SatochiTrader

BTC 67500 CAN CHANGE THE TREND TO BELOW 60k -VERY IMPORTANT

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CRYPTO:BTCUSD   Bitcoin
Thanks for reading this update.

IF btc can gain below 67500 in the coming time frames with confirmations, then is BTC able to show a huge recovery trend which could bring BTC below 60K, to 56K Target.

Even the ETF hype trend can go over as the AI, and it can become a normal trend as we don't have a hype trend for APPLE of other stocks at this moment.

If we check depending on data the volume ranges on the market, then we see an overflow volume, which could get a recovery so there will be a new chance for new smart money.

Below 67500 with confirmation is an important trend for BTC where it could return to 56K.

The following will be on trend - IS BTC going to 67500 the important strong red zone of the trend.

We use the same way as we expected the trend below 42K to 48K and ATH.

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The buy whales and position holders should do their best to hold the levels, otherwise, we are going to see in high chance of a new return to blow 60K.
Comment:
ATH can be very risky for the recovery since we still have not gotten a trend recovery. And weekend volume is most time not a confirmed trend volume.
Comment:
This update indicates that this can be the end of up trend, that did starts months ago. 67500 can play the golden rule in this.
Comment:
ETF can become a normal trend, the same as the start of AI hype where more coins have seen huge corrections.

At this moment ETF is also active on stocks. there is no hype trend, which indicates its only about time. There is always an overflow of FOMO, that can get the price higher, but the reality of BTC.. is that there is a high chance it will get a correction late or early.
Comment:
The algorithmic price action statistic makes the possibility with time higher where the possible trend fall can be: at this moment 67700 becomes a level that BTC should hold before the fall. 90% of the use of BTC is to make profits... it's not Coca-Cola that produces a product. also if BTC increases there is a super high chance for correction.
Comment:
Momentum exit data, which could change to a higher exit price, we did expect before all cycles of BTC. For more details about the workway for the cycle - check the update from 42K to 48K and ATH. The first cycle trend did start at 26K.

Comment:
the overflow volume manages the market, when that volume decreases we could see the start of a fall trend.
Comment:
We expect also that Quantum Computing Will Be Bigger Than AI..
Comment:
BTC did show this more times,
Comment:
67700 is an important exit target for low time frame volume. if BTC can gain this target with confirmation, BTC will see the first trend fall.
Comment:
With time all the hype will end, also the ETF hype will become a normal trend like it's now on stocks. we have seen in the past manny hypes trends that did end.
Comment:
ETF gives no guarantee that every start weekly chart will explode with up volume. Data and price action are the key.
Comment:
There is a high possibility we will see a breakdown with confirmation below 67800, which makes at this moment the END a low time frame. further in the picture also the target for the end cycle with confirmation.

This can change with time, since price action changes (only becoming nearly) The price did already breakdown, it needs only a time frame confirmation
Comment:
There is also a possibility for main stocks to get correction soon, since the overflow volume since NOV 2023. This can affect BTC indirectly. ( all this depend on data)
Comment:
if our update correction goes as it shows than we could meet soon the BTC price of 56k. the low time frame is about to get confirmed for downtrend

Comment:
We followed many cycles and trends by btc with the same data. know that following a price action is a difficult trend since the price can play on all trends before it comes to the main target. the important is the main trend and that's what data shows more times. also from our least cycle expecting below 42K to ATH we have seen the same results.
Comment:
it can increase even much more than now. but the chance BTC will go to 100K and to 56K, is 56K much higher. when the volume falls, it can go huge. the low time frame confirmation trend entering time by time up. like every bull trend a overflow volume will end.
Comment:
We will follow the trend with updates as we did with 42 to ATh.
The low time frame END changed to 68100, this becoming with time higher depending on data.
Comment:

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