BTCUSD - Bitcoin casually following path of next year ?

5 дней назад

Don't put to much credit on this one because even me I'm not believe my eyes
but this is the reason why I'm not taking profit yet

13 november 2024 is 25 October 2023

- Fibs extensions fit super well with this path,
- it's another confirmation for the green path I drew a month ago

- 97K for the next coming 10 days is very likely to me
- 120K for 25 december 2024 looks like a fairy tale and I want to believe

=> more than 10% drawdown for BTC is a partial take profit for me and a redistribution in more risky altcoins

I made a sort of indicator on my own that says if a certain coin will be worth it to buy for this bull run or no. Can already tell you that SOL , FET , STX and UNI are in it. Will show you my picks next month.

See you

not financial advice

3 дня назад

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Ding Ding my alarm ringed !

First target 1.272 fib extension 97600 hit, a day too early tho

what now ?
for btc, just looking at that pattern we should retrace too ~93500

for eth, ethbtc is at its lowest point as expected here

so hopefully this little pullback will just allow eth to shine from there

cheers

3 дня назад

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sorry I meant retrace to 91500*

2 часа назад

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now slightly trading below 100 MA 1H, if it get rejected we can see further decline

still following the path but trading a bit above,
based on that we had the retrace I was talking about, I said 91500 first but dont see it will go more down than yesterday
from now we can see 100-104k next weekend, another retracement a bit bigger than the previous one and then turbo push to 120k