BitcoinLong
2Bullish Scenario vs 1Bearish Scenario
2 Bullish Scenario
1. Bigger Cup And Handle (Solid Black)
2. Inverted Head and Shoulder (purple)
-They key here is BTC will make a Higher Lows
above
52K and it will invalid the bearish HnS.
Bearish scenario
1. Forming a right shoulder (Red)
-key if btc will make Lower Low
then the iHnS is invalid and the Cup
and Handle.
Nothing we can put here since
were at the middle of 3 charts set ups
but were still seeing a strong uptrend
since this drop is because of the omicron,
so its heavily affected by the global news,
also add the FED hike news started during
october and stocks and crypto was drop
last November and December, but right
now according to the news, few will increase
the hike on June 2022 that it could send
stocks and crypto to bearish, we heard that the
fed will increase their buying on bounds.
if were right then on january btc and crypto
will start to bounce and also we see some leaders is
moving high despite of btc drops then its possible
that on 2022 will be the alts seasons, if we check
ETH/BTC charts they are both uptrend and soon
it will make new highs.
for now lets see whats gonna happen on 45k to 50k+
but atlist bitcoin should close the monthly candle above
$50-53k, so it will support the january candle bounce.
(were at wave 4 weekly) (wave 5 next year) $80-100k? 125k?
thank you and happy new year.
1. Bigger Cup And Handle (Solid Black)
2. Inverted Head and Shoulder (purple)
-They key here is BTC will make a Higher Lows
above
52K and it will invalid the bearish HnS.Bearish scenario
1. Forming a right shoulder (Red)
-key if btc will make Lower Low
then the iHnS is invalid and the Cup
and Handle.
Nothing we can put here since
were at the middle of 3 charts set ups
but were still seeing a strong uptrend
since this drop is because of the omicron,
so its heavily affected by the global news,
also add the FED hike news started during
october and stocks and crypto was drop
last November and December, but right
now according to the news, few will increase
the hike on June 2022 that it could send
stocks and crypto to bearish, we heard that the
fed will increase their buying on bounds.
if were right then on january btc and crypto
will start to bounce and also we see some leaders is
moving high despite of btc drops then its possible
that on 2022 will be the alts seasons, if we check
ETH/BTC charts they are both uptrend and soon
it will make new highs.
for now lets see whats gonna happen on 45k to 50k+
but atlist bitcoin should close the monthly candle above
$50-53k, so it will support the january candle bounce.
(were at wave 4 weekly) (wave 5 next year) $80-100k? 125k?
thank you and happy new year.
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