BTC SHORT TO 22786So we are again looking at a QS on daily and we are completing the 4th Leg on Daily TF, the 5th leg should start from 27860/28280 zones
SL 28888
TP1 24444
TP2 22786
we will be trapped in 220-620 loop
break of 620 we go 420 the 220
bigger picture
28888->18888
slice 1 : 27860 ->24444 (Short)
Slice 2 : 24444 ->26200 (LONG)
Slice 3 : 26200->22786 (Short)
Btctrend
Bitcoin Has Taken Its Bottom ?Bitcoin Has Taken Its Bottom.,
You Can See In The Chart That In 2017 Bitcoin Formed Support By Falling 70.71% And In 2022 By Falling 60.00%. And After That In 2017, Bitcoin Fell By 45.88% And Made The Bottom Of Its 3rd Cycle. And Even In 2022, Bitcoin Fell By 46.05% And Made A Chart Like 2017 , It Seems That Bitcoin Has Made The Bottom Of The 4th Cycle.
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Bitcoin BTC on the way to $1 millionThis chart shows the historical price of BTC relative to the 'Bitcoin halving' which happens every 4 years. The halving event creates a supply shock as the issuance of Bitcoin to minders is cut in half. The next halving is scheduled around April, 2024 where BTC issuance will be cut from 6.25 BTC every 10 minutes to 3.125 BTC. Reference the law of supply and demand. When will Bitcoin hit $1 million?
Let's not be Bullish for BTC - WITH SUPPORT LEVELSDon't Panic II It's just the Recession 2022.
BTC is starting to go bearish from very first week of next month or anytime soon.
Hope you clear all your positions & be patient.
Wait for BTC to make it bottom and make an Entry.
Grab your Golden Opportunity.
A short view of BTC via Fibonacci retracementsThis is just a short term outlook looking at previous trend patterns of BTC buy-sell cycles on a period of 3 months. A basic extrapolation of fibonacci levels can indicate short term long strategies of 2-3% upside over a period of 7-10 days. Let me know what you think.
BTCUSDFeb end will be good for market bitcoin moving in good position but the uptrend is not confirm yet 12000$ month end target. keep patients and move with market use money management .don't follow any bull shit group who never show you really they work and doing trading use your knowledge and follow real people who have experience.