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
👇
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.