Learn 300 German Words in 30 Days Challenge
Day 1
1 - Hallo: Hello
Wenn ich jemanden zum ersten Mal treffe, sage ich gerne “Hallo”
When I first meet someone I like to say “Hello”
Learn 300 German Words in 30 Days Challenge
Day 1
1 - Hallo: Hello
Wenn ich jemanden zum ersten Mal treffe, sage ich gerne “Hallo”
When I first meet someone I like to say “Hello”
$BTC
Primary Macro Analysis
I have taken the time to really try and force myself to put a higher percentage for the bull case, but for now, I can't due to the distribution pattern of 2023. It will all depend on how volume pulls through for this extended wave 3 and how shallow of the pullbacks we get for the nesting structure.
👉 Having a very shallow wave 2 to retrace only down to the .382, let alone having a flat for a 1-2 makes me question the probability due to the size in comparison of the 2019-2020 primary wave 1-2 pandemic correction. If you are truly focusing on fractals, then you shouldn't leave that fact out. Not impossible, but should be questioned without bias. If you are putting bets on the bullish case, then you are without a doubt in the full bullish camp and hoping for a true miracle. Bitcoin has given miracles, so that isn't out of the picture.
👉 For the bearish case, I have labeled it as a 70% probability, just due to the consistent pullbacks we had that makes the distribution pattern that much more convincing as a 3-wave (bearish rally for 2023-2024) instead of a continued impulse. How many times have we predicted 1-2/1-2's successfully beforehand? Not many.
Will upload a medium timeframe, soon.
$BTC - If it is indeed the bear case the ETF launch could mark the top of the rally.
That seems like it's a month or so away so bias should be with the trend & bullish until then.
Buying the anticipation & selling the event happens often so be careful around the launch.