BINANCE:BTCUSDT的Decided fall, bitcoin's choice makes me curious由SSaddo_D提供

btc usdt

What is Bitcoin's choice to determine the future?

Can btc continue the rising trend?

or

was it just hope torture?

There is a possibility that a red curve will appear, but I think it is small.

The volume of the bound in the yellow box can predict the future.

Be careful this bull trap.
This is feasible.

Even if this bull trap comes out, it will be hard to raise more than 24.6k.
So we need to expand the stoploss

i think that the yellow line is the normal route.

A lot of volume came out of the spring for the drop.
Bitcoin may have to check the spring again.
Like a yellow line.

If a large amount of trading volume is captured and breaks through, Bitcoin can start a new wave. like this pitchfork

In the five-minute candle, it can be seen that the selling trend is definitely stronger than buying.

will bitcoin be successful in spring with decreased volume?

possibility

If this spring succeeds and continues its upward trend, the target is 34k

choice time
a.34k
b.17k

i think that Whether the spring succeeds or fails, the most important thing is the volume in the blue box at the top and bottom.

blue or yellow?

I think that The failure to break through in the $20800 box will be a moment when everyone realizes that the first wave is not yet the start.
So there could be a sharp drop in prices and a dead cat bounce. like this

It's time to think about why trading volume increased at TP of four waves and why even the problem of ftx stopped falling at tp of WXYwaves.

it is possible too

I think Bitcoin is now in the process of a 5 to 0 pattern and expects to get a 50% return.
and If the price falls below $20817, and five waves start at $20170 then the five wave is very likely to be truncation.
and the price will drop sharply to the white box.

If the price falls below $20170, it will be Doomsday.

Supply in SOW has been confirmed.
Between 20170 and 20,800, 50% of the short positions are planned to sell,
and if the supply does not decrease, the short position will be maintained.

I thought a lot about whether it was appropriate for LPSY to be confirmed under 25.8K.
that is not attractive.
After the 5 wave is completed, the price is expected to bounce once more from the white box to at least 31k.

And then we'll realize.
there is always an underground cave where we think it's the bottom(15k),
and when we get out of there, we'll see a beautiful light that we've never experienced before.

forth- waves finished?

The time of five waves is too short for the first wave and the third wave. So I'm considering a re-rise, and I expect an increase in either the red line or the shark pattern.