NorseCryptoViking

Guys, take a look at BTC on the monthly chart. It’s interesting—if you look at previous cycles, when the monthly RSI was at the same level as it is now, we weren’t even close to a cycle top. (I'm using BITSTAMP for this since it gives the clearest view of historical price action.) From what I can see, the cycle top will probably land somewhere around RSI 90–95 on the monthly. If we take a more cautious approach, maybe in the 90–92 range. (Of course, this is based on historical price action, and as we've discussed, this cycle could play out differently. Still, I think it's reasonable to expect at least some repeating patterns. And obviously, RSI alone isn’t something we can fully rely on.)

Bitcoin is currently in a bull flag. Will it hold — or collapse? The weekly close will decide. 🔹 If BTC closes above the bull flag support: Possible continuation of the rally. 🔻 If BTC closes below the flag: Expect a deeper correction. Stay sharp. The weekly close is key IMO. No FA. DYOR! For educational purpose only.

Since May 12–17, PEPE has been forming a Falling Wedge pattern on the chart—a classic bullish reversal structure. Based on previous technical signals and pattern recognition, this setup often precedes a breakout to the upside, potentially pushing price towards a new all-time high (ATH) or levels approaching it.Here is my takeA similar price structure was observed leading up to the breakout between November 7–14, 2024, when PEPE surged to a new ATH. The current consolidation phase closely mirrors the pre-breakout behavior seen during that period, including volume contraction, narrowing volatility, and resistance retests.Given this setup, there is a strong likelihood of an imminent bullish breakout, with price likely to establish new higher ranges. Confirmation of breakout would be a sustained move above the wedge resistance, ideally supported by increasing volume.ConclusionPEPE is currently consolidating within a bullish continuation pattern. If market conditions remain favorable and the breakout confirms, we could see a significant upward move in the short to medium term.Are you ready for the breakout?

If Bitcoin can make a montly close above previous resistance at $102 200 - which seems pretty promising - and then retest that as a support, I think we are on a good path.Bitcoin also need to retest that level as support, and breakout is confirmed.So, to confirm a breakout we must:1. Monthly close above $102 2002. Retest that new support minimum one time3.Breakout is confirmed, Goblin town is behind us!