TOTAL 👁️👄👁️Some hopium.
When in doubt… look at TOTAL.
Many charts look awful, TOTAL doesn’t.
Higher TF structure and trend remain extremely bullish currently.
We’ve now seen the worser-end of the move down from ATHs. Coming in for the complete 80K dump with the TOTAL 2.85T zone covered in our previous crypto reel being fulfilled to pair.
Being completely honest, whilst we’ve covered from ATHs the target can stretch all the way down to 80K, weren’t expecting it to actually do it and of course were looking for a stronger recovery quicker.
However, because this remained within our overall plan and boundaries, this has kept us calm as part of the overall bottom-tracking phase. This is also why we’ve told you all to filter out the noise and ignore the FUD.
In situations like this, always keep your eyes on TOTAL. It doesn’t matter where anything else is situated and trading, as long as TOTAL remains within structure and aligned with the correct technicals, which currently it is, giving strength to the idea a reversal could soon be coming into play.
We’ve seen a great weekly closure back above the Trendline. This is why we mapped out this region in the previous reel, as it was a great outstanding danger and shouldn’t be treated as bearish.
All eyes are now on the monthly TF.
Can we see a stronger recovery moving into the final week of the month? Very likely.
At the very least… holding this TL for the monthly closure will help bring stronger prospects into play.
The next few months could be very bullish and will likely catch most off guard.
Critical for TOTAL to remain within structure.
For the full breakdown… make sure you watch our Crypto Weekly Outlook provided for members in our app today 💪🏼
I waited 3 years to buy the bottom again. I bought fil between 70c and $1.50 DCA. People telling me the crash wont happen it’s too bullish. Look at me now 😍 many more daily gains like this to follow we’ve not even began alt season yet. Generational wealth about to be printed 💵
@TorayKortan @AskanderOliver T I’m an innovator - managed to get in algo at 11 cents. Fucking kraken though, done me dirty. Had orders between 10-17 cents scattered and not one hit
By the way when we hit 5 trillion marketcap you better be selling 80% of your holdings. You really think bitcoin wont go below 50k again ? I’ve seen it all before
Most of you didn’t take profits when 400-500% up wtf were you thinking, that it was going to keep going up? Take some profits and re invest on the lows with your profits it’s that simple. One more big drop however to flush the lows then alt season truly begins
@Iced_IMP@jaydee_757 Me too 😂 I’m currently winning either way so all good. I just want that diperoo on bitcoin to drop the alts that haven’t gone up properly yet, then I can go all in. It’s looking likely.
@Iced_IMP@jaydee_757 Most coins will die and that only way that’s gonna happen is a capitulation event. The OG’s know what’s coming. Do I think there will be an alt season and bigger run up on bitcoin before this though ? YES
@Iced_IMP@jaydee_757 Log scale shows easy return to 60k from the breakout in October. Then you’re closer to 30k than 100k. All it needs is a bkack 🦢 to get back there at that point. I’ve seen a few of them over the last 8 years. Tether fails, another pandemic who knows 🤷♂️
@Iced_IMP@jaydee_757 A simple trendline from the March 2020 and December 2022 low is all you need. It’s hard to imagine but a lot of newcomers will get Rekt. Overtime though bitcoin will rise and rise but it will have its bad moments and days of fear at some point
@jaydee_757@Iced_IMP People haven’t experienced a huge portfolio crash before and until they do and learn from it they won’t take profits and chase the money - bitcoin will be below 30k again one day and it will be biblical. Could take weeks could take a years but it will happen