Bitcoin to 6800 then 5900 then 14000 and above
time based corrections hurt just as much as price based corrections
I might've been wrong about this before, but this is looking very convincing as a bottom reversal on $btc, if this pattern plays out, we could see 10k before the end of the year, the liquidity sweep yesterday has me hoping #btc #btcusd #bitcoin #barr #bumpandrunreversal
spreading that hopium (not financial advice, don't trade this)
btc formed its bottom around 5400-5800 on its way up during april 2019
unless btcusd is about to break market structure, a drop below 7k is highly improbable
fractal of the bottom at 3k
trading range beginning to tighten, fully retraced to 0.618 fib from the massive ~40% pump, also finding support on 50DMA and Weekly eMA ribbon, and price congestion zone as shown from VPVR, resistance from 200DMA, 100DMA and 21DeMA above, candle pattern appears bearish, but on weak volume, sign of weakness from bears IMO, this can also be seen in the multiple...
Bitcoin posting the most bullishness i've seen since it was below 4k
The upward channel has been established $BTC currently beginning wave 5 wave 4 support for subsequent bear market has been established $BTC has NOT seen a bear market yet