Looks like a pattern to me... Bitcoin headed to $130k?
Some clear patterns have emerged with USDT.D + USDC.D. Watching closely for the next leg. Major swings incoming IMO.
We are staying above the 50 EMA , but a bear div has developed. Watch out for a retrace here. Who knows how hard.... May be a good chance to fill up the bags some more if we go down short term.
Bull trap or bear trap??? Where do we go from here? Gamma or accumulation?
No capitulation here. Just more opportunity. Gobble Gobble Gobble like it's Thanksgiving... Don't forget why we are here! Nothing has changed besides the macros of the entire economy..
We have several patterns converging to this one area. Bullish RSI Divergence on the 4H. PA at horizontal support bouncing inside a large 25% ascending channel. Which way do we go???
My prediction lines are from 2 months ago. Barring a total market collapse I think we begin to see some relief from here. Watching closely though...
Bitcoin and looks like it is ready for a 25% impulse. PA is slow and painful - seems right.
We are still in range and got the confirmation bounce. Draw the lines and keep moving along.. $BTC
Do you think we get a breakout or a rejection? If we reject, I expect to see BTC to take an immediate hit followed by alts. Hoping we break out and get to some ATHs in the coming months!!
Looking for a clean bounce back up to supply. Need this retest to hold for any more movement to the upside.
Where do we go ??? Up or down ??? Are we still distributing or are we re-accumulating?