here it is we pushed above the 50 level we're pushing right back down right down to it right now on the RSI as we pushed above the 50 tried to get a 50/50 bullish signal over here we dropped below the 50 uh on the uh price chart and then we dropped below the 50 on the let me just get this up right here we dropped below the 50 on the uh RSI so you had a 50/50 sell signal the 50s acted as resistance the pull-ups to the 50 have been where you know and and rallying towards it have been where we have seen the RSI turn right back down so right now we're above the 10 and 20 period moving average uh but Bitcoin rallied we were up like 2% over 2% and then we gave it back and ended up with a topping tail in the form of a possible shooting star if that's the case again we could get a bigger pullback still and frustrate everybody even more if you have been on social media you can see that people are just extremely frustrated right now they're tired of waiting i mean you know we had this drop and then you know we've been in this trading range just really just you know going sideways here uh ever since you know February we got the drop and then we just kind of we tried to get out of this range and then we moved back into it we've been in this range uh for a very long time right now getting rejection at the trend line getting rejection at the 50 i told you we might try to pull back before breaking out but I do believe get a breakout i had a bunch of signals start turning bullish when we got above the trend line and by the close those signals those bullish signals went away so again we need to clear the trend line uh we'll be watching to see if we get a deeper pullback i think the low is likely going to hold the risk is we go down to the 2022 trend line and below 74,000 which this was the low at 74,000 around Bitcoin's average price there uh drop below 74,000 but then get back above it i think this low is likely going to hold with the diversions i think that this is going to set up right now a higher low uh so again watching to see are we just building momentum or do we get a bigger pullback right now do we get a bigger pullback for a higher low and then go on our way or stay above the 20 period and consolidate and then go on our way and uh and and be able to do that or risk is we come back and we take out this low uh again I am becoming more and more uh convinced that that's going to be less likely it's still possible but I think it's less likely now i think our bullish divergences on the MACD and the RSI are going to play out macd needs to go into positive territory uh so again we'll see what happens uh if we get a bigger pullback or not again we got this death cross and Bitcoin uh bottomed out surrounding that death cross and again often times you'll bottom out just before it or just after it uh other times could lead to a bare market if we can't get above these levels my guess is we are going to get above these levels but then we got to get back above the pink line right here which is the 100 period you got to get above the 50 and the 200 the black line's at the 200 the green line here is the 50 we've had that death cross the 50 crossing below the 200 now we have the pink line if we can clear this level and get back above the 200 you got to get back above the 100 period bitcoin follows the 100 period moving average when you take it out you're coming back and testing the 200 actually moved all the way down to Bitcoin's average price so again get back above these levels to turn it around lose this area that's extremely bearish you drop below 74,000 you can't get above it that's bearish you bounce here that's bullish but you got to get back above the 100 period moving average here that's the pink line in order to resume the advance and end the selling this bull flag going into the 50 period in the weekly time frame and the the 50week moving average and Bitcoin's average price right here that line right there major support at the 74,000 area also it's horizontal support from the March high as I've talked about now we are 1 hour into the Tuesday session and Bitcoin is down60% after getting a possible topping tail at the trend line of resistance we tried to get above it it failed we got a topping tail there so again do we pull back the 10 period if we continue to see it rise is going to cross above the two 20 period moving average in a bullish cross we'll see been crisscrossing back and forth really just showing uh this sideways move in our double bottom pattern we have a double bottom pattern i've talked about this a great length in detail uh real fast more about that in a second we we had a rally of over 2% we ended down 1.06% uh for the session so uh we ended up giving back all the rally and going negative and then right now we're down again just under half a percent at the moment uh getting rejection at the 50 the green line and the trend line got to clear these levels get back above the 200 the black line to turn this around uh Bitcoin has the double bottom pattern as I've talked about you have the low here and we had a little one over here didn't play out we It was not confirmed but you have one here and you have one right here uh these uh lows these bottoms and then the confirmation line is right here which this is the January low this is where resistance has been so we got rejection there we got rejection there got to be able to clear that if you do you're going to confirm a double bottom pattern you'll be breaking out of the downward trend line and it very well could be that if we break out that we come up into the 100 period come up into this next level of resistance up here this resistance zone here um in the uh mid 90,000 area in the low 90,000 area this range right in here we come up here uh or pull back deeper and then come up here uh and then we end up back testing so the best moves don't back test but if if we do end up breaking out you want to be watching to see if we end up back testing so do we one get a uh breakout back test do we back first do we consolidate build momentum and then go higher we'll be