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Some Valuable Information as regards Btc Analysis for a Possible Bull run Season

We saw btc broke the structure of a falling wedge on higher timeframe to hit close to it all-time-high, which was not broken, hence a retracement.

As from January it has been a repeated pattern on btc chart, one month bullish, the next bearish but the month of September and October broke that repeated pattern.

I expect btc to retrace to around 66k zone for a proper breakout and also an opportunity to move along with some good altcoins,

Just like last month prediction, the first week for this month is likely to be bearish (accumulation and manipulation) and then we see bullish at the other three weeks if the retracement holds... If btc retracement fails to hold at 66k, then 60k may come and if that takes us inside the falling wedge again, it will be another struggle to push out... Wait for the retracement, wait for confirmations and take position.. If November ends bullish (a three white soldier on btc monthly) it will be a very very very bullish December too and so on...

Base on fundamentals, we may see lot of volatility in the market, since technically a structure has been broken, we may see liquidity grabs in different levels... If this retest to 66k fails to hold, and we go within the falling wedge again, btc may be forced to revisit 60k or below again...

Alt coins are not looking good yet, hence the need for btc to drop and take them along for the next leg up...

A better opportunity to accumulate some alt coins when you see them at cheaper price... The trend is bullish, but for how long? What will happen after the election?.. Let always keep in mind to take profit were necessarily, do not FOMO, don't buy the tops... And manage your greed...

Btc-dom analysis

The chart for btc dom shows that it hit a very high resistance... All time high... And whales 🐳🐳are so much into trading Bitcoin than altcoins... That shows how bad it would be for altcoins if btc keep dropping....

Btc dom is super bullish on higher timeframe... Hence we need btc to keep it head up so as to safe altcoins till btc dom begin to retrace... Always know this, the market will give u opportunity to buy again

Ask yourself this, why is that btc hit all time high but 95% of altcoins didn't hit their own all time high...

No doubt we are in a bull season but not yet a Bull Run...

Take your time to read through,.. It will guide your trading this month, I don't know all, I don't own the market, but this is my little perspective about the market, I hope you don't loose assets and resources

HAPPY BLOGGING AND READING

HAPPY TRADING
SEE YOU AT THE TOP
Note: ALL SCREENSHOTS DONE WITH IP15 MOBILE DEVICE