Hey everyone, I'm Migo from 2029. The super script you all wanted, $BTC , must be bookmarked ⬇️ Good news: This year's target is 130k. Bad news: We're currently in the first year of a three-year bear market.
Let me explain... a few insights
- The Bitcoin weekly chart is building a massive megaphone pattern. In the next week or two, we will likely hit the lower edge of the megaphone at around 57k, then start to rally.
- The drop from 126k to 60k for Bitcoin was due to manipulation and forced selling, with market exits around 1011 and protective funds offloading, causing these anomalies. Once these factors are cleared, the price will quickly rebound to previous highs.
- After we touch the previous highs, retail traders will be singing bull market songs at 130k, and that's when the real drop will begin.
- After hitting 130k, the first leg down will take us to 40k, then we’ll bounce back to 70-80k, followed by a second leg down to 29k (the bottom).
- Counting from 2025, this bear market will last a full three years. It will end in October 2028, then we’ll kick off the next bull market.
- MicroStrategy is doomed.
- The entire crypto space's power structure will be restructured.
Let's chat for a few minutes about where Bitcoin is headed with #BTC走势分析 . During this recent dip, my buddy made a cool $10 million. Hit me up at $BTC .
#BTC The low-level structure doesn't look good, it might be a pump and dump. Get ready to short if we break down, prep for a short-term dip buy. Save this post. #BTC走势分析
#BTC走势分析 #BTC 81000 Been guiding you all to short all the way down, and now it's the last chance to save your positions—screamed it out! How many actually listened? The bulls are currently averaging around 77000, and they're seriously underwater, all waiting for a pullback to the red trend line to add to their positions and lower their average cost. It's highly likely that things won't turn out well; we might just drop through. First target is 64. Big moves are coming. 👄🐒🇩🇪🍑🐔 🥢🐔8️⃣🍑
Trader米哥
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Episode 206 of the "Daily Bitcoin" series: 81k signals a successful short, currently sitting at 71k. The crash is likely to continue. Let’s break down the logic, and stick around for some perks at the end. #BTC走势分析 $币安人生 #币安人生
Episode 206 of the "Daily Bitcoin" series: 81k signals a successful short, currently sitting at 71k. The crash is likely to continue. Let’s break down the logic, and stick around for some perks at the end. #BTC走势分析 $币安人生 #币安人生
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Hey everyone, I'm Trader Mike, hoping you all hit a million a month. Today, I’ll take a few precious moments to chat about our dear BTC. Before that, I want to wish every one of my fans a Happy Children's Day! ❤️
🤔 Fundamentals: The fundamentals are deteriorating as prices drop; this wave of AI stocks is too strong. Bitcoin’s current decline is making traders more bearish on BTC. Capital is shifting from crypto to AI. Additionally, with BG leading the way, crypto exchanges are starting to list US stock trading and CFDs, and BN will also introduce US stocks to the main site in June, which is a short-term bearish signal for the coin itself, as it will siphon liquidity out of the crypto space given the current market conditions.
⚠️ However, in the long run, I don’t think it’s a bad thing; in fact, it could inject fresh blood into crypto: China is tightening investments in US stocks, making it harder for Chinese investors to dive into US equities, while registering on crypto exchanges is easier. They might use crypto exchanges to bypass traditional investment pathways to trade US stocks. Therefore, I believe this wave will attract many Chinese stock traders looking to trade US stocks to register on crypto exchanges. Initially, they might just trade US stock tokens and contracts, but later, when they realize the crypto market is in a “shanzhai season” rally, the crypto space will attract this traffic. But keep in mind, this scenario will only happen when the crypto market is doing well. When the market is bad, the opposite will occur.
📉 Technicals: Since the moment Bitcoin broke the green trend line on April 22, a lot of crypto traders shifted to long positions. Their long entry prices are mainly clustered between 76-78. During this decline, they kept adding to their positions to lower their average cost, which also brings the liquidation price closer. Once the price hits 69-70k, these traders will see a bounce back to the green line and double down, but I think the outcome will be very bad. The price will likely break down directly, racing towards their liquidation price after adding positions. 64-65k will be a hotspot, and the second hotspot is the support level below the previous low of 60k, around 57k.
The accompanying image for this short article is a simple prediction of the market movement I think will be triggered. For reference only! In short: Don't try to catch the bottom at 70k; something big is coming. Stay alert! ⚠️ Below is a quote from today's market analysis video, please savor it!! ❤️ $BTC #BTC #bitcoin #BTC走势分析
#BTC走势分析 Let's have a quick chat about the current Bitcoin market vibes ⬇️⚠️ Must bookmark 💡 MiGe warned you guys at 81k to go bearish. - A few days ago, we broke the blue trend line, creating a bull trap, and now we've dipped below it. A ton of longs got trapped in the 75-78 range, and they won't let them escape easily.
- Right now, the structure resembles a strong bearish running flat ABC correction. This adjustment has wrapped up, and the next move is likely to plunge directly down from 72k.
- The next critical point is the bulls' last defense at 69-70k. I think it’s highly likely they won't hold it because the bulls are already trapped, having chased the market higher. When we hit 70k, they'll probably add to their positions, which is likely a trap.
- The first target for this drop is 64k, with a second target at 57k.
The #BTC #BTC走势分析 Bitcoin is likely to break 70k soon. A lot of retail traders will be stacking up at 70k, which will bring down the cost price for going long. Therefore, there's a high chance it will drop straight through. The real liquidity sits around 64k. Get ready for a massive waterfall. This is the last escape opportunity. $BTC
Trader米哥
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Bearish
#BTC走势分析 Bitcoin is showing a major crash fractal, with a ton of bulls trapped above 77k. The small-scale bounce over the last couple of days has allowed them to add to their positions, and if it dips down to around 70k, the bulls will likely double down. The main reason for this being a possible pump-and-dump is that the gurus on the square and Twitter have gone from extreme bearish at 6/7k to extremely bullish at 8k. However, the margin for error on these long positions is way too large; 8k can be justified as bullish, as can 7.7, 7.5, 7.3, and 7.0. They keep giving reasons to long, which is pure baiting. As the market retraces, the bulls are increasing their positions, and as their positions grow larger, the liquidation price gets closer. 65k is likely to come sooner than you think. Good luck to everyone! #btc57k #币安人生 If there's a pump, the bull market is basically over. Stay alert, something big is coming. This is the last chance to save yourself!!!!!!! {future}(BTCUSDT)
#BTC走势分析 Bitcoin is showing a major crash fractal, with a ton of bulls trapped above 77k. The small-scale bounce over the last couple of days has allowed them to add to their positions, and if it dips down to around 70k, the bulls will likely double down. The main reason for this being a possible pump-and-dump is that the gurus on the square and Twitter have gone from extreme bearish at 6/7k to extremely bullish at 8k. However, the margin for error on these long positions is way too large; 8k can be justified as bullish, as can 7.7, 7.5, 7.3, and 7.0. They keep giving reasons to long, which is pure baiting. As the market retraces, the bulls are increasing their positions, and as their positions grow larger, the liquidation price gets closer. 65k is likely to come sooner than you think. Good luck to everyone! #btc57k #币安人生 If there's a pump, the bull market is basically over. Stay alert, something big is coming. This is the last chance to save yourself!!!!!!!