🚨 Disclaimer: I'm just a lunatic with a keyboard. This is NOT financial advice. 🚨
Trade at your own risk, and always use protection (stop losses, people).
Overview
Bitcoin is on a rampage, but I believe the party might be coming to an end (for now). Based on historical cycles, technical structures, and my sixth sense for market chaos, we might be looking at a brutal correction before BTC resumes its journey to the moon.
Key Technical Insights
Broadening Wedge of Doom
BTC has been stuck in a broadening wedge formation and has some concerning bearish signs but hey, it’s Bitcoin, so who knows?
If this plays out, we could see a nasty dip to the mid $30K ( hey i warned you i was crazy) range before liftoff.
Critical Levels to Watch
🚀 Moon Resistance: ~$100,000 - $108,000
🛑 Key Supports:
Mid-range: $73,444
Panic Zone: <70,000
Ultimate Apocalypse Buy Zone: $33,759
Momentum Indicator Screaming Déjà Vu
The Neon Momentum Waves are flashing a carbon copy of the Nov 2021 peak.
What happened last time? Oh yeah, Bitcoin nuked from orbit.
If history repeats, get ready for a soul-crushing dip before the next rally.
The Bitcoin Cycle Gods Have Spoken
Every bull cycle has a final rug pull before the real madness begins.
This correction (if it happens) could be the last best buying opportunity before BTC rockets past $150K.
Trade Strategy
📉 Short-Term Bearish:
If BTC loses key support (73,000ish, I expect a fast drop to ~$38K-$33K.
Smart traders will look for short opportunities if this plays out.
📈 Long-Term Bullish:
If BTC somehow survives this potential flush, the next cycle could be legendary.
Final Thoughts
Look, I might be completely insane, but the charts don’t lie (most of the time).
🚀 Will Bitcoin defy gravity, or are we about to witness the greatest fakeout before a colossal dip?
Drop your thoughts below, and let’s prepare for maximum volatility!
Trade at your own risk, and always use protection (stop losses, people).
Overview
Bitcoin is on a rampage, but I believe the party might be coming to an end (for now). Based on historical cycles, technical structures, and my sixth sense for market chaos, we might be looking at a brutal correction before BTC resumes its journey to the moon.
Key Technical Insights
Broadening Wedge of Doom
BTC has been stuck in a broadening wedge formation and has some concerning bearish signs but hey, it’s Bitcoin, so who knows?
If this plays out, we could see a nasty dip to the mid $30K ( hey i warned you i was crazy) range before liftoff.
Critical Levels to Watch
🚀 Moon Resistance: ~$100,000 - $108,000
🛑 Key Supports:
Mid-range: $73,444
Panic Zone: <70,000
Ultimate Apocalypse Buy Zone: $33,759
Momentum Indicator Screaming Déjà Vu
The Neon Momentum Waves are flashing a carbon copy of the Nov 2021 peak.
What happened last time? Oh yeah, Bitcoin nuked from orbit.
If history repeats, get ready for a soul-crushing dip before the next rally.
The Bitcoin Cycle Gods Have Spoken
Every bull cycle has a final rug pull before the real madness begins.
This correction (if it happens) could be the last best buying opportunity before BTC rockets past $150K.
Trade Strategy
📉 Short-Term Bearish:
If BTC loses key support (73,000ish, I expect a fast drop to ~$38K-$33K.
Smart traders will look for short opportunities if this plays out.
📈 Long-Term Bullish:
If BTC somehow survives this potential flush, the next cycle could be legendary.
Final Thoughts
Look, I might be completely insane, but the charts don’t lie (most of the time).
🚀 Will Bitcoin defy gravity, or are we about to witness the greatest fakeout before a colossal dip?
Drop your thoughts below, and let’s prepare for maximum volatility!
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.
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.