BTC- Bullish Cypher Harmonic Pattern

5 พ.ค. 2021

Checks every box. not easy to arrive at. Of course as bullish as it is, it also means a serious retracement from here before moving up to a big 80K fib range within weeks (possibly days). Next fib level being 100k.

I've got powder on the sides, but all this doge (yes and even overheated eth) money will have to go somewhere when it reverses to find support.

Knowing our luck it will end up in XRP next (but i'm hedging that with a long XRP lol). Almost certain a good chunk will end up with LTC.

Not advice. my personal notes for historic reference only. not an advisor. just an 'analyst' ;-)

7 พ.ค. 2021

บันทึก

Hopefully (and with some certainty) we might be out of the woods and we don't need to hit 47k before moving further. Strong macroeconomic tailwinds coupled with a well timed slowdown in the shitcoins rally and ETH (not including the former in the latter) are strong catalysts for BTC's 4th (and hopefully final) test to breakthrough that pesky $58,300 resistance level and continue on to retest ATH with alot less supply in the market and a much lower level of leverage'd BTC ownership