Mags
#Bitcoin holder since 2016 🚀 | Crypto Trader & Technical Analyst📈 | Finding Chart Patterns / Fractals💎
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#Bitcoin Simple Strategy 🤝
1) Buy Bitcoins 500 days Before Halving
2) Hold & Do Nothing
3) Sell 500 Days After Halving
4) Repeat
1) Buy Bitcoins 500 days Before Halving
2) Hold & Do Nothing
3) Sell 500 Days After Halving
4) Repeat
#Crypto - Most people don’t realise how small the entire crypto market still is.
We’re sitting at just $3.3T and if you look at past cycles, each time total crypto marketcap saw a nice pump above its previous ATH and a clear blow-off top.
So far we are still trading around 2021 Peak which means this cycle hasn’t peaked yet.
We’re sitting at just $3.3T and if you look at past cycles, each time total crypto marketcap saw a nice pump above its previous ATH and a clear blow-off top.
So far we are still trading around 2021 Peak which means this cycle hasn’t peaked yet.
$TOTAL MARKETCAP has broken out, retested the trendline, and is now forming a triangle.
A big breakout could be next👀
A big breakout could be next👀
#Bitcoin just broke down ! Is the bull run over?
On the daily chart, BTC has broken below the previous all-time high and is facing rejection at that same level. This might look like the start of a deeper correction
But on the weekly chart, price is still holding above the previous ATH which means this could just be a wick or a retest if price bounces here.
This week’s close is important:
If BTC closes below the horizontal support and resistance line on the weekly, we could see a deeper pullback possibly forming an inverse Head and Shoulders before the next leg up.
On the daily chart, BTC has broken below the previous all-time high and is facing rejection at that same level. This might look like the start of a deeper correction
But on the weekly chart, price is still holding above the previous ATH which means this could just be a wick or a retest if price bounces here.
This week’s close is important:
If BTC closes below the horizontal support and resistance line on the weekly, we could see a deeper pullback possibly forming an inverse Head and Shoulders before the next leg up.
You will regret not buying this dip
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