BTC suprising once again, very bullish setup on RSI and MACD

The signs were all set up bearish, I did expect a correct move up until 28 198 on EW, but I did not expect to have such a bullish run up to 28 500! So the bulls are still powerfull in the market, which makes the situation even more tricky then it was before, bec it is the same with the bears. The bearish Scenario is until 31k still in place, From 31k I will flip bullish.

Still on the Hurst cycle we expect 2 lows, one in June and one in July, which count from the highs we make now.

On Elliot wave we are in a corrective 2-C wave up until 29 300, but then will correct until 21k-18k down. This is all on a Daily chart, so it may take quite some time.

This is not a financial advise, always do your own research before investing,

Comment:

This timeframe I see most probable: because of the phased forces in the market:

until 4th June: bullish realistic is around 29 300, but max limit 31k
after that until 20.June: we should see the bears take over and bring the price down to 19k-24k.Excited to see how it evolves :) As told before, BTC is always good for a surprise

Comment:

BTC got 2 rejections, one off the 28500k, tried again and got the second rejection at 27850. It might try it a third time, but most probably it gets rejected again and gets back down to this time 25k-ish as a first stop down. My previous levels still all in tact. Let's see :)

Comment:

BTC is in a zone of very mixed bull/bear forces, called neutral underlying! But as we are comming from a bullish channel, this is considered to be a bearish trend inside a bigger long term bullish trend starting in Nov. 2022, which is going to be valid over 20k! The bearish smaller trend, started 14.04.2023 and is considered as a correction. From 20k down, I would start to flip bearish on the long term, until then it will remain a correction, so bearish on the midterm, but bullish on the long term.

Comment:

I think we reached the high peak at 28432,04 on the 29.05.2023 and until 20.06. I see the price making further downwards move in the range between. 25250-18600 Usdt, where the Wave 5 ends. Again, these are my results of own calculations, not a financial advise, do your own research always.