บิทคอยน์เพิ่มขึ้น
BTCUSD (2H) Triangle Consolidation
Bitcoin has been consolidating recently after its impulse move to 42K. My analysis suggests a move soon, but to know which way we’ll need to watch price action closely.
One possibility is a brief test of 30K, before another uptrend. This aligns well with BTC’s bull market phase, as well as other fundamentals like money printing in the US.
But it doesn’t HAVE to retest - another impulse up would be completely believable.
What’s not believable are comments from people who claim BTC has to implode - Gold Perma-Bulls who don’t understand Crypto Cycles. Sorry, but I don’t believe we’ll ever see 10K Bitcoin prices again.
If you’re interested in HOW to learn what to look for, follow WyckoffMode and learn how to use his Phoenix indicator combined with Bollinger Bands for clarity of price moves.
One possibility is a brief test of 30K, before another uptrend. This aligns well with BTC’s bull market phase, as well as other fundamentals like money printing in the US.
But it doesn’t HAVE to retest - another impulse up would be completely believable.
What’s not believable are comments from people who claim BTC has to implode - Gold Perma-Bulls who don’t understand Crypto Cycles. Sorry, but I don’t believe we’ll ever see 10K Bitcoin prices again.
If you’re interested in HOW to learn what to look for, follow WyckoffMode and learn how to use his Phoenix indicator combined with Bollinger Bands for clarity of price moves.
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