to drink we will only do an analysis of Bitcoin btc now in the late afternoon of Brazil Here it is already almost May 30th 23:50 guys despite the prediction of some Knights of the Apocalypse who want because they want to see Bitcoin below 30 thousand dollars that make dismal analyzes about bloodshed is economic the fact is that the news does not stop reporting that more and more institutional capital door to door in the world crypto to door in Bitcoin I only see news that billionaires surrender the crypts and they buy a big Bitcoin half a Bitcoin and the sardines Theoretically they fall into and in the Canto da Sereia of these analysts and let's say they are committed to the Sterblitch institutional menu and they end up propagating this Canto da Sereia this supposedly untied bleed that never comes logical to Bitcoin came from a vein of a brutal hose but It corrected 53 percent of the Top or Bottom right, let's put it here in 8 hours for you to see and the brutality of the Bi correction tcoin from the Top or bottom look here at Bitcoin let's put it here in the put in two days so the graph doesn't get so polluted and look here from the Top to the bottom people doctor po at the bottom that was Bitcoin here it came out of 64 1854 dollars and hit $30000 then correcting the 53 points 74 percent and it's obvious that one This was all Bitcoin Walls of every quadrennial Alvim in May 2012 had a Halloween that generated web 2013/2014 that led to Bitcoin from 32 dollars to 1166 o in May 2016 there was another Hall in which the 2017/2018 sludge race generated the Bitcoin from 1,166 to 20,000 dollars and image 2020 had the other Bitcoin rauen that cut the mining fee by half that took the 20 thousand dollars Bitcoin is taking the 20 thousand dollars Bitcoin and the target of the end of this bull race is the range of 240 220 thousand dollars and none of them none here in this race in this hole 2017 the correction was of thirty percent here in 2013/2014 and it was of 68 percent I'm not mistaken here was 53 and none of these bullfights is the lack of a brutal congestion and a brutal correction here of course Bitcoin went from 32 to 1166 in that our non- log regression graph linear we know more or less you can get an idea of the degree of multiplication that this represented from 62 dollars to 1166 Bitcoin it multiplied to 600 Because it was almost I don’t know 10 thousand percent I don’t know exactly here here here 2012 to 2013 was 694 416 e339 percent This chat is here we have an idea and the level of correction that we expect in each is the congestion that happens in the middle of a bull race It is logical that the Knights of the Apocalypse will always sell the idea that there will be more correction maybe due to lack of knowledge of the Bitcoin asset I have been accompanying Bitcoin since 2014 I have some I have some intimacy with this asset and I know exactly what there are 20 usually apr ontar But I can my technical analysis now that I'm going to draw it here, it's subjective I can make mistakes but I have for myself that this channel of this high virtual channel in this collection will be respected people Bitcoin is now at 35507 500 and 500 now right And you PCs are making funds now ascending just climbing the base of the bullish channel So folks it is obvious that Bitcoin Theoretically could lose it could lose this bullish channel start a train could But it is probable It is not probable for this is what I say that my technical analysis doing this reading here of this Bolshoi ballet it is subjective but you have to have the ability to assess whether Bitcoin has actually made the bottom of it in this congestion or not because there are people I see I come there are people saying that the crypto winter is here, it's complicated, right now that institutional capital is coming
As the crypto winter is here, it means that these billionaires who are coming to of the day in the black world so entering winter it's not feasible, right guys, so I gave it This is the drawing I make of asset movement and Bitcoin, in my opinion, it's going to climb this high virtual channel I can be wrong yes I can ok wrong but it's likely that I'm wrong is very Unlikely So guys I stayed here this afternoon doing my studies here my brushstrokes I have for me that this channel won't be lost at 4:00 we almost almost lost the channel but Bitcoin left one Big wick down and went back into the channel then I came for two o'clock and saw that we really put these all these funds on Bitcoins have respected this channel they will see if it can make this impulsive kick towards 41 thousand dollars now that's where it is mm200 If it breaks, go look for the moving average to see the monthly happy which is at 44,000 dollars and the annual which is at 45,000 dollars Hello everyone, this Bitcoin analysis is there in the late afternoon of Brazil m three minutes to the thirtieth of May here in Spain ok guys if you identify any sudden movement not even in Bitcoin Mainly I make a video at dawn for me there is no bad weather the crypto world is very present in my life and I will if I need record and make some Alert at dawn I do it too no problem ok big hug any sudden movement in the market i'll come back to
