
Dee
4.2K posts

Dee
@Dee_Pakamar
You can't fly with the Eagles if you keep running with turkeys !!!






🚨 LET’S TALK $BTC Bitcoin has started the move down we were projecting for the past month. Nice to see the market respecting the structure. Now let’s see what’s next, where the BOTTOM is, and a possible bull case. Levels I’m watching: -$85K — Possible breakout confirmation -$76,000 — Next resistance zone -$65,000 — Local key support On 26th Feb, I posted a scenario that is playing out right now: BTC going up in an ABC zigzag into $77K area, then making its final macro leg down, which we started yesterday. WHERE TO NEXT: While there is still a chance of making another high here in this ABC zigzag before going down, we will revisit this scenario later if needed (see a 5-wave Blue count). The structure we have at the moment is hinting on Bitcoin starting its last Wave C in a 5-wave (Green count) move down to our bottom target area. This hint is a 5-wave move up Bitcoin just completed in an overlapping Ending diagonal structure we were discussing in previous posts, and a strong impulse down we started yesterday. An additional confirmation of this would be Bitcoin breaking down below $65,000. MY BOTTOM AREA: $55,000 - $46,000 (I’m leaning toward the lower level) INVALIDATION - THE BULL CASE: If Bitcoin’s bottom was already in, then you are looking for this scenario: This Diagonal overlapping 5-wave structure we just completed in either White count or a possible Blue count was a larger Wave 1 (Larger White count), and we are now making Wave 2 ABC correction. I’m looking for a strong break of 85K for a real bullish sign, coupled with a larger White count impulsive/bullish structure. Until then, my primary scenario remains, BTC hunting for the lower Bottom area. Will update you tomorrow if we get price action. If you haven’t already, see yesterday’s IMPORTANT $USDT.D TA on the post below, where we talk about where the TOP in stablecoins is, meaning a bottom on crypto. Stay tuned for more updates and news. Stay bullish. Happy Thursday from #fartboy community.



























