only if we see btc going under 40k this might be a nice bottom idea before the halving. RSI allign with de bearmarket run we had in the last cycle. i doubt we do -60% like then but 30-32k would be in the cards i think and a nice place to load up our fave coins with our last rubles
late publication but this is my spx chart
ive been short since the hawkish FOMC meeting and ive drawn this chart from the date where the ghost candles start.
hope you find this interesting
This is a plausible idea i see playing out for bitcoin in the next couple of months. i think this alligns with de FED expection rates to pivot around march 2023. between 400 and 600 days since ATH should be a sweet spot to buy. lot of shit going on in the world rn so who knows what will actually happen. for now i rlly like this idea.
My Revised Take On The Wyckoff Accumulation Schematic On Bitcoin
In this chart i show you the support and resistance levels that i am looking for in te coming weeks.
Looking at the last wyckoff pattern i have drawn i changed phase D because it looks like we got the retest to 32k as i initially expected. the last 2 whicks therefore can be seen as one on the wyckoff...
