The 3 bearish scenarios on BTC are still valid:
Bottom at 10K on November 7, 2022:
https://www.publish0x.com/the-king-of-crypto/btc-technical-analysis-on-daily-and-weekly-bottom-skpeculatio-xgjjyzkThe Wyckoff distribution in action with Elliot waves and Fibo:
https://www.publish0x.com/the-king-of-crypto/btc-down-trend-continuation-with-wyckoffs-distribution-patte-xzgnxjrBTC with moving averages, volume profile and fibo:
https://www.publish0x.com/the-king-of-crypto/btc-daily-and-weekly-technical-analysis-down-trend-continuat-xxzyxjg
The 2 bullish scenarios that still hold with the three weekly moving averages that I monitor: MM 62 / MM 162 / MM 262 but I don't really believe it because of the QT (Quantitative tightening) that has just started it's been 4 month (DYOR) and a lot of reasons towards a continuation of down trend, this is not advice I just take what the market shows me and I try to buy fear in DCA while waiting for the confirmation of the Bottom and then the return of the bull run. Finally I try to speculate but I could be completely wrong!
Not far from the Bottom:
https://www.publish0x.com/the-king-of-crypto/best-moving-average-and-btceth-reversal-xvmwogjThe BTC confirms a Bottom in an accumulation range! but watch for the positive correlation with the S&P 500 and negative with the DXY!!!
https://www.publish0x.com/the-king-of-crypto/the-btc-confirms-a-bottom-on-a-range-of-accumulation-but-to-xyeyrll
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