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How you playing it? 🐬

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Keep playing their game, but change your perspective, open your eyes and mind, see what others cannot see, study, encompass your thoughts, track, find. Figure it out by your own, no one it's going to tell you the truth, it cannot be spoken. Wake up 🧠

I'm back. If you sustained what I said in my last posts where would you be right now? Did you faded my analysis? Will you do it again? It's your choice anyways...

Try fading me again

BTC has been acting very strangely in the past weeks, good news coming in, better than expected inflation data, even a "breakout" to 65K happened, SPX and NASDAQ approaching from new highs. But BTC still remaining in the price range of 58K-60K increasing the fear index and taking away from those who act with emotions and get carried away by the narratives, the famous "sardines" that is always providing money for the market.

If we take a look to the monthly candle that's going to close tomorrow, we achieved a good percentage of liquidity, went testing a important FIBBO zone, so would be crucial closing this candle above 60K and recover 62K range zone, but if it closes below 58K would be a bad taking a short term perspective, even being able to test 55K/56K zone (and a chance to fil even more our wallets if you see as a opportunity). It's visible that we are in a consolidation period, in this periods we have a lot of false breakouts to catch who are in fear and those who are to greedy, be careful with manipulation in this dark times.

In short term BTC still undecided, we should have a clear signal when all time charts show us a clear uptrend. Taking a look in the daily chart the annual VWAP still acting as a gravitational center, in the weekly chart BTC basically returned the pump that occurred day 21, in the monthly you can see we are in a clear accumulation zone for the past 6 months. But when we take a long term perspective it's clearly that we are maintaining a bullish pattern, we are getting closer to FED announcement about interest rate and by this we should have a clearly indication to what's coming. Please understand that consolidation, corrections, a little bit of fear, it's all part of the market to absorb and accumulate even more capital from the impatient.

If you stick and have a clear trading/investment plan you are going to surf a huge wave, this is probably the biggest wave we have in years. Do your own research, do not be caught by narratives, stick with technical analysis and don't forget that every action has an explanation.

Stay safe.

Last daily candle closed beautifully breaking 62K resistance with ease, after Powell's speech BTC went very volatile threatening to break 62K resistance but just truly break after a few hours closing the candle at 64K.

It occurred just like I said in my last posts, where I shared a wedge that was being drawn symbolizing a period of accumulation and it was about to break up. That's why you need to stick with technical analysis, they basically provide you the best and most accurate information needed to know what is going in the market. If you fall into these markets narratives without knowing what's really happening, like two weeks ago they were saying that the US was going to pass through a recession or the Japanese market was going to go bankrupt, they are all narratives to make your fear bigger. While everyone was selling in panic, the smart ones were filling their pockets because they stick with a smart trading/investment plan and now how the market really works.

That's why I provide you technical analysis, to help you understanding that every action has a explanation. It's not the BTC chart that will provide you everything and what's going to happen, you need to understand what's going on all global market, only this will show you what really affects the market actions. Basically technical analysis is the safest way to stick with your trading/investment plan, if you knew this two weeks ago you would be half way to your success with half of your pockets filled.

Now talking about BTC we have some new important resistances to break, the most important for now it's the 65K and if it show facilities to break it we could see BTC with enough strength to hit 70K price range and retest new highs. If BTC retreats to 61K price range, a little lower from resistance, it could be a buy opportunity for those who haven't entered yet, but if goes lower than 60K it would be bad for the time short period. For now we must wait for the bullish pattern to fit into all time frames and confirm that bullish trend.

BTC is just like a Shinkansen and no one can stop it.
Stay safe.

Before start talking about BTC it's important knowing what's going on global market, SPX, NASDAQ, NIKKEI. This week begins with good feelings for global market, SPX500 being 2% away from maxims, also NASDAQ 5% close to the maxims, we are seeing a clearly global recovery after the big dump that happened last week. So it's very optimistic that important index as SPX, NASDAQ, NIKKEI, even IBOV are approaching from maxims and as the market maintain bullish, in the long term, specially after a sudden big crash. Suddenly crashes indicate retracement of the upward movement, forming bottoms and showing goods trading/investment opportunities if you're smart and buy when everyone is on fear.

