ZettaOne

ZettaOne

The bull run of the SPX and its actual ATH is very high and outside of the weekly thrend if we see it from 2017 until now. Probably we will see a very high correction at the next weeks at the market. It's not a recommendation of short, but we need be careful about the probably risks.

ZettaOne

The actual price is in the top of the bullish range. I calculate based on the major volume of the monthly closes that the price of reasonable price of BTC it's between 35K and 40K. I think that a minimal correction to 46K it's posible. We can go to more high values, but based on probability I sopport the position of a correction in this new high channel.

ZettaOne

Probably we will see a very high correction in SPX and more assets in the next weeks The blue line is a very important resistance to maintain or broke

ZettaOne

The Friday made a support tendency and Bitcoin continues alone in the weekend and 1 bank holiday. If the tendency continues down, the bulls can be liquidated in 30K range with a big correction of price. 35.700 is a very important price. It's risky a long position over that price. It's not a recommendation, be careful.

ZettaOne Updated 

Probably this can be the last one opportunity to buy Bitcoins behind 40K this month.

ZettaOne Updated 

I marked that important support from February, todays is break. I have the idea that the actual price of th e USD is annually low. Posible time to up coming soon.

ZettaOne Updated 

Probably this is the moment where BTC will revert the monthly bullish tendency and give us a reverse of tendency. I think that exists a probability to go back to 44K the next week (probably in the half of the week) and check again if the tendency will be bullish or back to a bearish trend.

ZettaOne

1.370 of BTC are used to buy Alice in its frist 2 hours, after it was listed to Binance the exchange, BTC was down to their 4H support. Probably week and monday will be green and we can get a speed recover to 60K or 61K in the next few hours.

ZettaOne Updated 

Cardano has a lot of FOMO caused by their new stage for March. Actually has in their support of bull trend.

ZettaOne

I like the historical 12K to 9K pattern that remember me the risks in BTC and I compare that sentiments with the actual for new traders in cryptos.

ZettaOne

If you can see the daily pattern between July and September 2020, probably you will share that the generic sentiment for new entries to crypto world and the bullish and bearish scenario looks very similar. This is a not long or short recommendation, but I think that we will see a very similar scenario with BTC down to 40K.

ZettaOne

Cardano has a lot of FOMO caused by their new stage for March. Actually has in their support of bull trend.

ZettaOne

The SP500 down to the previous mentioned daily support and BTC has liquidated Long to define the new tendency in the middle of the BOLL bands. It's probably reach the 52K again previous to a new bull or bearish tendency.

ZettaOne

The previous analysis mentioned a posible support to reach in days. Today this support has reached and we have a high probability of a new bull run in days.

ZettaOne

There are my supports and resistente lines writed three days ago. The more big lines are the monthly trends. BTC will to reach the 43K as support?

ZettaOne

The BTC dominance BTC.D (orange line) as reduced in comparison with other digital assents like BNB that are increased their dominance BNB.D in comparison with BTC. The actual BTC price is only a cause of FOMO and Elon Tesla news. Additionally to the accumulation of BTC that will be sell soon if the price start a bearish running.

ZettaOne Updated 

Probably retest of beacked resistance as support.

ZettaOne

Bitcoin has reached the maximum historical price to around the 52K. What next? I marked the monthly bullish trend lines to see the resistant and support lines. The more reasonable action is confirm the support to around 45K to March or April. SPX also show a breakout of their resistance and maybe will be return to this tendency line to confirm the price as...