1. What does the red arrow indicate? (below)

The red arrow indicates the last red candle before the big rise to all green candles. That zone is around $69,000 dollars. It goes without saying that it is an ideal zone to buy Bitcoin and prepare for the coming months.

2. Let's analyze the daily chart: (below)

The SMA (simple moving average) of 250 periods remains strong as a support line. But if the SMAs of 21, 50, and 100 periods manage to break it downward, then Bitcoin will visit the $69,000 zone.

3. Let's analyze the weekly chart: (below)

We have a PREMIUM ZONE that acts as price support. However, if on a daily basis the shorter-term SMAs cross below the 250-period SMA, then the price will break the premium zone downward to the $69,000 zone marked with the red arrow in the first chart above.

4. Elliot Waves: (below)

Almost no one talks about it, but we are experiencing the ABC retracement waves. We are on Wave A which has not yet finished, and we still need to complete Waves B (up) and C (down).

- Greetings and success in your operations, see you at the top! 😔🙏