BTC Panic Phase

16 May 2023

27,8k was rejected and 27,5k was a strong resistance.

Looks like we going down to 24k... 20k.

An idea about incoming panic phase.

Wouldn't be surprised if we hit 10-12k to be honest.

Don't underestimate the drop power of this market.

Good luck.

17 May 2023

Not

Very close to weekly MA200.
If we break it down bulls will be quite scared.

17 May 2023

Not

Closer look on the daily chart you can see the MA100 in soft blue.
When this MA turns down, historically since birth, BTC drops everytime 15 to 50% .

18 May 2023

Not

Looks like a bear flag

19 May 2023

Not

85% drop from the top would be a quite normal % for a BTC bear market.

24 May 2023

Not

Bear flag confirmed.

26 May 2023

Not

Looks like another bear flag forming very similar to the previous above.

26 May 2023

Not

Bear flag update

31 May 2023

Not

We might not go so low as predicted but 26-25k is still a possibility.

Ma50 seems to be turning to the upside and pretending to finally cross the MA200 putting an end to the bear market.

1 Haz 2023

Not

Crucial moment.
MACD crossed.
Bearish move.

2 Haz 2023

Not

Update:

5 Haz 2023

Not

We broke down the bear flag as predicted.

10 Haz 2023

Not

This TA initial idea of an huge Head and Shoulder starting to take shape.

15 Haz 2023

Not

We are touching the 24k.

Getting closer to MA200 daily as expected. It should be around 23,7k .

A strong bounce may happen in this area.