GoldHatTrader

GoldHatTrader

Ok so the market broke down structure, (that's never a good sign) however its trying really hard to turn around but its still undecided yet, There are 2 outcomes and it will all depend on what BTC do at 62.8k (63k) If the price line fails to go above 62.8k and hold then that would mean a rejection of the uptrend and a change of character to the downside and a...

GoldHatTrader Updated 

BTC in the short term I think BTC will make a retest of the 63k to then start gaining some momentum to the upside around 69-73k, I think it will reject at around 73k but anything could happen, this is the market after all, I would like to see BTC breaking above, but we are yet to see how it will behave when it start reaching those levels, we will see when we get...

GoldHatTrader Updated 

This is a continuation of my previous Charts, I think BTC will visit the 61-62k again for a liquidity grab and stop loses hunt as stated in my previous chart: after the liquidity grab I am expecting BTC to retry the 70-73k line, If too many people open shorts at 70-73k then I would expect another Higher High at around 78-80k

GoldHatTrader Updated 

It makes sense from a market maker perspective. Why would I push prices down if I know its going to get bought, No point in going down now.

GoldHatTrader Updated 

Bitcoin is at a critical pivot point currently, It might go sideways here with a change of some sell outs happening, however if the price of BTC stays above 59-60k there is a strong chance that BTC will make it to the last Elliot point (5) If BTC successfully maintain the price above Elliot wave (4) then I will expect an all time high at around 80-85k Always put...

GoldHatTrader Updated 

At this point I will expect a decent dump just right before halving.