BTC : BREAKOUT ABOVE 21K WITH GOAL 24K TARGET

2022年10月29日

This is a small update with the last view for BTC.
we see that the trend support made on 20700-20800

Bitcoin seems into an accumulation zone which can be in the short term the reason for the breakout above 21K
This breakout will confirm the next trend that will bring BTC to 24K

Depending on our study we are into the new bull trend.
#Markets makers will try to focus the price so low, so they can buy cheaper, but since whales buying cold wallets, it can go with a high breakout above the trends.

It's not for noting that more than the 11B shorts did get Liq. short on this reason very risky. (At the same time they risk the bulk whale breakout to 24K)

let's see and follow BTC, as it can be the most important week of BTC for a long time


Here below is a view from the bull trend on side of the algorithmic side.
We use also a cold wallet system for whale trends to see last trends.