🅱️ Lower High Daily TF Confirmed | Last Chance!

Today Bitcoin closed the day at 47,770, which is the highest close (moving up) since March 2022, almost two years ago.

➖ The daily session wicked to hit as high as 48,505 —February 9, 2024.
➖ January 11, 2024 —Bitcoin peaked at 49,435 on a wick, with the session closing at 46,350.

I will not go into all the details but the dynamic between Bitcoin's price, the trading volume and RSI all point toward the end of this current move.

We can refer to this type of move in several ways: A "dead-cat-bounce," a "pull-back," wave b of a Zig-zag, etc.

The truth is the chart is screaming SHORT!

👉 The minimum target for this correction is set in the 30,000 - 32,000 price range.
👉 My projected bottom target goes much lower, between 22,000 and 26,000.

Remember to do your own research.

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Namaste.

ความคิดเห็น:

For those wondering about liquidity... Here it is: