BITCOIN WILL FULLY GREEN CANDLE AFTER 9TH JANUARY Targeting 45.160$ then retest 52.780$
Bitcoin should break 55k before going back down Support daily 50k
BTC fair enough to retest week resist ( current weekly open candle should reclaim first then retest W-1 Open) fair test around 54k-56k 46k should hold for this day to enough pump stress test set Stop Lose 3%-4%
bitcoin has a great opportunity to continue wave 5 to get to the top, 53k-54k to be supported, if the market is positive about this, buying at a price range below 56k is a good thing and waiting at the top of the Fibonacci at least above 1.13-1.27 if there is a very large fomo it can reach the golden fib which is 1.618.... DWYOR this is not financial advice
Bitcoin reversal from local support and reclaim structure wave X so wave WXY is invalidated, Bullish sign create from reversal, as far as btc above 53k-54k until mid december, btc will explode green dildo to new ATH and more and more December will be Bullish ( GREEN SOLID monthly CANDLE )
95% chance to bounce until rip of weekly pivot around 60200, and make new structure 53000-54000 should be solid support today grab it some, SL 52500
Facts about after the Bitcoin halving Top Percent Halving 1 : 9256.40% Halving 2 : 3052.46% Halving 3 : .........% Percent to Next Halving date Halving 1 to 2 : 4918.74 Halving 2 to 3 : 1414.23% Halving 3 to 4 : .........% the month achieved to go to the next halving Halving 1 to 2 : 44 Months (1319 days ) Halving 2 to 3 : 46 Months (1402 days ) Halving 3 to 4...
Buying power weak should break to 58k to move new ATH or else we back to double bottom
Bitcoin complete Wave W structure and currently wave X, Stoch show over bought and sign of end wave X structure, The next is Wave Y structure with more length of time Target should around 34k-29k$ in the next 2-3 weeks
Hidden gaps CME made at 18-19 sept, this support could rise with mini impulse wave after bounce 43600-44300 should be hold for this week if you wanna place Long, SL at your own risk,, Stoch RSI Oversold, it could bounce as soon as possible
Stoch OB Price over pivot High 5, Possible going down to target manipulation before creating new wave
Cup and handdle pattern with WXY currently performig wave X to wave Y with more time needed to accelerate, Target minimum 10$ in next month
Selling pressure since May 2021 still solid for Seller currently btc could jump from Dema 50" Expecting SFP soon when above 50800 reached and come back to AR ( auto reaction ) zone.
Pretty good if there is a wedge rejection on the RSI indicator on the weekly timeframe, in the future it could be a retest of the 2017 ATH Zone in 2021, To break the RSI Rejection, BTC needs a weekly close above $502xx this August 30th, else Will be fast correction may just need 3 candle Weekly to go around 19k-20k$ then will rise up quickly after touched
just this time, bbw shows the indicator below from the breakout last october (below the red line BBW), most likely the trend is changing, maybe you could say Bullish to Bearish invalidated if next week BBW above redline 2x or breakdown 1x again after back above redline
Bearflag confirm and retested, Rejected Pivot Monthly Posible dragdown 20-28%
Bear defended their downtrend channel,, 4H failed sustain above 35.5k