Alright guys, no moon boy predictionsâjust my realistic top prediction for $BTC âïž
Considering the fact that I believe #Bitcoin will never drop below 30k again, Iâve made a quite realistic [IMO] price prediction of $120,000 to $130,000 [tending more towards 120k], followed by a 75% drop into the mid-to-lower 30k range.
Iâm intentionally not mentioning any datesâbecause, letâs be honest, Iâm just a regular trader, and my abilities arenât that developed to do this (yet)
Please consider I am NOT an expert, I am also still learning, like everyone elseđ
Spotted the mistake, analyzed what went wrong, and reanalyzed âïž
As you can see, #Bitcoin smashed through the Golden Pocket at 62.7k, and we also saw a Change of Character. I adjusted my analysis, but the outcome remains the same.
Expecting a nice double top around 68k, ultimately bringing us to 52k.
My short is safe with a liquidation level above 70k, and Iâm looking to short more at 68k.
First of all, can we take a moment to appreciate my scribble? đ Price is following it perfectly!
Price has been unable to break through the key resistance level. đ§ Open Interest (OI) is once again rising as we approach this resistance zone. đ Cumulative Volume Delta (CVD) is continuing its downward trend. đ»
#Bitcoin bulls and bears are currently locked in a battle within this marked Open Interest (OI) zone. âïž
The strong OI resistance has successfully pulled the price down, and now all eyes are on the support at the second purple line. If this level doesnât hold, we could be in for a significant drop. đ»
However, Iâm sticking to the idea that weâre hunting long liquidity, especially after the recent wipeout of short positions. đ Itâs a critical moment for the market, and the next moves will be decisive.
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Weâre closely following the recent movementsâ$SOL faced a rejection at the golden pocket, which was expected. Now, all eyes are on the 0.382 Fib level. đ If it holds, we could see some strength return to the market.
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However, the real concern lies with Bitcoin. If BTC canât maintain its position in the $60K range, we might witness a significant downturn for SOL. Stay vigilant, as this could lead to a sharp decline. â ïž
The next few moves will be crucial in determining the direction. Buckle up, as the ride could get bumpy. đą
XRP has been struggling to fill the Fair Value Gap (FVG) lately. đ Despite attempts, the golden pocket rejected the move into the FVG, signaling potential weakness. If this struggle continues, I might consider closing the short position to minimize risk and protect gains. âïž
Weâll be keeping a close eye on the price action in the coming sessions, as market conditions remain volatile. Patience and calculated decisions are key here. Letâs see how this plays out. đ
Spotted the mistake, analyzed what went wrong, and reanalyzed âïž
As you can see, #Bitcoin smashed through the Golden Pocket at 62.7k, and we also saw a Change of Character. I adjusted my analysis, but the outcome remains the same.
Expecting a nice double top around 68k, ultimately bringing us to 52k.
My short is safe with a liquidation level above 70k, and Iâm looking to short more at 68k.
Letâs dig into where Bitcoinâs new ATH could lie & when it might happenâïž
IMO, Bitcoin only has two options for a new all-time high, either the $80k area or the $90k area.
I personally lean more toward the $90k area. Why? Because it is a psychological level. To be more specific, I would even say maybe $98k because most people likely have their TP set there in anticipation of $100,000âthe big 6 digits. đ°
My top prediction is around $120,000 - $150,000. I know this is a big gap, but itâs really hard to predict the top. Iâd rather sell at $120,000 instead of waiting for $150,000 and it never comes. And of course, weâll see a big correction at the new ATH just like last time. How much? Probably, as usual, in the 25-35% range. But this time, I anticipate a shorter sideways move, maybe around 1 month. đ
Now, to get into the question of when I think it will happen: The real move up will start in mid-September in anticipation of rate cuts, and after the cuts, weâll see an explosive move to the upside (5%-10%). Finally, in Q4, weâll see the price go up with no stop in sight. đđ
It took me a long time to make this, please consider to like it and repost itđ
After spending 10 intense hours analyzing Bitcoinâs chartâyes, thatâs 600 minutes of non-stop number crunching, coffee-fueled calculations, and squinting at candlesticksâIâve reached an irrefutable conclusion. đđĄ
All indicators (and my gut feeling after the third espresso) point to one thing: Bitcoin is on a rocket ship to $1M by next week! đđ„
I even ran this through my super-secret algorithm (which totally didnât involve a Magic 8-Ball), and the results are crystal clear: bulls are taking over. đđȘ
So, if you havenât already, nowâs the time to strap inâbecause this ride is going straight to the moon⊠and beyond! đâš
As you may have seen in the comments of my last post, most people expect us to push higher into new ATHs already.
Just to clarify, Iâm not bearish on Bitcoin.
I believe that from mid-September to December (basically all of Q4), weâll see an up-only trendđ
But before weâll see a small down trend
Today, I came across a post from @IamZeroIka on X, which further suggests we could go lower. Zero pointed out that OI is reaching a danger zone at 180k, while funding rates remain positive.
Yesterdayâs impulsive move took out a big chunk of short liquidity.
BUT thereâs also significant liquidity in the 58k-54k range, so we may not even need to reach the 52k area to fill 50% of the wick.
However, a move to the downside seems inevitable before the up-only trend in Q4 đ.
Spotted the mistake, analyzed what went wrong, and reanalyzed âïž
As you can see, #Bitcoin smashed through the Golden Pocket at 62.7k, and we also saw a Change of Character. I adjusted my analysis, but the outcome remains the same.
Expecting a nice double top around 68k, ultimately bringing us to 52k.
My short is safe with a liquidation level above 70k, and Iâm looking to short more at 68k.
Spotted the mistake, analyzed what went wrong, and reanalyzed âïž
As you can see, #Bitcoin smashed through the Golden Pocket at 62.7k, and we also saw a Change of Character. I adjusted my analysis, but the outcome remains the same.
Expecting a nice double top around 68k, ultimately bringing us to 52k.
My short is safe with a liquidation level above 70k, and Iâm looking to short more at 68k.