$BTC 1 Hour again Update Possible ATH what if 99k was shoulder??Imagine that (I’m don’t make predictions for you to use on the market and it’s not advisable) the market we see on CRYPTOCAP:BTC and the 99.8k pump was just the shoulder of this bigger picture?
This could be exactly what the bulls are waiting on but maybe it’s not also. What do you think??
Please add some comments that are constructive so we can all work together to make more gains!
1-BTC
$BTC possible flip upward to new ATH? 1 hourSo I’m not an amazing trader and I don’t make your trades this isn’t advice as I am my own finacial adviser and that is how anyone trading should be so you can’t use this as a future prediction as I do not predict the future. Not finacial advice.
Please add any useful comments so we can grow and make money trading on the crypto markets!
BITCOIN Happy Thanksgiving with history on Bulls' side!!Happy Thanksgiving to everyone! As every year, we pay our tribute on this day with a historic run of Bitcoin (BTCUSD) on Thanksgiving days! Last year (see chart below) we made a $80000 call for today and we couldn't be happier that the market surpassed that:
This year we bring you a (much) simpler fact and that's the number of bearish signals on that day. Bitcoin has lived through 14 Thanksgiving days (excluding of course today) and only 3 have resulted in immediate bearish activity (2021, 2014 and 2013). Even the November 23 2017 Thanksgiving that was near the Cycle top, gave another 3 years of +150% gains before peaking.
You can see the previous Thanksgivings by scrolling left through the chart but it is obvious that due to BTC's cyclical behavior, the vast majority of Thanksgiving is an excellent time to invest. And today is no different as we still have almost another full year of Bull Cycle ahead of us (even more so its most aggressive part!).
Whatever trading actions you decide to make today, we wish you a blessed Thanksgiving!
So do you think this is a buy opportunity as history suggests? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
$BTC $BITCOIN TO DROP BELOW $80,000 ON TURKEY DAY GOBBLE GOBBLEI am of the opinion that Bitcoin is overbought and the crypto whales will bring us down to the level shown on chart. IF that level breaks, then I predict a possible final move to 56,000 with an instantaneous flash correction up 15% following arriving us at a consolidated price of about 72,000...
Next BTC TargetsPrior to each major bull run, Bitcoin consolidated within triangle patterns, as seen in 2016–2017 and 2019–2020. These patterns signal periods of accumulation before explosive moves upward.
Currently, the chart shows another breakout from a consolidation zone in 2023–2024, resembling the pre-halving behavior of earlier cycles.
Historically, Bitcoin's price increases 10x to 20x from its bear market lows following halving events:
2016: From ~$500 to ~$20k (40x).
2020: From ~$3.5k to ~$69k (20x).
If Bitcoin follows a similar trajectory from its 2022 low of ~$16k, reaching $180k to $280k represents a 10x to 15x increase, which is consistent with prior cycles.
The chart illustrates how historical patterns, halving events, and technical formations contribute to Bitcoin’s potential to reach $180k as a minimum and $280k as a maximum in the next bull cycle. These targets are plausible within the cyclical behavior and long-term growth trend of Bitcoin.
Bitcoin stall continues but will we see another push at 100K?Hi, Trading View community. Thanks for reviewing today's update. We have also examined Bitcoin.
It's been a while since our last broker update, but we could not ignore the amazing gains that crypto has been seeing lately.
Today, we examined Bitcoin's lead-up and break-out and a few scenarios based on off-price hitting different levels. Another factor we have looked at is a new record touch and whether that could lead to heavier selling, as we saw back in the COVID rally.
What do you think? Will we see 100K before Christmas? Or do we need a deeper pullback/correction before we see a rally break into the 100K area?
Good trading from Eightcap
Crypto Stonks Are Booming! Top Crypto Stocks to Watch NowFrom Memecoins to Mega Stocks
While crypto traders have been focused on finding the next big memecoins like Doge , crypto-related stocks have also been performing well this year. In today’s analysis, we’ll dive into some crypto related stocks you might want to keep an eye on
1. Coinbase ( NASDAQ:COIN )
First on our list is Coinbase, the top US crypto exchange with a market cap of $48 billion. Since its IPO in April 2021, Coinbase has gained a reputation as a trusted exchange known for its regulatory compliance.
