UnknownUnicorn15318819

UnknownUnicorn15318819

Who else feels that this latest pump was kind of fishy?

UnknownUnicorn15318819

There will be bloodbath. All the signs are over the top. Cooldown will be hard. I’m still at my 27700 target. Signs are clearly present: ✅ Daily RSI is way overbought ✅ 10 green candles in a raw ✅ Greed & Fear Index is at 60 ✅ Memecoins booming

UnknownUnicorn15318819

If that support line breaks, i bet BTC will go down to meet the target of 27700$. After that, it will boost the rockets to the moon.

UnknownUnicorn15318819

Though we see lot of euphoria because of the BTC breakout, i’d advise to be careful. We still have long way to go for a recovery. Resistance line needs to be conquered. My bet would be, that this wave was created to lure in people who were waiting in the sidelines with stablecoins. When these people buy in, this will be the moment when they get dumped over. So be...

UnknownUnicorn15318819

Here’s my Bitcoin short term take. There’s still lot of heaitation on the market. No bigger catalyst on the horizon. There’s just not enough people or institutions who would like to be that fool and push the price up. We still need to cool down. 27k seems to be that low level that might feel like the bottom and people start to hop on to the bandwagon in order to...

UnknownUnicorn15318819

Here’s my take. I think Bitcoin is going down to 27k that is monthly 50 EMA as a touchdown and continues the rally.

UnknownUnicorn15318819

Found this trendline days ago and today Bitcoin bounced right off from it. Watching it closely. May be the trend that takes us out of this rabbit hole.

UnknownUnicorn15318819

I can't see Bitcoin recovery soon and get out of this RSI downtrend on a daily chart until it hits the RSI low threshold target that was low in 2013 in-between two blow-off tops. Let's see how it plays out.