It is about reading the price pattern and the result of the indicators
I will only share with you what the result of the analysis shows. + other crypto coin analysis.
rsi has been in a green position for a long time, red is not far, considering the rhythm of rsi history (point b and the crypto market is green)
point c is bloodshed.



This could be wrong. MD
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it started to rise 3.8%, and if it continues the rhythm, it will never fall below that
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predicting 100k for bitcoin this year is naive considering this analysis
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point b (x% pump) can give the impression that it is pumping strongly in the bitcoin price pattern (when point b is at the top), but point C and bloodshed in crypto?
I predict btc 40k at the end of 2024(and january 2025?) but there can be an increase in september and october. perfect pattern to fool all traders
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if btc drops a bit below 49k(usdt.d 6.7%), an increase from there (usdt.d fall) is very likely. But it must be taken into account that this is point b.

Why point b? because ELLIOT WAVE 2.0 AND MARKET PSYCHOLOGY

usdt.d rsi7 can be yellow/green in September but it is maximum(it has already taken an extremely long time). btc may be green in october.

The macd indicator with my personal settings is crossing risk!! after the crossing, resistance movement (btc green) + gives a supporting assumption that the rise of usdt.d is not finished
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Analysis closed!!
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