BTC looks like wants to tank to 71++ to grab some liquidite and continue the uptrend halving is less than 6 months away, it will be choppy ahead
all comments are right there on the chart, trendlines can be adjusted, one can see what he wants to see
BTC breakout or fakeout? out of the previously observed range, good 4h close *today marks 11 years from Bitcoin's whitepaper release *also the last day of the prophesy for $16K by EOM October People are scared and eager to short MM could easily, dump to 90++, followed by retail massive fomo shorts, quick pump to 94++ to trap the shorts, further pump to 96/97++...
Daily not looking gr8 for the bulls, however we have a halving event coming BTC setting up to lose 9K and fall under would give a good chance to long less likely 6K to happen, anything around 8K is a good spot buy expecting lots of chops, those are whale infested waters and whales must eat daily
Corn currently stuck in this channel. If bulls want to continue further up, we must break and close above 9600 otherwise bears will triumph, no actual support below 8800 current market is filled up with fear, people are afraid and expecting a dump, so building up a short position, once enough shorts had piled up expect no mercy so far longs are more than shorts,...
ALTSZN for those deeply in alts maybe finally a relief rally is coming btc market cap dom has perfectly rejected and now declyning since its too obvious expect a recovery soon maybe now is a good time to buy your favorite alts if no buying occures BTC will send them to oblivion
I believe we have a good chance to test this upper channel 12100-12300 if close above, will signal continuation of the bull market if fails could trigger a massive sell-off, anyway a good oppurtunity to short between 11500-12100 chops until September
a monthly close aboce $14 000 will guarnatee a new ATH by the end of the year, we miss that close and we slowly going south! bottom is between $7400-8500 (lots of bids in the area) quite possible we never visit them $6400 is unbreakable support, forget that $1500 Bitcoin!! if the cycle resets, we will have to wait 7-14 months post the Haliving in order to see...
BTC on the Daily, place your Bets on two possible scenarious: stay in the triangle break upwards break the triangle downwards enter the channel * timeframe not actual
if we dont reject from the upper leverl (max 78) you should kiss your alts for goodbuy since there will be no bottom left for them btc will eat up evereything!!!!!!!!!!!!!!!!!!!!!
on purpous didnt put the RSI on the table, its just too bulish it blows my mind everyone waiting for a good long entry on BTC pre-halving, not going to happen everyone waiting for 7400? 6800? 5500? 3200? 1500? 700 ??? to buy cheap BTC, not going to happen months of accumulation are done, slowly but surely we prime for pre-halving pumps, lots of chops to be...
*my only bearish case for Bitcoin lots of money shorted 6K but didn't bought back @ 3K cause waiting for a lower number, they never had the chance to buy back, those money are patiently waiting in the sidelines and will not miss the opportunity again it would be smart if you place bids under 7K but not lower than 6.6 (everyone waiting for 6.4, it ain't...
not quite sure we will head up lower, but there is a lot of liquidity to grab there! would say another 2-4 months consolidation before we start pymp pre-halving anyway is good to have bids placed
A good range to start buying spot some room for a leg down lots of liquidity in the area, everyone waiting for a buy signal dont get left behind support my work by using my refferals trade Bitcoin with up to 100x leverage, fees discount, bonuses and free trading capital when signing up...
3rd test of the upper channel will most likely lead to a clean break and continuation of the up trend. Market sentiment is currently bullish All macro indicators are currently bullish +/- $1000 candles are very likely in these chop zones Fibb. 0.618 is at 14500-15000 so this is my next target by the end of the month Would be careful shorting this......