The SEC and its insiders manipulating the market, $BTC was healthy and right in the resistance a news comes out, but, curiously, the sales began before the SEC announced the wells against robinhood...
On H4 he already broke the falling wedge pattern, on H1 a Bullish Flag was formed, everything seems to be in order. Let's wait and see what will happen... $BTC
$BTC at the top of the Falling Wedge pattern, if it breaks and remains above 63.5k it could be a confirmation that would take us to the previous all-time high. Let's hope it comes true.
And it has been fulfilled, if $BTC closes in this area in H4 it should continue to rise, it is gaining strength, if it breaks the falling wedge the technical objective would be above 74000 USD. What do you think?
I am pleased to tell you that if $BTC closes above the level it is at now, the chances of going up are greater, remember that there is great bearish pressure but, on h4 and D1 there are bullish divergences and a bullish falling wedge pattern Likewise, we could see the VWAP Yearly that indicated an important support area that seems to be reacting positively, the Target of the falling wedge is above 75k but we must be cautious...
Some hope, in H4 and daily $BTC completes a falling wedge, a bullish pattern, whose target is around 75k. However, having already lost the 59k area, the next support is in the 50k - 52k area with the possibility of falling a little even below 50k, I hope the 59% retracement that occurred is not completed in May 2021 (1 year after the halving) because if so, we could be touching 37k.
With about 10 days left until the halving, $BTC began a bullish rally that, he speculated, may reach more than 75k before the halving takes place. What will happen? Let's wait and see.
When the market is so sideways it is because it is going to explode on the one hand, if you do it well, the profits will be good, if you do not lose, or with good risk management there will not be much risk.
Where will you do it?
If I had to bet, I would say that $BTC will have a strong upward movement. I'm already going much higher, but I'll open one soon.
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When the market is this side it is because it is going to explode on one side, if you get it right the profits will be good, if you don't lose, or with good risk management there will not be much risk.
Where will you do it?
If I had to bet, I would say that $BTC will have a strong upward movement. I'm already going in long higher, but I'll open one soon. #Bitcoin #BTC🔥🔥🔥🔥 #btc