Not only would this bounce confirm the upward trajectory for BTC, it would also spark the very beginning of Alt Season. Look for Alts to retrace as well by mid month with BTC, and then explode after people sell their positions. This is obviously my bull scenario. This is for entertainment only.
This is for entertainment only.
This is for entertainment only.
I found something interesting. People are talking about how BTC Longs are sky high and that is it signaling a significant sell off in BTC soon. I have a different theory. The chart explains what I found. This is for entertainment only.
I was playing around looking for similarities, and it's possible we have a bull flag instead of the ascending triangle we had from last cycle. Let's see if it pans out. This is for entertainment only.
This 4 Hr chart comparison looks like we are almost done with the down side. I did not include wicks for easy viewing. This is for entertainment only.
This is for entertainment only.
Check it out, looks like the bottom of the channel to me. This is for entertainment only.
Short term rising wedge and inverted H&S . I like it when 2 known patterns arise in the same price action. It gives the target more probability in my opinion. Let's see if it pans out. This is for entertainment only.
This analysis is based on a few trend lines that I found to match up nicely. Crossing my fingers this is right! This is for entertainment only!
This is just a big picture view without trying to be exact on price action. This is for entertainment only
Is this the start of Alt Season? I am using the RSI for added comparison. This is for Entertainment Only.
This is only for entertainment.
This is in fact decision time. Are we in for a long term bull market, or another bear market? I am inclined to believe we are going up because the trend shows that we should go up, but I am not blind to to the downside either. This is for entertainment only.