BTC on the 2 week chart. Ichimoku Cloud. Can the Ichimoku Cloud tell us when the market will crash before it does. BTC expected double bottom before the end of 2023 with an overall market deterioration by Jan 2024.
This is a 2 week chart of BTC using the Ichimoku Cloud and past pattern with hindsight of economic conditions (Covid 19). As many economists and market specialists have been saying we are in for a massive downturn. With the FED kicking the can down the road and inflating the economy more with Bank Bailouts, will we see a deflationary regime to the global earnings...
Greg Mannarino looks at the debt market and calculates the risk in the Markets. This is an active view of his chart.
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Low 50-100
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BTC is under pressure can it mount a rally? This is the BTC 1 Day Chart. We have two bear flags stacked on top of each other and some other candlestick patterns that suggest a further slide is eminent. BTC will start a rally soon. I may be wrong, but let's see on Monday July 18. This is the day I believe BTC will start its rally upward.
In this Chart BTC has been losing 5 days in a row, the potential to drop 28% from June 6th over the next few days is possible. These are very similar patterns, timeframes. As we are on an Expanding triangle. Wave 5 is close at hand.