For BTC it's really important that fast recovery as we approaches to the big wave, if all market is on a bullish trend, BTC also tends to follow this trend. This last week for BTC was very boring even with all market in a uptrend in the short period, BTC maintained
in the 56K-62K price range basically lateralizing in this undecided week.

For now would be essential BTC breaking 62K resistance to show strength enough to approaches 70K resistance and get closer to new highs, but if it retreats and break 56K support it will show a market weakness and would be bad for short time period, also is not what we want considering that big optimism in global markets. In daily chart, this wedge keep drawing new tops and bottoms sticking with the annual VWAP as gravitational center and consolidating even more, probably indicating that we are near from this wedge break to new week highs.

As the market keep doing false breakouts in short time period, would be great taking care with this false ruptures and wait for 62K breakout. When the market is acting like that it's important you look from a long time perspective, knowing that we are close to a uptrend pullback and not falling into institution temptation indicating this "false" down trends.

Stay safe.

After a tremendous boring week with BTC maintaining in the 56K-62K price range I'll drop my thoughts on what's coming. Until now the market still the same boring thing, to a short time analysis just read my last post.

As you can see in this chart included with the previous 2 cycles occurred, you can take a look very clearly where we're going. Fractals have been drawn from bear market bottoms to cycle tops, also it's interesting that both last cycles had exactly 1068 days, we are just in the middle of this current one.

While there's people saying that cycle is over and panic selling everything, the smarts one who knows what's coming remain calm and panic buy. Also taking a look in the chart you can see the next step, all we can do now it's fill our wallets and wait, don't be nervous remain calm and stick with your trading or investment plan.

Do not get caught by this "cryptos influencers", or whatever you wanna call it, saying this cycle is over and there's no bullrun, get your ass off from the couch and be smart to do your own search. The story repeats again, it's just matter of time until good time comes and we can finally surf this big wave.

Stay safe.

As you must know we are very close to a coming bullrun and altcoin season, and those who remains patient will get along peacefully and quietly. This is probably the biggest cycle we're going through, if you get nervous or anxious with market doing little corrections and can't stick with a investment/trading plan, I'm sorry but you're not ready for what's coming. If you want to surf this trend you need to remain calm, every time you let your emotions take place and control your actions, you're just showing for yourself that you won't be able to remain in the market until this trend really starts.

We are passing through a clearly accumulation, a true bullrun just begins when macroeconomic factors exists, just as a large pool of liquidity resulting from macroeconomic flexibility happens, certainly similarly what happened in the past cycles, this is only possible when FED starts creating this flexibility scenario and growing of the global liquidity, and this will probably occur after basic interest rate cut in the coming month. If we presume this next cycle can extends until second 2025 semester, we cannot even imagine and also I'm afraid at what price ranges BTC can achieve. BTC is acting like a Shinkansen and no one can stop it.

So I beg you, stay calm and patient. If the market is boring for now just stay away from it, do not keep looking every single time, it's dangerous for your mental health. If you're lost and don't know what to do, I have a growing community on Telegram to help those who want to understand more what's coming and surf this next cycle, you can find me there by the same nickname you're seeing here.

As the market it's doing the same thing all week, I don't know if I'll post an analysis today. You can read my thoughts in my last posts.

Stay safe.

BTC is having a hard week, with all market going up, it stills maintaining in the 61K-56K price range. There wasn't enough strength to break up some important resistances being the 62K the hardest one in this area, and even when it broke 59K the market had a false breakup and retreated to 56-57K.

