BTC succeeded doing first time since 2021 November.
Hi dear community and my lovely followers, this is my first post in 2023. Happy New Year, wishing you and your family a happy, healthy and successful New Year 2023.
There is no much to tell you.
As you see BTC did exactly what I told you: Check all my analyses bellow this idea.
As you know I have been posting only macro bullish analyses since 2022 June warning you that a real BTC bottom was at 17.5K in June 2022, and the recent dump to 15.5K was a fake breakdown/bear trap/ spring/ with double bottom+ multi bull divergences.
I expected the recent pump to 21.3K strong supply zone, where BTC rejected. After retrace to 18.5-19K, it will continue its upward move to 24-25K:
Pay attention to the chart and see how BTC succeeded breaking daily KC and close candle above it for the first time since 2021 November. This is super bullish for BTC. BTW BTC broke 21 weekly EMA, I hope weekly candle closes above it.
The only thing I want to happen in coming days, daily candle close above 21.5K which will create new High and will confirm all my analyses posted since June 2022. It will mark potential trend reversal and upcoming multi-months rally.
If you like my ideas, don't forget to like, comment and follow me.
There is no much to tell you.
As you see BTC did exactly what I told you: Check all my analyses bellow this idea.
As you know I have been posting only macro bullish analyses since 2022 June warning you that a real BTC bottom was at 17.5K in June 2022, and the recent dump to 15.5K was a fake breakdown/bear trap/ spring/ with double bottom+ multi bull divergences.
I expected the recent pump to 21.3K strong supply zone, where BTC rejected. After retrace to 18.5-19K, it will continue its upward move to 24-25K:
Pay attention to the chart and see how BTC succeeded breaking daily KC and close candle above it for the first time since 2021 November. This is super bullish for BTC. BTW BTC broke 21 weekly EMA, I hope weekly candle closes above it.
The only thing I want to happen in coming days, daily candle close above 21.5K which will create new High and will confirm all my analyses posted since June 2022. It will mark potential trend reversal and upcoming multi-months rally.
If you like my ideas, don't forget to like, comment and follow me.
Related publications
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.