#BTC 1W 2019 v 2023 comparison

- Same Echo Bubble.
- Same Breakout Candle.
- Same 147 days of uptrend until MACD crossed bearish.

Probably nothing

In 2019 #BTC rallied 360% and this year we have seen a rally of just 100%. Why? 👇

In 2019 #BTC’s Market Cap was around $70B at the bottom.

In January 2023 #BTC’s Market Cap was $330B.

Feel the difference?

💡 As an asset gets heavier, more capital is required to move it (diminishing returns). This is why I think we didn't get the same +360% pump, only +100%

Very important 3 days 👀

Painful breakout on the $BTC Dominance 😓

Yes, there’s a potential bear div, but it’s not confirmed yet so nothing to talk about

Nice! CPI is lower than expected

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⚡️Federal Reserve keeps interest rates unchanged

Good, but no surprise here

#BTC just dipped below 25k 😎

Thanks for playing 🤝

#BTC 1W update

A Dip into the $24-25k area - done ✅

This Key S/R level will hold IMO! I’m expecting a good bounce from it 📈

#BTC 1D chart

My expectations for the next few months👇

I still think the Key Support will hold for now and we’ll see a Relief Rally (Bull Trap) this summer

💭 Eventually the Support will break and #BTC will most likely drop below its March low

⚡️ $10 trillion BlackRock officially files for spot #Bitcoin ETF

Good news. Maybe by 2025 the SEC will approve it lol 😂

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So are we bouncing as expected?

Of course we are 😎🤝
+8% so far

#BTC 1W

One more #Bitcoin ETF application

This time Bitwise refiles for Bitcoin spot ETF following BlackRock

Are we back in 2018 or what? 😂

#BTC 1W
So, we have a whole weekly candle open & close below the MA200 😬🚩

However, I like the shape of the candle (bullish Hammer) and the fact that #BTC held the EMA21, but what we can get is just a bounce imo

There’s a nice Falling Wedge which should breakout soon. Target on the chart 🎯

$XRP Macro Chart

Striking resemblance between the current and previous cycles

I think $XRP will lose its main Support line like it did back in 2019 📉

🎯 Downside target is $0.22 (conservative)

There we go! 📈

#BTC broke out as expected 😎

#BTC reached my target just perfectly! 🎯 👌

Enjoy!

#BTC 1W update

Strong Bounce - done ✅ 😉

Let’s see if we get rejected here

This is the initial post ☝️

Back in May I predicted the dip into the 24-25k area and a Strong Bounce we’re having right now 😎

For now there's no bearish confirmation, so I'm in no rush to go short. I need to see a bearish confirmation first

#Bitcoin is up 20% from the local low so far but we haven’t seen large short liquidations yet 👀

I bet we’ll see the blood if $BTC breaks $31k

🩸 There’s a lot of liquidity between $31-35k

Perhaps a bigger Short Squeeze is yet to come, so stay cautious & don’t do stupid things