The more BTC still accumulating and still acting like a spring, the more it will go up on a big pump, probably in a short time period. Remembering when we look at graphic times in short term it stills bearish and bullish on long term, so it would be good if BTC demonstrate strength and easily break 62K resistance area. With that all graphic times would align and illustrate a bullish term showing us good things coming in a near future.

Before something show us what BTC will follow, I recommend you being more careful until this weeks ends, since it can still lateralizing this weekend showing false breakouts, just as it occurred all week.

We are going thought the same thing when BTC was 19K, 24K, 34K, this much sales we are having in the past weeks and months it's just serving as fuel to BTC have a strong pump, this is probably the biggest consolidation BTC had in it lifetime.

Taking a look at the wedge in daily chart, as I keep redesigning, BTC is trying to recover that dump we had two days ago and maintain in the annual VWAP price range, being 59,300K. As I said before, take care with possible false breakouts, and remember all we can do it's nothing more than speculations and try to use it in our favor using technical analysis, we rarely know the next step.

Stay safe.

Sorry for late update, I was kind busy today. Why all markets specially NASDAQ, SPX and NIKKEI had a pump and BTC dumped? Let's take a look at what happened today.

BTC dumped to 56K, now is trying to recover to this wedge and maintaining the annual VWAP as range price after breaking down the triangle in 1H chart that I posted these days. Even with good CPI statistics the US government transferred 10,000 BTC to Coinbase, probably explaining that dump and showing uncertainties by the US government.

The US elections affects a lot in BTC price and as we know we are very close for the votes, with Trump supporting cryptocurrency and statically losing to Kamala it can be difficult to BTC have a easy pump, since if Kamala's wins that 10K BTC could be sold making it difficult to BTC.

In the short term, specifically in daily chart, BTC assumed a bearish pattern, but in the weekly it remains bullish. If BTC dumps below 55K again it can be a purchasing opportunity in long term, as it maintained in the 57K price range for a few hours it showed us good alts opportunities.

Stay safe.

#MarketNews #BTC☀ #analysisreport

BTC still maintaining the annual VWAP as gravitational center on this wedge, remaining inside of it. It's important BTC holding 58K/57K, if it loses this supports range it will show market weakness and we can lose important price ranges.

We also had CPI data coming today, arriving with good statistics, and DXY (index that measures the dollar strength against the main divisions and shows an inversion relationship with BTC) showing frailty, with that BTC stills rejecting 61/62K indicating a possible market manipulation.

Wait until something really happens, it's usually normal when good data comes, manipulators start acting and throws the market down to hunt longs liquidity from the emotional ones, who believes that type of data express that the market will follow the exactly same trend, and we know it's not like that.

Stay safe.

#MarketNews #BTC☀ #analysisreport #Manipulation

$BTC in 1H chart is hardly trying to breakout the resistance on this triangle showing buyers strength, but as we can see, it remains inside of it. If this resistance doesn't hold buyers will take place and soon enough we can expect price going among 64K/68K, retesting important resistances among this price range.
Remembering too we had some important data today, the Producer Price Index (PPI) percentage came better than expected, with that the market replied in a good way, especially NASDAQ and SPX. Also tomorrow we have CPI statistics coming, let's see how market reacts.

I'll be back tomorrow with another analysis, stay safe.

BTC after rejecting 50K, in daily chart anchored by the annual VWAP is drawing a wedge, this wedge is maintaining the annual VWAP as gravitational center. Just as I said in my last post, this price might remain in this area for some days, until breaking this pattern.
In my vision soon we are going back to retest 62K resistance, if we break this resistance might going back to retest 67K.
With that said you can expect a lot of volatility this week.

Something big is coming.

Stay safe.

BTC was drawing this ascending triangle in 4H chart, as we saw it went down, hitting 58K a few hours later. It will probably remain in this area for some time, could even reach 57K, until going up again.

Hello, I gonna post some market analysis whenever I feel to, you can follow me for good content or just skip and continue consuming from those who "knows", it depends on you.