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Technical analysis by play_with_the_whales about Symbol BTC on 1/14/2024

https://sahmeto.com/message/3340831
play_with_the_whales
play_with_the_whales
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“History doesn't repeat itself, but It often rhymes.” (Mark Twain)IF this is the top, BTC perfectly hit the 0.618 fibonacci level again and if this is not immediately triggering a déjà-vu you probably simply weren't around back then ;)As mentioned in my previous update already I still think that Blackrock and co. will drive the price down to allow their customers cheaper entries, using the halving narrative from there into the next bullrun 2024/25. If it plays out that way and BTC will touch the lower longterm channel trendline be fast, I expect a rocket bounce around 30k, maybe with wicks below if some negative news event timely kicks in.Let me know what you think in the comments, thanks a lot for your time.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$42,879.82
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