BTC Pivot dates May 2024
By mastering the art of decoding naked charts, free from the distractions of indicators, you'll unlock the secrets of the market and gain a profound understanding of the game.
Many people tend to over analyze and complicate things.
The truth is no one knows what direction the markets will go until price reveals its secrets.
Price breaking above or below the red zone is what will reveal point of entry and direction. Price can either move lower to 53k or higher to 81k in the short term.
I've identified key time squared pivot or consolidation dates as May 6/7, 9th, 12th, and 19th.
A new cycle is set to begin on June 2nd, and the direction of Bitcoins price leading up to this date will be crucial in determining the market's trajectory in the new cycle.
It's also important to note that new cycles and pivot dates often bring reversed momentum.
Many people tend to over analyze and complicate things.
The truth is no one knows what direction the markets will go until price reveals its secrets.
Price breaking above or below the red zone is what will reveal point of entry and direction. Price can either move lower to 53k or higher to 81k in the short term.
I've identified key time squared pivot or consolidation dates as May 6/7, 9th, 12th, and 19th.
A new cycle is set to begin on June 2nd, and the direction of Bitcoins price leading up to this date will be crucial in determining the market's trajectory in the new cycle.
It's also important to note that new cycles and pivot dates often bring reversed momentum.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.