比特币

A VERY Bullish sign for Bitcoin but with a possible Warning

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A Very simple Bitcoin Daily chart


Obviously, the eye is drwan to the Arrow pointing towards March / April 2025 when Bitcoin PA printed a W patter, or a double bottom.
The Vertical lines show the measured move higher that was executed perfectly.

The question we have right now is, have we just printed another W pattern, with a Measured Move higher to 142K usd

Or Have we just printed a Double TOP with a measured move LOWER to around 88K usd

4 days ago I posted the Monthly Charts and mentioned that we may start October with a Drop, that may last till around 12 - 15 October.

Untill this measured move plays out, I stand by this But I am obviously also open to this not happening.

What ever happens, I have learnt over the years to be ready for BOTH sides of the coin.
I DO have a BUY SPOT order placed for Bitcoin at 92K
IF we get down there,,IF,,,,,It may well be thelast time we get the chance to Buy Bitcoin under 100K

Time will tell

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