#Bitcoin is forming the same <10% rectangular consolidation.
RSI behavior is the same.
If it breaks out in the 22nd day of the consolidation, we could get a big gift in Boxing Day.
#BTC Dom. Weekly at a crucial point
Currently sitting on support
Upcoming week will be important, closes below the orange box and it's likely the top is in; it would form a lower low and end the uptrend
It has been resilient all year but showing weakness as it has gone below the previous high already for the first time in the past year and has not recovered
A lower low would likely trigger the start of a breakdown:
#Bitcoin
$48,000 as the next big target for $BTC is inevitable. If it breaks above that, we could even reach $60,000. 🔥
I 've been sharing this chart since 2022 and everything is going according to plan.
It was no different in 2015/2016
It was no different in 2018/2019.
#Altcoins Propelled! 🚀🚀🚀
As expected altcoins have surged in the past few months. 🤝
Once the double breakout is confirmed on the monthly timeframe it's fireworks 🎇
#Altseason
This is what i expect once we hit $47,000 - $48,000. I expect a rejection and some form of pullback into Q1 next year ..
Hard to predict where we come down to, but once i count a 3 wave down i will then be letting everyone know where i am buying back in on #Bitcoin
#Altcoins
This is probably the biggest signal for Altcoins.
The blue line in the RSI has now been broken to the upside.
The last time this happened was in 2016, after which we saw the biggest bull run for Altcoins to date.
A VERY large inflow of capital is coming imo🔥👀
#Bitcoin Big Liquidation/Liquidity Cluster at $44.5K taken out.
Currently there's no big zone in nearby proximity.
$43K & $45K would be the first big zones.