SamaraGM
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SamaraGM
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Full $BTC analysis:
Let’s start of the first part, if we look at the past, we can see a correlation between lows happening in September. September tends to be a weak month for BTC in general and usually we form a low before the leg up towards beginning-middle of September. So when September is not bullish, this are times when we make a low.
If we look at the past bull runs, we can see that the cycles lasted around 1060 days and if would look at what stage we are, we would need to top in early November but it could change this year a bit and I woudl advise you guys to look for Q4.
Higher timeframe: If we look at the higher timeframe like the daily we can see that, there are two scenarios. I don’t believe that we have reached a top, so we could go from here higher towards the 130k level and potentially higher towards 145k but what target to choose would be difficult now exactly. Second scenario is we would get a small relief pump towards the area 115k-118k and make a last correction before hitting ATH. Why we would go there, well we have a good amount of Liquidity sitting there and we had a lot of volume there as well.We would correct towards 100k level maybe even a bit lower but then start the final leg up from there. If we go though 118k, then we are going towards 130k already.
Lower timeframe: so basically you need to watch 113k, if we break out, second scenario will be preferred from the higher timeframe analysis if we break 108,500 then I could see it go lower towards 100k.
I hope you understand what is going on and the game is all about scenarios, I can’t tell you the exact direction and nobody can, so read it a few times. @EarnPii - TEAM MATRIX - TANK TinkTank #TEAMMATRIX
Let’s start of the first part, if we look at the past, we can see a correlation between lows happening in September. September tends to be a weak month for BTC in general and usually we form a low before the leg up towards beginning-middle of September. So when September is not bullish, this are times when we make a low.
If we look at the past bull runs, we can see that the cycles lasted around 1060 days and if would look at what stage we are, we would need to top in early November but it could change this year a bit and I woudl advise you guys to look for Q4.
Higher timeframe: If we look at the higher timeframe like the daily we can see that, there are two scenarios. I don’t believe that we have reached a top, so we could go from here higher towards the 130k level and potentially higher towards 145k but what target to choose would be difficult now exactly. Second scenario is we would get a small relief pump towards the area 115k-118k and make a last correction before hitting ATH. Why we would go there, well we have a good amount of Liquidity sitting there and we had a lot of volume there as well.We would correct towards 100k level maybe even a bit lower but then start the final leg up from there. If we go though 118k, then we are going towards 130k already.
Lower timeframe: so basically you need to watch 113k, if we break out, second scenario will be preferred from the higher timeframe analysis if we break 108,500 then I could see it go lower towards 100k.
I hope you understand what is going on and the game is all about scenarios, I can’t tell you the exact direction and nobody can, so read it a few times. @EarnPii - TEAM MATRIX - TANK TinkTank #TEAMMATRIX
WE DID IT! A new all-time high for $BNB ! This is a massive win for the community and a sign of the incredible progress on the BNB Chain. From decentralized finance (DeFi) to gaming and AI, the utility of BNB is more robust than ever. Let's celebrate this milestone and keep building the future of Web3 together. #BNB #BNBATH #BNBBreaks1000
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