Bearish Pivots and RSI on the H4. Dip likely incoming.

3月8日

I like simple charts and this one is pretty simple. Lower highs on the RSI and bearish pivot candles seem to point to further consolidation prior to a true ATH breakout and a run later this year. Targets are 60k and if shit gets really ugly, 50k. Hopefully we trade in a nice 15k range for a while and get a great alt season before BTC goes on to the inevitable 6 figures.

3月14日

註釋

I mean, looks even uglier now, but this is bitcoin and ya just never know how unrealistic the buying (or the selling) is gonna be.

3月14日

註釋

I do think its getting close though, and when the tide turns it will be panicky.

3月19日

註釋

The absolute bare minimum I'm expecting is a wick down into the 56k area. Don't think low 40s is out of the picture though, on the weekly, that looks not only possible, but even likely.

4月2日

註釋

D, 3D, and W candles currently look extremely ugly. I will be watching how they close. Didn't wick down into the 56k area last time, it definitely will this time. I still think 40k range looks likely on the weekly.

4月30日

註釋

Getting close finally I think. Expect a tag of 56-58 in the next two weeks and bounce. What happens in the upcoming month or two is the real question. If 56-58 holds, bull market continues later this year. If we retest 50 or lower, I think we wait until 2025 for the real fun.

5月3日

交易結束：目標達成

This idea is closed. I rebought from 56-58k. We will see what the future brings.