Looking at more direct upside for BTC I think at this point ETH's wave three is completed and we about to make a C leg down in ETH. Good luck out there! Stay safe!
Bulls seem exhausted at this point, bearish short term view: - Bearish divergence RSI - Back under the 200 Daily MA - Positive funding - H&S formation target met Mid term view: Possible giant inv. H&S formation with right shoulder bottom target of 7450 (CME Gap) Measured move from this formation would give enough juice to BTC to break the 10k Long term: After...
My buy zone is around $5300, but $3017 and $1252 are not out of the cards. Super Guppy flipping green before these levels are reached will make me reconsider.
Bottoming game plan if the correction replicates proportionally time and price retrace from ATH to $3.200,- The date is approx the 20th of January the price is $4.636,- The .87 Fibonacci would be the basis of this analysis.
BTC Bottom game plan in terms of time and price.
Classic chart very strong fundamentals. What can I say...
Approaching critical support lines. Likely to form a steady consolidation and accumulation bowl like bottom before the next lage run up. Whatch for trend line on $ chart. If that is broken downwards we will see a dip to the next FIB line.