[victortan]

What’s Next?[font=Arial Black]
Technical and Psychological Analysis
Everything You Need to Know: Last Sunday, the Bitcoin report stated that the price would move between 95-98k until breaking out to 104k, with possibilities of scam wicks to the 93-94k level, offering massive opportunities to long. There are no words left to describe the accuracy of these reports. Those who have been following me for some time, especially premium members, know exactly what I’m talking about, I’ve been predicting the entire market for months.. We ended up longing the exact bottom at 93k and closed that trade at 104k, the exact local top. A few hours later, I told everyone to long again at 97-98k as the price was heading there. We longed 97k near the white line while paper hands were panic selling the scam wick, and we’re still holding the 97k long.
So, Now What’s Next? While the so called analysts are predicting a 20-30% correction from the current ATH, for me, nothing has changed. My next target of 110k remains intact. I say the correction everyone is waiting for already happened with the scam wick to the low 90k. Market makers love to shake paper hands, grab liquidity, and fulfill spot orders by retesting the white line on the chart. During leg up it’s likely to see more retests at the white line. Treat the white line as if it was the bottom and long more near that region. Don’t panic like the paper hands did there’s much, much more to come and things you can’t even imagine.
Smart money has started accumulating heavily at 90k and they will only stop near 110k level, which mean this level of 90-110k will stand as an important level to keep and eye on for the next couple years. Smart money is accumulating more while there’s no supply for the current demand and as if this wasn’t bullish enough, institutional capital wants to enter the market making supply even smaller. Low supply with high demand only means one thing and thats parabolic chart! People need to understand that super cycle leg ups aren’t healthy as they bring only up seasons with 5-10% retraces until the local top. Unlike what analysts claim, the local top is not in yet. I’m aiming to see first local top near 135-145k. Don’t think for a second that this is my target to take profits, this is just the region where we’ll see a small correction before leg up continues. My first target to take profits on Bitcoin stands at 180-250k and this target will be easily hit within next year.
I’m expecting a 25bps rate cut at this month FOMC meeting and no rate cut at January FOMC meeting. Let me explain how this directly affects the BTC market: at the moment, the market sees rate cuts as bullish and pumps with this news, while it corrects with news of no rate cuts. So we can expect bullish continuation while rate cuts are still in play, which are expected to happen until next year. Fully ignore the so called analysts with bearish sentiment, all important data is bullish and points toward same upwards direction. CPI and PPI coming out this week, expect volatility on those days.
Join Premium Telegram to Actively Receive Key Data, Expert Buy and Sell Signals, as well as In-Depth Geopolitical and Macroeconomic Analyses to make sure you Stay Ahead in the World of Investments and Maximize Profits: