Well longers, where are your big mouths now?? 😂😂😂😂
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Anonymous B69
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Medvejellegű
🚨 URGENT! MUST READ.🚨 ~ 🚨#Bitcoin is about to DUMP.🚨 ~ Here's why a "sell the news" event might occur for Bitcoin and an update on the weekly status: ~ Daily Time Frame:
Since the pump on July 12th, we've entered overbought territory on the oscillator (on July 16th) and are developing a bearish divergence, indicating a potential correction as bulls lose momentum. ~ Now refer to the first chart attached:
In this chart, I have drawn 2 paths showing what I expect $BTC to do in the coming days.
Yellow path: It shows that we have started the correction and we're going down to retest the 0.618 fib level, which also aligns with the 20 EMA on the daily. Before ultimately reaching somewhere between 1.618 and 2 fib levels, which will be very close to 80k, I'm personally betting on the fact that we'll reach 82k by August. Let's see what happens.
Personally, I'd like to see the yellow path play out because it gives #BTC to cool down for a bit.
Red Path: It shows that BTC continues to pump in anticipation of the upcoming Bitcoin conference, where Trump will give a speech. And as we come closer to the event, the hype dies down and we see a normal market correction to the current level, and i believe by that time the 20 EMA will also be very close to that level, thus completing the long-awaited retest.
Now let's talk about the weekly timeframe:
As you can see, bitcoin gave a weekly close above a major level of resistance, which is very bullish. The weekly oscillator is in neutral territory, showing that it still has the strength to continue with the pump, which gives me hope that we still have enough power left on the weekly to reach the 80s.
But one thing we have to be careful about is that the last time we reached this area on the oscillator, we got rejected on the pink MA in it. Right now we're at the same place, and I'd personally like to see bitcoin break this resistance ASAP. ~ All in all, bitcoin is bullish, and we're in an uptrend, no more 48k here. Looking forward to a new ATH very soon. ~ Thanks for reading. Stay safe.🤝🏻
$BTC the rise has been going on from 05 of july to now 18th of july
It's been 2 weeks of constant rise, which means it can dump now randomly.
Longers can say anything they want but bull markets typically last for a month or 2 weeks minimum
They rise it not for YOU but to collect investors and later they will eat up the rise to after increase the value of bitcoin. They will not use their own budget.
$BTC the rise has been going on from 05 of july to now 18th of july
It's been 2 weeks of constant rise, which means it can dump now randomly.
Longers can say anything they want but bull markets typically last for a month or 2 weeks minimum
They rise it not for YOU but to collect investors and later they will eat up the rise to after increase the value of bitcoin. They will not use their own budget.
Imagine you are a whale and you got all these long orders to liquidate 😄
I would not be surprised if he blueballs us all before 70k
He knows very well that we all think the same, he traps everyone in the long mindset and as soon as he tricks you into thinking its not gonna stop, he drops a nuke on everyone
It's business, he does NOT want you guys to make money, he wants to TRICK you
All of this is happening due to trumps stock market increasing by 70%
So when the guy who bought at the bottom sees this rise, best believe he will sell it to feed his family.
there is a little more room left for increase but a waterfall is gonna come as a result of the hype
The reason why is, nothing is only one way, its both, so like a swing, they gave momentum to the swing but it has to swing the opposite direction and back so they can push the swing even more up , thats physics, thats just how life is and that even goes with trading, physics is a fact, but we don’t know how much the person will push the swing the second time, thats the risk 🟩✅🙏❤️
$ENA THIS CHART IS JUST LIKE OTHER TYPES OF NEW COINS, THEY GO TO ALL HIGH AND DROP A BIT, LETS HOPE ITS NOT GONNA GO TO CENTS BECAUSE IT HAPPENS OFTEN THAN NOT 🙏🙏🙏📈