Bitcoin
Short
Zaktualizowano

Capitulation is coming

1205
Currently we could be in wave III.
If BTC breaks through $ 8,900, we'll see a big fall.
If the BTC does not exceed 10500, the analysis is still valid.
Uwaga
In both charts, we are already below the trend line. This suggests a coming crash.
Logarithmic chart
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Linear chart
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Uwaga
BTC tested the MA 50 Daily (MA 300 4h), MA 200 4h and the declining trend line as well as the growth trend line from below. Furthermore, we can observe a descending triangle formed by a thin dashed line and a blue horizontal line (Accumulation stop loss).
snapshot
Uwaga
Dominance BTC is in the key zone.
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Uwaga
BTC still failed to return above the dashed trend line.
snapshot
Uwaga
Bullish signal? We haven't created a higher high yet. But Ethereum has already created a higher high. It is therefore likely that BTC will soon create a higher high as well. Then we can talk 100% about the bull run.
snapshot
Uwaga
Bull market start now.
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