Andy_D

Consolidation before Higher?

Long
Andy_D Aktualisiert   
INDEX:BTCUSD   Bitcoin
Most recent sell off is reminiscent of the FTX dump late 2022.. similar volume sell off/liquidation cascade...

Almost every popular "trader" on twitter calling for lower prices, which could very well happen.

I see two scenarios.. the fractal outlined on the chart where price chops sideways towards Q4 then spikes higher and finally breaks out of the multi year downtrend channel..

OR.. Scenario two:

Price mean-reverts to fill the CME gap around 27-28k area, then nukes to fill the gap around 21-22k (also the golden pocket), before another leg up.

Below:

Trade ist aktiv:
Gap Filled above
Positive news - SEC lost against greyscale.

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Following quite closely so far
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o.O
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Following the fractal quite closely.. Expecting 36k this year
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Wow, god candle on fake ETF news.. still on track
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Going great
Trade ist aktiv:
Still on track!!
Trade ist aktiv:
Target reached on Bitcoin Futures (36,000)

Almost there on Spot..
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36,760$ will hit before any real correction in my opinion
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Ok 45600 is the top - surely?
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We rejected up here...

*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
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