mpd

mpd

BTC Dominance is moving in a descending wedge in my view will fall to 41-42% in next 2/3 months starting altcoins massive bullis trend then reversal

mpd

BTC is compressing in a falling channel: in my view in the short term it could retrace at least to the channel mid line (around 104k) maybe to the channel lower trendline (around 97,5 - 97,8k). Once the channel will be broken BTC will reach final bullish cycle target in the range (132,109k - 132.700k) , then bearish cycle will start in autumn

mpd

Looking at the long term chart starting from the covid crash we can see 2 impulse of average 2650 pts and two retracement, so from the trump crash to 4800 we could see one last bullish impulse of around 2650 pts to target 7450 in autumn. Now I expect a retracement to 5965-5970 area before last bullish impule

mpd

Avalanche could be still bearish: in case of BTC to retracement 95k area Avalanche could retrace to 14,39$ area then a bullish move could start to target 38$ in october.

mpd

BTC is moving in a falling wedge once broken my final target is still intact @133k but in the short term we could see a retracement to 94,5k . So my plan is to buy BTC in case of 94,5k or in case of bullish continuation , to buy BTC once falling wedge will be up broken.

mpd

In my updated view brent long term bearish trend has not stopped to 58$ area I expect in the short term a fall to 48$ area then the reversal my targets are 171$ and 234$

mpd

In my view next month will be bullish for SPX, I expect a test of 6444 area (1.6 fibonacci extension from bullish trend started in 2020) then bearish market will start and push SPX to 3800 area.

mpd

On the long term chart wave #2 was completed in the last 2 weeks and wave #3 ha started, I expect massive bullish move for Brent due to Israel-Iran conflict , target 255$

mpd

Avalanche is moving in a long term falling wedge, a possible scenario is a big drop to (4.2$ , 5$) area to test wedge lower trendline and then a big rise , my final tp is 90$

mpd

BTC could test 88k area before resuming main bullish trend FInal tp 133-134k rea

mpd

In my view Brent bearish trend will continue to 44$ then a bullish reverse will push oil prices to ATH

mpd

I expect a correction to retest 5400 area before last bullish leg to new ATH@6180 then in my view bearish cycle will start and push SPX to at least 4100 area

mpd

In my view BTC could retest the broken falling wedge @around 87k then resuming bulilsh main trend to target new ATH in the range (133k,134k) in autumn

mpd

In this chart I show how a price move similar to 2021 could occour and push BTC to new ATH @113k before massive crash to 64k zone where main bullish trend could resume. FInal target could be 138k

mpd

In my view we're still in a long term bullish trend, BTC is now moving in a falling wedge, I expect BTC current bullish move will stop @103k, I expect a correction to the wedge mid line @85k before resuming the bullish main trend to target 1st tp @121k and the 132k final target where bearish trend could start.

mpd

In my view we're still in a bullish cycle but in the short term bearish trend is not over so current retracement will stop @101k target where bearish shor term trend will restart to test 65k before massive bullish reverse to new ATH @137k where bull cycle will finish and a long term bear cycle will start.

mpd

In my long term chart BTC is performing 4th correction wave of a 1-2-3-4-5 bullish elliot pattern targeting 135k in autumn. From 135k I expect a sharp correction to 34k target in 2026 then the bullish trend can resume to final target 171k . Currently I see a retest of 101k then a correction to 67k area before resuing main bullish trend to target 135k area.

mpd

In my view BTC is performing 3rd wave of a 1-2-3-4-5 bullish elliot pattern targeting 100-101k area. From there I expect an A-B-C correction to test 67-68k area (2021 peak) before resuming bullish trend to final tp 137k.