Three Phases of #Bitcoin 1) First leg up 2) Re-accumulatio | Kri on Binance Square

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Three Phases of #Bitcoin 
1) First leg up
2) Re-accumulation
3) Price discovery
Looks like price has just entered Phase 3🚀

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#BTCDOMINANCE 🅱️ Bitcoin Dominance Meets Strongest Resistance, Inverted Correction Over! Nobody thought about doing this... Watch, isn't this smart? I plotted the Fib. retracement levels for the last bear-market wave and look what I found, Bitcoin Dominance is now trading at the strongest resistance possible, the 0.618 Fib. retracement level. ➖ Since September 2022, BTC.D has been moving within an inverted correction. ➖ There is super high bear volume mid-March 2024, signaling that some change is coming. Trading volume then starts to drop. ➖ As BTC.D approaches this major resistance level, it produces a rising wedge which is a bearish pattern that points toward a trend reversal. I don't need to go any further. This index can drop now that a major resistance level has been met. Thank you for reading. Namaste. #BTCD #BTC #Bitcoin #Crypto $BTC

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#BTC 🅱️ Bitcoin New All-Time High After Capitulation Event To keep it simple, we just need to deduct 50% from an average price tag of around $72,000, this would put Bitcoin at around $36,000 on this major crash. This same level matches EMA55 on the monthly timeframe. This would be remembered as Bitcoin's 2024 capitulation event. What happens after the capitulation event? Sustained long-term growth. A new 100K target is a very easy for Bitcoin but should be hit in 2025, not 2024. A new All-Time High in 2025 will take prices beyond $150,000 or $180,000... Prepare for long-term growth. Thank you for reading. Your support is appreciated. Namaste. #Bitcoin #BitcoinRecovery #BTCNews $BTC

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