Based on my perspective and view on the chart of BTC. I saw a pattern wherein there is an accumulation phase (possible) or an consolidation in the price of 45.3k up to 52k. this means that there is still no clear trend where bitcoin is going go at end of the year and up until next year. Be careful with 21ema because during May (bear market) it turns out to be a...
Check out this chart of $FILUSDT, it's on its massive support and ready to breakout the trend line. It only needs to breakout however, it must be supported more than the average volume. Moreover, it is part of the A16z (whales wallets). TAYOR & DYOR.
In my perspective, It looks like BTC is having an Head and shoulders pattern. it needs to retest the support in 40k+ levels and consolidate their.
IMO this is what driving the market to be "choppy". Imagined the NASDAQ is in a strong uptrend while RSI and MACD are consolidating on the top which could be a sign for "distribution". This market deserve an correction. #IMO #TAYOR #weeklychart
On my perspective it looks like we're having a steep upward movement and it looks rising wedge? what do you think?
Starting to make HH and HL What we need - Good Earnings - Government Support - Massive volume upon BO