This #Bitcoinโฏโฏโฏ falling wedge has a target of $34,000.
The boring consolidation could come to an end soon, as these wedges usually break out before the apex.
Are you ready for the bull market to resume?
Starting on June 1, 2023, retail investors in Hong Kong will be able to trade cryptocurrencies.
ะงะธัะฐัั ะฟะพะปะฝะพัััั…JUST IN: ๐บ๐ธ White House says the stock market will crash by over 45% if US defaults on its debt.
ะงะธัะฐัั ะฟะพะปะฝะพัััั…When patterns fail to break down like this, they usually go the other way.
The bear trap is almost complete. Send it to $35.000.
#Bitcoinโฏโฏโฏ
Looks like $BTC chooses this path. We're still going parabolic soon imo.
ะงะธัะฐัั ะฟะพะปะฝะพัััั…โ๏ธโ๏ธFree Airdrop (invested by Tim Draper)
Get 250 (Ethermail token)
Just by singing up .. and retrieve encryption fees..
https://ethermail.io/?afid=6459f817c235e9d1625dae66
No transaction fees applicable
Hurry upโ๏ธโ๏ธ
#Bitcoinโฏโฏโฏ transaction fees have surged to its 3rd highest level in history.
The last two times, we witnessed the peaks. At 20K in 2017, and 68K in 2021.
$BTC price corrected by over 80% following the prior fee surges + congestions. Are we in for a repeat?
#Bitcoinโฏโฏโฏ Dominance is finally out of its 2 years range๐ข
This Means:
- $BTC to ๐ผ๐๐๐ฝ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ most of the #Altcoins for the next quarter(s)
-Next resistance levels r @ 53-58% where swing alts are taken betting on a pullback
-Above 63% is my sell #btcโฏโฏโฏ to #Alts & hodl area
#BTCโฏโฏโฏ Monthly: Closed above .382 Fib +20M ema
Last 2 times we achieved this structure within a cycle 2 things happened:
1. Exponential forward gains:โ13(80x)/โ16(30x)
2. We never closed below that fib level again
Past performance is not a guarantee of future performance
#BTCโฏโฏโฏ Monthly: 300M in Long liquidations +this is the chart
-Close above yesterday high
-Above 20M SMA
-Above .382 Fib of entire Cycle
-LMACD ๐cross incoming
-RSI>50
Textbook pre-expansion behavior
#Bitcoinโฏโฏโฏ ๐ฅ๐ฅ๐ฅ
I applied the 2016 pre Halving Fractals onto the 2023 Bitcoin chart!
-This is a high probability movement for Bitcoin if we don't get any shocks from the global economy!
-Parabolic move after the Halving! ๐ฅ๐ฅณ๐
Target 2025 150K-250K!
Not Financial Advice
#BTCโฏโฏโฏ : Prior Impulse Moves
If we take a variety of prior Wave 5,3,1 impulses and superimpose on todays chart we are left with an array of possible outcomes
Anybody that says Bitcoin canโt do these types of moves is denying their inclusion in the DNA of this assetโs history
Cup&handle pattern forming on #bitcoinโฏโฏโฏ (8 day chart) ๐ซก๐ #crypto
ะงะธัะฐัั ะฟะพะปะฝะพัััั…In a recent CME report, institutionals are still in standby mode. They do not increase either longs or shorts.
But, there are still 37.5x times more longs than shorts โณ
#Bitcoinโฏโฏโฏ sits on top of the 200-week moving average
This has been a good buying opportunity in the past.
My bags are packed. Are yours?
Blue line is my invalidation level
According to the #Bitcoinโฏโฏโฏ Power Law, it makes sense as to why price wouldnโt reach there
This is a good look at risk:reward IMO
SuperTrend says buy.
Ichimoku bullish cross says buy.
Fractal says BUY. #bitcoinโฏโฏโฏ
Most ALTS are back to their bear market lows, still 90-95% off the previous bull market highs. Despite what some CT accounts are telling you about ALTS, this is when you buy, not sell. Of course $BTC can go lower and ALTS will follow and that's why you scale in slowly and DCA. Anybody telling you to sell good projects when they have already lost 95% of their value from the previous cycle highs is telling you to sell the bottom and definitely isn't looking at the big picture.
ะงะธัะฐัั ะฟะพะปะฝะพัััั…โ๏ธโ๏ธFree Airdrop (invested by Tim Draper)
Get 250 (Ethermail token)
Just by singing up .. and retrieve encryption fees..
No transaction fees applicable
Hurry upโ๏ธโ๏ธ
#Bitcoinโฏโฏโฏ ๐ฅ๐ฅ๐ฅ๐ฅ
"Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value" -ย Eric Schmidt, CEO of Google
-Macd and Bull Market support band suggests that Bull market as begun!
$BTC.X
#BTCโฏโฏโฏ Monthly: The importance of today
If you accumulated up to this point, today is the least important day in your life
The days in which you wisely acquired the asset were your most important ๐ช
#BTCโฏโฏโฏ Weekly: Buy/Sell Zone
Nov โ21 Bitcoin was in a ๐ปmarket rally and hit ATH
On 1/2/23 at 16K we had a strong buy trigger signaling the end of the major correction and start of the final impulse
Today at nearly 2x those levels weโre in the 3rd inning
Warning โ ๏ธ
The next PUMP ๐ may be closer than it appears
#Bitcoinโฏโฏโฏ ๐
$BTC.D is showing an HS reversal. This will likely cause a large alt pump in the coming days/weeks.
$TOTAL & $BTC showing a breakout and likely a retest which will allow the HS to form on $BTC.D
This is bullish behavior in an uptrend. Nothing bear yet.
#cryptocurrency #Bitcoinโฏโฏโฏ