Besides its exchange services, Coinbase offers a self custody wallet popular among the crypto community, with over 10 million downloads. In February 2023, Coinbase launched its own layer 2 blockchain, Base , which has since recorded over $1 billion in total value locked and averages daily transaction volumes of over $400 million.
Coinbase has also played a part in advancing spot Bitcoin ETF approvals, forming a surveillance-sharing agreement with the Chicago Board Options Exchange in July 2023. Additionally, Coinbase partnered with **Stripe** in June to boost the global adoption of USDC. This partnership enables crypto payouts and a fiat-to-crypto onramp, making it easier for users to buy crypto with credit cards and Apple Pay through Coinbase Wallet. Coin is up over 350% since our first signal
2. MicroStrategy ( NASDAQ:MSTR )
Next up is MicroStrategy, with a market cap of $26 billion. Known for its business analytics software, cloud services, and AI-powered analytics, MicroStrategy is more famous for its Bitcoin holdings, driven by the advocacy of Executive Chairman Michael Saylor.
Under Saylor's leadership, MicroStrategy became the first public company to adopt Bitcoin as a strategic investment in August 2020, citing its potential as a store of value. The company accumulated over 121,000 BTC by late 2021 and continued adding to its holdings, despite price volatility and leverage risks. As of 2024, MicroStrategy’s Bitcoin holdings have reached 226,500 BTC, and the company’s stock hit new all time highs, demonstrating its strong correlation with Bitcoin's performance. Mstr is 100% up since our first signal
3. Block ( NYSE:SQ )
Formerly known as Square, Block is a fintech company founded by Jack Dorsey and Jim McKelvey, with a market cap of $38 billion. Starting with small-business payment solutions like Square POS, Block launched **Cash App** in 2013 to provide a user-friendly platform for consumers, competing with services like PayPal and Venmo.
Cash App generates revenue through transaction fees, subscription payments, and Bitcoin sales. It even supports the Lightning Network for quick Bitcoin transactions. Beyond payments, Block owns a majority stake in Tidal, a music streaming service, showing its diverse portfolio.
4. Robinhood ( NASDAQ:HOOD )
Lastly, we have Robinhood, with a market cap of over $15 billion. Founded in 2013 by Stanford graduates Vladimir Tenev and Baiju Bhatt, Robinhood became known for its free, user-friendly trading app, which gained significant popularity during the COVID19 pandemic
Robinhood found itself in the spotlight during the 2021 GameStop and WallStreetBets saga, where it faced backlash for restricting trades on memestocks like $GME. This led to a lawsuit and a $70 million penalty from FINRA for misleading customers and service outages. Despite this, Robinhood continues to grow, boasting 23.9 million funded accounts and nearly $130 billion in assets under custody as of May 2024.
Robinhood has made some notable moves recently, including acquiring Pluto Capital, which provides AI-driven investment advice, and securing a deal to acquire crypto exchange Bitstamp.
Wrap up
If you’re wondering about Bitcoin mining stocks, don’t worry we had a separate analysis just for that. Crypto Bull market just started and be ready for more analysis
which stock or crypto coins you are bullish now and why?
Too many patterns to suggestMorning folks,
Surprisingly, but BTC has not come to 102K target directly. Despite a lot of panic headlines in media about 8+% drop - nothing awful has happened. Very small retracement and inside week.
In some way 102K target will be reached, no doubts. But right now it is impossible to say in what particular way this will happen. As there are too many patterns that we could suggest. Here, on the chart we already have three of them. On daily chart it might be another two.
Keeping it simple, the concern is about how BTC will go higher - either right now or after deeper retracement.
Since today a Holiday and we will have a weekend soon, we think it would be better do not hurry up and postpone everything until Monday. There might be some clarity.
