On the one hour chart the stoch RSI crossed marking a bullish divergence this morning. Just like clock work on the 21st of the month we see the first big dip until the 23rd which BTC will most likely hit $59k by March 25th and then dip to around 50500 to 51k until March 28th when the $6.1 billion in options expires whcih then we will begin our ascension to 70k-75k. Just like last month, same exact scenario. Ride this ride and then sell the peak, buy the dip at 51K.
Trade active:
The TP has changed based on more chart and fib analysis. Target price of 56,000-56,500. it will double top over today and tomorrow before falling to the 50k-51k area.
Order cancelled:
Welp this was playing out exactly as I predicted it would and that's because these trading bots that come on when BTC hits a high and dips are predictable and follow patterns. But then I saw the craziest thing happen at 230 am this morning and my previous prediction is now in play. Bitcoin shot off like a rocket from 53k all the way up to 56k smashing all the bears. They couldn't handle the power behind it. Heard that $1 billion in BTC was moved to a Coinbase custodial wallet yesterday! And you probably guessed it! It was our amazing friend Elon Musk blasting off in his space x ship taking bitcoin with him. The bears got Musked!