#BTC🔥🔥 #BTCUSD #BTCUSDT #BITCOIN $BTC
#review
In a previous review I wrote:
“At 36+, these same bears will finally change into bulls. 36+. Maybe 40, maybe even 42. The main thing is 36+. This is where the bacchanalia will begin"
Just as I start talking about the bull before anyone else, I start talking about the correction earlier than anyone else. This is an axiom
At the moment, I think the same - they will give 36,000+, regardless of where. I will interpret this movement (AT THIS MOMENT) as the finale of the hand, a short squeeze, planting longs for a breakout and, against the background of this, a decrease to 29600-31000
All this fits into the scenario with a correction of the global bullish trend, which will continue to grow by 40+ with final consolidation
Nevertheless, we won’t go too far ahead, because the further the planning horizon, the greater the likelihood that new variables will be introduced into the equation that will change the total over the distance
Therefore, we will adjust the script along the way
At the moment, taking into account the divergence in the process of formation, F&G at near-peak values, the logic of a small peak with the goals described above - the priority option is the scenario of a decline after a local peak
Short - only when receiving arguments and confirmations, I don’t recommend setting the limit “at random”, don’t become fuel for technical growth
The graph shows the approximate structure of the movement, we do not look at the trajectory and timing
#altcoins
Altos are much, much more interesting than the cue ball. They are much easier to pump, they are much easier to exit, because according to the classics, liquidity from the cue ball flows into the alts, the alts lose money, the smart money comes out at the expense of the stupid ones, then everyone understands everything :)
Based on the dominance of BTC, I expect a slight correction towards growth, which fits into the scenario with a local cue-ball overrun, and then an exit from the cue-ball to alts, which will mean a continuation of the celebration on altcoins 😈
Were you worried about TWT? It’s not worth it, everything will be ok. Same with the DeFi sector. Just like with coins from the coinlist. Yes, even like with infrastructure old people. What can we say about fundamental beginners 😇
Everything will be fine, don’t worry 😉
Peace, profit and green PnL to everyone
https://www.tradingview.com/x/uxSwKVFB/
