As #Bitcoin dropped to prices around 60k last week, only one question mattered... could the 20-week EMA at $61,835 be held?
Then yesterday just before closing, price raced up to form a wick below the moving average.
Another healthy retest has been completed!
I am confident new highs are around the corner with patience.
I was bearish at 72k because people were targeting 85k, and i was saying 45k.
Made a lot in a big short.
Now people targeting 45k but being trapped in late shorts.
I'm looking for a bounce in this fvg to liquidatelate shorts,
above 67keks will destroy shorts.
$BTC
#BTC Still in this scalp long 🚨
Reclaim monday lows and flip that 200EMA and we will have another run higher 🚀
A short squeeze is coming soon or later imo 🩸
#Bitcoin will continue higher ?
If you've been paying attention to USDT.D, you're likely aware of the inverse correlation between USDT.D and BTC.
If you look at the chart below, USDT.D has broken down of a strong trendline support and is currently testing a horizontal resistance line, while BTC is consolidating near its all-time high.
If this is a bearish retest on USDT.D, it will get rejected here and continue downward.
Consequently, we can expect a massive leg up in BTC, sending it to a new ATH and into price discovery mode.
Retest on a Descending Triangle Apex has been seen on $PROPC chart 🔥
This may be a perfect entry point if you don't hold any $PROPC
@PropChainGlobal had their launch of the new @PropGlobal platform & website. They will have a several top-tier web3 partnerships soon.
#Bitcoin is forming a bullish pattern around the halving price till now.
It's currently in a re-accumulation zone and will soon break out towards a bullish continuation.
#BTC
Bitcoin remains on track for a longer Bull Run
However, the current rate of acceleration in this cycle is still ~170 days, despite Bitcoin experiencing a 3-month consolidation period already
However, Bitcoin needs to remain in this ReAccumulation Range for at least 90 days or so more to get closer to resynchronising with past Halving Cycles
$BTC #Crypto #Bitcoin
#BTC
New Weekly Candle Close has occurred below the Range High resistance of the Re-Accumulation Range (red)
This likely sentences price to further consolidation inside the range
The Re-Accumulation Range is between ~$60,000 to ~$70,000
$BTC #Crypto#Bitcoin