CRYPTOCAP:BTC has become very interesting. -Perfect tap of the 78.6% -2 days left to close below $55k -disgusting amount of BTC being transferred to exchanges. -all CME gaps now down below. -lots of alts recently started playing catch up. -Market has gone in to extreme greed. If we do not reverse from here then I will admit defeat and probably agree...
Watch the magic unfold, BTC has a potential wick in to 39k and then it is over for now. Next point of interest is the 25k region. Alts will follow. 2024 is looking bright.
I published the idea weeks ago but trading view took it down. We have now just spiked back to the 78.6% perfectly. Do as you will with this chart.
My Bearish XRP chart and the reason overall i remain bearish. I would like buys in the region of .12-.16 but will start accumulating anywhere below .29
Since my last chart got taken down for no reason here we go again.
I've kept my analysis simple only using zones and if you zoom out on the daily you can see we are BEARISH and currently undergoing a retracement. if the markets cooperate hopefully we will see it hit the daily resistance level and bounce nicely down to our 2 support levels which we will use as our TPs.