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Jalopablo thoughts on BTC currently in a consolidation zone. We’ve been trading range bound for several days now and I believe an accumulation schematic can be mapped out from a Sell Climax on 12/20. BTC hit a spring on 12/30 and we are currently on a trend line of upward support on the 1hr. I agree we are below the creek but price action looks as tho it is heading that way. Thoughts?
It's possible, obviously. I think we could take another stab at 100K, possibly 104. But I don't think such a move can be sustained long. There's just too much supply coming in at key resistance points. On the LTFs like the 1hr it looks more promising, but then you scale out and see the PA in relation to the AVWAP and supply vol predominance and it looks more daunting. But t's BTC and BTC tends to surprise us :). We'll see! Happy New year
FOMC 25bps was what everyone expected, the market capitulated because their only doing 2-3 rate cuts instead of 4 going into next year. As well as maintaining inflation at 2% between 1-2years which alot of economist know thats the reality, but cause JPowell said it investors are quick to be concerned
Very good video! I have TRC20 USDT in my OKX wallet and I have my recovery phrase: 「pride pole obtain together second when future mask review nature potato bulb」 How do I transfer them to Binance?
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Interesting insights, thank you @jalapablo crypto!
OVER 1000! :) CONGRATS!
thank you so much, you're like one of the OGs, been with me from almost the beginning, my appreciation and respect!
@ don’t thank me:) it’s all you! Nice content!
Awesome video!
thank you man!
Jalopablo thoughts on BTC currently in a consolidation zone. We’ve been trading range bound for several days now and I believe an accumulation schematic can be mapped out from a Sell Climax on 12/20. BTC hit a spring on 12/30 and we are currently on a trend line of upward support on the 1hr. I agree we are below the creek but price action looks as tho it is heading that way. Thoughts?
It's possible, obviously. I think we could take another stab at 100K, possibly 104. But I don't think such a move can be sustained long. There's just too much supply coming in at key resistance points. On the LTFs like the 1hr it looks more promising, but then you scale out and see the PA in relation to the AVWAP and supply vol predominance and it looks more daunting. But t's BTC and BTC tends to surprise us :). We'll see! Happy New year
Another example of this pattern can be found on the 4hr in dec 23 to jan24. It's even closer to the pattern playing out now :)
yep, they're all over, in all time formats, in all fractals, you just have to look for them. Thanks for commenting!
FOMC 25bps was what everyone expected, the market capitulated because their only doing 2-3 rate cuts instead of 4 going into next year. As well as maintaining inflation at 2% between 1-2years which alot of economist know thats the reality, but cause JPowell said it investors are quick to be concerned
yes, I agree, good comment bro
they can change at any moment. like decide to do fewer or more
@@samsonyunited I know right, it's all arbitrary to them
@jalapablocrypto they can lump their bags and their families bags. it's all a casino and crypto more so
Very good video! I have TRC20 USDT in my OKX wallet and I have my recovery phrase: 「pride pole obtain together second when future mask review nature potato bulb」 How do I transfer them to Binance?