Yet another wyckoff accumilation.
Identical to 2021 SUMMER.
But on a lower time frame.
We are talking from 4hr candles to 5min.
STAY WOKE in these market conditions and do excessive research.
Last summer we got a wyckoff accumilation.
I saw it, many did.
But no one took action, and BTC pumped to 69k.
This time make sure you have cash in hand so you can buy the bottom.
Be on lookout for new lows.
👀
We have been consolidating along super important and critical levels since 9th of May 2022.
These ranges will MAKE or BREAK BTC the coming months...
(June, July, August) Just like last year.
I`m currently super bearish.
US markets look horrible, The FED is destroying their own economy, inflation is through the roof.
NOTHING can save us.
Doomsday is...
This is unfolding right now!
This has been going on since late Janurary.
Price action in 2022 has been minimal and it´s very clear to see.
Prediction: 2 and 3 are the most likely ones as the market is currently BEARISH.
Possible Break To LOW 30k.
#Crypto #Bitcoin
Just broke down. We could see a highly anticipated pump since the market always tends to pump when everyone is bearish.
WATCHING 38K SUPER CLOSELY.
And then 44k.
This 15 min chart is super clear and simple.
Shows that it is valid.
Although I dont like to trade with only lines on a chart.
Yes, lines on a chart.
Going to be diving deeper into more technicals.
Update will be given.
Lookig for a scalp long, and swing short.
Like I said and predicted.
1st Zone STRIKE.
We can see a fake pump rally to the upside in the short term.
But im keeping my bearish bias.
Thinking that this summer will be more hands on than last years.
Im talking blood bath levels.
Alts will burn to its roots...
and BTC target will be $22222.
.
Past bull runs have always started with a wyckoff.
And why wont it happen again?
there is not reason for it not too.
3 scenarios can play out, depends how hungry the whales are.
STAY PUT AND WATCH THIS.
We have seen this stock move between the different fib retracements for a while, as bitcoin. Hence it is time for this stock to make a decision.
This is the tea.
If the FED provides us with good information at the next meeting. Then we can see a big bounce.
But don´t get your hopes up.
Be on the watch for a BIG downside move as it is very likely that the...
