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Wednesday Update - Bitcoin

Welcome back!

As you might have noticed, we slightly modified our count and are very confident in our estimation that the market established a MASSIVE triangle over the last 7 weeks. The bottom line of our projected “Leading Diagonal” has been adjusted accordingly, and this doesn’t invalidate the chart pattern in the slightest.

For everyone interested, check out the (a-b-c-d-e) triangle patterns and how they work. Additionally, we choose to publish a very detailed count of this triangle because we got messages from investors, who were unhappy, that our updates only consist of very simplified counts.

Take a look at these counts below and feel free to ask questions if needed!

12H Chart - Bitcoin (Index!)

This bullish scenario could only be invalidated by a substantial drop below the white line of the triangle or 26’965$, so mark these levels on your chart!

1H Chart - Bitcoin (Index!)

Please note that we are already invested in Bitcoin since the 15th of June 2022, back then we announced our first positions on tradingview.

Long Bitcoin (BTCUSD)




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