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real parabolic move for #Bitcoin 
starts after the previous ATH is breached
tbh we can learn from the past data but expecting that it'll play out exactly the same way will be wrong
in last two cases (2012 & 2016), number of people involved (trading/mining/exchanges) were way less
starts after the previous ATH is breachedtbh we can learn from the past data but expecting that it'll play out exactly the same way will be wrong
in last two cases (2012 & 2016), number of people involved (trading/mining/exchanges) were way less
$BTC volume was less, scammy $alts were not even there, so moves are taking a bit extra time to play out now as the focus has shifted to something else as well and people are not only trading corn when it comes to #Crypto
if not comfortable trading here, come back when its above
if not comfortable trading here, come back when its above
the red line
comparing the apex of both pennants, volume pattern along with the rising wedge seems to be identical but as the time frames are different now, all i can say is be patient with $XBT
...
dreams will be crushed when this pennant is broken & price closes below on weekly
comparing the apex of both pennants, volume pattern along with the rising wedge seems to be identical but as the time frames are different now, all i can say is be patient with $XBT
...
dreams will be crushed when this pennant is broken & price closes below on weekly
$BTC $XBT
few more interesting things and fractals which I came across
price needs to close back inside the range again on weekly if this indeed is something it follows
comparing volume patterns with such kind of drops in the past (images in next tweet), I feel we might accumualt
few more interesting things and fractals which I came across
price needs to close back inside the range again on weekly if this indeed is something it follows
comparing volume patterns with such kind of drops in the past (images in next tweet), I feel we might accumualt
sudden drop followed by a huge green candle and a rising wedge with decreasing volume, price stays in the same range for a few months before breaking out
in our case even if it drops like before, it should not go below 5.5k imo
BUT global economy & scenario is different right now
in our case even if it drops like before, it should not go below 5.5k imo
BUT global economy & scenario is different right now
$BTC $XBT
okay this is what i see, there are many similarities between the 20k top and the last 14k top
zooming in, the fib levels align with other prediction of 8400-8800 top for this cycle before we go down again
this pump will make everyone bullish just before the halving
okay this is what i see, there are many similarities between the 20k top and the last 14k top
zooming in, the fib levels align with other prediction of 8400-8800 top for this cycle before we go down again
this pump will make everyone bullish just before the halving
but volume doesn't support this and V-bottom (not reversal, remember $BTC)
not expecting price to go below 5.5k tbh
but if this thing is behaving same as the last drop, we will range in that 5.5k zone before dropping one last time till 3k (the CME gap which is still not filled)
not expecting price to go below 5.5k tbh
but if this thing is behaving same as the last drop, we will range in that 5.5k zone before dropping one last time till 3k (the CME gap which is still not filled)
