Bitcoin rollover or skywardBitcoin 1day there is so much doubt around this level holding with the most popular scenario playing out into a dip to the eoy Price has formed a bullish flat bottom triangle pattern after a double bottom (bullish) within a larger range between 25-32k and has broken out and retested the triangle top line briefly Provided the bulls can push through this the 27.5-28.5k area it looks likely here that we could see a retest of the top of range into the 30k band If this is the play then there we could see max volatility into the resistance at the top of this next range
Btcusdlong
Pi cycle bottom signal is ON!Pi cycle bottom indicator has been historically very accurate to mark the bottom or a close bottom!
It has been turned on now! which means that:
1. $21k BTC was the bottom;
2. or very close to the bottom.
Historically, BTC saw a major capitulation on a black swan event after the Pi cycle bottom. So:
1. BTC could potentially see a dip below $21k in the medium-term (6 to 12 months).
2. Or BTC could hover around its current price to bore everyone out of the market.
Welcome back Ethereum. The Light is always Existing. ETH BULLAgain, we see a bottoming out.
We've seen it before.
We will see a slowly rising ethereum.
When the breakdowns come, we will witness the leaps.
There is no time left for us to lose.
The market is back.
We will see slow motion. There will be fluctuations.
Not investment advice.
BTCUSD 29/09 MovePair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Consolidation Phase in Long Time Frame as an Corrective Pattern. It has completed " AB " Corrective Wave in a Corrective Pattern " Bullish Channel " if it Breaks Previous Resistance or Upper Trend Line then it will Complete its Impulsive Move
📊#BTC is still running in the adjustment range, forming a bulli🧠With the start of the huge dumping on August 17th, BTC entered a 17-day correction phase, and since the dumping was huge enough, I don't think the correction phase will end anytime soon, so there is a high probability of another short-term rise
👀Do you think BTC will rise or fall?
Please leave your opinion in the comment area
Bitcoin Bullish CountBecause of the number of likes of my previous post, I have decided to post one long term bullish count for Bitcoin as promised.
Here's a potential five wave into wave (1) as a leading diagonal. There is no rule violation therefore it could be possible.
Looking for support on the area of previous Minor wave 2 which is, as I highlighted, the area which presents the most volume.
Feel free to ask questions,
If you found this helpful please leave a like and a comment,
Trade safe!