ualifi's analyses of $BTC and the Market in general.
have been great for calming spirits and acting with caution in these times of decline
have been great for calming spirits and acting with caution in these times of decline
Post
Ualifi Araújo
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BullishAnalysis $BTC 01/27/2025 (1)
#BTC, I had thought about making several posts to support my thesis that the current market moment is not for panic and you should not CAPITULATE here, but NOW I think it is not really necessary, since we are seeing a really decent reaction here.
Anyway, let's look at the chart...
It is quite evident to everyone that I have said a thousand times and I repeat: WE NEED a clean break of $105K and a successful retest there, no matter how much further we go, if we do not have a successful retest there, we will continue falling and returning to that $100K region.
Over the weekend we had several attempts to break the $105K region, but unfortunately yesterday we had our beloved Saylor buying and OF COURSE the Big Whales were going to form the top for Saylor, have no doubt about that, after all, Saylor's purchases have become an indicator of an immediate fall and everyone has already noticed that, and the worst thing is that it is no longer a meme, it is a FACT!
That said. We should see a recovery to $105K today and again: WE MUST BREAK $105k or things will get SINISTER again.
I see some false narratives that DeepSeek was the reason for yesterday's fall, but I don't see that as true, and as we can see on the chart, we made the same downward movement before going up and before we didn't have it, so stop being crazy.
Let's take a look at the Daily chart, so far we are having support from the 50 EMA, which has been successful other times and will probably be again.
We are making a higher low here, so it is not the end of the world (even though it may feel like it).
We are making a good comeback so far, but it is crucial that we close the current 4H candle above this light blue band around $101,300 or we will be back at $98K. The problem with going back to $98K is that there are not as many big buy orders there anymore, which will force the big BULLS to go to the $92K region.
Whatever the case, it doesn't change much.
FOLLOW THE PLAN!
#BTC, I had thought about making several posts to support my thesis that the current market moment is not for panic and you should not CAPITULATE here, but NOW I think it is not really necessary, since we are seeing a really decent reaction here.
Anyway, let's look at the chart...
It is quite evident to everyone that I have said a thousand times and I repeat: WE NEED a clean break of $105K and a successful retest there, no matter how much further we go, if we do not have a successful retest there, we will continue falling and returning to that $100K region.
Over the weekend we had several attempts to break the $105K region, but unfortunately yesterday we had our beloved Saylor buying and OF COURSE the Big Whales were going to form the top for Saylor, have no doubt about that, after all, Saylor's purchases have become an indicator of an immediate fall and everyone has already noticed that, and the worst thing is that it is no longer a meme, it is a FACT!
That said. We should see a recovery to $105K today and again: WE MUST BREAK $105k or things will get SINISTER again.
I see some false narratives that DeepSeek was the reason for yesterday's fall, but I don't see that as true, and as we can see on the chart, we made the same downward movement before going up and before we didn't have it, so stop being crazy.
Let's take a look at the Daily chart, so far we are having support from the 50 EMA, which has been successful other times and will probably be again.
We are making a higher low here, so it is not the end of the world (even though it may feel like it).
We are making a good comeback so far, but it is crucial that we close the current 4H candle above this light blue band around $101,300 or we will be back at $98K. The problem with going back to $98K is that there are not as many big buy orders there anymore, which will force the big BULLS to go to the $92K region.
Whatever the case, it doesn't change much.
FOLLOW THE PLAN!
