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#Altcoins about to surge harder! π₯ #BTC dominance might top soon as it's reaching now a triple resistance made of: β½ οΈA multiple year trendline. β½ οΈA monthly Kumo Cloud. β½ οΈKijin π΅ projection to the right. β‘οΈ #Altseason is on its way. π
#Bitcoin at $65,000 in the coming months? As expected #BTC third attempt to breakout the purple line of the Power Law Corridor was indeed the successful one. Bitcoin could teleport to the blue line which lies currently at $65,000. This line might even get higher meanwhile. π
#Bitcoin $51,000 seems inevitable. π My 4 targets have been hit. β Monitor the monthly candle close as if it closes above Kijun π΅ at around $42k, #BTC might never come back below it and the 5th target at $51k will get hit. On the other hand if the price goes beyond the kijun but finally closes below it in the monthly timeframe, then a second chance to buy between $30k and $40k is possible.
#Bitcoin $46,500 next? π π In the lower timeframe (15min) #BTC seems to be replicating the same exact pattern for 3 consecutive days. π 1β£ Run up. 2β£ Consolidation faking a potential H&S pattern. 3β£ The Kumo cloud supports the price while Stochastic RSI crosses bullish. 4β£ More consolidation followed by a run up. If this pattern were to repeat again today, $46.5k would be the target π― .
#Bitcoin VAH from the Fixed Price Volume Profile.β π― I shared with you my #BTC blueprint 6 months ago. What's next ? 2 potential scenarios: 1β£ (2016) VAH's breakout, retest and run up. π 2β£ (2019) VAH resists the price and correction. π What do you think is more likely?
I disagree with everyone that says 40k is area where big BTC correction starts. #BTC Breakout above 38.5k is a game changer and explained many times Expecting first big 20-30% correction in region of 47-48k. Will I be able to predict the last three years correctly with only two mistakes?
#Bitcoin New inside bar range $40,000 - $42,000. After hitting my $40.1k target #BTC is now progressing in an inside bar. The game is simple, there's no direction short term until the range breaks. π€ β½ οΈTenkan π΄ and Kijun π΅ are flattening which indicate a pause in the current uptrend. β½ οΈNote that there's a RSI bearish divergence which by the way does not always indicate a change of direction but instead just a pause in momentum. β½ οΈA breakout to the upside seems likely though as the momentum is bullish in the higher timeframe.
#Bitcoin 1st Macro destination is $50,200.π Extremely Low Volatility led to an impulsive move as expected. Watch the 78.6% Fibonacci retracement level at $50.2k. Around this level a healthy correction might occur for #BTC before it resumes its uptrend.
#Bitcoin passed $42,000 !π₯ π€ As expected, π― Target 2 and π― target 3 got hit. #BTC might reach the π― Target 4 at around $43.2. Manage your risk properly. Taking profit is never a bad idea when your targets are hit.
Only 33 days left until the next window for a #BTC ETF approval. Reminder that BlackRock has a 99.8% success rate on their ETF applications. 2024 will be interesting. Buckle up.
#Bitcoin Bullish Monthly close in the Kumo Cloud. π The bull flag I told you about 3 months ago played out perfectly. π€ #BTC managed to close November's candle in the cloud. In addition the kumo cloud just crossed bullish. Target 2 & Target 3 close to get hit soon.π―
#Bitcoin Bull Run has started. βοΈ π The best period to accumulate #BTC at good price this cycle has just ended.βοΈ The bull run has started imo and soon you'll see those who think otherwise FOMOing, fueling the Bitcoin price to the π .
#Bitcoin No turning back. π The 3 steps happened as expected. 1β£ Breakout of the trend line. βοΈ 2β£ Breakout of the 20 MA. βοΈ 3β£ Breakout of the Market structure. βοΈ Sorry for those who are still waiting for $12k, the reversal occurred. No turning back for #BTC this cycle.
#BTC is still within the range. The $37.8k level is resisting the price at the moment. Just a matter of time before it breaks it imo. Momentum is up and right below Tenkan π΄ at $37k and Kijun π΅ at $36.4k are in support. It's not a guessing game. Watch how the price acts at these levels and after confirmations, act accordingly.π€