Jack-Strainer

31k-34k is the strongest BTC has ever been.....

Jack-Strainer Updated   
BITSTAMP:BTCUSD   Bitcoin
my last post labeled " BTC supper bullish weekly close" (it will be in the related ideas)
i noted that there were two scenarios about to play out when weekly closed under 46k
it said 31k-34k is the buy area which was scenario 2.

that tap of 34k could be the only touch we see who knows, remember 34k is the strongest BTC was ever at...
I note 31k too because the weekly never broke that level ever since we broke above 30k.

what we should look for is how this weekly will close, we have around 26hr left.

if we close under 31k the little bullishness that i have will fade, i highly doubt we break 31k but we might see a big bear trap played out somehow

its all up to the weekly.

will update this accordingly, we are testing the bottom of the second channel.

if i do find new strong support/resistance I will publish a new idea entirely.


remember the last top wasn't 20k.... its 18.5k
also on the way down there's strong support at 24k its not as strong as 18.5k or 31k
goodluck all

Comment:
Comment:
that is the most beautiful support bounce I've ever seen..... we will fight if you disagree

give 34k a round of applause

there was new support given but its nowhere near as big as 34k but there was added support so that's always good
- its exactly @ 35,900

good luck be safe
Comment:

hmmm... perfectly and i mean perfectly placed

lets wait for the weekly to fully confirm anything, id like the weekly to close above 40k to be fine.

news is important but obviously it doesn't judge the long term affect of anything, people will obviously need to sell for a war chest so if more news comes about other country's joining the war this could bring it down out of nowhere so no leverage!!!! NONE WHAT SO EVER, anything can happen and this could be a good or bad thing for BTC

all my love and prayers go out to Ukraine and the surrounding country's!!

good luck! be safe!
Comment:
also that new support line is @ 36.3k

its not @ 35.9k
Comment:

update;

id like a support bounce around 46k-48k and we will be ready for the real action
Comment:
Comment:
weekly closed above 46k with a potential 20/50 MA flip gl all

i see us going for 65k but that doesn't mean well break it
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