Repeating Pattern on 4h Chart?Possible repeating pattern to the leg up from 65 to 98k. Yellow arrow shows where we are in the same setup that is highlighted by the orange rectangle.
If this is true, we'd see something like a drop from here to mid-to-low 80k range before finding enough buyers for the push above 100k.
Long-term long, short-term short.
Reminder that there is a daily CME gap yet unfilled below this area however, around 78 to 80.7k:
BTC (4H): Breakdown and RetestBTC took a recent upside move but could not break previous High (formation of LH).
Price is making LH, LL after making ATH recently
Price was moving in Ascending Parallel channel and shows breakdown & retest. Target price is specified on the chart to get benefit from another buying opportunity.
BTC H4 Descending Broadening WedgeBitcoin is currently trading within a Descending Broadening Wedge that appears to be completing and ready to flip bullish. RSI is 51 at time of publishing. Price action fell through the 50 sma and then recovered at the 100 sma. It then temporarily lost the 100 sma and recovered it. PA is currently sitting on the .5 extension.
The bottom of the price action has also formed a "v" recovery. I think this area is bottom.
Key levels to watch for after the breakout are marked with green horizontal lines and correspond to fib extensions.
Not financial advice. Do your own DD.
Thanks for viewing the idea.
ETH 1M brief analyzeHi Traders,
ETH is looking good heading to new high with momentum candle.
All we need to is finding out how ETH is react at Order block whether price correction
is initiating or pushing up higher to the new high record price.
In comparison with BTC for last a month , there has been no much liquidity in ETH.
Probably, I guess because of BTC domination.
I believe there is still strong potential that ETH will go new high.
We only need to wait BTC start off sideways, then Market liquidity flows in Altcoin market.
3 RULES
BUY
SELL
WAIT
Make sure set up the Stop loss all the time.
There is always opportunity as long as you are alive in the market.
Sideways until around December 3rd (???)
(Title) The point of interest is whether it will move sideways until around December 3rd
---------------------------------------------
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
The key is whether it can rise with support near the high point area of 96372.40-98892.0.
If not, the point of interest is whether it can move sideways in the box area of the HA-High indicator of 91792.14-98871.80 until around December 3rd.
-
Because the gap between the M-Signal indicator on the 1W chart and the M-Signal indicator on the 1D chart is wide, I think it is important to see whether it can move sideways from the current price position.
If it falls below the M-Signal indicator on the 1D chart, it is likely to fall near the M-Signal indicator on the 1W chart or the HA-Low indicator on the 1D chart.
-
If the sideways movement continues until around December 3, I think it is highly likely that an upward movement to break through 100K will begin.
At this time, you need to check the movements of the BW and StochRSI indicators.
I will tell you more details at that time.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
-----------------
BTCUSD: Is 300k a realistic target?Despite the weekly correction, Bitcoin remains bullish on its 1D technical outlook (RSI = 66.961, MACD = 5631.400< ADX = 43.561) and even overbought on the 1W timeframe (RSI = 74.750). That is because the market has started the final parabolic rally, the cycle's most aggressive phase, supported by the 1W MA50. It can stay overbought until the top, the end of the cycle. Based on the 1W CCI, we may be in a 3 week consolidation stage before the rally resumes. According to the previous Cycle, this happened a little over the 0.5 Fibonacci level. Taking a +1,895.45% rise from the bottom, we can see that the exact same position is applied on the current Cycle and stage.
Does this mean that we can see $300,000 as this Cycle's top? Technically yes but it goes against Bitcoin's Theory of Diminishing Returns. Of course, this Cycle is different as we are already over the previous Cycle's ATH, while in November 2020 we were exactly on it. This is due to the launch of the Bitcoin ETF, which has accelerated its growth, so maybe the capital inflows will extend this Cycle beyond what should have been based on the diminishing returns.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Bitcoin: Is the Psychological Barrier of $100,000 Within Reach?Bitcoin: Is the Psychological Barrier of $100,000 Within Reach?
