$BTC 1 Day TF Analysis:
• I know you're still wondering 🗣: “What’s the next move for BTC?” Here’s what you should focus on:
➣ $BTC , much like $ETH , appears to be repeating a pattern similar to what we saw during the launch of the BlackRock ETF. (First chart)
➣ Following that positive event, BTC corrected 📉 by -21% from its peak, which resulted in a shift in market sentiment.
➣ We are seeing a similar pattern now, but under different circumstances. Some low IQs are prematurely calling the top ▲, and we haven't even entered 2025 yet 🤦♂️. This bearish sentiment will primarily affects only weaker hands and forces them to sell their holdings.
• The prevailing bearish mindset gives me more confidence that a price pump 📈 and a new rally are on the horizon 🚀.
• However, this time, BTC will be consolidating between $110k and $89k range and when it will come to a break out 📈, I will ensure to identify the top ▲ and consider selling some of my holdings💰.
• I hope you understand why you should remain bullish when over 90% of fake gurus are bearish and predicting a drop to $84k when the deepest retracement we had from the previous ATH, is -16%. What a bunch of retards 🙄!
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