My take on this BTC cycle - For me we are in the last push, and have started the 5th wave, with a top approx at 400-450% from the 16k bottom
No one is aware of the big resistance on the macro , the 0.5FIB It is a big, level to watch. Support is the FWB:36K area , next resistance if successfuly broken is the Golden pocket area areound 50K
Pepe looks to be in the last wave C, of an ABC correction . Wave C targets are the 0.618/1/1.618
XRP going to 77c ... very fast weekly and monthly time frames still fuel left in the tank! Expect some sort of correction to 40c before that !
BTCUSD has bottomed out . there is too much fud meaning it is time to get in and buy .
Cup and Handle on the macro (1 week timeframe) , will we get a 2x /?
Has the stock market bottomed out ? weekly bottom on market cipher.. previous green dots were all exposive moves to the upside !
This is massive , market cipher put a green dot on the weekly on btc. It is the 3rd time it has flashed in 7 years. The first time it flashed bitcoin went up 350% the second time 700% + . It does not mean we are pumping today. Usually there is a last dump to scare the shit out of everyone , them a massive rally . This still needs to be confirmed by the weekly...
Possible falling wedge on the bitcoin chart .. every one is super bearish, they cant all be right ! To the moon...
Cup and handle target of 75K still intact We closed a daily candle above the neckline.. bullish
Are we dumping back to 37k - 33k area? It seems like bitcoin is topping out and the bulls seem not able to break the 50k resistance
It seems we have just corrected to wave 4 , we can still go a bit lower.. but i think that in the next few days we will continue to upwards , maybe even test all time high
Are we heading to 25km and break all time high? It looks like we broke from a symmetrical triangle on the macro, with a measured move target of around 25K
A potential head and shoulders is forming on the 4Hourly time frame. If neckline is broken , the target is 15K Also, a brearish divergence on all larger time frames
I see bearishness: + all high time frames with a bearish divergence + we seem to be forming a rising wedge
A head and shoulders reversal pattern with a potential target of 8k . 8k is where is in confluence with the 200sma on the daily - currently at U$D8040
Bitcoin seems to be forming a textbook cup and handle formation, with a target of 11.2k..... To the Moon !