BitcoinLong
BTC Bull Run Continues?
BTC is everywhere right now. Many bandwagoners' hoping in right now giving money to market due to open interest. Trump, Elon, Tate, Etc. showing open interest into BTC and giving public comment. I agree a correction is needed at some point here but the overall roof for bitcoin, I believe, is a lot higher than what we are currently seeing so I don't think that time is yet.
Honestly, I'm not a fan of using one strategy. So I use the ones that provide the best information to my knowledge. So here I have trend, FVG, Fib, EMA Ribbon, Ultimate Momentum, MACD and S&R.
- The trend is showing solid bottoms with a slight move going up. They are circled. Also the
bullish triangle is showing leading to a bull run at some point to that area of 105k.
Bull
- The FVG in the square drawn is showing a price reversal possible. So after this move down we
should see it come back and make a move back through that fair value gap.
Bull
- The fib drawn here is showing reaction to levels well.
Bull
- The EA Ribbons are indicating reversal of price for the time being. But possible consolidation is
to be expected first so not a great indication lol.
Bull Short Term
- Ultimate momentum showing the start of a bullish run.
Bull Short Term
- MACD giving buy signal and still holding.
Bull Short Term
- Obvious support and resistance levels shown are leading me to believe some consolidation to
grab liquidity before the actual bull run we are expecting.
Honestly, I'm not a fan of using one strategy. So I use the ones that provide the best information to my knowledge. So here I have trend, FVG, Fib, EMA Ribbon, Ultimate Momentum, MACD and S&R.
- The trend is showing solid bottoms with a slight move going up. They are circled. Also the
bullish triangle is showing leading to a bull run at some point to that area of 105k.
Bull
- The FVG in the square drawn is showing a price reversal possible. So after this move down we
should see it come back and make a move back through that fair value gap.
Bull
- The fib drawn here is showing reaction to levels well.
Bull
- The EA Ribbons are indicating reversal of price for the time being. But possible consolidation is
to be expected first so not a great indication lol.
Bull Short Term
- Ultimate momentum showing the start of a bullish run.
Bull Short Term
- MACD giving buy signal and still holding.
Bull Short Term
- Obvious support and resistance levels shown are leading me to believe some consolidation to
grab liquidity before the actual bull run we are expecting.
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