DoYouMine

Looking like a good short term swing trade. Looks like a completed ABCD pattern. Looks like it’s breaking trend lines. A good trend reversal pattern after the wedge. With FIB 50% as the neckline for rising wedge. Symmetrical triangle. I’m looking for it to reverse to the 200ma on 4hr chart$2200 likely$2700 potentially Long term trend reversal possible.

It’s looking like a distribution Wyckoff with the spring.$77500 looks possible

Standard ABCD pattern looks promising..786 1.618

If you are in the crowd that thinks USD has reached a top. Think about starting to cost average into BTC. Many people tend a point to the idea, “more USD in circulation the higher BTC price is.” While this is part of the case I suggest looking at it as “higher the value of USD then lower the value of BTC.”

Just sharing. I’m buying here as this should be entering the bottom portion of a new sideways channel Cheers!

Here is a long term outlook on BTC price potential. 2 days and we close out a bullish candle on the month chart. With 3 days left in the week we could see a spike in volatility on May 1.I wouldn’t be surprised if “big events” happen on that day to support such a move. None the less, if we are at the bottom of a channel without dropping volume we could easily see $60k and at that point $70k $72k seems likely.

This is what I’m doing. Pretty simple and straightforward. Tell me what you think.