This is interesting. last time we made a 2 tip mountain...and this time have we done the same??? is the bull market wearing out? i think so... but my target really was 120k. i would love to open a big short at the top
I dont trade to get rich off a 100 dollar account I have separate accounts for long term holding swing trades and this one is my pocket money account
My goal is just 3 dollars a day That covers my coffee snacks or daily needs If I make 9 dollars today I dont trade for the next 3 days Its all about discipline and knowing your charts not chasing hype
If I make 10 dollars a day thats 300 dollars a month and where I live thats a respectable income for one person covering rent food and personal expenses
Trading is not about gambling its about planning Most people want to turn 100 into 10000 overnight I prefer slow steady and strategic
Trade smart understand your goal and run with the money
I dont trade to get rich off a 100 dollar account I have separate accounts for long term holding swing trades and this one is my pocket money account
My goal is just 3 dollars a day That covers my coffee snacks or daily needs If I make 9 dollars today I dont trade for the next 3 days Its all about discipline and knowing your charts not chasing hype
If I make 10 dollars a day thats 300 dollars a month and where I live thats a respectable income for one person covering rent food and personal expenses
Trading is not about gambling its about planning Most people want to turn 100 into 10000 overnight I prefer slow steady and strategic
Trade smart understand your goal and run with the money
I dont trade to get rich off a 100 dollar account I have separate accounts for long term holding swing trades and this one is my pocket money account
My goal is just 3 dollars a day That covers my coffee snacks or daily needs If I make 9 dollars today I dont trade for the next 3 days Its all about discipline and knowing your charts not chasing hype
If I make 10 dollars a day thats 300 dollars a month and where I live thats a respectable income for one person covering rent food and personal expenses
Trading is not about gambling its about planning Most people want to turn 100 into 10000 overnight I prefer slow steady and strategic
Trade smart understand your goal and run with the money
We are not going anywhere before tapping that 72-74k range!! And i dont modify my charts cz they work out well in the end. I think the 72k will time itself with the bounce back date. Maybe even a sharp wick to 69k nd bounce so it looks like a small wick zoomed out. #BTC #ETH #solana
Bitcoin Analysis: Signs of Potential Correction? đ
Looking at the daily chart, we're observing a few key indicators that suggest a possible pullback for Bitcoin:
* Decreasing Daily Volume: Notice how the volume bars have been generally declining recently. This can sometimes indicate weakening conviction behind the upward price movement.
* Overbought RSI: The Relative Strength Index (RSI) in the upper right panel has pus$BTC hed into overbought territory (above 70). Historically, this often precedes a price correction as the asset may be considered overvalued in the short term.
* MACD Shift: The Moving Average Convergence Divergence (MACD) in the lower left panel appears to be shifting. The histogram bars are turning red, and the MACD line (blue) is nearing a potential cross below the signal line (orange). This can be a bearish signal.
* Chart Pattern: The price action on the main chart (bottom right) shows Bitcoin trading within a rising wedge pattern (highlighted by the yellow lines). This is often considered a bearish reversal pattern, especially when combined with other bearish signals. In summary: While the long-term trend for Bitcoin might still be bullish, these short-term indicators â decreasing volume, overbought RSI, a shifting MACD, and a potential rising wedge â suggest that we could see a correction or consolidation in the near future.
We are not going anywhere before tapping that 72-74k range!! And i dont modify my charts cz they work out well in the end. I think the 72k will time itself with the bounce back date. Maybe even a sharp wick to 69k nd bounce so it looks like a small wick zoomed out. #BTC #ETH #solana
today we have #FedMeeting unemployment date is very crucial. If it comes more than expectation. Prepare for the biggest dump cz the sentiment is super fear zone. My personal thinking is even if we stick to the same rate we will dump. Becareful #dyor â¤ď¸
#bitcoin We are Currently testing our support at 86-85.5k range. we are well above the 200 MA. if we break below the support and close a daily candle below support we could go back to the late 70k marks but for now lets focus on bouncing back from the support zone.
our Target is 92k. making a solid footing at 92k can mean we are back above the danger zone and to our all time high territory.
realistically i think we can see a 102k max before a mega crash reset in the market and going for that new ath by the end of this year if nd only if we are making a 2nd top like 2021.
if we are not then the top is in already. we will get back to 90-96k and go to the bear market for 6 months to a year. The exact date will have to wait. ill have to check but for now these are the levels.