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Eternel insatisfait
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#Bitcoin    Bullish Engulfing Candle!💥 Interesting developments on the daily TF: - #BTC    printed a bullish engulfing candle which is a reliable reversal pattern. - It retested the Tenkan 🔴 and is back not only in the Kumo cloud again but above Kijun 🔵. #Bullish 🚀

#Bitcoin    Bullish Engulfing Candle!💥

Interesting developments on the daily TF:

- #BTC    printed a bullish engulfing candle which is a reliable reversal pattern.

- It retested the Tenkan 🔴 and is back not only in the Kumo cloud again but above Kijun 🔵.

#Bullish 🚀

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$BONK BONK may have a tendency of retesting old Range Highs (black) as new support after breakout (green circle) Could #BONK pullback into its recently broken Range High to fully confirm the latest breakout? Post-breakout retests don't always happen, especially when the buy-side pressure is strong, but such retests are great confirmation signals for further upside #BTC    #Crypto #Bitcoin   
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#BTC    Bitcoin continues to Daily Close below orange, further solidifying it as a point of resistance Ideally, a Daily Close above $69400 would set price up for higher levels In the meantime, Bitcoin has struggled to reclaim this area as support $BTC #Crypto #Bitcoin   
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#BTC    If history were to repeat, Bitcoin could experience a Bull Market peak in mid-September or mid-October 2025 But the rate of acceleration in this current cycle will also be a factor as to when that final peak will occur Current rate of cycle acceleration is ~180 days So if this figure persists for the remainder of the cycle then an April 2025 peak may need to be considered instead $BTC #Crypto #Bitcoin   
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#BTC    Bitcoin rejects from the Range High of its current ReAccumulation Range It's clear that BTC is only one Weekly Close above the Range High away from entering the Parabolic Phase of the cycle But history suggests this historic breakout is still several weeks away $BTC #Crypto #Bitcoin   
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The charts are showing us a glimpse of the upcoming price action we can expect from $ETH. (Highly likely from alts as well) Since 2021 (last bull run) $BTC has outperformed for years. Adoption, ETF, main focus, etc... However since last week (approval ETH ETF) this is changing. The charts are showing us a glimpse of a reversal and early outperformance in the next coming weeks - months. While last week Ethereum had a strong first reaction, it didn't really start its big surge yet. Which also explains why alts don't really follow yet and are mostly lagging behind. Alts have the tendency to really start running once the king (BTC) or queen (ETH) show repeated confidence. Once they show multiple strong surges and break new levels. The ETH ETF really sparked a strong new catalyst in the market and for good reason. As such once this outperformance rally on ETH really begins I expect the entire market to pick up in pace significantly. 🤝
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