BitcoinUpdated

Btc Longterm Gann Monthly Candles

You know it has to happen - Apart from the obvious Gravestone Doji we have a perfect trend line hit from the 20k top thru the 69k top and clipping us off here at 108k - We're going to bounce on the way down but Gann scaling and Fibs put the bottom around 33k in spring to summer 2026 - Good luck peoples - Happy Xmas :)
Trade active
Its possible that the next phase can play out like this - No big fast drops for some time yet, but what appears like indecisive direction that doesn't go far either way - A frustrating time for traders looking for the macro moves snapshot
Trade closed: target reached
Zooming in we can see that any semblance of an uptrend has been lost, only horizontal support remains and at the top of a large movement that simply isnt enough snapshot
Note
a few minutes after the last note and over $1000 down later snapshot
Note
A start of the year pump took the price thru to the 5th arc arc before being rejected snapshot
Note
Double Gravestone Dojis - I'm not actually a Doji expert but that doesn't sound good :P
Note
snapshot
Note
Next cycle? snapshot
Note
Price has rallied after dropping to 89k - Resistance against the underside of the 1x2 fib ray snapshot

Disclaimer