I completely agree, but the correction of Bitcoin could be down to 38000
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Gentlemen, if after 118,000$ we don't go into a correction with a volume of a 30-liter cistern of red, then this episode may become my favorite horror movie.
- Deviation from MA 25 - record - The annual scale figure "cup with handle" remained without a retest to $75-78, - we have no globally red candles on the movement from $70,000 to now 118,000$ the first target.
Even if this is a "cascade" figure, then the target of 132,000$ will be closed within the framework of this movement. But then, I would include Jesse Livermore and "short this country to hell."
On the 3-day TF, I observe a divergence in the direction of RSI and STORCH RSI, which indirectly indicates a "pump of the last smile".
Further, in EACH of the events in the past, a fall of #BTC first by 70% (March 2020) Then 55% (May 2021) was accompanied by the notorious harmonica S.RSI. Large TFs. On each of the last waves of which we were fixed in the fall and a reversal occurred. Here we observe the situation in the opposite direction: on the last wave of the harmonica, we go to $ 118,000, the trend has already changed to the opposite. (We go from top to bottom) This is another "moment" with all the cumulative.
Not to mention the fact that in the last year there are practically no volumes for such a movement 👀
And the Fed on 18th is like a carrot for...
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