After the drop and downgrade from JP Morgan from 112 to 100. Oracle completed its (4) wave. Possible completing a subwave 1 (blue color), price looks losing steam, so maybe it is time for a healthy pullback to wave 2 (yellow box) and continue for the best wave 3 rally and get the target at the golden ratio.
Of course, news could invalidate this count, but in the...
just my view using SMA. Last bull run were about these SMA (50-100-200), so we need to wait or accumulate (if you want), but I believe the super cycle will be at the end of 2024.
For now BTC will consolidate all SMA to keep close it before explode.
Coin is descending in a bear market as indicated in the PitchFork, but It is close to the bottom of a descending channel.
For Now COIN is in a critical zone.
PD: Not Financial Advise.
Matic will finished this year releasing all their tokens. Only 2 releases left are scheduled this year (March and August 2022). Crypto is in a Bear market, and BTC needs more time to push price up and the stock market has issues in the global economy.
First Analysis of BTC.
BTC is forming a Flag triangle. A reversal on the triangle support could means a bull trend with a short term target of 75K aprox. BUT this will depend on the meeting by Thursday (Jan 20th) related to the energy use of BTC. Also BTC could move uptrend as LUNA did in the past.
This is not a Financial Advice.