WelcomeToTheSpaceJam

WelcomeToTheSpaceJam

There seems to be an emerging bearish butterfly pattern in Bitcoin. Accordingly, we are now in the (C) region of the pattern. If this pattern is active, its target can range from 65k-67k. You can see the TP1 and TP2 points of the pattern in the image. TP1 corresponds to the 1.272 value of this pattern. TP2 corresponds to 1.618 of this pattern.

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Bİtcoin making wyckoff distribution formation. You can see the process in the chart. I think we are nearing the end of "Phase C" now. Then there is "Phase D". Of course you know the meaning of this stage.

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This could be a triangle formation. The formation target is the 51K area.

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According to the wave structure of Elliot theory, BTC can form a bullish bat formation.

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Everyone expect a bullish flag but what there is a BEARISH ONE

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The B point of the Bearish butterly pattern is at 57143.51 which is 0.786. Therefore, if this formation is to work, a pullback from this level may occur. If this analysis works, there could be a downward breakout of the rising wedge around 51,600. After the re-test of the breakout, BTC may fall as low as 32,036. This point is the C level of the formation. BTC's...

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There is a bearish shark pattern in btc. Abone you can see the targets; ENTRY: 55K-52K TP1: 48.850K TP2: 40.200K Stoploss: 56.400K If the pattern reach its targets, the raising wedge that I tell you before previos idea can active. And that I mention before its target is 33-32k area.

WelcomeToTheSpaceJam

Earl in the Day, I published a analyze which is short-term bearish. In that analyze, There is raising wedge and that target iş 32-33k area. After that price going into a falling triangle. Triangle target is 87k area. All of that target giriş us a bearish butterfly. I try to see this to you in that chart. By the way İn that chart ( binance future) the butterfly...

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I think btc is doing rasing wedge . If it down trend the rasing wedge Fırat target iş 33-32k after that btc going into a falling wedge . That wedges top which is 50k Will the New target. If btc would break the wedge net target Will be about 87k

WelcomeToTheSpaceJam

I think btc is doing rasing wedge. If it down trend the rasing wedge Fırat target iş 33-32k after that btc going into a falling wedge. That wedges top which is 50k Will the New target. If btc would break the wedge net target Will be about 87k

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I think btc will a rising wedge. After this period, Fırat duration is 55k. When btc broke the wedge to the down, it will reach 28k or down.

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It is the medium-long term forecast that I am trying to shape according to the Elliot wave structure. It is an amateur work. It is not investment advice.

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I see bearish flag and rising wedge. If the upper support of the ascending wedge is broken up and a 4-hour close, this possibility will be cancelled. The first target is 44.5k when breaking below the wedge and closing in 4 hours. If the wedge target is completed and the bear flag is active, the target can range from 38k to 38.5k.