BitcoinAtualizado Bitcoin Correction - 23800 & 23300 are Pivots
Direction is key today..
To prevent a correction to 21k.. we need to stay above $ 22,800
To make a run to 25k again.... we need to stay above $ 23,300
The retail investors do NOT believe my story about us falling to 14k
That is why THEY KEEP PUSHING after every correction
As I literally stated.. and many of you may hate me for this
- I called the exact time of the last bull run to the ATH (Sunday)
- I called the time bears would dump (if they did) on Sunday Night
- and the second big dump, I said would be starting at 4:30 am (Monday)
This is not magic...
I watch patterns and read articles on SENTIMENT
To prevent a correction to 21k.. we need to stay above $ 22,800
To make a run to 25k again.... we need to stay above $ 23,300
The retail investors do NOT believe my story about us falling to 14k
That is why THEY KEEP PUSHING after every correction
As I literally stated.. and many of you may hate me for this
- I called the exact time of the last bull run to the ATH (Sunday)
- I called the time bears would dump (if they did) on Sunday Night
- and the second big dump, I said would be starting at 4:30 am (Monday)
This is not magic...
I watch patterns and read articles on SENTIMENT
Nota
It's almost 4 am my time and bright and early in LondonThis the time big things happen.
Right now I see a down channel.. and it could break even lower and suddenly
As with all down channels or descending wedges... it will eventually bottom ..
and then break upward big time (big bounce)
You should be careful doing trades.. price can go either way.
Although I doubt we will go any lower than 20k in the next 24 hours.
Nota
As I said.. we were looking for a countdown to Dec 23(anyone remember me saying?)
Turns out two days before CME contracts expire (Dec 25) market gets volatile
XRP has turned to manure.. SNX is golden.. but it moves in quirky ways
If you look at my snapshot...
We are riding a channel (or wedge) downward (purple lines)
These are known to eventually break out upward most of the time
But when?
it could ride all the way down and then collapse
whales could dump and break it entirely (collapse)
It could rise..
where price enters my twin green lines (hope is not dead)
passing the top green line, it could spring a run to 24k
we then get rejected at 24k... or run to 25k
Nothing is sacred right now..
but Grayscale keeps saving us by buying dips
Nota
I will make this fast...This new snapshot is a different universe
- We need to stay above 23000 to have a chance at rising to 23350
- We need to surpass 23350 to have a shot at the ATH
- BTC needs to stay above the 50 SMA
Articles are saying that the SEC filing charges on XRP is pressing on BTC
I say no... whales are pressing on us but don't want to alert Institutions
They want it to look like XRP
Nota
Oh forgot to mention..We fell OUT of that triangle I drew.. (top left corner)
and then we escaped a falling wedge (though just barely so far)
TA is NOT that hard, is it!
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