Bitcoin Tsunami Phase 1 : Price Target Over $80K**
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Bitcoin is in **Phase 1 (Beach Time)** as the price moves over $80K. While retail traders might be enjoying a bearish sentiment, it’s time to prepare for the next big move. The **Phase 2 (Earthquake)** will surprise many, followed by **Phase 3 (Tsunami Wave)**, which could lead to panic as Bitcoin accelerates higher.
The 1-month timeframe signals a **Pivot High** is approaching, with a **Bullish Harami** pattern confirming bullish momentum. This is not a failed rally. Bitcoin is gearing up to break through resistance, and once it does, the **rocket is ready** for liftoff.
Using a **True Range Candle Indicator**, based on volume and not speculation, traders can follow **MA’s and Pivot Zones** for accurate guidance, replacing traditional indicators like the RSI.
Conclusion and Advice :
Bitcoin is entering a critical phase, with signs pointing to a major upward movement. Traders should prepare for the **Pivot High** and monitor key resistance levels. The **True Range Candle Indicator** and price action strategy will guide traders effectively during this rally. Keep an eye on the coming phases to avoid being caught off-guard.