In this video we examine what happens after a Bitcoin bull market fully matures and stabilizes. We also explore the relationship between the timing of bull market maturity and the future halving price, and how this relationship may affect the price action moving forward. Thanks for watching!
In this video we examine the bitcoin price action after reaching category 1 in a Bull Market. We are currently at category 4 and have been holding the category 1 price line at 26,976 USD since March 18th. We are still expecting more upwards movement towards the future halving price in the very near future.
here is my analysis on the macro situation for bitcoin.
using elliott wave, we can see that regardless if a bottom is in or not, this will be the final leg down and that we are going to start a run from here.
elliott wave is able to show me where we are in the market and by using the fib tool, i can get a rough prediction and bounce points.
my targets for the next...
During an uptrend, we have this saying - what comes up, must come down.
The similar notion can be said during a downtrend, but in an opposite direction - what comes down, must come up.
Following this series of downtrend within the Cryptomarket, we can actually maximize the intra-cycle volatility which we see within the smaller timeframes. In this chart, we...
Update to the previous chart " Idea of the Bitcoin Bull Market Channel "
The third pullback (started in April) is currently down from 23% to 54%.
At this chart we can see first signs of recovery after 16 days of downtrend continuation.
Key levels of resistance marked.
As well as two news indicators are added (moving averages):
20 week SMA and 21 week EMA...
Everyone is trying to figure out what will be the peak of the current Bull Market. However, when investing, you need to be forward-looking and think ahead. While the price target for the current market cycle is still very uncertain, it may be easier to foresee what will be the price floor of the next bear market.
Looking at the previous cycles, in both cases,...
Market Wrap: Bitcoin Near $60K as Coinbase Listing Stirs Fresh Crypto Hype
Bitcoin (BTC) trading around $60,120.82 as of 20:00 UTC (4 p.m. ET). Climbing 0.68% over the previous 24 hours.
Bitcoin’s 24-hour range: $59,428.21-$61,219.72 (CoinDesk 20)
BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market...
Bitcoin Cash needed to defend $668.5 support to avoid a breakdown from its 20-SMA.
Meanwhile, Bitcoin was trading at $60,217 with a market capitalization of over 1.1 trillion.
Bitcoin Cash needed to hold on to $668.5 support over the coming sessions to avoid a breakdown from its 20-SMA (red). Additional support areas lay at $629.6 and at $600 and these levels...
It would explain all the new price patterns and movements. We were neither in bullish or bearish territory. We were in a huge Bullish Continuation Symmetrical Triangle and all price movements were taking place within this symmetrical triangle from around April 2017 and will continue till breakout to start next bull run which is expected to be around January...
Since BTC is already digital gold and adaption is just the next step. Considering that BTC was pumping along with January effect and the conflict between US and Iran. Let's consider that I was bearish already during this phase of consolidation from January 8-13 where Iran and US expressed concern to end conflict to not escalate a war. BTC then consolidated and was...
Since the chart above mentioned the RSI 14 weekly showing signs of btc on a bull run or not..in a candle stick perspective we're already right exact at the resistance area of BTC and it will show either we have a retracement-pullback then go back up to a bull run. Or...this is alraedy the top and another correction dowanrds to $5,500ish. Call me repetitive but I...
Notice if BTC goes and finds support above RSI 14's 50-52 level. It says in the bull run regardless of bearish divergences which are irrelevant at uptrends. If it's below it, it's a bear run. We're now at the breaking point where BTC will either break above these levels and confirm a bull run...or not.
As BTC gets closer to the essential MA200 test supported by the MA1400 on 1D, I have come across a new support level level, which has been missing from key analyses out there.
It is known that the Halvings historically signal the start of the new bull market on Bitcoin that escalates into a parabolic run. What we have been missing is that since the Halving the...
