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$BTC
The problem for most people is that they watch the market for 1-2-4 hours, but do not look at it for 1-3-7 days.
As soon as people see the green bounce stick, they immediately start jumping in at the peak of that bounce.
I even allow for a false breakout to 102-103k and then a rapid retest of 90-91 as important support, and if it does not hold, then a test of 86-84, but one should not forget about the area of interest at 80k.
Right now, many may say that there is no liquidity from below, but there is a lot from above. They will collect it. First, with a false breakout, shorts will be taken off, and then all the retail investors who jumped in at the highs will be rolled down.
The problem for most people is that they watch the market for 1-2-4 hours, but do not look at it for 1-3-7 days.
As soon as people see the green bounce stick, they immediately start jumping in at the peak of that bounce.
I even allow for a false breakout to 102-103k and then a rapid retest of 90-91 as important support, and if it does not hold, then a test of 86-84, but one should not forget about the area of interest at 80k.
Right now, many may say that there is no liquidity from below, but there is a lot from above. They will collect it. First, with a false breakout, shorts will be taken off, and then all the retail investors who jumped in at the highs will be rolled down.
See original
In the near future, I expect a move to 86-84-80 and a final squeeze at 77500.
This is indicated by a huge number of indicators. The decline is not only inevitable but also beneficial for accumulation.
Bitcoin made 2 huge bearish divergences after 80k, so the fall from 108k was inevitable, but that is not enough. The price must come to 80, and only from there will large capital start driving the price up again for the last time, so that retail investors jump into longs.
After setting a new ATH in January, Bitcoin will go into a correction where the flow will start to altcoins. This flow will not be long and will be quick.
The end of the bull market will come in April-May 2025.
After that, crypto will be called the largest pyramid, a bunch of regulations will be introduced, and 96% of all coins will be wiped out. The global economy will enter a recession, and everyone who has not exited will say goodbye to their money, watching as their deposits strive to 0, hoping that the markets will repeat the cycle, but it will not happen.
This is indicated by a huge number of indicators. The decline is not only inevitable but also beneficial for accumulation.
Bitcoin made 2 huge bearish divergences after 80k, so the fall from 108k was inevitable, but that is not enough. The price must come to 80, and only from there will large capital start driving the price up again for the last time, so that retail investors jump into longs.
After setting a new ATH in January, Bitcoin will go into a correction where the flow will start to altcoins. This flow will not be long and will be quick.
The end of the bull market will come in April-May 2025.
After that, crypto will be called the largest pyramid, a bunch of regulations will be introduced, and 96% of all coins will be wiped out. The global economy will enter a recession, and everyone who has not exited will say goodbye to their money, watching as their deposits strive to 0, hoping that the markets will repeat the cycle, but it will not happen.