux Corridor was incomplete as the price got a rejection at 31k and lies on support at 25,500.
Will the debt ceiling rise decision in the US offer the price a boost into the 28k-40k range?
This remains to be seen.

🐬The 'Summer Line'

An ascending trend line with biennial significance in the Bitcoin landscape, has served as both Support (S) and Resistance (R) in the heat of every other past summers.
In June 2019, it proved a formidable resistance, while by July 2021, it transformed into supportive ground. Intriguingly, if this pattern maintains its rhythm into the current summer, the Bitcoin price would need to ascend to approximately 42,000. This level not only perpetuates the 'Summer Line' narrative but also marks the upper boundary of the dynamic 'Flux Corridor', enhancing its importance in the ever-volatile journey of Bitcoin trading.

🌅⛵ From Mid-Wave Peak to Halving

The ebb and flow of Bitcoin's market, much like the rhythmic dance of summer's ocean, is punctuated by significant events that we've marked as dolphins 🐬 and waves 🌊 on our chart. The dolphins represent Bitcoin's halving dates, marked with striking orange lines that symbolize significant turning points in Bitcoin's journey. These dates are critical, often ushering in shifts in the cryptocurrency’s value. Between these halvings, in periods painted cyan, we find the waves. These interim stages signify periods away from halving, where the price navigates through varying levels of volatility. As we observe Bitcoin's price fluidly moving from cyan to orange, it weaves a captivating narrative of transition and transformation within the cryptocurrency seascape. The chart serves as a visual beacon, guiding us through the dynamic currents of Bitcoin's market trends.

Will the support stand at 25k and the Bitcoin temperature can rise or is the winter not over?

One Love,

The FXPROFESSOR 🗺️

ps. SEC starts the month with FUD attacks and historically those tend to be great times to buy:
💀🔥Kinkos attacks e-mail. The SEC's analogy 🍀🍀
Note
snapshot Live at support
Note
snapshot
Note
snapshot no rate hike but the Feds say they might hike again later....

no hike sounds like bullish news in my ears since inflation is lower! I remain Long
Note
snapshot

25150-25200 is now again support.. You can delay us but you can not stop us... Professor is Long
Note
Let's go: snapshot Breakout mode
Note
time to enter more? snapshot
Note
BTC Updated mini chart: snapshot
Note
snapshot updated chart and key levels
Note
MARKET LIQUIDATES HARSH BUT REBOUNDS OVER 30K: snapshot
Note
video update
Note
time for a breakout tonight?
Note
snapshot still flirting with the massive breakout..let's see!
Note
snapshot
Note
snapshot
Note
Let's Go: snapshot
Note
snapshot
Note
snapshot Time to break higher to 31k and 40k mark
Note
snapshot Let's see if the FEDs signal at least the end of rate hikes...
Note
snapshot Let's go!!!
Note
snapshot You had been warned
Note
snapshot BTCUSD, 15, Heikin Ashi Crossing Trend Line. Possible support at mid-channell
Note
snapshot 💸🆒BTC attempting the Epic breakout! if we break over 27k we get a proper Bull Run!
Note
snapshot
Note
watch today's posts on Nasdaq and BTC for updated charts and levels. Interesting day it will be!
Note
snapshot updated levels
Note
snapshot updated levels in play
Note
snapshot hello October
Note
snapshot
Note
snapshot
Note
snapshot btc update
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot Revised target
Note
snapshot Updated levels
Note
snapshot
Note
snapshot updated levels
Note
snapshot market is sexy! until we hit that yellow resistance
Note
snapshot update
Note
snapshot Just an update on the way to 40k. chart has worked perfectly
Note
snapshot v some Resistance now for Bitcoin
Note
tradingview.com/x/LevE0ZJM/Updated levels...we got the resistance with perfection...(again)
Note
snapshot
Note
snapshot on the way to the big target..and then? Stick around for updates!!!
Note
snapshot updated levels for BTC
Note
snapshot updated levels
Note
snapshot updated mini-chart
Note
snapshot new ALTS Pump inbound?
Note
snapshot just a nice correction always in play.. nothing has changed . en route to target
Note
snapshot Major support for BTC is now. Rebound?
Note
snapshot check my new post on 'Sell the News'
Note
snapshot update
Note
snapshot you had been warned..again and again
Note
🌐Tokenomics Evolution:
BTC vs CRGPT ( Bitcoin's Baby with AI)
Link:
Tokenomics Evolution: BTC vs CRGPT ( Bitcoin's Baby with AI)
⭐️
Bitcoin (Cryptocurrency)BTCUSDChart PatternscryptomarketFundamental AnalysisTrend Analysis

💎 BitMart VIP: bitmart.com/invite/FxProfessor/en-US – Find details on fxprofessor.com

🌟 CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/

🌐 Public Telegram: t.me/fxprofessor88
Also on:

Related publications

Disclaimer