Bitcoin continues its impressive rally toward the psychological barrier of $100,000, driven by both fundamental and psychological factors. The rise in its value is supported by growing adoption, institutional investments, positive market sentiment, and key developments within the cryptocurrency ecosystem.
Adoption and Acceptance
Bitcoin’s growing acceptance by businesses, financial institutions, and individual users is increasing its utility and value. As more entities begin to accept bitcoin as a form of payment, demand naturally rises, solidifying its position as a viable medium of exchange.
Institutional Investments
One of the primary drivers of bitcoin’s growth is the involvement of large institutional investors such as hedge funds, investment firms, and corporations. Their entry into the market significantly boosts liquidity and builds confidence in the cryptocurrency, attracting smaller retail investors in the process.
Planned Regulatory Changes and Strategic Reserves
Future President Donald Trump’s proposals to establish strategic reserves in bitcoin and introduce cryptocurrency-friendly regulations could be game-changing for the market. Such measures are likely to attract new market participants, driving demand and increasing bitcoin’s value.
Media and Market Sentiment
Positive media coverage, endorsements from influential figures, and expert analyses play a crucial role in shaping market sentiment. Media narratives have a substantial impact on perception and can amplify investor interest, fueling price increases.
Technological Improvements
Advancements in blockchain technology and updates to the bitcoin network are improving its efficiency, security, and scalability. These innovations make bitcoin more appealing as an investment asset, contributing to its rising value.
Macroeconomic Factors
Global economic uncertainty, inflation, and the weakening of traditional fiat currencies are pushing investors toward alternative assets. Often referred to as “digital gold,” bitcoin is increasingly viewed as a hedge against currency devaluation and a reliable store of value.
The 2024 Halving
This year, bitcoin underwent another halving – the process that reduces the reward for mining new blocks by half. This reduction in new supply, coupled with sustained or growing demand, has historically led to price increases, and the current cycle appears to be following a similar trajectory.
Infrastructure Growth and ETFs
The cryptocurrency market’s infrastructure is rapidly evolving, making bitcoin more accessible than ever. The growth of exchanges, cryptocurrency wallets, and inflows into bitcoin-based ETFs are driving demand and strengthening the market.
Seasonality and an Unstoppable Trend
Seasonality is also working in bitcoin’s favor. Historically, the final months of the year often see strong performance in the cryptocurrency market. The current upward trend seems difficult to halt, and breaking through the $100,000 level appears to be only a matter of time.
Conclusion
Bitcoin remains one of the most dynamic assets on the market, drawing interest from institutional and retail investors alike. The combination of fundamental, technological, and macroeconomic factors suggests that the rally toward $100,000 could not only materialize but also set the stage for further gains.
Will bitcoin surpass this symbolic threshold, or are there still hurdles ahead? Share your thoughts in the comments.
Bitcoin Breaks $95K Pivot: What’s Next After US Inflation Data? Bitcoin ( CRYPTOCAP:BTC ) surged past the crucial $95,000 level following the release of US PCE inflation data, which came in at 2.3% YoY—right on target. This event, combined with strong technical signals and institutional interest, paints a compellingly bullish outlook for BTC.
Inflation and Institutional Moves
The US Personal Consumption Expenditures (PCE) data revealed steady inflation at 2.3%, aligning with expectations. Core PCE, which excludes volatile food and energy prices, showed a 2.8% YoY increase. This steady inflation reading suggests potential stabilization in interest rates, a scenario historically favorable for Bitcoin as investors seek hedges against inflation and currency devaluation.
Additionally, the global landscape for institutional investments in Bitcoin is heating up. Chinese publicly-listed firm SOS recently announced a $50 million investment in BTC, viewing it as a long-term store of value and predicting a $100K milestone. This strategic move signals growing confidence among institutional players, which could drive further price momentum.
Technical Analysis
Bitcoin’s current price action supports the bullish narrative. Here’s why:
1. Bullish Engulfing Pattern: CRYPTOCAP:BTC is trading around $95,900, having formed a strong bullish engulfing candle. This pattern often signals a trend reversal or continuation, indicating potential for further gains.
