robertofdz04

robertofdz04

I expect Bitcoin to experience a significant drop to around $46,800, a decline of 25% to 30%. This "rug pull" event would likely be driven by institutions aiming to shake out weaker hands before any further upward movement. Such a correction would purge short-term speculators, allowing for healthier market conditions and setting the stage for a sustainable rally...

robertofdz04

Thesis: "Bitcoin is likely to retest the $58,000 to $60,000 range, driven by a combination of technical resistance, market liquidity, and strategic institutional positioning. The current macroeconomic environment and market sentiment suggest that a short-term pullback could act as a liquidity trap, shaking out over-leveraged long positions before creating a...

robertofdz04

Bitcoin is positioned to break through the $60,000 resistance, supported by bullish momentum and strong technical indicators. A sustained move above this level could propel the price to $63,000, with the 0.618 Fibonacci level providing solid support around $55,300 in case of a pullback.

robertofdz04

Bitcoin is likely to flush down to the $50-48k rangeBased on my analysis, I'm anticipating a further correction for Bitcoin, potentially dropping to the $50-48k range in the coming weeks. Here's why:Price Rejection at Key Resistance: We’ve seen consistent price rejection around the FWB:73K mark, which is a crucial resistance level. Bitcoin has failed to...

robertofdz04

1. **Bitcoin Region 48,800 as the Absolute Bottom**: - The 0.618 Fibonacci retracement level, also known as the golden zone, is a key area where significant support often occurs. - Based on this analysis, 48,800 is identified as the absolute bottom, suggesting a strong support level at this price point. 2. **Short-Term Consolidation Around 50,000**: -...

robertofdz04

*Possible Cup & Handle Formation (1MONTH RANGE, 1HR TF) - BULLISH BIAS SCENARIO: I find a decent FVG at previous level of 17650, suitable for a short-term retracement of (-.50)%. - Personally a good-ole sideways action during this week's FOMC decision and other news/data coming out, will add to the suspense. (Looking at the 1MONTH RANGE, 1HR TF). -...

robertofdz04 Updated 

Seems reasonable for BTC to have a correction of about 15-18%, before hitting 50K. Plan: take out the Liquidity resting under 40K seems like a likely Target IMO, before the next move. Its presumed to go Higher after the BTC ETF's Approval. Institutions already made their profit, Now they'll Dump & Buy at Discount. Rinse & Repeat.

robertofdz04

SCENARIO 1) Strong immediate Resistance at $17.07 currently on USDMXN, although a push to retest $17.10 would be fair. Key point is a Leg down $16.98 is in my sights. SCENARIO 2) IPC Mexico INDEX for Mexican stocks takes a breather after reach ATH’s near 57,700. Indicators point to OVER-BOUGHT conditions plus a gap fill needs attention at 55,200. That would...

robertofdz04 Updated 

Have to wait to see how this unfolds. What's your bias..

robertofdz04

Downside pressure came through, retesting 4103 previous target.

robertofdz04

Spy may be revisiting the 414 price target. VIX seems to be retracing again. CONTINUATION of yesterday basically....