It can be the final exist of bears

2023年4月23日

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!