this TA is the most simplest in the planet , you see 2 trendlines
1st the green one which is the older - the first and second major resistance bitcoin encountered . but now it acts as dynamic support - in current days it should be around 10k
the 2nd resistance red is still active - as you can see when we get to close contact we get rejected ( 2 time this bull run) if you look at 2017 2018 bullrun we were able to pass it and make some increadible moves- if bitcoin is able to pass it this bull run and make it support we might se minimum 3x move from here- which will lead us up to 150 to 200k max .
if we get rejected again we will probably move down to 10k dynamic support trendline -
stocks are simple, you guys are making everything complicated . just draw 2 trendlines you will see the truth .
please if you could draw the trendlines better please do :D it will help all of us . i dont think anyone ever talked about these trendlines before on TV. :)
if you think we are gonnna get rejected again from the red trendline you might short why not .
if you think we are gonna pass it and make it support then we might moonshot from here .
but always remember this - this bullrun we have big companies and institutions into btc - will they allow btc to dip back to 10 k, i dont think so - the 20dweekly MA's are catching up and looks like time is up to our side this time (still no alt season though... strange) the 200w ma should be around 11k i think .(im saying this again im please if you could draw it better please do ! BUT SIMPLIFY IS SMART - OVERCOMPLICATION IS STUPID ! )
so big support at 10k big resistance going up to 65 k . in between we also have supports, maybe flash dips and wicks but i dont think institutions and major players are going to allow to btc to go and close a candle around 10k (lets not forget that everything is moving - towards the upside its dynamic moving lol) time is at our side .
this can help you alot, nothing complicated about it . just look at it ZOOM in ZOOM out .
dont get scared . be informed . :)))
1st the green one which is the older - the first and second major resistance bitcoin encountered . but now it acts as dynamic support - in current days it should be around 10k
the 2nd resistance red is still active - as you can see when we get to close contact we get rejected ( 2 time this bull run) if you look at 2017 2018 bullrun we were able to pass it and make some increadible moves- if bitcoin is able to pass it this bull run and make it support we might se minimum 3x move from here- which will lead us up to 150 to 200k max .
if we get rejected again we will probably move down to 10k dynamic support trendline -
stocks are simple, you guys are making everything complicated . just draw 2 trendlines you will see the truth .
please if you could draw the trendlines better please do :D it will help all of us . i dont think anyone ever talked about these trendlines before on TV. :)
if you think we are gonnna get rejected again from the red trendline you might short why not .
if you think we are gonna pass it and make it support then we might moonshot from here .
but always remember this - this bullrun we have big companies and institutions into btc - will they allow btc to dip back to 10 k, i dont think so - the 20dweekly MA's are catching up and looks like time is up to our side this time (still no alt season though... strange) the 200w ma should be around 11k i think .(im saying this again im please if you could draw it better please do ! BUT SIMPLIFY IS SMART - OVERCOMPLICATION IS STUPID ! )
so big support at 10k big resistance going up to 65 k . in between we also have supports, maybe flash dips and wicks but i dont think institutions and major players are going to allow to btc to go and close a candle around 10k (lets not forget that everything is moving - towards the upside its dynamic moving lol) time is at our side .
this can help you alot, nothing complicated about it . just look at it ZOOM in ZOOM out .
dont get scared . be informed . :)))