ביטקויןלונג
BTC: My bullish scenario still valid.(The ELON EFFECT)
I recently found an impt trendline connecting the Dec 2020 low of 42k to the Mar2020 zone. This trendline is actually the neckline of the Inverse Head & Shoulder forming in BTC so this must be impt.
BTC already completed the RS & Head & recently went down to make the LS.
Suddenly I remember the 1.5 B Elon Tweet last AUG 2021 which started a big rally to 69k. Well unfortunately we are going back to that 38620 level next week.
If 38k will not hold, definitely 29k to 33k will be the level where money will pour back in.
As of now, on-chain data shows that whales are continuously accumulating BTC while the retail crowd still confined in a range…buying & dumping driven by FUD..with no direction.
Not trading advice but I hope this helps.
BTC already completed the RS & Head & recently went down to make the LS.
Suddenly I remember the 1.5 B Elon Tweet last AUG 2021 which started a big rally to 69k. Well unfortunately we are going back to that 38620 level next week.
If 38k will not hold, definitely 29k to 33k will be the level where money will pour back in.
As of now, on-chain data shows that whales are continuously accumulating BTC while the retail crowd still confined in a range…buying & dumping driven by FUD..with no direction.
Not trading advice but I hope this helps.
כתב ויתור
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