Let's hope so.
-NFA
-NFA
Note
There are several notes that I want to mention about BTCUSDT which basically guides the whole crypto market in that direction if everything works out depending on my analysis.1- In the chart above, we can clearly see a bullish head and shoulders pattern, and since the neck line has been broken and we have experienced a pullback to that zone, we can consider it as a good bullish sign. (you can also adjust the broken trend line a little bit for better comprehension)
2- In the 4H timeframe, I can see another bullish head and shoulders pattern, which is currently missing its' right shoulder for the pattern to be completed, and if we want to consider this beautiful pattern, price will retest the $35,000 level and then bounce back up. (also the neck line in 1H timeframe)
3- If the price can keep itself above $37,455, we can consider it as another bullish sign, because it will make a bullish engulfing candlestick pattern for us.
4- A huge amount of stablecoins have been printed these days... and also I've been monitoring lots of huge transactions of stablecoins from wallets to exchanges, and also I've seen many bitcoins being sent to private wallets.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.