BIGGEST BITCOIN TRADE OF MY LIFE !!!!!
The Moon Show
Bitcoin Analysis
- A diamond pattern on the Bitcoin chart has lost significance due to a lack of follow-through after a breakdown.
- A blue line representing a significant level of support and resistance is being closely watched.
- Breaking through this level and retesting it could signal the next leg up in Bitcoin's price, potentially reaching $130,000.
- A stop loss is recommended below a blue support line, around $10,100, for long positions.
Ethereum Analysis
- Ethereum is in a falling wedge pattern, which could lead to a massive move up to $4,000 if it breaks out to the upside.
- This potential trade is considered highly lucrative and preparation is advised.
Market Outlook
- The Bitcoin dominance chart is being closely watched, as a breakdown could signal the start of an altcoin season.
- The potential altcoin season is expected to be significant due to currently depressed altcoin prices.