BTC-HONDA

I honestly hate to say it but BTC looks like its about to breakdown to 66k. Looks like a symmetrical triangle on declining volume almost ready to move. The Trump Tariffs are the culprit of course and tomorrow 10 percent tariffs will hit across the board. On the 9th, heavier tariffs will hit. Price action will be determined by these regulations. I hope that a lot of countries renegotiate them and actually turn these things into bullish news but I'm very doubtful. I think its more likely that these hit and take us lower. Stay vigilantWe are also making a consolidation below resistance which doesn't look great. I would be super grateful to be wrong but this chart does not look good

BTC: My views have not changed and I am still extremely bullish to 90k-100k On the monthly chart, we have been consolidating for months on declining volume. It looks like a symmetrical triangle getting read for 90k-100k This pattern looks very good and falls within our break out time frame range in the coming weeks/monthsAll we've been doing is grinding side ways squeezing out weak hands. Making people bored. Make people lose interest. The breakout is coming. THe most recent candle being bought up looks good as well.With the political situation in the USA, it may very well be the case Trump gets re-elected. If so, it's important to note he's becoming very pro crypto, his VP is very pro-crypto, and he tapped Jamie Dimon(Unconfirmed if he said yes) for his cabinet which is extremely pro-Crypto. It all seems to be lining up for a nice bull marketWe nailed our target

We were watching a falling wedge on declining volume and anticipating a move to 66.5k. We got the breakout, had a nice spike in buy volume, made a uptrend high, and got to 65k. It was looking really good actually until it got rug pulled. This invalidated the setup and I don't see a new setup atm. I've been watching all this as a massive consolidation for continuation to 90k. I was expecting some long drawn out sideways price action for another 7-12 weeks before the bull market started but it seems we are dumping first. Its fair to say this massive pattern is breaking down instead of continuing. The target for this breakdown is 50k. We may bounce a litttle earlier than that but thats the target for now. From there, I am going to look for a massive bounce and some consolidations before actually starting the bull market and heading to 90kWe dumped with the stock marketHere are the time frames for the beginning of each Halvening. After each one, it took 7-14 weeks after for the uptrend to begin. We are only a couple of weeks out from the this years halvening so we have another 7-12 weeks from the true beginning. We are looking between July and August before it begins

No change from my last update. Weekend was boring but the falling wedge consolidation has been tightening really nicely on declining volume. I am still looking for 66.5k from this setup when it breakout today or tomorrow. I will re-evaluate on a failure to the downisde

The last update I mentioned a minor consolidation I was anticipating to break up. It broke down and took us towards the 62k level. However, It seems like this breakdown is forming a new falling wedge pattern on declining volume for the weekend. I expect it to be relatively boring with a little more downside before we bounce back to 66.5k

We are consolidating around the bottom of this patterns bottom trend line. Seems like we are getting support for a bounce soon back towards the top of the pattern. Nothing has changed for me on the big picture. I am still looking for 90k over the coming months

The rising wedge on BTC broke down on a spike in sell volume and has hit very close to our target(63k) at 63.5k. We can still go a little lower but most of this move has played out and I am going to start looking for the next consolidation

The falling wedge from the previous update has been playing out but at a weak pace. It's been taking longer than anticipated. The sell off we got right before the breakout took a lot of steam from the move and made 25.k a difficult level to beat. We've gotten pretty close to the low end of the target(67.7k) now but we seem to be making a new consolidation on the way up. It looks like a rising wedge on declining volume. It can take us to 63k before forming a new consolidation. If this breaks UP, we will hit the 69k level but for now I'm leaning towards a pull back.

No change from last update. I am still watching BTC in a falling wedge on declining volume looking to rebound back to 67.7k and up to 69k possible. The sell off we were expecting was slightly deeper than anticipated but it hasn't invalidated the structure. We are currently making a minor consolidation at the bottom of the pattern on declining volume. I think we either start the rebound from there or continue sideways longer before rebounding. Will re-0evaluate if any invalidation occurs

I haven't changed my opinion much and am expecting us to recover from here up to 67.k or up to 69k from this falling wedge on declining volume.