Thread by @Crypto_MM_

1/ NEW $BTC WEEKLY THREAD

Looks like we’re going to finished back in this low tf range. Hold here over the weekend and I’ll be looking for 37.3k during this coming week.

I’m thinking we may have just set the low of the weekend there.

2/ No dice on that being the weekend low. Time to just wait and see how the rest of Sunday plays out and what they do at the weekly close.

Keep it flat. Likely to be some sort of fuckery later on. $btc

3/ The CME Gap is up at $36k this weekend.

cryptomarket-maker.com/what-is-the-bi…

4/ $BTC

5/ The more they dump on a weekend the more boolish I get for long term. You don’t dump/pump on a weekend if you’re not coming back to it.

If they want to dump and not come back to it then they do it during the weekdays, not on weekends.

6/ They’ve just taken out the low from Jan.

The influencers are still saying “buy the dip”.

Once they start saying “it’s over. Bitcoin is going to $20k” it’ll probably signal the bottom 👍

7/ Crucially USDT Dom has taken out the highs.

I would expect some sort of a bounce sooner rather than later. It is false move Monday and there’s the CME Gap up at 36k that’s been left behind $btc #Bitcoin #bitcoincrash

8/ Alright, well today’s been interesting hasn’t it?

On a technical level it looks like we’re near the bottom.

On a FUD level it also looks like we’re near the bottom.

Influencers haven’t capitulated yet so probably still room for a move to July lows of $28900

9/ Yeh probably still room to go lower

10/ Decent bounce today.

But I don’t believe the long term low is in until $Eth at least sweeps this low and hits the FVG at $2140 ish

11/ Expecting to get a number of Daily Bull VCR alerts by the close tonight if Bitcoin is held above the daily open.

However, I don't think it means the bottom is in - I just think it'll lead to a short term bounce. I'll explain why later.

12/ Getting perilously close to that Daily Open...

13/ 48 Daily Bull VCRs sent into Telegram. That is an incredible amount and never seen before.

Bull fun not over methinks.

Now we’re starting to get daily bull VCRs outweighing the daily bear VCRs.

This is a change in the tide. Let’s hope it continues.

14/ Both #Bitcoin and #Ethereum finished as Daily Bull VCRs

15/ By the way, it was kinda funny seeing all the Bear Market tweets come out yesterday.

Bear Market tweets. At high timeframe support. Think about it.

If you wanted to anticipate a bear market you should have done it at 40k. Not at 30k which is support until proven otherwise.

16/ It’s now Wednesday. Wednesday is the day I start looking for the reversal. Seeing as we’ve only gone one way the past few days I’m obviously looking up.

CPI Data is today, so it could be the catalyst they use to give a short term bounce

17/ These yellow boxes are the areas I would be targeting.

I don’t believe the bottom is in yet though. Bottoms don’t form like this, but doesn’t mean we can’t range for a while. I see this Daily Bull VCR as similar to May - July 2021 where it was the start of a bottoming range

18/ I will not start being concerned about a Bear market until 28k is lost.

19/ I guess it’s time to see what they do at and around 28k then

For now they haven’t quite reached it. $28853 is the low from July 2021.

29/ A bounce here would be perfect.

Sweep of the lows. No reversal today. Reversal incoming tomorrow by NYC? $btc

30/ Right on time from our friend, The Moon C**t Carl

Bottom is near.

31/ Eth and Bitcoin both bounced from the two most key areas. As long as these green boxes hold then we’re good.

I am now looking for a reversal tomorrow from the NYC session

@Bitboy_Crypto can you let us all know when you’re certain Bitcoin is going to 20k again please? Would add extra confluence to the bottom being in 👍🌝