Long

Updated

BTC Blowtop

BTC finding a nice bounce off the 200 moving average in the middle of the summer lulz all while major stock market indices and gold are at all time highs. Once profit taking initiates from these markets the money flow will enter BTC pushing its prices up in the near final phases of this bull cycle.

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Currently hitting resistances in the gann box

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1HR

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BTC moving through gann box resistance and supports

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Distinct wyckoff mound fractal pattern occurs before each cycles bull run. Its the point where BTC builds support above previous resistances coming out of a bear market

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Inverted H&S

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Currently breaking out above the neckline of inverse H&S

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Updated support & resistance gann box

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Even though BTC has tracked and followed previous cycle fractal moves as the price becomes higher it smooths what was before blow off tops into squared off wyckoff distribution mounds. This cycles market manipulations and psychology has been around BTC ETFs

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Wallstreet along with blackrock wyckoffs the tops now, we can say goodbye to the traditional blow off tops

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Bouncing on the Fibs

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BTC flipping resistance into support on the 200ma along with major gann box fib lines

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holding support on gann fib line

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Trade active

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The first local top is in at 276 days after halving, BTC now heading for the second and final cycle top which occurs shortly after the 500 day mark after halving as it has done in prior cycles. Supply shock now kicks in at this point

CBKWahoo

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