watching to see how it unfolds but again you got a potential double bottom pattern here the double bottom what measures let's see our high right here is at the 88,000 area this level up here our low down here 74,000 so you're looking at about 14,250 or so uh give or take the measurement of the double bottom pattern would take us back up to the 100 just under 103,000 right about 102,000 uh 900 950 right in that range so just under 103,000 the double bottom pattern is the minimum objective target now again this is likely a major bottom uh if the support levels can hold uh so we'll be watching that let's take a look at a couple other charts um before we leave this one we're now down about a quarter of a percent and again we're going to be watching can we clear this you know I had some signals that started turning bullish uh an oscillator started turning bullish uh when we tried to break out but then it failed so we'll be watching that you have this bull flag going into Bitcoin's average price and our 50week moving average we've got positive things going on here we've got momentum in positive territory we've got a bullish diversions here uh we had one over here now we have this larger one right here and it's a positive territory momentum is so that's a positive sign we've had these bullish signals that's giving us these green bars now we've seen that change here we're seeing the impulse line still blue at the moment got that uh turning back to green we got the background turning back to green so again we've got to be able to turn things around here we got to clear this cloud right here we're stalling at it and try to get break the downward trend and get back above the 200 period moving average so positive things but we still may be at risk of a bigger pullback a reversal of conditions a bullish momentum reversal of conditions with the the Bitcoin futures as I mentioned but uh able to break the downward trend line same thing here we've seen momentum turn bullish momentum line turn bullish the impulse line is bullish we have a bullish reversal of conditions we saw the bottoming signals then we saw the momentum signals begin to turn bullish i told you about that now we're seeing uh here the the bars turn back to green they got to stay that way we got to be able to clear the trend line we got to be able to clear the 200 period if we're going to turn this around right here and now otherwise there's more work to be done and we'll end up pulling back the risk is we take this level out my guess is we're going to have that low likely hold uh again even though we've had the bottoming signals and momentum turn balance of power is still negative in order to turn it around we got to get a break of the downward trend line get above the 200 period the black line and be able to see the balance of power go positive so again in order for these signals to play out and mark a reversal very similar signals that we had at this low right here uh in in March and the low over here but those just were counter trend moves again the momentum line ended up going back to red now the momentum lines bullish again so again we could get a bigger move and break the downward trend line i think that's going to be the case and I think you got a good shot of that happening this week bottoming signals first then the momentum signal and other momentum signals change now we need to see trend signals begin to all change that will confirm a bottom we've had Bitcoin momentum we had bottoming signals and we had momentum flip and couple of trend signals have but we we need more we need to see more trending signals flip uh just a few of them did uh but again the Bitcoin uh futures got a bullish reversal of conditions here but we need break the downward trend line we're stalling at the trend line here with Bitcoin futures at our 50 period moving average coin moved up just above the 50 period got rejection there so again if the cloud could remain green we can go higher if we could get the osmos oscillator in positive territory the MACD in positive territory the risk is we get a higher low take out this low again i believe the bottom is in on Bitcoin i don't think that's uh likely going to be the case to break the downtrend in order to uh turn that around again if uh China and the United States move into negotiations which again they've both expressed will a willingness to do so a big big rally if that ends up happening a short trading week for the stock market the stock market will be closed on Good Friday so again we'll be watching to see that closes the week out and can Bitcoin break the downtrend good chance Bitcoin's going to try to do it but right now we're getting a topping tail uh at the trend line we still have blue bars and a green cloud we're still above the 10 period moving average so again if it could remain green we need a breakout we might pull back and get a higher low first be watching to see how it unfolds but if we break out you got to see the osm oscillator go into the positive region it's uh just uh negative here turn back down and we end up coming back and getting a higher low or another reference point of a divergence i I again don't think that's likely going to be the case we're bouncing at key support as I've talked about again we could pull back and build momentum and get a higher low or again if we go sideways you can just try to bust on through it but right now we tried to break out we tried to break out with the Tuesday session and it failed i'll show you in a moment uh but you can see it here with Bitcoin futures with the little topping tail there the rally and then it uh and then it reversed ended up down we still have a blue bar reflecting uh the momentum but we need to see more we need to get above the 50 we need to get in positive territory here with the osmoscillator and the MACD even though we had a failed breakout at least so far still have positive things going on here we still have green bars we're in the positive region of the cloud stalled up the trend line of resistance but momentum turned back to bullish here now we're