@SimplisticGains Might be the case.
I'm just taking it one support at a time. 🤞
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RudoViljoen
5.2K posts
RudoViljoen
@TheChartArtist
Full time stay at home crypto investor & trader. I share my thoughts on Bitcoin here, & trade live with the community in Discord.
Not Financial Advice Katılım Nisan 2009
557 Takip Edilen43.9K Takipçiler
@TheChartArtist $58K may be the low, "IF" we can get thru September with a smaller then average draw drawn.
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4H Bitcoin looks strong
I suspect the 60k double tap BUY wont hit.
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Interesting to see if bitcoin reclaims $65800.
- Gann + Time analysis sugesting the bottom is here.
- Bears are weak considering the amount of time spent without any significant new lower lows.
- Bull market top vibes in reverse
RudoViljoen@TheChartArtist
BITCOIN 4 year cycle: Considering that the highs are less aggressive as time passes. - Its fair to assume the lows will be less aggressive as well. - My Bear market Low prediction is $55k in late Augusts / early September
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Looking good.
This weekly close will be very important for altcoins like $UNI, $TON ext...
RudoViljoen@TheChartArtist
BITCOIN 4 year cycle: Considering that the highs are less aggressive as time passes. - Its fair to assume the lows will be less aggressive as well. - My Bear market Low prediction is $55k in late Augusts / early September
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@rektfencer Same narrative emerged in 2018 saying it costs 6k to mine and then price fell to 3k.
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Bitcoin NEVER drops below the production cost.
Current electrical cost is around $60,000.
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RudoViljoen retweetledi
hyperliquid:native
short setup failed
Bull targets at $85 and $125
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$GOLD ethereum:0x68749665ff8d2d112fa859aa293f07a622782f38 - the trend remains bearish @PeterSchiff
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RudoViljoen retweetledi
bitcoin:native Trading short but hunting for a long setup to take price to 69K
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