So far price spent a very long time accumulating in this bear channel #BullishFlag
so at the moment as we are closing this month as well as this week, we looking at if price closes the monthly candlestick above $65k. So therefore, I have a long position already into play in the range $68k- $70.
So far in the upcoming #BullMarket phase 2 am expecting #Bitcoin price to touch $120k.
Currently -75% price correction looks possible and if it successfully retests the support zone, there we shall have confirmed a very strong bullish reversal support pattern (Adam & Eve ).
So far i am focusing much on green arrow zone (horizontal support as well as the descending support trendline) $0.1000- $0.1600 for my swing long position.
💔 A Legend Has Left Us: Kabosu, the Doge Meme Icon, Passes Away 💔
It's with heavy hearts that we say goodbye to Kabosu, the adorable Shiba Inu who captured our hearts and became the face of the Dogecoin meme. 😭
Her iconic expression, forever frozen in time, inspired the creation of $DOGE and the Shiba Inu token, forever changing the world of cryptocurrency. 🐶🚀
Kabosu's legacy will live on, not only in the memes that continue to bring joy to millions, but also in the reminder that even the smallest creatures can have a lasting impact on the world. ✨
Rest in peace, Kabosu. You will be forever missed! 🙏
⚠️At the moment, the market is selling the news (this happened for #BTC ETF as well).
What is gonna happen next? 👇
TO BE CLEAR: 🎤This does not mean they will begin trading today or tomorrow.
👀This is just 19b-4 approval. They also require listing to trading platforms as well as approval of the S-1 documents, which are going to some take time.
👉Meanwhile, in the long term, when the ETF gets listed, there will be a lot of liguid inflow into the market.
↗️↙️As we can see on the chart, possibly the price may continue accumulating in the existing ascending manner along the support trendline until all events are clear done for permanent breakout above the existing resistance.
Though again, if price gives us a third hand on the major support box, then the price will have formed a strong bullish reversal support pattern #TripleBottoms .
Therefore, price momentum looks stronger at the bullish side, and i am looking at entering my long position around $0.3500- $0.5000.