Urgent
BTC TOTAL MCAP CAPITULATION VERY SOON ?!!(URGENT)As you can see on this chart, the FIB circles lines perfectly confluence, and it shows that the subsequent capitulation is very near.
I think the total market cap price will resist at the 200ma and fib 0.618 on the 4H chart.
FIB CIRCLE 1.618 has been respected perfectly for the past 2 weeks and crossing it could mean a crash in next
We are very close to crossing the respected Fib circle so ill be looking closely at how the next 4H candle will close.
Stoch Rsi seems OVERBOUGHT.
This is just an idea.
NFA DYOR
BTC Bear Market Indicators (What to Watch)As BTC Dominance approaches all-time lows and shills are screaming "alt season", it is important to keep our eyes elsewhere. Yes, it is true that alts pump as dominance falls but there is a bigger picture playing out that is much more important. This is the possible start of a bear market because last time we saw dominance this low, BTC dumped over 60% in less than a month and almost 80% on the year. The alt market cap took a bigger hit during the same time, dropping over 90% A weekly close above 40% on the dominance chart would be a good sign for the bulls, but things aren't looking the best. If the bearish scenario plays out, it would also coincide with the massive head and shoulders pattern I posted here: The clock is ticking for BTC with these two bearish scenarios threatening to repeat, but I'm still buying the dip.
BITCOIN BREAK OUT ABOUT TO HAPPEN??!BITCOIN FORMING DIVERGENCE SIMILAR TO THE LAST BREAK OUT!!!
BINANCE:BTCUSDT
As you can see on the chart Bitcoin is forming the same divergence it formed during the October 1st cool off period before a massive pump to $48,000 USD.
It is forming that same divergence and I am curiously waiting for that third bounce from the RSI to really confirm this.
This is a sign of bullish divergence as the lows are becoming higher but the RSI is lower. This indicates the coin is much being over sold at much higher prices and shows a sign of a strong buying force to come.
The MACD on the one hour is also about to cross the signal line.
Like I said in previous posts Bitcoin is looking to retest the $49,000 resistance level and if it does challenge and break this level we are looking at an extremely bullish sign for bitcoin.
Personally I am waiting to see the price action of bitcoin and seeing if it can hold these higher highs.
For More Short Updates like this make sure to like and follow to always be notified.
Make sure to read my previous post on Bitcoin to get a more in depth understanding of why the price is acting the way it is.
Thankk you
Remember to be patient AND MAKE SOME MONEYYY!!!!!
This is not financial advice.