$BTC just reached the 61.8% validation price to go lower which is at $70.8k.
Crucial moment to know if it already bottomed or it may go even lower.
If it fails to break the Invalid Zone, then we may see a distribution to the 50k's soon(?).π
Update on $BTC on local timeframes, bois! β³
It's pullback time, it may retrace at $70.3k - $72.4k to validate the micro wave-2, thou it may come shorter.
As long as it doesn't push through at that invalidation price which is at $74k, it's safe to say we're going lower soon.
Update on $BTC on local timeframes, bois! β³
It's pullback time, it may retrace at $70.3k - $72.4k to validate the micro wave-2, thou it may come shorter.
As long as it doesn't push through at that invalidation price which is at $74k, it's safe to say we're going lower soon.
$BTC nearly reached the 161.8% Fibonacci Level validation price, yet failed just like yo mum failed to make me com.
Invalidation of this current count will be at that current high which is at $74,075.
Confirmation will be at $67.4k
We can also see based on ICT/SMC terms, that a clear weekly rejection candle on $BTC is about to form which filled an imbalance or fair value gap.
The second imbalance above it may be filled after we sweep the recent sellside liquidity (SSL).
Thou who knows, it may just pump.π
AMD setup on $BTC just "ongoingly" playing well.π₯
It indeed may really be just a short squeeze and late long traps, dayum these market makers, bruh.
Let's try to catch that bottom, shall we?
Stay tuned, bois! π
AMD setup on $BTC just "ongoingly" playing well.π₯
It indeed may really be just a short squeeze and late long traps, dayum these market makers, bruh.
Let's try to catch that bottom, shall we?
Stay tuned, bois! π
Will $BTC also be a possible AMD setup?
Is the current pump may just be a short squeeze and late long traps?π€
Welp, who knows?
You, bhai...wdyt?π«΅π₯Ίπ
Will $BTC also be a possible AMD setup?
Is the current pump may just be a short squeeze and late long traps?π€
Welp, who knows?
You, bhai...wdyt?π«΅π₯Ίπ
$BTC nearly reached the 161.8% Fibonacci Level validation price, yet failed just like yo mum failed to make me com.
Invalidation of this current count will be at that current high which is at $74,075.
Confirmation will be at $67.4k
$BTC nearly reached the 161.8% Fibonacci Level validation price, yet failed just like yo mum failed to make me com.
Invalidation of this current count will be at that current high which is at $74,075.
Confirmation will be at $67.4k
$BTC reached its first validation price to finally move to the downside, thou bullish momentum is still strong.
We may see bearish divergences on multiple local timeframes in order to confirm the last leg(?).
Let's try to eye the bottom...or maybe the bottom is already in?π
$BTC reached its first validation price to finally move to the downside, thou bullish momentum is still strong.
We may see bearish divergences on multiple local timeframes in order to confirm the last leg(?).
Let's try to eye the bottom...or maybe the bottom is already in?π
$BTC on local timeframes.
Let's see if it invalidates 67.8k - if not, then we may be seeing one more leg to the downside sweeping the 59.9k low and may go lower and may create a Daily Bullish Divergence.
If it breaks the 67.8k, then micro wave-5 may be truncated.
Did you know?
The FTX Collapse which saw $BTC drop to approximately $15,600 from $21,000 per bitcoin
occurred around the same time as a total lunar eclipse blood moon.
This event is often cited in crypto community discussions regarding historical market downturns that have aligned with lunar eclipses.
and today is the Blood moon event.
$BTC on local timeframes.
Let's see if it invalidates 67.8k - if not, then we may be seeing one more leg to the downside sweeping the 59.9k low and may go lower and may create a Daily Bullish Divergence.
If it breaks the 67.8k, then micro wave-5 may be truncated.
2nd Scenario is the most likely happening right now.
As we can see currently in the market, there ain't no huge volume supporting the bulls at this moment, we may see another lower-low in the next few days, bois.
2nd Scenario is the most likely happening right now.
As we can see currently in the market, there ain't no huge volume supporting the bulls at this moment, we may see another lower-low in the next few days, bois.
My 2 cents on the market right now.
1st Scenario - will be a nested 1-2's have been created making a further move to the upside.
2nd Scenario - will be the one where it creates another lower-low for a bullish divergence in the daily timeframe to be created.
My 2 cents on the market right now.
1st Scenario - will be a nested 1-2's have been created making a further move to the upside.
2nd Scenario - will be the one where it creates another lower-low for a bullish divergence in the daily timeframe to be created.