Ve Market Forecast
Taken the high. Now I have to restart my count. This is all on the lower TF btw, I’m just trying to know what Bitcoin is doing.

Ve Market Forecast
My idea for the top of this move is beginning to look different from all the TA I see on x and I’m liking it. Send that thing to 87k (ultimately 😆). In the meantime, there’s still a chance for a retracement.
emphasis on “chance” because we aren’t certain of it yet. It’ll just be the ideal scenario. I explained more in this video.

https://youtu.be/9nrb16egX98?si=ttQ6pSvs4K9VVlAV

Ve Market Forecast
This is like the 1000th chart i’ve seen on x that looks like this. If you remember, this was our position as well and still is for the most part. However, It is why I’m super interested in the LTFs after this move up because We can’t all be right! Let’s see what new development we’ll have tmr.

Btw, just one.. more.. issue.. that might disturb my sleep tonight that I think should of course disturb yours as well 😂😂🤪😃

Ve Market Forecast
The rally is SPOT-driven!

Aside from the short squeeze, I suspect Iran learned its lesson when the US froze the stablecoins they were collecting as tolls at the Strait of Hormuz, and has now pivoted to Bitcoin amid the economic isolation the US wants to impose on them. Perhaps its partners, like China, are in on it as well.

Just in case you didn’t know.. the consensus is this:

Spot driven = Real money flowing in aka healthy.
In this case, price is being pushed up mainly by people actually buying and holding the real asset in the spot market.
It reflects genuine demand and accumulation.. so buyers are less likely to be forced out by liquidations.

Futures driven = more speculative with leverage.. aka unhealthy!
You know the rest 😃

Ve Market Forecast
To those shorting $btc as it holds this 1.618, thank you so much.. We don't know where else we'd get the fuel to move up 😂

I'll be diving into the lower TF in a moment to see what's going on there.

Oh.. sorry I didn’t post this here

https://youtu.be/4FKOdZyIXlw?si=R6Kqru0LAhNPywg4

There was a hidden bullish divergence on the 4H

Ve Market Forecast
Something to note on BTC:

It’s always dumped on its yearly open (see the “here” on the chart). In fact, the COVID crash came after that yearly open retest. Now, our yearly open is at 87,871.

Bitcoin has never taken its ATH in a bear market year. So, historically speaking, the chances of Bitcoin surpassing its ATH this year are extremely low. However, this is a changing asset, so we can’t be too certain.

i know the chart looks messy (my apologies) but it's my historical chart.. I can't remove the lines and stuff as it took me a lot of time to set it up.

Ve Market Forecast
BTC is still above the 1618 and it's holding it as support here on the daily but we will be diving into the lower TFs in a moment.