This pattern is only an estimate which is not necessarily accurate, but this pattern is taken from the history of the Bitcoin pattern in 2019. The 2021 Bitcoin candle pattern makes 2x the rise to the 2019 pattern. always remember the adage "History may not come back but the pattern may repeat itself" Dwyorr
My bitcoin price prediction as the above graph, to the end of this year, price is around ~ 10000, you will amazing why is so near current price, aha?
I think bitcoin is near the correction, and after correction need some time to recover and gain upside move momentum.
My previous prediction in Mar 2018, aligned with the bitcoin trends very well.
The weekly chart above shows potential price levels, which can be reached in 2019 based on the technical indicator.
Potential growth for BTC/USD (COINBASE) in 2019:
+55% gain for target 1 (price level around 5 877 USD )
+160% gain for target 2 (price level around 9 890 USD )
+305% gain for target 3 (price level around 15 330 USD )
The lower the...
By comparing the fractals we get to find there is a lot much room left for Bitcoin to fall before we can again start the new Bull run. I have marked where I think the Accumulation floor can happen. 200EMA is acting as resistance for now and also we can see RSI is also facing a resistance. I would start buying once Bitcoin successfully can cross above 200EMA and...
Hello dear friends and traders.
I hope you weren't rekted this year!
In 2018: Speaking in terms of investing and trading, we went through a lot, I am convinced that the most difficult thing for crypto is over and 2019 will pass under phase of recovery. I hope the lessons that the market has taught us in 2018 will not be forgotten, and at the new stage of the...
Investors entering with short positions should be careful with the possibility that these last day moves are a false bearish break.
In the last few days we have opened short positions in several futures of the blockchain sphere for the next 2 months. Our target for Bitcoin in January/February is 3,000 to 2,000 dollars.
The triangular pattern that BTC crossed...
The waited break of the price will be very probably at the begging of December.
Technically, there are more probabilities of a bearish trend; adding the fundamentals, there are similar probabilities.
In the short term is better to be prepared to both bullish or bearish scenarios.
Strategy
Sell Stop: 5 200
Stop Loss: 6 200 (<=1.5% loss)
Take Profit: 2...
