Greetings everyone,
Long time to post my opinion on Bitcoin as I was watching on those scenarios that seem valid at the moment.
The fake-out we call:

The long-term picture:
*

When one cycle is near its end, the price action is a consolidation with existing dumps from bears.
This is exactly what I am seeing at the moment.
I believe we will stay in this range for a long time.
I am expecting one pump before seeing the 25ks area.
If to be honest, I see a lot of manipulation,
meaning we can see crashing below this area with long shadows
in candles and to be a fake price action (Area of bears exit).
Head a shoulder in process for BTC and for this, I am expecting one
more upside before more correction.
I will hold this scenario and I will update when I think is necessary.
Your comments and a possible like in our TA will be always appreciated.
I am waiting for you to discuss anything connected with cryptocurrencies and the crypto industry. :)
Have everyone a nice day ahead!
Long time to post my opinion on Bitcoin as I was watching on those scenarios that seem valid at the moment.
The fake-out we call:

The long-term picture:
*

When one cycle is near its end, the price action is a consolidation with existing dumps from bears.
This is exactly what I am seeing at the moment.
I believe we will stay in this range for a long time.
I am expecting one pump before seeing the 25ks area.
If to be honest, I see a lot of manipulation,
meaning we can see crashing below this area with long shadows
in candles and to be a fake price action (Area of bears exit).
Head a shoulder in process for BTC and for this, I am expecting one
more upside before more correction.
I will hold this scenario and I will update when I think is necessary.
Your comments and a possible like in our TA will be always appreciated.
I am waiting for you to discuss anything connected with cryptocurrencies and the crypto industry. :)
Have everyone a nice day ahead!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.