Bitcoin is crawling back up to 28.1K.can it make it there to take the big liquidity or it will get rejected and collapse to 25.9K at least
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Bitcoin Holding a good range to sweep both sides for FOMC - to the upside 28.1 and downside 26.5. after that it will make the main move.I didnt mention fibs today but keep them in check.
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BTC took some daily high (27.5) remains.now it will squeez weak short hands Then it needs to sweep the lows.if the low holds we could see a surge in price tomorrow on fomc
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BTC been ranging around high 29K and with its previous drops it had to 29.5 , 29.6 and 29.7 (recent one) the lows are forming a bullish structure.will see if it plays out or jebaits us and goes down.
IMO first 32K then 28.6
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Bitcoin is forming a bear flag pattern right now, which indicates a potential continuation of the downtrend. However, there is also a strong support zone at the 25.1 Fibonacci retracement level which can bounce back up
If bitcoin can break above the flag resistance, it could rally to the 29K level, where there is a major down trend line that acted only as...
Bitcoin/4H crappy volume after 3 leg to the downside.keep in mind the downside MUST be faster,more painful so all the upside movements mentioned in the video is way less possible than down side moves
Overall this looks like bearish momentum is heavily building up and a capitulation candle is due.
Bitcoin/1H doing a pennant that is a sign of continuation ( maybe with a small up move ~24.2)
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Bitcoin has been going down for couple of days , Bulls getting demolished on every RIP they push it. meaning smaller upsides bigger downside and with the pennant its doing it could come down...
In this video I've analysed BTC and its price action then I analysed liquidation cluster of bitocin and where the liquidity is after that I analysed SPX since its connedted to btc and at the end short DXY review
IMO btc will go up around 23600 or 23200 before going downwards and a slow bleed has been started , there is a head and shoulder play that Ive discussed...
