I JUST DID THE MONTHLY CHART ANALYSIS OF BTC AND TO BE COMPLETELY SAFE GOING INTO THE MONTH OF MAY 2022 ππ BITCOIN CANDLE NEEDS TO START ABOVE 38,400 PRICE AREA. I will post video analysis TOMMORROW at CryptoMadden.com
Next candle needs to start above lower teal line @ 38.7k price area at 8pm today to stay inside large grey triangle. π If not BTC LOW could fall @ 35,000 price area or lower today. π€·♂️
BITCOIN STILL LOOKING BULLISH GOING INTO MONTH OF MAY π°ππ
Just shaking out the rest of the weak hands before bullish launch.
ππ€π©πππ¨ππ€π BEST BUY AREA THIS MONTH IS 40 THOUSAND OR LOWER.
ππ€―π7️⃣π°π CURRENTLY THERE Are ONLY SEVEN SUPER STRONG NEGATIVE DOWNTREND LINES HOLDING BTC BACK FROM FULL on BULLISHNESS...
In order for bitcoin to get back above higher Thick black Positive uptrend line it needs to close above yellow line today πππ
Lowest BTC flash crash could go is 16 thousand price area, If it can't close above 35 thousand this month.. πππ° (Each color currently shows today's most important support lines.)
Bitcoin needs to close above teal line @ 45,400 price area today in order to be above all negative downtrend lines holding it back from mooning towards 250k price area this month... π₯Ίππ π
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MONTH SUMMARY:
The Low for this month should be somewhere around 40 thousand price area ( Video Here ) π€·♂️ The current high is 48 thousand price area.
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