starting to see a possible change in trend now notice right here uh when we started moving into the negative region of the cloud we went into the negative region and we remained there up until right now so we're going in back into the positive region we're getting green bars and we're also seeing the oscillator go into the positive region so again we could see a breakout in the coming days ahead you might get a bigger pullback but I think the low has a pretty good shot of being uh put in here but some positive things happening with the oscillators going into the positive region now here today we had this rally my bar here it had started to turn green and we started to get the oscillator going in positive territory and then we had the sell-off we ended down 1% and gave back the 2% rally and it ended going right back into negative we still have the bullish diversions here and again you had a bullish diversions right there and then you've got another one right here this larger diversions we got to see the oscillator go into positive territory the bars have to flip back to green you got to break the trend line it's likely going to be the breaking of the trend line that turns a lot of my signals back to bullish absolutely amazing signals here nailing the entire uh downtrend when it ends the oscillator is going to go back in positive territory we'll flip the bars back to blue the line will turn higher with this cloud and it will be green like it was back over here and with this final push higher so this is uh what needs to happen if this is going to end and I warned you about these bottoming signals when they formed i warned you we had all these bottoming signals told you told you we need to see the momentum signals turn back to bullish well we're now seeing momentum turn back to bullish here now we got to see the trend signals begin to flip and that's really going to be when we flip this cloud back to green right here the line starting to turn back to green and we start seeing green like we did back over here as we're forming the top and again I told you we had a a signal very similar to the top that formed over here little miniature double bottom there on the 4hour uh time frame ely amazing signals again I got a lot of bottoming signals now momentum shift now we need to see the trend signals turn do that i think that Bitcoin will be breaking out of a bull flag this bull flag right here that will end up taking us back above 100,000 i think Bitcoin's going to go above 150,000 go to 160 maybe 170 if we take our sweet time get to my trend line i've talked about it at great length of detail in my last update that's my target not a number not a date my trend line and depending on when we reach it Bitcoin um quickly it'll be a lower target if it reaches it higher uh longer it would be a higher target now seeing some of my signals begin to turn back to bullish here here's the line turning back to blue the background's turning back to green the bars are turning green right here uh it's very very sensitive to turns often times again I'll get an early warning here but that could create sideways movement as well well again we got the green bars over here and then they turned back to red and we've gone sideways with this potential double bottom got to be able to clear the confirmation line directly overhead in order to um turn it around and that would give us a breakout of the downward trend line when this is over my signals are going to tell me exactly when you know when it ends and that's going to be probably the breaking of the trend line because you're going to get a bunch of my signals flipping back to bullish here we're getting an early warning that that might be in the not too distant future this is ve again very very sensitive possibly giving us an early warning or more of a sideways if we pull back a little bit uh just going you know back and forth but this signal right here if it's a reversal and we break out and we get the double bottom confirmation it could lead to something uh like what we had over here signals did a really good job of marking the December top the very day after we peaked the reversal happened and over here shortly thereafter uh again that's why we hit those trend lines of resistance in the weekly time frame and that's why I was able to call the very day of both of those tops because of that trend line in the weekly time frame I talked about it at great length in detail if we do have a bottom in and we start aggressively moving higher again if we go back here I'm looking for a move that looks something like this where again a signal could be marking a reversal right now and get the breakout I'm looking for uh and then the runup to that absolutely incredible move calling it and then just nailing the top isn't that unbelievable because I have good indicators proven to be correct 97.1% of the time now I zoomed out to show you how incredible my indicators are how incredible this indicator uh most of the the indicators you see in my videos I've created myself but I want to show you again if we are getting the turn here and we do get the breakout uh again we could be in for a breathtaking uh rally just uh a spectacular uh rise on Bitcoin this could be a U early warning sign if it turns back to bearish you're going sideways but I've got signals turning back to bullish here we've got the green bars we've got the cloud turning back to bullish you got to get that breakout though got to get back above that 200 to turn around we're on a bullish signal with the bars being green they got to remain green again red green red green really just showing this sideways move of really uh potentially a double bottom pattern we get a breakout again we could see a trending move like we had the downward trending move here the upward trending move over here looking for a trending move right now we're going sideways the signals are going back and forth we need a breakout to start a trending move now positive things uh right here got the line moving back to blue from red to blue now the ribbon is moving back uh to green