BTC, WHALES ARE BUYING AND YOU?Saw some exchange outflows yesterday as whales are accumulating at these levels, this mean only one thing.
this is going higher or maybe testing 56k again, and ranging a bit as accumulation zone.
in the chart some diagonals that i use to understand were we going. I see bounce here target 56k.
Knife cut telling me to buy the dip.
I hope you enjoy.
Btcath
BTC/USD constantly creating new ATH Bitcoin is going higher and higher. The growth is slow, so it is not an unhealthy UP trend. Still, there is RSI bearish divergence on the 1D graph. If there is a price correction, then BUY.
ENTRY LEVELS LONG:
$52 800
$45 900
$43 900 STRONG BUY
$39 900 STRONG BUY
TARGET LEVELS
$62 000
$82 000
BTC Dupming ScenarioBTC has chosen the Correction Path with a nice Reversed Cup & Handle Pattern Leading to a Short To Mid-Term Correction
#BTC will land on 33K Level on Short Term Then 30K In Mid-Term Altough,the only way that if it happens it leads to expand the correction to Mid-term is that the major support level on 33k gets broken hardly.
#possible Long Scalping Setup On 33K Level.
**My Other Idea About BTC which i showed the Correction From 38K is hidden... why tradingview ?
NEXT BITCOIN ALL TIME HIGH 1) NEXT ALL TIME HIGH
IS ALMOST 50% OF THIS HIGH
IF CALCULATED EVERY HH IS 45% HIGHER THEN LAST HH
2) YOU GYS CAN SEE ITS ALMOST 45%-+ OF LAST HH
3) AND THATS MY TARGET FOR THIS TIME ATH
THATS ALMOST 45%-+ OF LAST HH
4) IF WE CAN SEE ITS TAKE ALMOST 24 BARS FOR ATH AFTER CORRECTION
5) THERE WE CAN SEE ITS TAKE ALMOST 34-35 BARS FOR ATH AFTER CORRECTION. THERE WE CAN SAY
ITS TAKE 10 MORE BARS FOR NEXT ALL TIME HIGH
6) AFTER WATCHING PERIVIOS DATA WE CAN SAY THIS TIME BTC WILL TAKE ALMOST44-45 BARS FOR ALL TIME HIGH
AND U SEE THAT TIME WILL FINISH IN SEP.2022
BITCOIN REACHES ATH- HAPPY ANNIVERSARYIt's been exactly 1 year -to the day- since I published the last analysis, so here is to the anniversary .
BITCOIN REACHES ATH.
Because the FED party will go on.
And because 9390434 other reasons.
But now, watch out for a correction & healthy consolidation -we're running pretty hot on almost any timeframe, from candlestick patterns to RSI. $20k is the previous psychological zone to take profit.
Once a healthy consolidation is established, the party can go on.
Thoughts?Hey my beloved trader!
On November the 7th we saw a 8.00% drop and a bounce at 70.00 upper band RSI. But could be this happening right now. BTC could drop to a important level at 17200 where we have a lot of resistance and bounce right up again. We could also see a retracement at the FIB 0.382 level again at the 0.382 level. Not advice just something I stubbled upon.
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