This is incredibly Bullish and has forced me to switch sides much earlier than expected. Having originally thought we would see a deep 76.7% retracement (4.2k) before wave 5 up the 6k trendline, it is now clear this will happen much sooner.
Impact on the Halving Idea Minimal, Targets still intact, Big rejection expected at 6750 ish.
As you all know Bitcoin dropped ~84% from 20k all the way down to 3k. In the past few months Bitcoin has been painting a bottoming pattern: the failure swing bottom from Dow's theory. I see that absolutely no one talks about this pattern, instead I just see people who talk about an ABC correction that will bring us to new lows, like 2k or even 1k, which in my...
HT Trading Team updated investment idea
Hello guys Hidden Treasure here with some juicy TA for my beloved team and followers.
We have decided that it would be more ideal to do a long on the retest of the lower trend which are the 3650-3860 areas where the 3650 is just on the top of the lower trendline.
correction may start below the top of this channel from...
Welcome to this updated analysis on XBTUSD Let's get right to it!
We now have the possibility of further declines and we will analyze the variables.
The technical rebound has been carried out as analyzed, and its width has also met the expected range.
The continuous decrease in volume and fluctuations are proceeding. If the
yellow line, which was the...
Sorry - Another update..
The joy of continuously thinking, is you end up doing revision after revision around the same theme until you think you have it right... and then... you have a new idea :D
Targets still the same though so that's something :D