April 23rd to June 7th
For the next 45 days, we are probably going to see an accumulation. In special, a Wyckoff accumulation pattern forming under the prior ATH due to five main factors:
1- The Triple Witching time span from March to June
2- The Data-driven approach by the FED and low unemployment rates
3- The Fast rise of prices from 27 to 73 within few...
Chart says everything.
All the possible outcomes to be looked at, the trends Times are not entirely tailored, so it may be not well fit for the time of the events.
As I just had a kid, couldn't tailor the multiverse approach as regularly. Deal with it.
We're now at the second time trying the key resistance. If it pivots down again, we might see a great short unfolding.
If it keep on top of it, accumulating OI. The macro (exogenous) mid-term bullish play will occur until 46k, where the 1st touch short would occur.
To the down side, we see 32.8k again, so the Range that is the real thing right now, will get fully...
Macro will unfold until the end of the year, but macro investors might be already know what will unfold by the red vertical line by the end of the year.
We are ending a year long accumulation (White) versus a monthly trend (Purple) in a Weekly accumulation as well. Most of.the players don't tend to see further than Weekly trends, so It might look like the Weekly trends are more volatile, but the year-long trend will decide the path, along with the horizontal supports and resistances. As soon as possible, I'll...
Year x Monthly Trend x Wyckoff x Options x Wedge
Need to retest the Year Trend (White) to confirm, rather sooner than later, but we know how macro might experience turbulence until the end of the year.
The 'bad' things are nothing but a opportunity to accumulate more BTC, the only digital commodity. <3
The modeling, along with the control points shows 37.79k as major resistance for medium term.
The triple witching closing month infers in a possible continuation of the bullish view.
If it fails 37.79k, to keep a uptrend, we might fall back into the annual trend (white trendline), in middle September.
