CryptoBullet$BTC 1D chart I'm still skeptical of this pump because we didn't hit the CVDD, even missed the Realized price and the timing is off. π However, I will have to turn 100% bullish on December 1st. Until then I'm gonna watch, maybe we'll just print a Higherβ¦
$BTC 1D chart update
So far so good. This chart is valid
Here's what I'm expecting next: a pump to $85-88k by the end of the month and a 2-month correction after that
CryptoBullet$BTC 1D chart I'm still skeptical of this pump because we didn't hit the CVDD, even missed the Realized price and the timing is off. π However, I will have to turn 100% bullish on December 1st. Until then I'm gonna watch, maybe we'll just print a Higherβ¦
π People ask me if I'm still bearish or fully bullish now, still expecting new lows or not, etc.
This is my main scenario as long as we stay above the 200-Day MA.
β οΈ If we lose the 200-Day MA in October-November, that will automatically put new lows back on the table
CryptoBullet$BTC 1M chart Thatβs a very nasty monthly candle - Shooting Star at the top (lower high) EMA9 rejected the price in January and now in May π¨ This summer will be bearish for $BTC ππ»
$BTC 1M chart update
Bears tried their best, but were only able to sweep the February low in June-July. So pathetic
Now take a look at what Bulls did in August -> closed the monthly candle above the EMA9 & EMA21! That's impressive
CryptoBullet$BTC is testing the 50-Week MA π Back in November we broke below this MA confirming the Bear Market. Now weβre testing it, as we always do in the beginning of a 3-year Bull Market Iβm expecting a rejection here and a 10-15% correction. Bears still haveβ¦
CryptoBulletThe only time in history when a Bullish Breakout above the Realized Short-Term Holder Price at the start of a new Bull Cycle fully retraced was in the Summer of 2015 π§
CryptoBulletSo, $BTC broke above the Short-Term Holder Realized Price. And itβs different from the Mayβs fake breakout/bull trap. This time itβs a clear bullish breakout, similar to the one we had in January 2023 π€
The only time in history when a Bullish Breakout above the Realized Short-Term Holder Price at the start of a new Bull Cycle fully retraced was in the Summer of 2015 π§