put BTC on the weekly and see that it is repeating the same chart pattern from the recent past, it should form a pattern similar to an inverted H&S and start the rise ...
As we can see in the weekly chart below, the 25 average is still rising, so starting today it becomes more explicit whether it will really drop (with the average turning down) or will return to rising ...
BitCoin is like believing in "Pascal's Wager", that is, believing that heaven exists after death, BitCoin is more or less that, nobody sees it, but it will make you rich...
I would like to understand why on the TradingView chart the value of BTCBRL is 6 thousand reais (1,100 USDT) below that traded here on Binance... a lot of difference, right?
As explained by me, the OCO is formed, now if it continues to fall the big hole, but I hope it stops the fall and reverses the trend... see below the OCO formed in BTC and SOL (Solana).
Looking at the chart below, BTC today, everything indicates that it is forming what I call "Oliver", and if this sequence continues, the drop should be approximately the size of the last two red candles (on the 12th and 13th), I am following and in this case I won't buy anything today if the candle remains red, hugs.
My first publication will be my basic operating strategy, for that we need to take a look at the past.
1 Halving (2912 to 2016): 3 years after the start of the first season (first Halving), BTC fell by 83%, that is, an opportunity occurred for those who missed out in 2012 at less than $8 (eight dollars). In this 83% drop, BTC was purchased for $180, at which the price was already much higher than the offer given in 2012.
2 Halving (2016 to 2020): After 3 years, January to February 2019, BTC fell by 80% and was priced at $3,487 for those who didn't catch the fall of the first Halving at $180 to $200.
3 Halving (2020 to 2024): After 2 years, BTC fell 74% and could be purchased for between 16000 and 18000 $, for those who missed the chance in the fall of the 2 Halving.
Now let's go to the 4th Halving, and the biggest drop could occur in 1 or 2 years, the problem is that, as happened in the previous Halvings, it rose more than 3000% in the first and second Halving and in the last one it rose more than 1000% % before the drops shown above at each Halving.
At this moment it is falling 17% in relation to the last top, so I think it deserves an entry, today or tomorrow, because, although it has the possibility of falling another 14%, it is worth putting in half of what you were going to invest and waiting for the next ones 3 days, if it goes up or down, put the other half in and make your average balance.