rafevo
@t_rafevo
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rafevo
Looks like a rising wedge guys - I'm not a charting TA expert but would love to here your thoughts. Many bears keep posting a drop to $70K level.. I guess that drop is written in some prophecy somewhere, and they believe (or hope) it MUST happen, before we go for new ATH. Maybe so... however can anyone explain WHY that must play out like that? A couple of weeks back i was in that camp but after I see the slow and steady Bitcoin recovery, I have changed my mind.#BTCUSD #BTCUSDT
rafevo
Hi All,So just a thought and observation - let me know what you guys think. We have had 4 bouncesoff this bottom green support trend line since 2023. Each time BTC shoots back up for a solid run. Is the end near?Am I hoping for an end to this blood bath correction which just dipped into the 79K range. Is there more to come, the chart says we should be done - or damn near the end.Let me know your thoughts!!
rafevo
I'm no expert but this is what I think. Please share your thoughts if we can go for the next target up to $0.055 or so. Happy trading!
rafevo
Hey y’allI’m no expert but this looks like a bullish pennant pattern formation. If so, my hopium eyes state we should end consolidation in another week and start pumping into a Santa Rally towards a new x2 ATH. Fingers crossed🤞 Merry Christmas & Happy New Year everyone!
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