Technical analysis by Sinsuci about Symbol BTC: Buy recommendation (4/18/2024)

Sinsuci
[BTC] Send it

Sharing my cheatcode to time markets cycle : BTC has always underperformed the inflation since 2017We've seen a monthly close above it's main resistance + adoption is growing exponentially, this cycle should send BTC to ~240kYesterday (17/04) the RSI timed a cycle top BUUUUUUT got canceled this morningIf the RSI top signal come back and close =! 100 this month we should be fucked for 2024 even tho macro looks good for BTCSend itBad news, monthly close with RSI != 100, bearishHoping that it does like in january 2023 and it's just a partial signalStill feeling bullOn lower UT it seems we've bottomedPretty bull div weekly, looks powerfulRSI back to 100 (but didn't close), last close was a huge bait but ok since the signal didn't appear in weekly (but less reliable)Send itI seems that USDT.D is looking for a weekly close or a retest on the EMA 200, should be the top since there is a consensus with a bear divFor the BTC we're doing a retest on the previous support, the PA looks shitty on this TF but w/e, still bull unless we dont close under this supportAnother top signal monthly but nothing weeklyThe next support is 48k but I doubt we go there, more likely to see 68k beforeMarket is accepting the price, BTCUSD printing bull div to bull div, looking goodStupid double dildo, won't look at this indicator until new high, too early to considerHappy hypercycle to everyone that survived this range BTC SOL DOGE master race No more social media, only graph until ~february or ~140kTOTAL did a great retest and USDT.D aswell Correction appeared earlier than expected thus DOGE crushed me Anyway, bought that dip, not selling until 1$ at least (gay target)