Will see the current status of Pi Cycle Top, Log graph & Investor tools at once to predict bitcoin top as per the calculated duration of cycle if it go beyond than expected.
BTC after bottoming out has given us a good upmove and a sharp sell off was met by good support.
Expecting BTC to test the all time highs pretty soon as it look really good on weekly charts.
A very good long opportunity for good rewards in the coming few days.
If we hold above $42.5k level then chances are price will bounce back from this level eventually price will go up,if it fails to hold above this level then market can go bearish for a short period of time
5 reasons to book profit
1- declining RSI.
2- declining MACD.
3- Heavy resistance at 50-51,5 k USDT.
4- q3 closing in 3 weeks.
5- out of 6, the previous weekly candle closed in red causing resistance and a decrease in the Volume over 6 weeks duration.
your point of view or suggestions are most welcome
BTC INTRADAY UPDATE:
VOLATILITY EXPECTED : HIGH
EXPECTED SCENARIO:
#BTC should test our SUPPOPRT1 and a small bounce is expected at that level.
SUPPORT1 may not hold today.
BULLISH SCENARIO:
$BTC has to cross our INTRADAY FLIP line to be bullish. which is quiet difficult today.
BEARISH SCENARIO:
$BITCOIN may not hold at SUPPORT1 and we test our...
Bitcoin Movement August month
From 37K to 50K
(13K Up Movement 50-37=13)
Bitcoin Movement July Month
From 29K to 40K
(13K Up Movement 40-29=13)
Expected movement for September month
Bitcon can reach at 58K to 60K
This chart is only for educational purpose.
If you like my chart give like or comment.
Bitcoin donation address.
13cDaWYHa5G4ckjYyXTBEH4ecg5ogSLYg6
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