4H Bearish signal. Targets set at $3100
Hourly Right Triangle Formation. Targets set at $4000 & $3800
Invalidate if support breaks
Not looking positive long term lol needs worldwide adoption.
Broke all supports let’s watch this s**t show
Unless a catalyst such as a successful launch of the Swiss ETF or an approved ETF in the US, Bitcoin will continue to be in its downtrend. Consider the fact that an ETF might not be positive for BTC or the market at whole. If crypto can’t scale adoption such as being able to spend at a gas station or be managed from your existing bank account I believe it will...
Bulls are looking to take over. Will be watching closely for confirmation above resistances.
Falling wedge currently. Setting long target short term for $7000
With support at 6700-6800, and VanEck Bitcoin ETF awaiting SEC approval if Bitcoin goes below support and ETF gets denied then we can easily expect prices at the 5000 level. If it bounces of support and ETF is approved then I expect to rally past the major 10k and 20k resistances. Target for bulls 35,000 target for bears 3000
Biggest play for AI/Motor stocks, way undervalued, perfect bounce play on falling wedge. FAANG and other high value stocks are losing their luster. Expect for younger investors to seek value stocks with room to grow.
Billions in Vaults & NYSE trading desk on the way, bitcoin is here to stay.
head and shoulders forming, double top. but overall still to undervalued to sink to low.