2. Golden Cross Formation: BTC’s chart shows a “Golden Cross,” where the 50-day moving average (MA) crosses above the 200-day MA. Historically, this pattern has preceded major bull runs, suggesting CRYPTOCAP:BTC could reach $150K by the end of the year or shortly after.
3. RSI at 67: The Relative Strength Index (RSI) remains in neutral territory—not overbought nor oversold—providing room for further upward movement. This gives traders and investors confidence to enter or hold positions.
Since May 2024, Bitcoin was trapped in a falling wedge pattern. It recently broke through this structure at the intersection of the 50-day and 200-day MAs.
Outlook: Targeting $150K?
With strong fundamentals—rising institutional adoption and favorable inflation data—combined with powerful technical indicators like the Golden Cross and bullish engulfing patterns, Bitcoin appears poised for a substantial rally. We predict BTC could hit $150K by Christmas or early 2025.
Investors should watch key levels: maintaining support above $95K will be crucial, with near-term resistance at $100K. If CRYPTOCAP:BTC sustains momentum, a breakout above this psychological barrier could trigger a parabolic move.
Final Thoughts
As Bitcoin’s narrative strengthens with macroeconomic and technical factors aligned, now may be an opportune moment for investors. Stay tuned—2024 might end with Bitcoin rewriting crypto history.
Here's what I see playing out for BTC!The holiday season is near, and it’s going to be tough for Bitcoin to break past the massive 100K resistance wall. Here's what I see playing out on the 8H Chart!
🔹 We’ve retraced to 91K and are now trading around 94K USD, bouncing off the preliminary fib line on the 𝘋𝘍𝘙 indicator (see pic 1). This suggests that the strong downtrend may be over, but we need the candle to close first to confirm. There’s still a chance we remain in a downtrend, just at a slower pace.
𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼𝘀 𝘁𝗼 𝗪𝗮𝘁𝗰𝗵:
𝘚𝘤𝘦𝘯𝘢𝘳𝘪𝘰 𝘈 (𝘉𝘶𝘭𝘭𝘪𝘴𝘩):
BTC moves up towards 96.5K-97K USD and faces heavy resistance. If we manage to break above that level, there’s a solid case to revisit the ATH levels.
𝘚𝘤𝘦𝘯𝘢𝘳𝘪𝘰 𝘉 (𝘉𝘦𝘢𝘳𝘪𝘴𝘩):
If price closes or drops back below the blue preliminary fib line, the strong downtrend isn’t over yet, and we could head lower towards the anchored VWAP (pic 1). I’ve mapped out some LONG setups for you in case this happens:
For the bears, the lowest levels I see for now are around 𝟳𝟲,𝟱𝟬𝟬-𝟳𝟳,𝟱𝟬𝟬 𝗨𝗦𝗗, and here’s why:
This is the Fib Golden Pocket of the move, measured from the pivot low to the pivot high of the recent uptrend.
The 200 Day EMA on the 8H Chart is sitting in this zone around 77100.
It aligns with the Volume Profile anchored to the ⚡Power Candle visible on the bottom left of the chart, which kickstarted the entire move upwards.
It’s also the 1.618 downward extension of the previous leg down, as shown on the Daily chart analysis (see Twitter for pic 2).
Additionally, this zone is reinforced by key manual fib lines and the blue Bullish Fib Pockets dynamically plotted by the 𝘋𝘍𝘙.
The Volume Profile is also fat around this area, I don’t expect Bitcoin to drop much lower than this zone unless something major shifts.
x.com
BTC Retrace Possibly Complete H4From BTC low to swing high (88,700 to 99,800) we have had a perfect breakdown through the fibs all the way down to a perfect body close on the .786. The price action dipped below the 100 sma for a short period and quickly recovered this level. Price is currently trading above the .5 fib retracement level. RSI is 49 at time of publishing and trending upward after an MA cross. Price is targeting the .382 and 50 sma next as levels to watch as btc recovers further. This is just my opinion, there is also clearly a scenario with more downside. This idea is strictly my opinion.
Not financial advice.
