SUMMARY: ST Bearish , we continue to consolidation and anticipate 1 week or a bit longer before up trend continues.
-- Technical --
The previous analyses are attached. Continuing to range, looks like we will retest support.
MACD 1D is showing up momentum is continuing to slow.
We are in a slight downtrend channel - Bull flag in the big picture - and expect a support test around the 50k ish level.
-- Fundamentals --
Looks solid for BTC and expect record breaking highs and people's disbelief when it happens.
BTC top 150k (providing no liquidity event occurs) looks on target .
$$$ Happy Bull Market Alts season is here $$$
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.
SO: What do you think, have I got it right? Let me know below.
-- Technical --
The previous analyses are attached. Continuing to range, looks like we will retest support.
MACD 1D is showing up momentum is continuing to slow.
We are in a slight downtrend channel - Bull flag in the big picture - and expect a support test around the 50k ish level.
-- Fundamentals --
Looks solid for BTC and expect record breaking highs and people's disbelief when it happens.
BTC top 150k (providing no liquidity event occurs) looks on target .
$$$ Happy Bull Market Alts season is here $$$
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.
SO: What do you think, have I got it right? Let me know below.
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Pro tip: "When in doubt, zoom out."
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Bitcoin Fear and Greed Index is 31 — Fear
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This bull flag has played out well. I hope everyone has been about to take some profits.
Looks like we have fire sale of crypto assets on discounts.... for a short time only.
Looks like we have fire sale of crypto assets on discounts.... for a short time only.
