Two weeks have passed since the publication of our previous digest "Weekend Cue Ball" # 12
And here's howthe idea worked:
In the area of the then high of $ 61700-61800, we warned of the possible beginning of the formation of a global GUI reversal pattern.
The fall was -18.50% in the BTCUSD pair
Altcoins behaved differently: some fell rapidly, while others managed to make X's while growing.
This introductory information forces us to consider a different scenario in the near future, since the decline in BTC was relatively weak, and the alts were moving on their own.
The oxygen and fuel for independent movement of the alts was provided by the dominance of BTC, which cannot fall down from the 3-year channel. But the dominance did not grow, the altos thanked them for that)
Regarding the future price movement of BTCUSDT, we can assume that the price will move in a consolidation triangle within 1-1.5 months.
We will describe exactly where the shot from the triangle will be in our new ideas and so as not to miss it: subscribe to us and write comments and then you will always receive notifications.
So, what seems most realistic to us now is that the price of BTC will rise to the liquid zone of $57,300-$58,500 in the coming days, but miracles can begin from there:
1.A breakout and consolidation above this trading zone will first provoke an update of the maximum, and then a movement of the Bitcoin rate to the next goal of $72,000, which, by the way, many participants want to see in the vast tradingview space.
2. Smooth price decline within the theoretical consolidation triangle with a lower border in the region of $45,500.
3.The most pessimistic forecast is a sharp drop in the price of BTCUSD to $45,500 as early as this month. This scenario is beneficial to market participants who want to give a clear signal for a market reversal and then they will be able to form a GRAVESTONE DOJI on the monthly timeframe.
It may turn out to be some kind of April 1 joke.
If you are interested, you can read more about working out this pattern on the Internet.
We practically don't read the fundamental news background, there is a lot of garbage there, let's even say that 90 +% of crypto news is manipulative garbage that takes money from newcomers to the cryptorink.
“Market guys” pay millions to all sorts of publications for manipulative and promising news, and take billions from pumps or liquidations of marginal positions.
Who doesn't know yet, we launched hereopen 2-year trade marathon experiment. The main goal of which is to prove and clearly show, especially to beginners, that there is no need to rush in the crypto market!
The market operates 24/7 and thanks to compliance with a trading system with strict risk management, you can increase your trading deposit by 2000% in just 2 years. In our case, this will be from $50 thousand to $1 million
Market cycles can change from rising to falling, withfalls to growth - compliance with risks must remain unchanged so that the deposit grows in any market! The fundamental news background is practically unreadable, there is a lot of garbage there, let’s even say that 90+% of crypto news is manipulative garbage that takes money from newcomers to the crypto market. “Market guys” pay millions for manipulative and promising news publications, and take billions from pumps or liquidations of marginal positions.
