Back to 3k$ before 300k$?
Probability that this happens exactly like mentioned here: extremely low... but this is the scenario that would surprise me the least...
I expect a decisive dump coming for the reasons explained below. Why decisive? because I think that the outcome of that expected dump will define whether we have already bottomed or not. If the 200 weekly Moving Average keeps playing as a strong support for Bitcoin, the chance that it already bottomed is high. Bitcoin is testing a long term resistance ...
Here are only the positive signs for BTC and I would not be surprised if it tests the 200 weekly Moving Average in the coming days. Ichimoku analysis valid if BTC close the day above 3860$
Confirmed if Gold breaks the 1370$ level
Rising wedge on the 4h time frame with declining volumes => Bearish Rejection of the $3,480 resistance level => Bearish Sell signal on Stoch RSI 4h (lives crossing each other) => Bearish Lines on the Stoch RSI Daily getting closer from each other => Bearish BTC is touching the ascending trend line of the RSI on the 4h timeframe => Bearish Ichimoku: The price...
Target $2,500 Bearish arguments: Bearish trend A lot of short positions have been flushed recently without short squeeze effect US Shutdown negatively impacts the ETF decision. I expect a rejection between Feb. 23rd after the last trade of the CME futures and Feb. 27th the ultimate deadline
Bearish divergence + H&S pattern T1:13.38
Very good project from a strong team. But on the TA side XMR looks dead
I expect a bear flag that will cool down the RSI a bit then a new sell-off T1: 53 T2: 46.5
If GOLD cannot hold 1250$ and breaks the bear flag on the lower side: T1: 1060$ T2: 875$
Target if the bear flag is broken down: 11.65$
Target in case the bear flag is broken down: 90.55$