CNY Day 2 Analysis - BTC

Price action (11 Feb 2024)

- Inverse Head and Shoulder played out to 48K (done)

- Cup formed (almost); Can form at 49K (almost done)

- Bull flat extension Fib 1.0 to 49K (almost done)

- Bear flag Fib reversal went above 61.8 (45K) and even tested and stayed above Fib 78.6 (46.8K) - (Done)

- Overall bullish, so where will the handle pullback to and then breakout to? 51.7K is one target. 


Disclaimer - Cup and Handle is not one until neckline is broken through

But looks good for now

BTC - 11 Feb 2024

@melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  

$Riot Blockchain, Inc.(RIOT)$  

$Marathon Digital Holdings Inc(MARA)$  

# Roar with Tiger as Dragon Appears!

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Comment12

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  • macroB
    ·02-11
    TOP
    $mara looking goodd
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    • AsphenReplying tomacroB
      haha
      02-12
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    • macroBReplying toAsphen
      Huat times, Good times! hope this dragon year brings you a more huat, Happy CNY Asphen !
      02-12
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    • AsphenReplying tomacroB
      those times... 20+ 30+ even 40+ haha

      2021 were different times

      02-12
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  • Deposit
    ·02-12
    v good!
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    • Asphen
      indeed
      02-12
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  • melson
    ·02-11
    [Happy]
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    • melsonReplying toAsphen
      [Applaud] [Happy]
      02-11
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    • Asphen
      😀 waiting to offload my riot 😀
      02-11
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