moneer618

Moneer 618, warns of an imminent Bitcoin collapse

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moneer618 Updated   
INDEX:BTCUSD   Bitcoin
Moneer618, warns of an imminent Bitcoin collapse after surpassing the previous peak of 31,800



The recent rise from the bottom of 24,500 to exceeding the previous peak, which was at 31,800... without any momentum. This is clear evidence that the wave is a correction wave for the downward path from 69,000, and it will be followed by a sharp decline that may take us to 10,600 = approximately 11,600 for Bitcoin.
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This is almost the goal of Bitcoin
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The end of the road for Bitcoin
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Almost reached the goal
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Bitcoin has reached the target zone
What we talked about on October 23 ranges between 36368 = 37761
With a negative deviation of the MACD indicator
So I still say that this area represents a bearish top for Bitcoin
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Confirm landing
Falling below the level of 34975, closing the four-hour candle and definitely the daily candle
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Bitcoin time intervals for the upcoming period
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Was the price of Bitcoin expected to fall?
Yes, we expected that. Thank God
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Bitcoin is still in the process of forming a falling top. So please be careful
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The target area that we talked about on October 23 and 24 is still the target for Bitcoin. 37761 is still a very strong wall that Bitcoin must overcome.
Signs are negative for Bitcoin, even if Bitcoin is at a peak. This means that any rise in Bitcoin will be an opportunity to sell it.
The bearish trend signal is confirmed by a drop below 34,800 and the closing of the weekly candle.
Good luck, guys
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I still expect the peak for Bitcoin to be in the areas I talked about previously, which is approximately between 37785 = 38378.
However, if these numbers are exceeded, the goals will be as in the picture.
Next time interval date 01 DEC
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This is the area we talked about between 41256 == 42242
Important and powerful, it is the second goal of Bitcoin. Please be careful of it.
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Price = time = 45107.00
127% = 45667
141% = 47947
61.8% = 48557
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please pay attention :
There is no good momentum and liquidity with Bitcoin rising.
In the event that a new peak is achieved for Bitcoin, there will be a negative Divergences .
good luck
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The expected time period for Bitcoin price reversal is entered from 12/31/2023, and the reversal is assumed to be maximum until 1/27/2024.
We have time resistance on 01/09/2024 and also 01/18/2024.

Bitcoin targets in case of rise or fall on the chart.

Good luck
MONEER 618
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As shown in the figure, it is clear that we are in the final fifth wave of Bitcoin's rise.
So please be careful because it will be the last rise and after that it will be a bearish wave
Numbers on the picture
Good luck, guys
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