good afternoon my peoples,
in my last few posts, i talked about the possibility of seeing 23~24k before seeing a big pivot downwards.
here's how i think we can potentially get there.
---
as of this moment, shorts are out-weighing the longs.
1h hidden bullish divergence is present
1\3h stochastics have entered into oversold.
btc has come down in what looks to be 3 waves:
demand wicks are present, and there is an 11k long block acting as support.
---
cpi data in 3 days is a total wild card.
if that data beats expectations, we will see a significant short squeeze in the days ahead.
the full moon will too support a significant rally - potentially higher than my current expectations.
if that data fails to beat expectations, then i don't think we will see the local highs taken out, and btc along with the rest of the market will move straight down to the targets i have been discussing recently.
---
ps. i am still looking for lower prices after this push up
👇
in my last few posts, i talked about the possibility of seeing 23~24k before seeing a big pivot downwards.
here's how i think we can potentially get there.
---
as of this moment, shorts are out-weighing the longs.
1h hidden bullish divergence is present
1\3h stochastics have entered into oversold.
btc has come down in what looks to be 3 waves:
demand wicks are present, and there is an 11k long block acting as support.
---
cpi data in 3 days is a total wild card.
if that data beats expectations, we will see a significant short squeeze in the days ahead.
the full moon will too support a significant rally - potentially higher than my current expectations.
if that data fails to beat expectations, then i don't think we will see the local highs taken out, and btc along with the rest of the market will move straight down to the targets i have been discussing recently.
---
ps. i am still looking for lower prices after this push up
👇
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.