Bitcoin - They blew up the rocket?

18 Mac 2021

Enjoying the moves recently and very very interesting to see the institutional transition.

Giving 9 out of 10 calls are still "moon shots" I feel the Elliott formations/Wyckoff structures are starting to look to be in play.

Going all out on a limb. I would like to see from here, a liquidity grab around $30k, or on the next confirmation long is a break and retest of 72k.

See the previous post for the main reasons behind a drop.

However, to summarise it Institutional money would like to buy long but at a discount. That could be near a 50% mark and not really dent the sides.


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18 Mac 2021

Nota

Look at the date of this image. I still think the move down is for breaking hearts
& making Phat cats fatter!

19 Mac 2021

Nota

Looking at the shorter timeframe, it's also showing key levels now. Resistance above but some heavy support below. So we can expect a little sideways action (or a messy down move)

21 Mac 2021

Nota

Some more key levels. Very short timeframe (30m)

21 Mac 2021

Nota

21 Mac 2021

Nota

21 Mac 2021

Nota

Well - step one played out nicely. Stochastic favouring the phase 2 drop also.

23 Mac 2021

Nota

Bitcoin really is becoming respectable. Let's see how it dances through the next phase of this move.

23 Mac 2021

Nota

Look at the level here and at the image 3 back (in updates) dated 21st March.

24 Mac 2021

Nota

24 Mac 2021

Nota

Pushed towards the 618 before the drop

24 Mac 2021

Nota

Which was the higher of the two 'Local' areas of interest.

25 Mac 2021

Nota

Would LOVE now the move to only go to 54,000 ish level. Making a lower B instead of back to the 8Hour Order Block. Something like this...

26 Mac 2021

Nota

next levels of interest.

27 Mac 2021

Nota

Area 57 in play

27 Mac 2021

Nota

28 Mac 2021

Nota

as per the other post

28 Mac 2021

Nota

We have since tagged area 57 from the image above on the 26th of March. this one refines a potential spike and drop area.

28 Mac 2021

Nota

Interesting levels of Regression & X-Trend here also. So feeling more likely to see the drop from here.

28 Mac 2021

Nota

As A happened mighty quick. I have adjusted A - (same levels) just in alignment with what happened. As it moved exactly to the level predicted just a little faster. Reassessing B - The Pullback now should not be much higher. It's tagged area 57 from the post on the 26th of March (again quicker than expected) so now B comes down and E comes up.

28 Mac 2021

Nota

29 Mac 2021

Nota

Updated image from the 27th

29 Mac 2021

Nota

See a couple of images above. Pretty respectful she is becoming.

30 Mac 2021

Nota

Back to the original - Price did not slow down for the potential LPSY. So B still in play. Worse case it makes a UT/UTAD as momentum now is mostly Bearish.

30 Mac 2021

Nota

Was liking the idea of a shallower pullback from A - but it's been stubborn and went all the way 😁

30 Mac 2021

Nota

Daily Timeframe update - as per the post; it's just much faster than expected. Aligned A & B to the time stamps same levels at work.

31 Mac 2021

Nota

rather respectful (Still)

1 Apr 2021

Nota

And 24 Hours later - Resistance still playing it's part.

1 Apr 2021

Nota

Take a look at the stochastic levels - Daily, Weekly & Monthly...