Just an idea! drop all theories and just look at the chart! We took off!, made 3 great attempts but, now is the time to check yourself before btc Rekt it self.
Check out the side -by- side view of the 4h and the daily. If nothing else enjoy the colours!
Here's a side by side to drive the point home. I get the feeling that the miner's aren't done selling yet!
Take a look at Hut 8, a Bitcoin mining operation. This takes a lot of the Noise out of the Btc chart and gives a smoother view in my opinion of what the market as a hole is doing. This Co, has and is expanding it's mining operation in Northern Ontario, Canada! With One active mining operation with two more facilities in the works! Don't sleep on this one.
That was a surprise to see on a holiday Monday for the people in the U.S. I don't have much to say other then be careful! I just wanted to post my final colour scheme and needed text!
I spent all day colouring in the chart, I hope that someone enjoys it! Watch out for the $30,500 testing resistance could retest and dump??? Play safe and have fun!
Just playing with the colours!, trying to class the place up! Go BTC!
Here's a possibility that could play out going down to 18k! NEED! to put in a higher high to reset and have a chance to the upside! if not another 10+% dump
Here's a look at the 4h chart! I don't know what to say, let the candles do the talking! What do I think? I'm down on the pill! this needs to cool along with the markets as a hole! I remain bearish until something kicks this Mother F***en Mule!
Here's a look at the big picture! Here are some potential scenarios that could play out over the next months. Take a look at the way the charts are set up! this is how you find tops and bottoms. Don't get caught with your pants down again!
Here's a look at the 1h what can I say! Short! Purple line is where we should stop, maybe don't get hopes up but, don't lose it either. Go with the flow!
Just having a look at the charts and noticed this pattern. Money needs to start coming back into crypto! ...And how and when does this happen? What's the odds that given the past two years of face melting gains, maybe maybe maybe thing's slow down for a bit. Economy needs to be in good health, people need to be in good health! even the planet!...Now can you say...
All the lines are based on Bollinger bands for the 1M 5D 1D Keep it simple, we had fun but now it's time to just be friends for awhile.
Check out the Bollinger band distance between, the amount of days and 2024 being the next Bull Run !
I saw this on the 1 month Chart! Found it interesting. See any correlation to the bands and pumps and dumps!
Look's like 28k is going to be the next stop. I hate to say this but, there's no money out there, Price will NOT go up. Won't be able to make money this year.
A quick update on the chart. April is starting to look bullish!! Kick it into high range!
Here's a big picture view of the performance of Bitcoin to date. The Bitcoin Mountain!