Bitcoin has experienced a remarkable rally this year, rising to the much desired zone of 35-48k. However, there is now a growing possibility of a reversal, with expectations of a bottom forming again sometime in 2025. Despite the prevailing optimism in the air, especially with the anticipation of ETFs and other developments, this outlook is indeed somewhat...
Bullish macro harmonic; pushing on some final downtrends and holding an uptrend and 786 With a potential for large move to 382/618 or higher There is also a chance of going down very badly to 3-6k if we lose this zone and go down; but so far looking potentially bullish - NFA. Locked a 50% TP on my longs for the time being. Looking to swing the rest if it moves...
Could that be a top before a major dump? Seems plausible the way things are all agreeing. Happy hunting :)
How high you guys want it? "If" this breaks up? Could dump as its now hugging resistance; but if it doesn't - it is looking pretty tasty.
A few scenarios for bitcoin; looking pretty neutral right now and at a point where it needs to open a new monthly candle; gain the previous monthly as support and move up to hit resistance or it could be an extremely bloody month too the month of January going into February. I guess we will see. ETH is also at a borderline breaking point 1150-1180 being all that...
A prediction I've had for sometime that I felt like sharing. It may or may not play out; none of this is financial advice - just want to see how it goes :P 🔮 Still in from the bottom :) 🔮 Pump and dump nonetheless is the overall view 33-37k then dump to 10k - rinse repeat