Do your own DD.
Thanks for viewing the idea.
AR Long Spot Trade (Support Retest)Market Context: AR has retraced to a significant support zone between $18 and $20, following a rejection around $24. This retracement offers a favorable entry point for a long position, with potential for a rebound toward higher resistance levels.
Trade Details:
Entry: Between $18.00 and $20.00
Take Profit Targets:
First target: $24.00 – $26.50
Second target: $32.00 – $35.00
Stop Loss: Just below $16.00
Rationale: The current support zone aligns with previous price action, suggesting a potential for upward movement. The risk-to-reward ratio is favorable, with a clear stop loss below the recent support level.
Note: Always conduct your own research and consider your risk tolerance before entering any trade.
BTC still in downtrend We are seeing a bit of a Wycoff "Spring" but we are still in the downtrend. Here on the 1 hour chart, my previous prediciton is playing out (thought I was second guessing it six days ago)
BTC Should fall to the 90K demand soon in the coming 2 or 3 days.
Probably some stupid press release from the US Gov, will trigger it.
If you liked this post, please hit the rocket button and follow me.
Happy Thanksgiving... and don't forget to renew your Tradeview subscription during their Blackfriday sale... they only do it once a year for just a few days!
BTC Dominance Topping Out, Going to All Time LowsBTC Dominance appears to be in a potential 7 year flat pattern. This coincides with the end of 7 year bear supercycle on alt/USD and alt/BTC pairs. The end of the flat pattern is evidenced by wave-c relating to wave-a by 61.8% in price and relating to waves (a+b)/2 in time (yellow boxes). The false break out from the orange trendline, as well as the wisemen on monthly, weekly, daily, etc charts, and the bearish momentum divergences, are all further evidence that dominance has topped.
From here, it looks like BTC dominance is going to retest the lows, and considering the likelihood of the end of a 7 year bear supercycle on alts, and the beginning of a new alt season, BTC's dominance could fall to as low as 12%.
Fundamentally, little has changed about BTC over the years. While some activity can be moved to layer 2s, the main BTC blockchain is still slow and inefficient, with only 7 TPS most people will not be able to afford to transact on Bitcoin. This will make retail traders and economic activity move to layer 2s and other chains.
One chain which will capture a large share of economic activity from Bitcoin is TRON. It has already captured the largest share of USDT, leading to high TRX burn rates. As Bitcoin's fees begin to skyrocket again following skyrocketing Bitcoin network activity, more of Bitcoin's activity will move to wrapped BTC on chains like TRON which are fast, extremely liquid, low fees, and accepted in most places.
While this will allow everybody to afford to transact with Bitcoin, it will also cannibalize Bitcoin's dominance. Chains that are similar to TRON which can capture a large share of Bitcoin's economic activity by acting as Bitcoin's layer 2, and in doing so are burning their native token for fees, are going to see their circulating supplies drop very quickly because of money earned and burned from fees, and their prices increase much faster than BTC.
It would not surprise me to one day see BTC completely lose it's dominance as the largest crypto to coins which have better fundamentals, especially where they have very high fee revenue and burn rates like TRX, and are significantly faster, more scalable, and turing complete. Either way, I don't think we will ever see BTC's dominance this high again, especially as regulations in the US and around the world begin to favor BTC less and create a fair playing field with other cryptocurrencies.
Bitcoin - 100K Pump & Dump?Wow!
This orange trace illustrates a likely bearish pattern that should take place as we set and ATH of $99,661.
There are some bigs gaps that have never been filled as well. Looks or the little white oval on the chart.
And… there is a MAjOR resistance level that has never been checked in on for support done there by the little green heart. It’s my favorite target for BTC, as it also represents a huge migration to DOGE coin.
BTC and all of the other crypto’s are just graphs of the emotions of fear & greed battling like monsters flying and propagating through space. Doge is a little bit different… it invokes the emotion of LOVE. Unconditional love, like mans best friend.
Check my other posts for more insights on the epic battle of David vs Goliath (DOGE vs BTC).
Love, Doge