Bitcoin Pump July 2022

4 thg 7, 2022

The Fibonacci resistance level comparisons since the All-Time-High (purple) and the previous high (green) show a correlation to the main resistance at 29K USD. I am expecting a pump to at least ~25K USD, which is the lowest fibonnaci resistance level since the beginning of March (previous high).

I estimate the pump can happen from the 4th to 8th of July 2022, if we should see a RSI bullish rejection breakout (which seems very likely now).

This is not financial or investment advice.

17 thg 7, 2022

Ghi chú

Looks like we are transitioning from a full pump to a steady rise. The bears just do not want to accept the inevitable rise of the Bitcoin price. Either way, its looking good for the bulls.

20 thg 7, 2022

Ghi chú

Expecting a bearish sentiment around 25K to 29K USD. Waiting on the price to reach 29K USD before buying BTC seems like a risky bet, but if the monthly candle finishes above 27K then we will be likely to see 29K as well, sometime next month.

20 thg 7, 2022

Ghi chú

The Elon Musk sell-off dip might scare shaky hands. I am not waiting for 25k. I am now waiting for the bottom of the dip. It might be a small dip or a large dip.

30 thg 4

Ghi chú

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.