USDT.D We are currently at the bottom of the 5 - 6 year old channel. On the one hand, if there are alarm bells and invisible reality cash inflow, things will be different, however, if the current situation and the continuity of the channel's operation are taken into consideration, it is worth paying attention.
I think BTC will test $47,500 then I expect a deep wave decline and it may take a shot up to $16,900.
Btc 47 500 is an important point. There is a high probability of rejection at this point... However, if this region is exceeded, Bitcoin may start a rapid rise.
I think it is important to switch to 60% cash or make a stop transaction at the 47 500 point.
Although the general market is not about forecasting and setting targets, the value of short and medium-term entries and exits is far from fear and greed.
It is not too late to understand that#Bitcoinis an unstoppable force. #Bitcoin, which has returned from the point we have been waiting for since Satoshi Nakamoto tweeted, has shown that it will gain the upper hand not only materially and spiritually, but also psychologically...
Below we see Graphic 3 Pictures, which you can evaluate visually. Picture no. 3 has been watching its target since September 2022, and Graphic Pictures no. 1 and 2 determine the strong position in its target.
As it is always said, power without control is not power. #deepcrypto