Comparison of TA and temperature maps liquidation.
Top rising wedge - $100,500, target this pattern - $89,000;
Look at the liquidity map, the main liquidity is $100,500 and 103,500, also a lot of liquidity below $95,000 and up to $89,000

Attention🚨🚨🚨
In this picture you see crypto prices on May 8, 2020 and the corresponding prices on May 8, 2025
Who else is afraid to invest in crypto?😜

Venezuela. Due to the hyperinflation of the bolivar, millions of people have switched to using cryptocurrencies (especially Bitcoin and Dash) as a means of store of value and payment. Crypto is changing the world! 🌍

Alert🚨 #Bitcoin has broken out of the rising wedge, reaching 99k!
I still see signals of a short-term correction, so it may be a false breakout.
I will note that after yesterday's Fed meeting, Bitcoin did not drop. This is a result of buyer power 💪

In just a few hours! 😃

There will be fewer counterfeit drugs!
IBM has developed a blockchain system to track the origin of pharmaceutical products.
Crypto is charging the world! 🌎

NFTs help artists earn directly, without intermediaries:
For example, digital artist Beeple sold NFT art for $69 million at Christie's auction. Crypto is changing the world!

I'm guessing on candles!
Bitcoin has not come out of the rising wedge, which I have already written about and has already given a double top.
Going long is very risky when this happens, because it is possible to work out the "M" pattern, the target of which is still 89k.
Today is the Fed meeting

Another option for #bitcoin!
If the 89k support zone is broken, then perhaps #bitcoin will continue its consolidation until September.
In the picture, the falling triangle pattern, the target of which coincides with another "cup with a handle" pattern - 116k, which I wrote about earlier

Why the Fed meeting will be positive for #crypto:
- the labor market has stabilized, the employment rate exceeded expectations by +177k jobs;
- Inflation is also stable at 2.7%, which gives more flexibility to the economy. If not tomorrow, then perhaps in the summer they will cut the discount rate📉

Update TA #bitcoin
#btc as I said a few days ago is in a rising wedge, correction to 89k is possible. Maybe there will be some manipulation before the Fed meeting.
As for the FED meeting itself, I'm bullish🚀

What are my expectations for May for #bitcoin?
Historically, this month has been the most profitable #btc. There is reason to believe that the bullish month will confirm its title. The main pattern is a cup with a handle, target-120k, only a boost is needed, for example, a cut in the discount rate 😉

Look at this trend line I drew it a year ago and according to my data #bitcoin has not bounced off it this year. I consider correction target to be 89k but I do not deny that the correction could be larger. Let me remind you that Fed meeting will take place next week and this may provoke volatility

TA $BTC. #bitcoin confidently overcame the falling wedge and now I see 2 main patterns:
this is a cup with a handle and a rising wedge.
In the near future, a correction to 89k is possible, but by the end of the summer #bitcoin can reach 120k🤑

What do I expect from the Fed meeting?
Powell will announce the rate, and with2.8% inflation, a cut is off the table.But the real issue is the money supply: M2 rose3.9% in January to $21.56T, its biggest jump since July2022
More money-inflation risk, making rate cuts unlikely or even hike possible