Bitcoin: Major Crash Alert | C-Support vs i-Support vs N-Support

My dear friends... This is a strong warning because there is no time left... If you have to panic, right now it is a great moment to start doing so.

👉 Bitcoin is now trading below $60,000.
It is playing with this level and moving below it... This is a critical level.

👉 Bitcoin below $60,000 means ultra-bearish, which in turn means that the crash can no longer be extended; the next move is set to happen NOW!

Let's look at everything together...

➖ The highest volume came in RED 13-June 2024.
(strong bearish signal.)

➖ We have lower highs and clearly multiple top patterns.

➖ Almost four months with sideways with a downward bent.

➖ N-Support continues to be challenged; The more a support level is challenged, the weaker it becomes.

➖ VRVP Points to 40K. We are going for 50/52K first, the I-Support, but this indicators is pointing even lower.

The "next major support" or N-Support is the main target for this move.
We can expect this move to develop within days and maximum a few weeks to be fully complete.

This is it... This is the warning.
Prepare to experience the biggest crash since 2021.

👉 We will have a massive, long-term buy and hold opportunity all across the Cryptocurrency market once the correction/crash is over.

Thanks a lot for your support.

Namaste.

Kommentera:

Notice the weekly chart...

The lowest Bitcoin is trading since February.
The previous weeks where Bitcoin was this low closed higher and on a wick.

If Bitcoin closes below 60K, it would be the first time ever to do so coming from an ATH since late 2021... Think about it!