What's next for Bitcoin?

已更新

Bitcoin weekly

Watching .618 retrace support @ 40k

bounce zone 40-44k acted as strong support, but only touch and go - no confirmation / test. Weekly downtrend indicated further consolidation needed at this level for resolution.

Current resistance 50-54k

Weekly squeeze momentum indicating additional downside / consolidation period possible next several weeks - also correlated to global markets momentum

RSI and Money flow rounding but still downward trend

Daily price action chop - watch overhead resistance and weekly confirmation of support / resistance flip at 54k for signal of trend reversal.

Short term - neutral

Long term - NUCLEAR BULLISH :D

Appreciate all support and comments!

注释

Dont worry, nobody else paid attention either!

Patience is a skill.

We are not going anywhere.

注释

all going to plan now if 40k holds and we get our ETH re-trace holding 3k hopefully we can continue the upward trend for the remainder of 2022. good luck!