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BITCOIN: 🎉New Year > 💫New Cicle > 💰New PUMP?
Here my TA👨💻
My Opinion: In the last few days
BTC has shown us to be strong, the year seems to have started on the right foot!
📊
But what will happen now?I am currently considering two 2 options:
-
Falling wedge [80%]: in case the wedge has already been broken at
$7,500 with this price movement, then we can expect a strong pump (or a possible downward channel), if instead the resistance of the wedge has been touched at
$8470 then it is possible that the price makes a small correction (no more than $ 8k) and then breaks the pattern vigorously or goes down (due to the
Stoch RSI that seems to be ready to go down along with the price) still forming a new low on the
MA 200 of the Weekly TF but it is
very unlikely.
-
Downward channel [20%]: In case the price should reach $9k and find resistance, it is possible that the price may drop again if it enters the
Ichimoku cloud, if this were not the case the falling wedge would be confirmed with upcoming
pump!
Conclusion: I'm very positive, I think the price will go back to between $ 10-14k by May no matter what happens now. 🤑
As for the red Ichimoku cloud on the 1D TF I don't think the price will stay in long so within 2-3 days I expect the price to reach $ 8.8k or go back to $ 7.9k again.
The important thing is to have a plan and always follow it to the end! because in tradig the roads are always two: Up or Down / 50 - 50Good Luck
𝓜𝓪𝓻𝓬𝓴𝓿𝓼 𝓡. 𝓐𝓬𝓴𝓮𝓻𝓶𝓪𝓷𝓷