Kerim_43

Kerim_43

Macro view of BTC market in uptrend. We can see 4th dump of this bullrun on 1W time frame. Actually Bears do not have big Volume , this is average Volume against big May dump. It looks like ending of the up trend, maybe big Correction, BUT! MACD made a Red - Cross. Next days and weeks will show, how market mean it.

Kerim_43 Updated 

This is big bearish think, personally Im waiting for more signals and price action to update prediction. The most important thing is where BTC will make next spike. In this case retracement from B to C will break MA 200 D and 221 D down, next retracement from C to D will confirm D as a resistance (S/R reversal is in game).

Kerim_43

Now We can see 2 trend resistance lines which BTC must break up and retest for retracement to ATH and beyond (4H chart). Bearish movement is in chart too. Remember, BTC can do everything like other markets, which are tradable. Stay focus to swings/where BTC will make next high/low.

Kerim_43

Simple analysis of trend lines and triangle pattern with range volume profile.

Kerim_43

Now we have range and here started somethink big...Is it bullish or bearish? We will see in a few weeks.