BTC is currently in very bad shape; all indicators suggest that BTC has a 70% chance of a deep correction or downtrend like in 2021.
* Signal 1: The ADX chart shows that DI- (red) has crossed above DI+ (green); however, they are still below 25. If DI- rises above 25, then 90% of BTC will be in a downtrend.
* Signal 2: RSI from the overbought area has crossed below the EMA, signaling a strong downtrend. If RSI continues to fall below 50, then 90% of BTC will be in a downtrend.
* Signal 3: WMA is crossing below the EMA, signaling a downtrend; if today's candle closes red, then 90% of BTC will be in a downtrend.
* Signal 4: MACD is in a downtrend and below the 0 line. The red histogram => indicates a downtrend.
* Signal 5: We still have the last support level at 100k - 102k. If BTC continues to break this support, then consider it an Altcoin reset for the Nth time this season. If this level is maintained and prices rise again, there is still hope; otherwise, it's all gone. 80% is down, and 20% is MM threatening. However, the context suggests they are not just bluffing.
=> In summary, if BTC continues to break the 100k-102k range, I will liquidate all holdings and SHORT THE HOUSING MARKET 🏡 (in case MM manipulates and breaks down falsely). All signals above are on the daily frame. Currently, H1 has continuously entered the oversold area but hasn't bounced back at all. DONALD TRUMP is again eyeing taxes, and the Fed not lowering interest rates may cause MM to reverse 🚗 and possibly dump again, confirming 100% that they have distributed goods at a price of 111,950k already!
This is a personal opinion; if anyone disagrees, just scroll past. Crypto manipulation and scams 🏝 are 100% real; they compete for a piece of the pie 💰, tearing apart every penny, draining the blood 🩸 of investors worldwide 🌎 with their fraudulent games!
