IMPORTANT For Followers (BTC Charts + Recap + ITS THE 19TH!)
Good morning everyone, I hope you are doing well today in the market. I have another article to get out by MOC so I want to quickly make a recap about the Bitcoin charts.
I am not sure if you remember, but in this article
(I highly recommend you read that article)
I talked indepth about:
Bitcoin Charts
Bitcoin Levels
Bitcoin Sentiment
WatcherGuru's Bitcoin Halving Tracker
Historical Candles For The Halving
How the Bitcoin played out before and after previous halvings
Why the halving is the MOST BULLISH event for Bitcoin ever in the long term
And much more.
I have to give myself some credit! I have been unusually spot on with my Bitcoin charts since I started charting in depth Cryptomarkets in January.
Take a look at what I mentioned leading up to the "Bitcoin Halving"
Look where we are now
Halving Tracker:
WatcherGuru is estimating that in the next 10-11 hours the halving will occur. 10-11 hours from now is 8PM - 9PM NYC.
I have added a marker to the charts.
Also, it is worth mentioning that cryptomarkets refresh the charts at 7PM, which is highly COINcidental.
There is normal volume on the day, but the candles aren't adding up. The volume is stacked to the sell side, but we are seeing buyers step in eventhough the volume candles aren't printing.
The level 2 shows us a different pattern though. Lots of sparatic sellers, but stable buyers.
I will be watching the charts closely on Bitcoin, but for now it looks sellish. Remember, according to the charts, the next larger upside occurs 2/3 of the time after 100 days and 100% of the time after 300+ days.
I am going to try to buy the dip at the best possible time.
If I buy, I will only let the followers no. There will be no tags, similar to this post.
Bitcoin Weekly
Our levels have been 95% accurate. Remarkable actually. I am looking to continue this with the halving and finding the best time to buy. I will post more charts later.
If you want all my TradingView charts, like this post! We still haven't reached 50 likes yet and once we do I will make my charts public for all to use and reference. I constantly make updates so if you want the charts drop a like!
Thank you for reading
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