Just draw for fun, BTC trying to touch Final Bottom
BTC could sustain at the Final Bottom and accumulate for 1 year, it will sure touch 200k or + in next cycle, lets what happen to Liquidating the position. Not financial adviser, DYOR.
Finally Crypto market goes in Bear so let's wait for next bull run
IF history repeated BTC will go up for Final ATH in 2022. It is compulsory to maintain Global Financial structure. Time will tell
It is compulsory to accumulate above 30k zone, if happen ATH will be in last starting 2023. if World war happen scenario will impact all the market.
If this will happen in again like crazy if SHIB USDT sustain support level
If BTC sustain Monthly Support Level at 30k then start of Bull Run because already Broken Monthly Resistance.
If BTC break middle 0.5 Fib or 50Weekly MA then Bullish sentiment otherwise Bear Market confirm retest of 50 Weekly MA. It is necessary for BTC to touch 100k in this Bull Cycle for next Halving scenario
Market makers want to different shape in BTC, close below 50 Weekly MA and confirm then it would go for 200 Weekly MA and whole crypto market goes for huge bearish. Note:-During 50 Weekly MA Cross, every time RSI still at the same level,current level are same. 40k is the critical area to watch, huge breakout or breakdown will be happen. Morning start in daily...
If December 2021 Holds Btc Above 40k Then Final Wave Will Be Very Excited. This is not financial advise.
If BTC sustain above 40k it will be ok for Bulls, below 40k extreme bearish, weekend already started this is not any financial advise
Another triangle formation, let's watch upcoming movement, if triangle support will validated then target will be achieved, if triangle support break down should be 14k in next 6 month. This is not financial advise
If BTC stay to hold 200 Daily Moving Average, 50 Weekly Moving Average, everything will fine, in worst scenario if broke 200DMA/50WMA then 28k is major support and also 20k, ready for One year bear market. History already repeated many times, so wait and see the upcoming move, it will surely go for new ATH already week hand liquidated in last dump. This is...
If BTC close Monthly Candle above 60k the next 2 month candle will explode during end of Bull cycle and amazing Alts season
Need Bulls to close above ATH in October for new ATH and BULL continue.
Bitcoin is on the final decision time, let's see what happen
If BTC not go below 28K then we will see reversal for new Bull Run. This is jus an opinion, not financial advise
This is not any Financial Ideas, just though