$BTC Analysis update: What's Next ?
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BTC Analysis: What's Next?**
As you can see,BTC has completed its previous consolidation phase, which lasted six months. The recent *Trump election pump* coincided with the end of that phase, leading to a new, massive parabolic rally.
However, signs are emerging that the market is overheating:
- **RSI**: Indicates overbought conditions, suggesting a correction is due.
- **MACD**: Overheated and also signaling an impending correction.
On a **weekly timeframe**, history tells us that similar situations have resulted in sideways movement for about six months, with a 30–40% downside, before the next major rally begins.
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### Will This Trigger an Altseason?
Most likely, yes. During these cooling-off periods, investors often turn their attention to altcoins, which tend to be more active and engaging during such times.
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### MACD Insights
By counting the bars on the MACD, it looks like we might have **two more weeks of upward movement** before an EMA crossover signals the start of consolidation.
---
### Looking Ahead
The next major pump could occur around **May**. Let’s see how this unfolds.
**Remember:** Do Your Own Research (DYOR).
BTC Analysis: What's Next?** As you can see,
BTC has completed its previous consolidation phase, which lasted six months. The recent *Trump election pump* coincided with the end of that phase, leading to a new, massive parabolic rally. However, signs are emerging that the market is overheating:
- **RSI**: Indicates overbought conditions, suggesting a correction is due.
- **MACD**: Overheated and also signaling an impending correction.
On a **weekly timeframe**, history tells us that similar situations have resulted in sideways movement for about six months, with a 30–40% downside, before the next major rally begins.
---
### Will This Trigger an Altseason?
Most likely, yes. During these cooling-off periods, investors often turn their attention to altcoins, which tend to be more active and engaging during such times.
---
### MACD Insights
By counting the bars on the MACD, it looks like we might have **two more weeks of upward movement** before an EMA crossover signals the start of consolidation.
---
### Looking Ahead
The next major pump could occur around **May**. Let’s see how this unfolds.
**Remember:** Do Your Own Research (DYOR).
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.