and the cloud is moving back to to green so got some positive things going on here but got to break that downward trend line got to get back above the 200 period moving average it caught the downward trend to cut the upward trend will it catch this next upward move here signals telling us we're either going sideways or up now so again we'll be watching to see if we can get a breakout uh this week or not live it love it learn it yeah and we had some bottoming signals here just like what we had over here and over here but topping signals over here over here at the December and January high we've seen momentum shift got to break the downward trend line have turned back to green turned back to green got to break the downward trend line momentum trying to turn a little green there still got red bars got to be able to break the black line the black line acts as support and the ribbon this ribbon right here is resistance these levels are resistance go higher they act as major support but you got to be able to clear this and turn it around get rid of all the red if we break the downward trend line we're likely going to see all my signals begin to turn back to bullish and we'll begin the new uptrend confirming a double bottom pattern and Bitcoin's going to rip higher my signals which are correct are going to tell me exactly when that happens and you're going to see all my trend signals begin to turn bullish and it's going to be when we break that downward trend line again signals going from red back to bullish back to bearish you know red to blue and green here to red and then back to back and forth back and forth really just showing we're going sideways so you got to have the blue here and the green line you got to have it remain bullish by breaking that downward trend line now here the cloud's trying to turn back to bullish it tried over here and it failed it tried over here and it failed uh it's been consistently bearish through the decline if it can remain bullish we can build momentum to break out if it goes back to negative again you're going sideways uh it's got to be confirmed by the oscillator going into positive territory so far it's not had this turn right here things went bearish with the downward trend right here with the cloud we went into the negative region and then we remained there and we're still there so again the risk is that we get a confirmation a deeper uh pullback for confirmation of a higher lower the risk is that we take out 74,000 if you do you better not stay below it as I've said but again my guess is that Bitcoin is likely bottomed you get a pullback here whether a consolidation sideways or whether something deeper we'll see what happens you got to be able to get turning all back to bullish here cloud's bullish but we're pulling back here risk as it flips back to bearish my guiding light indicator again you got the green bars you've got the bullish reversal signal happening but you got to be able to clear the trend line and be able to flip the ribbon back to to yellow back to bullish to be the guiding light times of confusion and doubt i pointed out the last time I've already pointed this out the last time we got the bullish signal was over here and then it was with the pullback to the ribbon and this happened had this massive runup i think you're going to see the same thing here and we've got the uh bullish things going on here get the break out of that downward trend line we'll see if that happens this week risk of a bigger pullback my guess is we've bottomed but there's still risk of a bigger pullback got the bottoming signals we got momentum signals turning bullish we got to see the trend signals turning bullish and that would be again here the ribbon turning back to yellow got to see the red go away and things turn back to bullish again i am getting signals with bullish signals tried to flip it right here with this move it failed we came down made a new low but then the cloud remained bullish and we got bullish bottoming signals right here uh trying to flip momentum right now you got to break that down down downward trend line and at the moment we're trying to turn the line back to blue got the green background could some of my signals be giving early warning signs here that we're about to get this breakout that we're about to get this push higher things slip back to bearish again you're going sideways for an even longer period of time but the signals here have done a good job of marking the reversals we marked the top over here reaffirmed the lower high then we turned back up and got a bearish signal here and got some bearish signals uh as we've had the counter trends we're getting these bullish signals so we'll see if we can get that breakout here's my maestro the bar is still red here but momentum's turned back to bullish they got to both be bullish you got to have green bars and a blue line breakout will likely do that with the rally we had the 2% rally we tried to break the downward trend line the signal here tried to turn back to bullish with with the uh the Tuesday session it failed we got that topping tail so the risk is we get a bigger pullback right now it's trying it again it's trying to turn bullish here i got to flip the cloud you got to flip the line here to both be bullish the lines turn bullish but we've got to flip the cloud and again breaking the downward trend line uh would likely do that so absolutely amazing signals again calling the downward trend line i'm sorry calling the downward trend and then now going sideways uh again looking for a trending move once we get a breakout and a trending move that will just have everything green that's what I'm going to be looking for when all these trending signals start turning back to bullish and we could be getting it right here right now when we start seeing the trending signals all begin back to turn back to bullish Bitcoin's going to go into the 90,000 range then eventually go up into the 90,000 range pull back then build momentum and we're going to go back above 100,000 eventually back above 109,000 the January peak