Bitcoin – get ready for this step!

Hi all!

Many times I told you that the bear market is not over but closed to the end, I am waiting for the last wave 5 and I am sure that we will see $17.5k, but the market today is showing us that before we can see another push up. My job is to let you know before anything happens.

On the 4-hour timeframe of BTCUSDT, we see that price is about to form a terminal diagonal triangle – a formation that completes the trend. This scenario fits almost perfectly with other analysis tools. We see that Bitcoin has found support and is showing a bullish reaction from the Fibonacci golden pocket. So it could potentially rise to the 27 Fibonacci zone (the target of the Fibonacci division strategy), to around $25k. The trade can be executed with a stop loss below the Fibonacci gold pocket.

This potential pump looks even more logical to me than a collapse from the current price. In this case, we will see a true bearish divergence from the MACD, which could lead to the final collapse.

I don’t intend to make this trade, but I entered into positions that I closed when the Bitcoin price was $24k, so in each case I will make a profit according to my tradingvesting strategy. The probability of a pump for me is now = 80%.

Good luck!