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$BTC 1W & 1M UPDATE
As you can see, there is a massive strong support, we can call it $63,500, but in fact it is much wider — $61,000 - $65,500.
The price was successfully stopped by that level, right below the previous ATH.
Therefore, we can expect the price to move up to $80,000 region (actually $75,000 - $82,000) in the next weeks without breaking the bearish trend.
Just a healthy correction as they say. If Bitcoin wanted to go straight to $50,000 without any corrections, there were a lot of opportunities.
But all they failed.
As you can see, there is a massive strong support, we can call it $63,500, but in fact it is much wider — $61,000 - $65,500.
The price was successfully stopped by that level, right below the previous ATH.
Therefore, we can expect the price to move up to $80,000 region (actually $75,000 - $82,000) in the next weeks without breaking the bearish trend.
Just a healthy correction as they say. If Bitcoin wanted to go straight to $50,000 without any corrections, there were a lot of opportunities.
But all they failed.
BTC-1.74%
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BE CAREFUL WITH WEEKEND PUMPS!
I have highlighted 11 weekends over the past 5 months when positive price movements happened.
Only 2 out of 11 weekend pumps were not fully retraced during the following working week.
Market is pumping and that's good, but don't rush to raise your take profits way too high.
I have highlighted 11 weekends over the past 5 months when positive price movements happened.
Only 2 out of 11 weekend pumps were not fully retraced during the following working week.
Market is pumping and that's good, but don't rush to raise your take profits way too high.
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UPDATE: $BTC & Crypto
Descending channel & Key support correlates now at $63,100 level. This is the pivotal moment (black circle).
Losing $63,100 will literally cancel bullish Q1, while staying above will just remain chances at slightly-above-neutral levels.
Would be way too ambitious and stupid for me to try predicting which way the price will decide (I don't rule the world) — so the only thing we can do is rely on price reactions.
All levels to watch are given on the chart.
Descending channel & Key support correlates now at $63,100 level. This is the pivotal moment (black circle).
Losing $63,100 will literally cancel bullish Q1, while staying above will just remain chances at slightly-above-neutral levels.
Would be way too ambitious and stupid for me to try predicting which way the price will decide (I don't rule the world) — so the only thing we can do is rely on price reactions.
All levels to watch are given on the chart.
BTC-1.74%
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$BTC UPDATE
Bitcoin has corrected for a bit due to concerning news coming from Middle East, and now reached the crucial $65,500 support level.
I still stick to the bullish scenario, at least until Bitcoin stays above the support. We may see a fake breakdown in case more news come out, but expect a quick come back above.
❕All in all, we are still located inside the horizontal channel, so be very careful with trading. Even the best traders I know are being stopped out because of constant manipulations.
Bitcoin has corrected for a bit due to concerning news coming from Middle East, and now reached the crucial $65,500 support level.
I still stick to the bullish scenario, at least until Bitcoin stays above the support. We may see a fake breakdown in case more news come out, but expect a quick come back above.
❕All in all, we are still located inside the horizontal channel, so be very careful with trading. Even the best traders I know are being stopped out because of constant manipulations.
BTC-1.74%
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$BTC BOTTOM IS CLOSER THAN YOU THINK?
There are two important moments we can highlight on this chart:
1) The lowest point of each cycle is has historically formed roughly every 1430 days, suggesting we should see the bottom forming in October 2026.
2) The time required to reclaim the ATH has been shrinking with every cycle: 1216 days -> 1066 days -> 851 days
🧐 And now...?
If we believe the 4-year-cycle still exists, then the number of 730 - 750 days (before reaching new ATH) looks increasingly realistic.
There are two important moments we can highlight on this chart:
1) The lowest point of each cycle is has historically formed roughly every 1430 days, suggesting we should see the bottom forming in October 2026.
2) The time required to reclaim the ATH has been shrinking with every cycle: 1216 days -> 1066 days -> 851 days
🧐 And now...?
If we believe the 4-year-cycle still exists, then the number of 730 - 750 days (before reaching new ATH) looks increasingly realistic.
BTC-1.74%
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$BTC UPDATE
The short setup on breakdown of $63,100 got stopped once the price returned above the support. Moving further.
The price is now located in the upper part of the descending channel. The recent pump was fueled by the news regarding Jane Street's long-term market abuse and lawsuit filed by Terraform. Read the article above.
🐂 Bitcoin now looks quite bullish to me. There are two great spots for buying:
- $67,000 support
- Descending resistance breakout
Keep in mind: we are in the bearish trend and all purchases should be done with cautious.
Overall, I am positive about March - Ap
The short setup on breakdown of $63,100 got stopped once the price returned above the support. Moving further.
The price is now located in the upper part of the descending channel. The recent pump was fueled by the news regarding Jane Street's long-term market abuse and lawsuit filed by Terraform. Read the article above.
🐂 Bitcoin now looks quite bullish to me. There are two great spots for buying:
- $67,000 support
- Descending resistance breakout
Keep in mind: we are in the bearish trend and all purchases should be done with cautious.
Overall, I am positive about March - Ap
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$USDT DOMINANCE
Not much time left for crypto to suffer, my friends. Enjoy while you can.
Once we find the bottom in late Q1 - mid Q2, we will get a well-deserved relief rally.
Sooner than you expect.
Not much time left for crypto to suffer, my friends. Enjoy while you can.
Once we find the bottom in late Q1 - mid Q2, we will get a well-deserved relief rally.
Sooner than you expect.
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$XAU UPDATE
Politics should be a silent game, otherwise we see how World Uncertainty Index breaking historical ATH.
Some of the recent narratives:
- New 15% tariffs on all countries
- US threatens to strike Iran in the coming days
At times like this, Gold is already here — pumping and breaking local resistances.
Buying there makes sense, I still believe we will see $XAU above $6000 this year.
If you are not an active trader, Gold should take a massive stack of your portfolio until January 2029 (Trump's Term End).
Politics should be a silent game, otherwise we see how World Uncertainty Index breaking historical ATH.
Some of the recent narratives:
- New 15% tariffs on all countries
- US threatens to strike Iran in the coming days
At times like this, Gold is already here — pumping and breaking local resistances.
Buying there makes sense, I still believe we will see $XAU above $6000 this year.
If you are not an active trader, Gold should take a massive stack of your portfolio until January 2029 (Trump's Term End).
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