#BTC keeps holding the MA50 on the weekly

Moreover, there’s a potential Hidden Bullish Divergence 👀

Not confirmed yet, but it can bounce the price to a new ATH in the mid term 📈

S&P500 V-shape recovery 🔥

I like it. This is positive for the crypto market

The stock market (S&P500) & #BTC have always been correlated

Sometimes we see a divergence between them but eventually one asset catches up with the other

S&P500 has fully recovered. #BTC should catch up in a while 📈

Historically speaking, the third week of December has always been truly remarkable 🧐

17 Dec 2017 - Bull Run Top
15 Dec 2018 - Bear Market Low
18 Dec 2019 - Mini Bear Market Low
16 Dec 2020 - All-Time High Breakout

Since we are not in price discovery right now, I think we can expect the final low to come this week
(I’m talking about the lowest daily close since the Dec 4th crash)

Nice

My short term #BTC target got hit 🎯

Now waiting for the FOMC meeting tomorrow. Looks like the market has priced it in but we’ll see

The last time retail bought the #BTC dip this hard was at the bottom of the COVID crash 👀

Probably nothing 😌


💡 True bear markets happen not from sellers but when we are out of buyers. This is why macro tops are highly volatile (buy side liquidity drops away)

LMAO CoinMarketCap is having fun

I like those prices by the way 🚀🤝😂

⚡️JUST IN: US Senate passes debt limit increase by $2.5 trillion

No surprise

This was a WILD $NEAR PUMP 🔥🚀

Tricky it was a wick but all my sell orders triggered

Second target ($16) hit 🎯😎

Congratulations to those who followed!

#BTC $BTC

This is literally the same structure

Will the FOMC meeting surprise the bears today?


Stay cautious anyway

Looks like $LPT has broken out of a falling wedge

MA200 & 0.618 Fib did a good job 📈

🎯 Targets are on the chart

#BTC looks bullish

Bears didn’t manage to push the price down and break the MA200

There’s a decent Regular Bullish Divergence on the MFI & a huge Hidden Bullish Divergence

I wouldn’t try to short #BTC here 🚫

Late shorts are gonna get rekt IMO

$CELO has always been a great buy at the bottom of this Huge Upward Channel 😏📈

By the way, $CELO is a very solid project

Since the market is boring, let’s take this idea a little further

As I said, the 3rd week of December has always been important for #BTC

I noticed an interesting sequence

17-18
15-16
18-19?

Interestingly, December 19 is the next full Moon (which statistically is a bullish event for the price)

🤔

All Eyes on $CRV 👀

Trying to break out of a 440-Day Accumulation 📈

So who’s been selling #BTC this whole time since the $69K top? 🤔

The data shows that huge selling pressure comes from China. Why?

📍December is the deadline for exchanges to close their existing users’ accounts in mainland China

I know many people in China who have had to sell their crypto holdings as the deadline for closure of exchanges is the end of this month

Meanwhile, US and EU keep buying 😏

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🔥Don’t miss this opportunity! It’s basically free money

$IOI is sitting at the bottom of this Upward Channel which has been a good place to buy historically

Still holding a bullish momentum

T1 is $3.8
T2 is $7.5


📍KuCoin, Huobi, Gate, Pancakeswap, UniSwap

Boom! 💥

$IOI pumps a few hours after my analysis 🚀😎

+23% profit gained so far

#BTC update

From my perspective, we should’ve already bounced by this time

Instead we got 3 consecutive daily closes below the MA200 with a failed attempt to regain it. This is definitely not looking good

Somehow this price action reminds me of early September. Same creeping below MA200

Funding is neutral right now

Not saying we’re gonna crash from here, but a wick down to $41-43K and a big bounce following wouldn’t surprise me at all

⚠️ Stay very cautious