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Bitcoin set to go higher soon enough. My price prediction...

已更新

I'm going out on a limb and say that btc will hit at least 32k within the next 4 months. The correction is expected because I think BTC is oversold.

Cheers!

交易進行

Btc on its attempt to flip resistance into support @ 20K. Confirmation at D1 and hopefully at W1 by the end of the month.

註釋

One reason I'm convinced this trade is still active has to do with the fact that corrections are rarely crossing the .618 level. Cheers!

註釋

Choo choo! Getting more confirmations as days go by.

This is NOT financial advice.

註釋

BTC Is breaking off the channel I drew up there on the chart. It's crucial we close above that channel. Once and if that happens over the next several days, we're set to fly to 24K. Cheers!

This is NOT financial advice.

交易進行

Major BTC fight at the uppon bound of a bullish channel

註釋

I've zoomed in on BTC poking the upper bound of the bullish channel. Looks bullish to me since the bounce back is way above the middle band and also it retraces no lower than 0.5 fib . It definitely needs to breach this channel and close above it in Nov.

註釋

Ain't the retest of the channel beautiful?

註釋

Such a beautiful throwback we have here. I think that a retest of the channel is healthy for an upward move next.

註釋

I like to provide updates when the markets are in the RED! Remember my channel from up above? That's right. Here it is below again. This time it's showing BTC crashing back down to it. That's healthy IMO. It will just dip in the liquidity zone once more for it to come roaring back up. And that's my prediction for this week. Cheers!

註釋

PA is now at the bottom of the channel. If this price prediction is to hold, we need to see a good bounce off the bottom of the channel. We'll likely know more within the next few days.

交易進行

Look at how gorgeous this is. Poetry if you ask me....

註釋

Oh no, it's me talking about my channel again! IMO we're heading back to the top side of the channel for a retest. The last time we were there, it was right before the FTX blowup. If BTC climbs back up and breaks this channel to the upside with conviction, it's the end of the bull market.

A retest of the channel from the top-down is necessary.

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*meant to say it's the end of the bear market*

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Bitcoin is clearly on its power walk towards the top part of the channel... See my previous update. It's now taken a breather after it spiked a little above its middle band. I know the euphoria of folks screaming it's the end. But once you have clear guidance (channel) and CYA (stops), everything starts making sense.

If you're asking when are we breaking the top part of the channel, it'd be a shot in the dark. But if macro stays the same, it'd be in the third week of this month.

註釋

Not much updating here. But it's interesting to note that BTC is displaying some strength and is working on flipping the 17k resistance into support. We're at the stage of accumulation right now and it's been going on for 13 days. I think all eyes are on the FOMC meeting today. That will provide some catalyst for the move up next and perhaps the macro trend for BTC if it's abble to flip the upper band of the channel as support

註釋

Not much to update tbh, but I figured I show you an updated visual of BTC and the channel. It's still hovering within. It did make a spike up but had to retest the lows. Everything is going as planned

註釋

Amazing performance by bitcoin today! It shattered the top band of the channel! You have no idea how many shorts got squeezed in the process. It has yet to come back to re-test it but I wouldn't be surprised if it happened next