BTC Wickoff 2022-2023 Shake out-Mark up?
Updated
Hi dear community and my lovely followers.
I would like to add another analysis which add more confluence to my previous analyses that BTC is preparing for another huge jump.
As you see I Have drown BTC wickoff accumulation model 2022-2023 which shows that BTC hasn't only bottomed out but also has finished its main accumulation phase/A,B,C,D/ and now it is in a phase E /both profit-taking and acquisition of additional shares (“re-accumulation”) by Smart money/. In phase E can be small shakouts which we show at the moment, stay level headed, keep patience as BTC is preparing for Mark up to 35-37K.
As I published in my previous analyses, I expect BTC to pump from 26K zone and think BTC has bottomed testing 200 weekly MA and 100 daily MA, but the worst case scenario could be test of previous support zone at 24.2-25K where Smart money will add their bags before new highs.
I don't expect lower prices specially after taking out huge amount liquidity below 27K and 26.5k. BTW taking into account some bearish chart patterns/like H&S, rising wedge breakdown/ 99% expect 25K and even lower prices, as a contrarian trader I always go against the herd and expect bounce from this zone/although I have plan for both scenarios/.
Don't forget to check my previous analyses/below this one/ where I shows you what are other factors which force me to expect higher prices. Don't be shake out, BTC will surprice everyone. I will also add more charts below this one, where you can find very interesting views.
Don't forget to follow, like, comment, retweet. I will appreciate any kind of support.
Have a good day , I wish you good trades.
I would like to add another analysis which add more confluence to my previous analyses that BTC is preparing for another huge jump.
As you see I Have drown BTC wickoff accumulation model 2022-2023 which shows that BTC hasn't only bottomed out but also has finished its main accumulation phase/A,B,C,D/ and now it is in a phase E /both profit-taking and acquisition of additional shares (“re-accumulation”) by Smart money/. In phase E can be small shakouts which we show at the moment, stay level headed, keep patience as BTC is preparing for Mark up to 35-37K.
As I published in my previous analyses, I expect BTC to pump from 26K zone and think BTC has bottomed testing 200 weekly MA and 100 daily MA, but the worst case scenario could be test of previous support zone at 24.2-25K where Smart money will add their bags before new highs.
I don't expect lower prices specially after taking out huge amount liquidity below 27K and 26.5k. BTW taking into account some bearish chart patterns/like H&S, rising wedge breakdown/ 99% expect 25K and even lower prices, as a contrarian trader I always go against the herd and expect bounce from this zone/although I have plan for both scenarios/.
Don't forget to check my previous analyses/below this one/ where I shows you what are other factors which force me to expect higher prices. Don't be shake out, BTC will surprice everyone. I will also add more charts below this one, where you can find very interesting views.
Don't forget to follow, like, comment, retweet. I will appreciate any kind of support.
Have a good day , I wish you good trades.
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I bet against the whole crypto world that #BTC bottom at 25.3-25.7K.
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