Hey everyone!
In just 2 days, my first offline/online trading tournament kicks off — and you'll be able to watch everything live. It's a big milestone for me and a real-time test of my analysis. But now, let’s get back to the market...
💰 Bitcoin today — May 7
As I mentioned earlier, I expect Bitcoin to reach the 98 K - 100 K zone this May to grab the liquidity sitting above the highs. This could be the final push before a correction. Check the chart for details.
When we reach 100k, all the public media will say that BTC broke 100k and after that there will be a rollback, as happens very often.
📉 After that, a correction makes sense; I’ve explained why in earlier posts. But let’s talk fundamentals.
🗞️ Not rumors. Facts:
🔹 The U.S. is moving toward Bitcoin reserves.
New Hampshire just became the first U.S. state to pass a law creating a strategic Bitcoin reserve, signed by Governor Kelly Ayotte.
🔹 I believe other states will follow with similar legislation - this is no longer speculation. It's the next phase of BTC adoption in the U.S.
And as the saying goes:
"Buy the rumor, sell the news."
🌍 Geopolitical tension:
The India-Pakistan conflict is now a global headline. Two nuclear powers. Any correction could easily be “justified” by this news.
But...
📊 I don’t trade the news - I trade my analysis.
As you know, I publish my forecasts ahead of time and stay consistent.
🧭 My outlook:
I expect one last minor correction in the next 1 - 2 weeks, followed by a move to new all-time highs.
Best regards, EXCAVO
_____________________
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
In just 2 days, my first offline/online trading tournament kicks off — and you'll be able to watch everything live. It's a big milestone for me and a real-time test of my analysis. But now, let’s get back to the market...
💰 Bitcoin today — May 7
As I mentioned earlier, I expect Bitcoin to reach the 98 K - 100 K zone this May to grab the liquidity sitting above the highs. This could be the final push before a correction. Check the chart for details.
When we reach 100k, all the public media will say that BTC broke 100k and after that there will be a rollback, as happens very often.
📉 After that, a correction makes sense; I’ve explained why in earlier posts. But let’s talk fundamentals.
🗞️ Not rumors. Facts:
🔹 The U.S. is moving toward Bitcoin reserves.
New Hampshire just became the first U.S. state to pass a law creating a strategic Bitcoin reserve, signed by Governor Kelly Ayotte.
🔹 I believe other states will follow with similar legislation - this is no longer speculation. It's the next phase of BTC adoption in the U.S.
And as the saying goes:
"Buy the rumor, sell the news."
🌍 Geopolitical tension:
The India-Pakistan conflict is now a global headline. Two nuclear powers. Any correction could easily be “justified” by this news.
But...
📊 I don’t trade the news - I trade my analysis.
As you know, I publish my forecasts ahead of time and stay consistent.
🧭 My outlook:
I expect one last minor correction in the next 1 - 2 weeks, followed by a move to new all-time highs.
Best regards, EXCAVO
_____________________
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Join the Crypto Trading Tournament ICTI 2025
whitebit.com/a/excavo
Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
whitebit.com/a/excavo
Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join the Crypto Trading Tournament ICTI 2025
whitebit.com/a/excavo
Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
whitebit.com/a/excavo
Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.