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Bitcoin
following the same playbook?
Sideways in Jan, Up only Feb?š¤
Izjava o omejitvi odgovornosti: VkljuÄuje mnenja tretjih oseb. Ni finanÄni nasvet. Lahko vkljuÄuje sponzorirano vsebino.
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Everyoneās glued to the 40X short whaleās moves. Funny how CT doesnāt care about a $500M+ guy outside crypto, but here, every trade looks like insider info. Crypto whales could be a degen, scammer, or just someone who got lucky with memecoins. Blindly following on-chain traders is how people get wrecked.
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#Ethereum - Unbiased Analysis ETH has one of the worst charts of all time. The price attempted to break above the range high of $4,000 three times in this cycle but failed. On the last rejection, price broke down even below the mid-range and is also trading below the upward-sloping trendline support coming from the cycle bottom. Two possible scenario : 1) Blue - The price continues downward as there is no major support left, potentially dropping back to the range low ($1,060). 2) Green - The price reclaims $2,500 and moves back to $4,000 for another breakout attempt. Technically speaking, the bearish scenario looks more likely. Even if you are an ETH perma bull, you would want to see at least the upwards sloping trendline reclaim before turning bullish again.
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#Bitcoin - bullish retest ? š¤
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#Bitcoin is showing an interesting pattern. In every major dip, BTC has bottomed at the 300 MA. Once again, it's finding support at the 300 MA and consolidating between the 200 and 300 MA, just like the last time before it printed a new high. š
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#Bitcoin - the bull run is far from overš
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