ByBit USDT, Binance Futures
#MATIC/USDT Take-Profit target 1 ✅
Profit: 25.0% 📈
Period: 14 Hours 30 Minutes ⏰

ByBit USDT, Binance Futures
#MANA/USDT Take-Profit target 1 ✅
Profit: 25.0% 📈
Period: 11 Hours 10 Minutes ⏰

#MtGox BTC Update

📊 Interesting Fact : Both #BTC and #ETH trading at 2017 ATH.

📊 Holding Shorts and Expecting a bounce to open more short positions.

JUST IN: 🇺🇸 US Dollar Index hits 20-year high of 109.45

Huge Breakout 🚀🚀🚀 bad for Stocks and Crypto.

📊 BTC approaching trendline resistance area.

⚡Meta now allows users to connect digital wallets and post NFTs across Facebook and Instagram

NFT Adoption is on the rise.

📊 Bitcoin will bottom out in the next 2 months!!

Halving Cycle Analysis :

If you check the above Halving Cycles chart there are some key observations and cycles.

📉 Bottom : Within 850-900 days after halving. Played in all cycles.

📈 Pre Halving Pump : Pre halving pump starts within 420-500 days. Played in all cycles.

🚀 Post Halving Pump : Right after the halving event. New HIGH

Conclusion :

- As per data bitcoin should BOTTOM out in max 900 days after the halving. So the bottom should be in the next 2-3 months max.

- Then Pre Halving Pump starts right before 500 days of bitcoin's halving. (Q4 22 - Q1 23).

- We will see huge growth Post Halving, There is a chance of a 30% correction from a pre-halving high that will be our another buying opportunity near halving event. (2024 - 2026 Mega bullrun).

In next post we will share accumulation plan.

Floor is closer than Celling!

So start the accumulation soon...

📊 Bitcoin rejected from trendline resistance as predicted in previous update.

Jim Cramer has said to avoid all speculative investments like crypto, while the Fed remains hawkish.

Market reacted with a pump!

📊 BTC Possible scenario rejection from trendline / fakeout.

Targets : 19500, 18500

🔴 Michael Saylor is being sued for tax fraud - link

⚠️Wait Mt Gox #Bitcoin  coins being released the same day as the #Ethereum merge!? 👀😁

📊 Bitcoin is trying to break $19.5k 3rd time.

If daily candle close below $19.5k then the 17k should be our buy zone / reversal point.

Floor is closer than the Celling!

🇨🇳 China locks down 21 million in Chengdu due to COVID-19 outbreak - link