I think we will range between 30-40k for 12 months or so
I think BTC will pull back to around 42.5k to the Fib .382, previous resistance and the 20 Day SMA confluence area before we tackle 50k round number.
GBTC expiries to influence BTC again, i think so, GBTC expiries have affected the price all year, No. 2 option with the downtrend is my take on it.
Resistance here makes sense on the line graph, looking for a small correction to Higher Low before upward momentum.
The mirrored channels from the middle of the V bottom is a little uncanny, Looking for BTC to hold this support and push on...
BTC seems to be like those russian babushka dolls, except a head and shoulders within another head and shoulders within another head and shoulders.
The btc 1 hr or 4 hr could be setting up a Wyckoff reversal, I hope so
BTC with a bounce maybe at 35k, also .5 fib retracement and clear upwards beyond the 200 MA and 200 EMA on the Day period. Maybe!
Fractal from 4 weeks ago may be repeating itself, with a potential spring at the end of its current range
Maybe not an ATH coming up, but short term i think BTC will pull out of this Bear Flag upwards to gain up to 15% before it gets close to the ceiling arc visible on the 4HR
I think the alts have one more leg up left in them to complete this multi-year cycle, lets see!
Is BTC finished for this cycle? i think it may be in heavy distribution and a downside on the way....we will see
If Bgc can leg past this resistance of this triangle, new ath