What if I tell you Price may reach 75k range before continuing bull trend. I have been posting ideas since mid Dec 24 cautioning everyone and wait for confirmation before Yoloing (Check my other ideas). Don't get caught in influencers game. on Daily TF, I am seeing H&S pattern and weakness in market to break structure for a month. We may see BTC price touching...
There are 2 options it could play out, 1) Go high 17% and grab liquidity at 410B and nuke by 44% to Order Flow at 225B 2) Nuke by 35% in few days and accumulate at 225B This will invalidate if closes above 451B market cap. Don't FOMO in small rallies, it could be trap. Wait for confirmation.
1. BTC showing short term bullish momentum target $101k - retailer will YOLO 2. NUKE to 87k scares retailers (not closing below $86,680) 3. 1st week of January start uptrend and break ATH
BTC had really good rally so far and looks cooling down and printing bearish RSI divergence in 1D chart. I feel early next week it may retest ATH (even break above for a brief) grab liquidity and RSI will create lower high. It will trap liquidity and start downward trend and chances of having deep pull back to 73k and consolidate. BTC dominance might reach...
Whales are accumulating short position and trapping retailers. Next target 86k and may dump hard to 73k region.