Hello All!! So Glad to be here today ๐
Short Technical overview: ๐ง
Upon technical analysis we created a Bullish Shark ๐ฎ๐ฆ pattern, and have been in an upwards (ascending channel,) ever since. This movement allowed BTC to break its 3 month descending price action โญ๐
Since ascending channels can be considered bearish, we have laid out some resistances (bearish targets)๐ป๐ฏ ahead, in the event that the bullish shark/fib extension targets don't play out.
I am looking to hit a few of our bullish targets ๐ฎ๐ฏlisted above, and possibly push out of this ascending structure โคด๐ towards ~60k.
We are at the bottom of the channel currently, if we break below, this prediction is unvalidated.

Fundamentals: ๐ถ
For today๐ we are focusing mainly on Elon Musk as he has a lot of influence in digital finance
With concerns of one of the only semi-uncensored media platforms becoming increasingly censored and biased๐๐๐, Musk started adding stacks๐ธ of Twitter stock to his portfolio ~ Jan 23rd 2022,
Since Elon Musk has been gossiping about buying Twitter in the recent weeks, investors in Bitcoin have been rejuvenated๐ง as free speech and decentralization kind of go hand in hand ๐คฒ๐
~ Half of BTC investors started investing in 2021, if you know about Network effect๐ป๐ณ and exponential growthโ, this is very alarmingโฐ and should not go unnoticed ๐๐๐๐
What do you think Michael Saylor would do
๐ช
Thank you so much!!!๐๐๐This is not financial advice๐๐๐ Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment. Always have a stop loss โ๐๐ฒ set๐
Any thoughts ๐ญ๐ก, questions ๐โโ๏ธ๐โโ๏ธโ, good ๐, bad๐, happy ๐ or sad ๐ฅ, in the comments always welcome.
Jazerbay ๐
Short Technical overview: ๐ง
Upon technical analysis we created a Bullish Shark ๐ฎ๐ฆ pattern, and have been in an upwards (ascending channel,) ever since. This movement allowed BTC to break its 3 month descending price action โญ๐
Since ascending channels can be considered bearish, we have laid out some resistances (bearish targets)๐ป๐ฏ ahead, in the event that the bullish shark/fib extension targets don't play out.
I am looking to hit a few of our bullish targets ๐ฎ๐ฏlisted above, and possibly push out of this ascending structure โคด๐ towards ~60k.
We are at the bottom of the channel currently, if we break below, this prediction is unvalidated.
Fundamentals: ๐ถ
For today๐ we are focusing mainly on Elon Musk as he has a lot of influence in digital finance
With concerns of one of the only semi-uncensored media platforms becoming increasingly censored and biased๐๐๐, Musk started adding stacks๐ธ of Twitter stock to his portfolio ~ Jan 23rd 2022,
Since Elon Musk has been gossiping about buying Twitter in the recent weeks, investors in Bitcoin have been rejuvenated๐ง as free speech and decentralization kind of go hand in hand ๐คฒ๐
~ Half of BTC investors started investing in 2021, if you know about Network effect๐ป๐ณ and exponential growthโ, this is very alarmingโฐ and should not go unnoticed ๐๐๐๐
What do you think Michael Saylor would do
๐ช
Thank you so much!!!๐๐๐This is not financial advice๐๐๐ Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment. Always have a stop loss โ๐๐ฒ set๐
Any thoughts ๐ญ๐ก, questions ๐โโ๏ธ๐โโ๏ธโ, good ๐, bad๐, happy ๐ or sad ๐ฅ, in the comments always welcome.
Jazerbay ๐
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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.