Good day fellow traders!
If your way of Technical Analysis is strong...
Then the path will show its way...
(*Asian sound effects*)
Summary:
Apparently short term bulls won the most recent short term pattern battle. However after reaching 29K region the bears are currently prevailing. Although for how long? I reckon it's going retest the strength of the bulls(support) at the 27K region. If it does break through, this might be the sign for the inevitable correction. I don't see BTC crashing anymore at this point. Yes of course we will see dips or corrections. EMI 2 is currently showing a bearish divergence. But the money flow is still high and its velocity keeps increasing. Hence the reason I believe we might see more side ways movements. But in the end it will continue its bullish trend. If history repeats itself, towards our target of 250K-260K USD region! We've reached our target from a year ago. How crazy can it be reaching this unimaginable target in 2021??!! Read my previous TA on BTCUSD you will discover it's not that crazy.
Note for 2021:
For the new traders who don't know me yet. I'll do a quick introduction first thing I do in the next year! Watch and learn how I analyse (mostly crypto) markets technically. You won't have to gamble ever again. I have been quite successful with this style and techniques that I have acquired and been developing over the years. A reminder, once you've publish something on TradingView after 15min. it becomes unchangeable.
For the ones who have been following my last year's TA's. We've been analyzing the Alpha pattern for a year and a bit longer. I am sincerely hoping you guys made it to "The End Game", hence becoming wealthy. However it's not over yet, be brave!!! 250K and beyond is on the horizon. Once bitcoin gets the exposure as it deserves, "sky is the limit". Another thing, yes, I was one of the lucky ones who have bought HEX at start and made lot of money. Cashed some out, re-staked most of it again in parts after "the big pay day" :D. Not sure why people called or call it a scam. In my opinion, this altcoin could be bitcoin 2.0.
Happy new year everybody may the trend gods be with you!
If your way of Technical Analysis is strong...
Then the path will show its way...
(*Asian sound effects*)
Summary:
Apparently short term bulls won the most recent short term pattern battle. However after reaching 29K region the bears are currently prevailing. Although for how long? I reckon it's going retest the strength of the bulls(support) at the 27K region. If it does break through, this might be the sign for the inevitable correction. I don't see BTC crashing anymore at this point. Yes of course we will see dips or corrections. EMI 2 is currently showing a bearish divergence. But the money flow is still high and its velocity keeps increasing. Hence the reason I believe we might see more side ways movements. But in the end it will continue its bullish trend. If history repeats itself, towards our target of 250K-260K USD region! We've reached our target from a year ago. How crazy can it be reaching this unimaginable target in 2021??!! Read my previous TA on BTCUSD you will discover it's not that crazy.
Note for 2021:
For the new traders who don't know me yet. I'll do a quick introduction first thing I do in the next year! Watch and learn how I analyse (mostly crypto) markets technically. You won't have to gamble ever again. I have been quite successful with this style and techniques that I have acquired and been developing over the years. A reminder, once you've publish something on TradingView after 15min. it becomes unchangeable.
For the ones who have been following my last year's TA's. We've been analyzing the Alpha pattern for a year and a bit longer. I am sincerely hoping you guys made it to "The End Game", hence becoming wealthy. However it's not over yet, be brave!!! 250K and beyond is on the horizon. Once bitcoin gets the exposure as it deserves, "sky is the limit". Another thing, yes, I was one of the lucky ones who have bought HEX at start and made lot of money. Cashed some out, re-staked most of it again in parts after "the big pay day" :D. Not sure why people called or call it a scam. In my opinion, this altcoin could be bitcoin 2.0.
Happy new year everybody may the trend gods be with you!
