wakefulExpert96649

wakefulExpert96649

Every time the DXY has hit the top of its trend it has initiated a bullish period for Bitcoin. We are at a point where the DXY could reverse course and head back down, or potentially head up a "little" more before plunging. What do you think?

wakefulExpert96649

Drawing support using the 2017 top (plateau, not the true peak) to the July 2021 bottom, a confluence appears at the 50W MA at about 33k. I think it is possible to wick down to the 1.272 Fibonacci extension at around 31770 but that the candle body low will be set at 33k and lead us to the upper bounds of the ranging trend we have had between 31k-59k and then...

wakefulExpert96649

Long-term trend analysis going back as far as I could.

wakefulExpert96649

Playing around with possible moonshot scenarios, I initially thought the cup walls and handle had formed earlier this Spring... but recent price action has me thinking that it's just getting started. Input appreciated, new at this.

wakefulExpert96649

Just for fun, seeing what could happen here. Seems like a cup and handle breakout. Input appreciated.