OptiPulse

OptiPulse

I see a lot of people giving patterns and trendlines too much weight. Just because a trendline is broken, does not mean it will roll over hard. The red trendline was broken, but was picked up at the 44 daily ema (thin blue line). If the cyan trendline is broken in the future, do not freak out. It may get picked up by the 44 daily ema to 55 daily ema (green). Only...

OptiPulse Updated 

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OptiPulse

Looks like the horizontal support at 55400 is holding for now. If the cme gap were to fill it should've done it already. Now a cme gap fill risks price falling out of the ascending triangle. Most cme gaps do fill, but they do not have to fill immediately or at all. Looking at eth also testing its horizontal support, I believe the bottom is in. Give it about 3-4...

OptiPulse

Test upper side of bbands. May coincide with a short term pullback in traditional markets.

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OptiPulse

Funding rate is a little high which makes me think we could do a short term pullback and fill the cme gap. Traditional markets have some gaps to fill as well. Doesn't have to happen, but possible. Considering there's a premium in cme vs. spot price, spot price should wick down to around 54k if this happens.

OptiPulse Updated 

cme gap fill + traditional markets correction + pi cycle top fud

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Target up around 70k!

OptiPulse

The trend continues as long as we are above the 55 daily ema. Question is if the daily 21 holds and we go up from here, or if we wick below it, or if we test the 55 daily ema and then pump. I think we either pump from the 21 daily ema or wick below to fill the CME gap around 54k.

OptiPulse

Yields have been in this channel for the most part over the past 40 years. Every time so far it has fallen out of the channel, it goes back in. But this time is different right? The fed will issue yield curve control right?

OptiPulse Updated 

I think bitcoin is trading inside the yellow ascending triangle. The false breakouts and false breakdowns really mess TA up and confuses everyone. Price either is supported by the yellow trend line, or breaks below and is supported by the blue trend line. Either way I think this goes up to around 70k within 3 weeks.

OptiPulse Updated 

This is the ideal zone to buy in my opinion. Between the 21 weekly EMA and 55 daily EMA. May take a month or longer to play out. Patience is required.

OptiPulse Updated 

This is the best area to buy IMO. May take a month or longer to get there, so patience is required. Next key area of support below us is 48k. Lose that and we're likely going to test the 21 weekly EMA around 40k which we haven't tested for over 160 days.

OptiPulse Updated 

I think Bitcoin puts in a double bottom the next few weeks. Watch the daily 100 SMA and EMA.

OptiPulse Updated 

A very simple chart showing the measured move of a descending triangle if Bitcoin breaks down from here.

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Measured move to retest the All-time-high.

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if we get a double peak scenario like in 2013.

OptiPulse Updated 

Bitcoin looks like it's forming a cup and handle pattern. It can either take the red or green path. Red: immediate breakout. Green: correction to approx. 52k and up from there. I would say the maximum bottom of the handle is the topside of the previous range at 52666. Interestingly enough, it lines up with a 0.328 fib level.