CryptoFuze

I went long from the gray rectangle twice since this post and buyer volume has been weak in the daily and weekly tf. Bitcoin needs to take out highs at 106k area or it will keep going down. Filling the imbalances left behind by trump pump on Nov 4th would not be a bad thing if it ever happens. I'm bullish as long as we don't lose that consolidation area from 74k area

Currently, it looks like the current january technicals are lining up to the january 2024 technicals. There was a 20 percent correction before the pump.This aligns with my previous analysis that we will have a needed correction before next move up. We still haven't has a 20% correction since the manipilation of the trump pump from nov 4th

Short then long to keep uptrend and continuation. Support areas are outlined on chart

Im already in trade and this is what I could see happening for uptrend to continue to at least return test previous ath at 105k to 108k. I couldn't resist the short, but I will long D her again from support areas

Is this a supply zone that could be an upwards pullback to keep down trend to lower targets for a correction into Q1 before bull market continuation?

Current bitcoin price is about 20% away from the weekly trendline (yellow) which also coincidences with the bitcoin weekly breakout. Just using the basics of support, resistance and trendlines, if bitcoin loses the current daily support at the gray mitigation block, we can see where the price action woul take us. I believe there will be a bounce to attempt 100k to 104k before the trendline is reached. Keyword, if... I have navigated thi bull market with 100% accuracy and evidence of this is on my youtube. My telegram is Only1CryptoFuze Youtube channel: CryptoFuze Hey, I don't sell anything, just share trading ideas, scenarios, and solid technical analysis. Even after that Trump-fueled BTC pump, I guided folks who were lost to the right trades, leading us to the top. I also predicted the price correction to the 50k range back in march. I didn't just predict, I actually took the trades and posted my entries on my youtube channel. If you want to know how I will navigate this current market, send me a message on telegram or comment on my youtube

Crash talk🫠 Talk of manipulation and fake outs should have been anticipated weeks ago. Markets refusing to react appropriately after consecutive weeks of high cpi readings and then a super hawkish Jerome Powell speech was crazy work. Bitcoin is still in bull territory for this consolidation range. 🫠 Many are calling crash already, lol. A 20% correction would be at 86k which is where the bottom of the consolidation is at on daily timeframe. That wouldn't even be considered a crash as 20% is normal for btc in bull environments.Areas of interets: Bullish mitigation block (the gray rectangle).Vwap: (green)Anchored below the Nov. 5th trump pump candle which is being tested50 ema: (dark blue ema) being tested for first time on daily time frame💡I also anchored a volume profile at the Nov. 5th trump pump and value area low also coincidences with the areas of interest.💡Daily stochastic is oversold riding the floor and the daily rsi is below 50 with chance of making bullish divergences with prior lows

Comparing the past 2 bitcoin pumps which were the "Q4 2023 pump" and also the beginning of this year's "ETF hype pump" on the daily timeframe, the rsi trended in overbought for about 1 month each time which led to explosive price action. We are here... I wouldn't want to miss this. FOMO BROMO! 🖨

Bitcoin is approaching first key level of pullback at 37,9k which represents middle bias of bollinger band. I expect a bounce from this area. If rejected anywhere below 46k again, lower key levels will be tested. The area between the 50/200 emas which also has the golden ratio fib level on weekly tf pullback area.

By using technical analysis alone on monthly time frame, this lower high and lower low would need to be invalidated for btc not to spiral down this parallel channel into nothingness. Double bottom support with a wick to 12k for launch of btc into new ath?