$BTC.
Trend Formation: The trend is forming a CHoCH (Change of Character) on the weekly time frame.
Fibonacci Retracement: A pullback has occurred, hitting the 0.618 golden ratio.
Current Phase: We are currently in the final pullback stage toward the lower high target.
Critical Area Range: Key levels to follow:
4.a SHORT at $80,000 – $85,000: This is the premium level for opening short positions.
4.b First Target: $60,000.
4.c Second Target: $30,000.
Market Sentiment: As the price climbs toward $74,000, $80,000, and $85,000, market euphoria will kick in, and retail traders will align with the "Bull Market is back" narrative. When that happens, the "market makers" (directors) will do the exact opposite.
Historical Accuracy: This analysis is based on the patterns observed in 2022, which were successfully predicted with over 70% accuracy.
Closing Philosophy: The crypto market is a den of thieves; if you enter a room full of robbers, you must be prepared to be the best robber in the room.
Trend Formation: The trend is forming a CHoCH (Change of Character) on the weekly time frame.
Fibonacci Retracement: A pullback has occurred, hitting the 0.618 golden ratio.
Current Phase: We are currently in the final pullback stage toward the lower high target.
Critical Area Range: Key levels to follow:
4.a SHORT at $80,000 – $85,000: This is the premium level for opening short positions.
4.b First Target: $60,000.
4.c Second Target: $30,000.
Market Sentiment: As the price climbs toward $74,000, $80,000, and $85,000, market euphoria will kick in, and retail traders will align with the "Bull Market is back" narrative. When that happens, the "market makers" (directors) will do the exact opposite.
Historical Accuracy: This analysis is based on the patterns observed in 2022, which were successfully predicted with over 70% accuracy.
Closing Philosophy: The crypto market is a den of thieves; if you enter a room full of robbers, you must be prepared to be the best robber in the room.