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New ATH before 15th June ? Itâs comingâŠ..âĄïž #BTCâ #bitcoinâïž #btc70k
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Plan is on and #BTCâ Â should be creating this Inverse H&S within next 15 days (+-5). That will be the 4th strike and most likely BTC will breakout from there to reach a new ATH. Since the RS is not deep so I am presuming that a breakout should happen on 4th strike. What will happen post ATH? A bearish divergence most likely and a correction post mid July or somewhere close to Aug. We will see the $1B liquidation drive then. Our plan is to exit before that. I will update you as and when the chart develops but this is what is currently running in my head. Mind you BTC Macd on weekly had a bearish cross over 2 weeks back and would require 2months to cool down. If we see the liquidation drive post mid July then BTC is expected to remain bearish for Aug-Sep. Nothing to worry Q4 would be funđ Cheers!
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âŒïžBreakout on 4th or 5th strike would depend how deep $BTC falls down. If it keeps consolidating here above $65k then I expect a breakout on 4th strike. Anything below that means it would require 2 more strikes to b.o. Bearish scenario for now is not in the picture with ETH ETF also in the queue I think we will have 1.5 to 2months of decent run/consolidation in both BTC and selective ALTs Reminder : Keep booking profits on your positions regularly, market takes 1 day to wipe off all profit you made in 3months #btcpizza #btc70k #altcoins
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đ Volatility Alert âŒïžBe careful for the coming week. đą Biden can veto SAB 121 senate decision to protect crypto đą SEC can deny the ETH ETF đšDonât get liquidated đšBe prepared for even more volatility. #ETHETFS #ETH_Market_Update $ETH $BTC
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#BTCâïž making reverse h pattern that will going to pump btc soonâŠ.? 1. Reverse h 2. Bullish Just like h pattern is bearish $BTC
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