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Historically, this period has been strong for Bitcoin, and many expect upward momentum to resume as long-term trends remain bullish. However, volatility and external factors, such as macroeconomic shifts, could impact the trajectory in the short term
Just an idea nothing game changing. Bitcoin (BTC) has been on a downward trend recently. There have been several factors affecting the crypto market lately, including interest rate hikes and a stronger US dollar.
Bullish Div. Broke out of channel. Target is liquidity.
Bull trap of the centry. We nuke this next week. No catalyst. Exit scam. Watch this. Bearish DIv.
Gold GP up to -.618 for the perfect test Bullish div into the Golden pocket with overall uptrend great risk to reward.
I'd take this setup for every single 497 days in the year.
Simple enter on the rejection and take profit on the way down.
I think we are about to see something crazy. 100x about to happen?
Were going down and if we go down we need to break through down into 19k so that way we can get all the longs to close so we can remain bullish and we can start to build up new structure.
The fact that we haven't completely rolled over means there's a lot of money coming back into BTC, We should see 24k before potentially rolling back down to 18k if we go back down. With the recent drop if we were going to 18-19k we would have probably been pretty close to that right now. Fact is that we didn't so we should see a 24k BTC.
Break of support, no buyers currently, btc dumping. Lets see what can happen
Target is .4350 at the golden pocket, if we break down dont want to be in this trade no more
Bullish until golden pocket and if we see bearish div and confirmation of rejection I think we go down to the 15000's over a couple days
Simple and ez The way we like it, from golden pocke to to golden pocket
CAD is about to sell off, no reason to buy it. Ehhh lets goooo
Take profit at those 3 levels Move SL to entry after first TP. EZ
High risk high reward baby. Follow trend and get in before a potential breakout