$BTC Expected Bottom Formation

failed to break the Inverted Head and Shoulder on 4hr, as it did near the 30k range (same thing I predicted earlier in the group).
The targets are still the same as those shared in the group.

Will update the targets (if needed) when we reach the $16-17k range, but as of now, no bull sign yet.
The bottom has not formed yet! That is 100% confirmed based on analytical data, bear divergences everywhere, bearish indicators, whales' movement, no volume, etc.

The only reason we see an upside in the price movement is that the US has announced more jobs (300k+) than it was supposed to announce (200-250k).

DYOR!

Please like, comment, share, and follow if you like my idea.

(Check out the next update for the in-depth analysis I did earlier)

Note

(Shared on 24th July)

drive.google.com/file/d/1R6NisaOJe1l5X9Qcb8fwV2HgytAN0XfY/view?usp=sharing
(chart link)

-It can consolidate in the $19.5- range as it did at $28-30k
(You can see similar structures formations on both sides)

-And can fake break out to a previous all-time low, i.e., 25.4k, but overall, the macro market is bearish, and the bottom is not yet formed, so do not be afraid if you see upside movements to the above points and yes, even if it went to 28k (that would be the worst bullish trap)

-The target is again the same, $16250, and the range is $16-17k. I will inform myself if it invalidates, but I have checked different coin charts. Everything is bearish on HTF (Higher Time Frames), i.e., macro.

-The lowest it can go to is $9928 - $11785, and is the point where we will see the most volatility (if it went there) because some multi-million companies will be liquidated at 13k.

-However, no sights of it to go there (sub 16k) yet. The current lowest bottom target is 16.2k. I will inform you if I see further downside movement at 17k.

Note

(Shared on 24th July)

drive.google.com/file/d/1PDoiZ2o73EMgCio-vJ9ODfGJZNubZyvJ/view?usp=sharing
(Chart Link)

Volume declining - could be a fake breakout of '4hr' Inverse Head and Shoulder (will confirm after a while, not free currently)

(Have not marked the declined volume, but you can see it in the chart)

Note

(Important)
Forgot to add one more flag around the downside movement on both ranges, lol. We have 7 flags in total.

Flag = does not mean anything, lmao; it's just to show the similarities.

Note

(Important)
Forgot to add one more flag around the downside movement on both ranges, lol. We have 7 flags in total.
Flag = does not mean anything, lmao; it's just to show the similarities.

Here's the updated one (so you can see the complete 7 flags - no changes)

drive.google.com/file/d/1RZMbibPwYzudg_GVGkUn6BlZBTj-UcjQ/view?usp=sharing

Note

drive.google.com/file/d/1R6NisaOJe1l5X9Qcb8fwV2HgytAN0XfY/view?usp=sharing

Same consolidation as described here and as it was at 30k range but this time, on a much smaller scale. Bull traps everywhere.
Be aware.

Crypto exchanges (like FTX, Kraken, Kucoin, etc.) are spoofing (fake order calls) to trap bulls.

hunainn12244

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