uchar1

uchar1 Updated 

We are in a bearish broadening ascending wedge, if it doesn't hold 60k, the next target is the 48k-52k range and from there we can aim for a retest of the previous all-time high. With recent meme stocks mania, people are losing interest in crypto. the other fuel for the drop is the bearish economic state and no interest rate cut, I think it's very probable that...

uchar1 Updated 

We saw a very strong 18 percent drop a couple of days ago after hitting the major resistance at 0.67, even with all this crypto hype price actions are weaker than 4 months ago when we hit this area. It only means one thing: Whales are on a selling spree and we are heading for new lows when the BTC multi-month correction begins (around 0.45 or lower )

uchar1 Updated 

We just broke the correction uptrend channel, with all these BTC hypes, it can't even pass a nonimportant resistance, I'm opening another short trade with a target of 0.53 and stop loss at 0.64. The idea is invalidated if we pass major yearly resistance around 0.65

uchar1

Just like Feb of 2020, after breaking the bullish trend line, we are back up once again to retest it, Considering the very low weekly volume, I don't think we will go higher from this point and will see a big 30-60% crash and only then the real accumulation and bull run will begin. Considering the nature of BTC, it only needs a couple of bad news for this to happen