Where do you think Bitcoin will end up at the end of the year? I personally think somewhere around 250-300k.
No your eyes are not deceiving you, and yes these different chart sections. The first chart section is just prior to Futures Expiry in Jan. The second section is Now (just Prior to Futures Expiry). he similarities are UNDENIABLE!! According to this analysis the price break out should happen in a few days around the 26th of March to April 1st. I have a...
It was just a matter of time before Ethereum could shine again. With Bitcoin cooling off, that was the perfect scenario for Altcoins and Ethereum to run. In January, Bitcoin has mostly traded on the downside, while Ethereum has quietly but steadily outperformed. When many DeFi-related coins double or triple in price in a matter of days, Ethereum meager 60%...
New year’s is known to be a time to step back, assess the past 12 months past, and reconnect with your ‘big picture’. For many, the calendar year is little more than a convention… a mere habit - only really meaningful to auditors. In spite of that crypto investors, and Bitcoin cycles, seem to place heavy significance on the turn of the year. The last two bull...
Bitcoin had one of its most phenomenal years in 2017 when the coin reached $19,500 for the first time. It took BTC three years to reach that price level once again. A good number of people are now wondering if this will play out similarly to 2017. However, based on the data, we will head significantly higher this year! YTD Growth In 2017 we experienced an...
Bitcoin has already tried and failed to break the newly formed $16,000 resistance twice. The third time was a charm and a breakthrough was finally achieved. Current Uptrend Analysis Since October 8th BTC has been in a near-constant uptrend, growing by more than 50%. One of the best indicators for judging the uptrend on the 4h chart is the 50 EMA. The 50 EMA...
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...
Looks like LINK is hitting the top of the wedge. Will it drop soon vs BTC? Linkusd is also hitting resistance and would have enough downside. The question is, are people selling Link for BTC because of a BTC bullrun and accordingly LINK will fall vs USD, or will both btc and link drop...? Or am I all wrong about the wedge and LINKBTC just keeps on rising?
LONG, i have clearly shown what i see to be going on. Also this pair has broken out on the daily timeframe! I expect a slow move until we break 0.786, once we break this first target is 0.5 fib level where i see a small amount of pullback to the 0.618 fib level. My overall target would be the -27!
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.
If we don't pump on January 2020 likely it can happen anytime between the 1st quarter of the year 2020 OR at most 2nd quarter of 2020 which is the may halving. Also note that BTC corrected middle of 2019 June so possible that the maximum bottom will be on middle of 2020 which is May. Note that May is also the halving of Bitcoin.
We are currently at the wave B of the 5th Wave of this ending diagonal. Will this be it?
BTC is been moving inside parallel chanels, each channel is getting more narrow, RSI, STOCH and MACD are showing a formation of a Bearish divergences this never happened this year ont his time frame in all the indicators., This couldbe the last stage of this uptrend then following an ABC correction going through all the channel until reach the bottom of the last...
On the Daily chart, this is the potential long setup I mentioned in my Telegram group yesterday. If $8,200 is broken which is not yet confirmed, but looks likely, then this long trade may become active. The cryptocurrency market has been very volatile over the months of April and May so this is why I am staying on the Daily chart as opposed to the H4 as well as...
BITCOIN road to 100k+ in the comming 2 years. The market cycle has started again. Maybe this cycle wil be the biggest ever. And maybe it wil go over the 100/200/300k. But realistically a 100/150k is very nice for this comming bullrun. What we see now is a accumulation zone. We need to let bitcoin rest. And i think you can add position add $6000. The...