Bitcoin to break all time high

Here's what we're seeing in the charts

GM Explorer! On Monday, we mentioned that this week would be a significant one for the crypto market.

It was a make-or-break week, as Bitcoin could decline or rebound sharply depending on the outcome of the several crucial economic events scheduled throughout the week.

Any negative data could trigger a massive drop in Bitcoin’s price.

However, we also predicted that Bitcoin would first dip below $90,000, regardless of the overall outcome.

Screenshot from Monday's Newsletter

As anticipated, Bitcoin did wick below the $90,000 mark, resulting in almost a $1 billion in liquidations.

But here’s the twist:

Bitcoin then climbed back up and ended the day at the same price where it started.

Anyone familiar with basic technical analysis knows that this could indicate a potential trend reversal, but confirmation was needed from the subsequent candlestick.

BTCUSDT Daily Chart

When the inflation data was released the next day, it provided Bitcoin the bullish momentum it needed to kickstart its upward rally.

Our premium subscribers were well-prepared and took full advantage of the week’s movements.

We sent alerts to our premium subscribers almost every hour, keeping them informed about market developments and suggesting optimal entry & exit points.

Here are some of our big wins:

  • Bought $Ai16z at the bottom ($0.92) and rode it up to $1.50 (that's a 62% gain) and got out once we began to see the breakdown.

    (See screenshot from our telegram channel below)

    Screenshot from our Telegram Channel


  • Bought $ARC at $0.228 (that was really close to the bottom), our premium members achieved an impressive 113.07% gain on this trade.

    Screenshot from our Telegram Channel

These are just a few examples of the gains our premium subscribers realized over the last four days. It has been an incredible week for our community.

Here's What We're Seeing Now

Bitcoin has just broken a significant trendline, which indicates that it has exited the downtrend.

BTCUSDT Daily Chart

To confirm the breakout, we need to see Bitcoin close above the trendline. Even more importantly, Bitcoin must close above $102,756.

If it does, this will indicate that it has printed its first higher high (since it swept below $90k) therefore confirming it's bullish trend.

We're optimistic about the breakout due to the impressive economic data we've seen recently.

We believe that Bitcoin is ready to make a new all-time highs.

If you haven't fully invested in Bitcoin yet, now is the time to do so, as the opportunity is closing.

As for the altcoin market, if you want to see which coins we're buying and how we plan to navigate the rest of the bull market, you'll need to join our premium community on Telegram for that.

Here’s the link:

That’s all for today. We’ll see you on Monday!

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions.

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