People are contantly waiting for Bull Run . Most of the Telegram channels and traders are saying that $BTC will hit $150k soon but no one knows when..?
LETS CRACK DOWN WHEN
BTC WEEKLY CHART
$BTC weekly chart is telling totally the other side of of bull run i.e the bear run
BTC is looking totally bearish on weekly time frame . it touch the upper trend line
and resistance . and you people know well that how strong is weekly time frame
AS i expected i rejected so strongly on weekly time frame and makes a so strong
Doji candle .As you can see in chart
CME INSTITUIONAL INVESTERS
INSTITUIONAL INVESTOR REDUCED THEIR LONG POSITIONS BY 35%.
WHICH IS A Huge and alarming number.
BITCON ON DAILY TIME FRAME
NOW THERE IS ANOTHER STORY ON DAILY TIME FRAME.
On daily time frame $BTC has broken the symmetrical triangle and look likes that it
is comming back for a retest at 66k region. On daily time frame it is looking quite
bullish
THIS IS ALL THAT WHAT CHART TELLING US
BE SMART
#USElections2024Countdown
#BTCMiningRevenue
#TetherAEDLaunch
