I love you brother and thank you for the knowledge. With humbleness 🙏 ❤️
CRYPTO MECHANIC
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Bitcoin monthly closed and in my opinion it's not really a good close. Price closed below the key $91k low on monthly. It's important because price was holding well above it and we saw it on weekly/daily charts.
I also want to share something about the monthly chart. There haven't been a single monthly candle that close below an important monthly low since $BTC market $16k bottom.
This is the first monthly candle that closed below the low. As long as we don't see monthly candle going back above $91k-96k i think monthly chart is not that good as it was.
As we continue to grow, scammers using my name are increasing. They reply under my posts share numbers. I removed one yesterday and today another one pops up. It happened before as well.
I try to remove them as quickly as i see them but sometimes i see them late.
Please be sure i do not share my personal details. I will never ask for money. I do not have any signal group.
Beware of these scammers, Always verify my name and the verification mark.
I do not give random signals like many others do. They don't even trade their own signals. I focus more on educating my followers but i always share my trade plans. Trades that i personally take.
No trend lasts forever and this is where people lose most amount of their money. If people are bearish and the trend shifts to bullish they do not accept it and keep shorting the market. And if people are bullish and the trend shifts they don't accept it and keep buying the dips.
How can you identify a trend shift? In this post we will talk about bullish trend break.
when the market breaks a bullish trend you will see it will break below the higher low (The uptrend it was maintaining) on the high timeframe. The best one you can use is weekly and daily timeframe.
Once price does that you can shift your bias from being bullish and wait unless if you get another bullish confirmation.
Some people like to take profits on their buys as trend breaks or some people like to open shorts depending on the type of traders they are and depending on how they want to trade.
Be bullish when the market is bullish Shift your bias when the trend shifts. This is the only way to survive and be a profitable trader.
$BTC (Weeky) There haven't been a single close below $90k level on weekly chart. Still 5 days to go for the candle close and Bitcoin can literally bounce back to the highs in a day.
Just giving you an early update. A weekly close below this level will be the first high timeframe structure break and Below this zone is "Open Air"
It's just the beginning of the year. I want to believe this kind of bold prediction but I'm not. For now berish structure is observed. 2030 BTC to 1milion 👑
MihaiDaniel
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109.000$ is not the top for Bitcoin bull market , altcoins recovery will take place in 2025. Not all altcoins will recover ! 150.000$ is very very realistic for Bitcojn in 2025. Most altcoins are on the bottom! 90% of the coins will vanish in the next 3-5 years ! This are some facts, think about !
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