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Man of Bitcoin @Manofbitcoin

Crypto/Bitcoin analyst and investor. Using top indicators for accurate predictions for the coming Bullrun. Funny memes to keep it fun.

Joined August 2023
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$BTC: The price could have started wave-(2) to the downside. A break below $63,433 would be the first sign. Support for a wave-(2) low is between $62,671 - $61,558.
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$BTC: The price has broken below the rising wedge and is currently retesting it from below. Key resistance is at $64,366. A sustained break above this level would sent the price at least to the 100% Fib extension level at $66,183.
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$BTC: The price reacted to our support area and reversed to the upside. As long as price remains above $60,723, the yellow scenario remains the preferred roadmap. A break below that level would be the first warning sign that the price has chosen for a direct move to the downside
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$BTC: It appears that the price has successfully retested the descending trendline from above. A break above $64,366 would suggest that wave-(C) of 2 is already unfolding to the upside. Ideally, the price reaches $66,183 in wave-(C).
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$BTC: The price has broken above the descending trendline and is now retesting it as support. A successful retest could trigger a wave-(C) of 2 to the upside. The key level that must hold to keep this roadmap intact is $59,169.
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$BTC: The bulls are defending the support area. One more low is still on the table as long as the price remains below the descending trendline. Next downside support is at $60,253. A break above the trendline would be the first sign of a trend reversal.
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$BTC: The price has reached my support area for a wave-(B) low and reversed to the upside. One more low is still on the table as long as the price remains below the descending trendline. Key level to keep the yellow roadmap intact is at $59,169.
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$BTC: The price could have formed a local top. A break below the ascending trendline would be the first sign that wave-(B) is unfolding to the downside. Support is between $61,112 - $59,736.
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The best traders think in probabilities, not predictions.
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$BTC: The price has already reached the 1.618 Fib extension level. Another high is still on the table as long as the price remains above the ascending trendline. Support for a wave-(B) low is between $61,112 - $59,736. A break below $59,169 would suggest that wave-5 of iii is unfolding to the downside.
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$BTC (Monthly Timeframe) Indicator: Gaussian Channel Historically, the middle line of the Gaussian Channel has served as a key support level. It is currently positioned at $47,330.
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$BTC price has reached the resistance zone. I am currently tracking two scenarios. ⚪️White: The price is working on a wave-(C) of 4 to the upside. Resistance is between $62,400. 🟡Yellow: A larger ABC correction to the upside is also a possibility. Micro support is at $61,667.
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$BTC: The price is getting squeezed between the two trendlines, and tomorrow should provide more clarity. A breakout to the upside would suggest that the price is following a corrective roadmap higher, with the first key resistance located at $66,316.
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$BTC zoomed in. The price has reached the descending trendline. A break above it would be the first indication that a wave-4 recovery is unfolding. That said, the reaction from the $60,223 support level has been relatively weak. For now, as long as the price remains below $66,316, I remain bearish.
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$BTC: The price continues to follow the white downside roadmap. Wave-4 resistance is located between $62,438 and $66,316.
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$BTC: While price continues to make lower lows, the 4H RSI is printing higher lows. That's a bullish divergence, but there's still no clear sign of a bottom. Bulls and bears are battling at a key level.
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A decline was expected, but it's too sharp to keep the upward scenario intact. I am currently tracking two bearish scenarios.
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$BTC: I've added a direct bearish roadmap to the chart. Key resistance is at $67,539. A break above this level would indicate that the yellow scenario is taking control.
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$BTC: The daily RSI is in oversold territory, a zone where bulls often begin stepping in and looking for long opportunities.
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$BTC: As long as price remains below $69,660, downside pressure may push BTC toward lower levels. The key thing to watch now is whether price can reclaim the descending trendline. A successful breakout could shift momentum back in favor of the bulls.
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