CR38TOR

Looking for the current weekly to test $1909 while maintaining daily closes above $1924. If we manage to do that, you want to see the price trend up and close the 4H above $1954, where you should look for shallow triggers at $1945. If we manage to do that, we should see the price push to $1995.

Food For Thought: BITCOIN 200-Week MA The 200-Week MA is a topic that has been circulating in CT, and I will give you my thoughts on it and what this could mean for $BTC. With the current levels, I have marked in my chart that $7,726 - $7,176 is the level you have to stay above for the monthly time frame. The box is your line in the sand for any future to be seen for Bitcoin. Any monthly close below these prices, Bitcoin will drastically fall to $1190. If we stay above this box, there is the possibility that Bitcoin is not dead, and we will see new all-time highs. Bitcoin has closed firmly below the 200-Week MA for the first time in 6 years after trading above it all this time. The only way for Bitcoin to be saved is if we get multiple weekly closes above the 200-Week MA. If we cannot do so, there is a high possibility that we will be in a bear market for five years or more until we get to my highlighted box. I am fully aware of Bitcoin and the purpose of the technology. The idea of Bitcoin dates back to 1871, through the Austrian School of economics described as a theory. But, you can not discount the fact that Bitcoin can fail. With any investment, there is a possibility it can fail. This scenario is what makes sense to me, and you should not ignore any possibility. Price is never random. "Nothing endures but change."

I provided a clear explanation on my chart. If you lose 44400 Bitcoin is done for. Be careful and be vigilant

Short is invalidated if we take out the C wave. This is going to dump and I think moonbois will eat a fat one

BTC giving me similar vibes to VERX (which I was trading back in November). It does not matter, though I'm just creating bias. It does look pretty damn similar. Either way, I will be shorting $43.8k

Watch for 37.9k, if we lose that we go to 31k. There are no buyers here for bitcoin as we consilidate at the low of the range for the a month or so. If this was so bullish we would have been at 100k by now. There is no support til 31k. Lose 31k and we will go to 19k.