MangosteenBTC

MangosteenBTC

After a long period of consolidation, it appears bitcoin has finally found its footing at 76k. I've continued to be cycle bullish and would now like to see the final leg up of the cycle. Macro appears neutral with no additional rate cuts being forecast in beyond 2 in 2025, I also see no case for a surprise rate cut. We are at favourable risk levels with SMAX...

MangosteenBTC

I posted an update a couple days ago showing the descending triangle you can see in the image, Bitcoin continues to respect it. Crazy how powerful these resistance and support lines can be. Hoping for a positive breakout soon.

MangosteenBTC

Bitcoin finding support on this descending triangle, looking for a positive break upward out of the triangle sometime before the 19th of Feb.

MangosteenBTC

As predicted bitcoin is following the cycle very closely. We have been building a position inside the November bearish short term momentum (green dots) and we are about to re entry bullish short term momentum as indicated by SMAX. Probability levels are below 20 indicating we are later in the cycle and the delta is about to turn positive (bullish momentum) Our...

MangosteenBTC

I think our buying opportunity is coming to a close as bitcoin tests the red diagonal resistance. If we brack out I'll be looking for this to be confirmed as support. this may trigger the next leg up.

MangosteenBTC

Hi Everyone, Bitcoin is currently doing exactly as I predicted. We are having our double, shallower dip before the next wind of upside kicks off. We discussed we are at the same stage of the cycle as Nov-2024 and like clockwork we are heading into the late November / Early December double dip before a bull period kicks in. With short term SMAX above 50%,...

MangosteenBTC

Bitcoin has tested a previous resistance line as support here at 97,000 USD. This has occured at the same time as a short term diagonal support. so things are looking favourable for now. Short term SMAX is sitting nicely at >50, so a good time to add to your SMAX position. Marco: Mcro remains positive with the post trump confidence, interest rates over their...