In this video we discuss the Bitcoin forecast as we finish out the rest of the year (Crypto Spring). We are keeping an eye on the triangular area between the Maximum Halving High Pressure Zone and the Future Halving Price Line and the potential that bitcoin could meet significant downwards pressure in this area. Also, we're looking at the 365 Day Moving Average,...
Hello my dear readers! Many of us find themselves drawing parallels between past and present, searching for clues about what the future holds for Bitcoin. In this analysis, I will explore the comparison between Bitcoin's market bottom and rebound in 2019 and its current resurgence in 2023. Can we project a price target of up to $47,000 based on this...
Here is the update on history of Bitcoin. NEW +1 Phase spotted. I find 7+1 Phases of the bitcoin from the top of 2013. 1. Descending Triangle Phase Price in form of triangle, in 2013 this pattern last for about 398 days. In the 2018, we can see similar triangle shape and price last here for about same period in 341 days. Next phase 2. Ascending Triangle Phase...
Hi fellow cryptopians and crypto enthusiasts. I am going to make a fairly bold claim here today. First off we have a bitcoin hash ribbon buy signal quickly approaching us (within two weeks) which could pump us to 50k. If this does happen it should be followed by a correction that gets boring for 4 to 5 months and should spark the new bull run by march 2023 the...
BTC - BITCOIN LEGACY - the big dog took a look at this beast on the monthly; going to keep an eye on this one as we go forward as a zoom out reference. its all there on the chart, two obvious comparison periods. now check the momentum levels. tbf we have macro disasters left right and center, so these levels make sense. maybe a good long term map here; im...
This month, BTC teeters on the edge, poised for a breakout or breakdown. Watch key levels: resistance at 31K and support at 25K. Crucially, the price nears the triangle apex. The closer we get, the more explosive the breakout. Stay tuned!
Bitcoin is still clearly in the bear market and won't make it's initial big push out for 6 months most likely. This should be good news to you if you are stacker. The bears have a strong hold over price action, but as we can see on the RSI, the hold is weakening with bullish divergence forming in this underling indicator that simply determines "relative...
We don't see a drop in Bitcoin . There is no money or investment that falls forever. Unless Of course the system crashes. I do not give investment advice. As soon as it breaks 28800, they will try to blow up all the crypto. Stop-Sell = 27999 Don't worry, sell it. Supported. 33000 (buy %5) 31900 (buy %5) 31000 (Buy %10) 30200 - (Buy %15) 29400 (Buy...
Technical Analysis: - BTC is doing wave (3) in blue which is part of wave ((1)) in black - When wave ((1)) is completed, we expect a ABC correction in wave ((2)) in black around at 32,500 - H1 & H4 right side is turning up Technical Information: - We only consider the buy opportunity in wave (4) in blue once it's completed
Hello Traders, Everything is on the chart. First of all, this is not my preferred scenario, and I still believe we won't see new lows unless we experience another Black Swan in the market, and we have to be prepared for any outcome. The bottom could be in before Bitcoin ETF acceptance and Halving. This scenario has a 20% chance of occurring imo. Please see my...
Hello colleagues! We are continuing our new section of clear trades. Today we'll talk about BTC. In the previous trade , we correctly identified the direction of the market. However, the market did not give us the opportunity to enter a position where we were safe: Today, we will try to catch a short-term trade within the consolidation. Since 15 August, the...
Accumulation period as 2015 we make a double bottom or lower low with liquidity grab at 16.5-17.5K and have range at 19-21K which gets over pretty quickly (fractal in pink) Accumulation period as 2018 we make ~84% down moment at 12-14K and have range at 14-16K which gets over pretty quickly (fractal in Blue) My stomach says it will be 2015.
This Bitcoin chart right here is a monthly timeframe chart. We all have been expecting this bear market to be over but it keeps deceiving us. Here is a clue on what to expect in the coming month. Based on 2017 bear cycle that lasted for 27 months (821 days) as displayed on the chart, we see the current 2021 bear market following the same trend. We have four...
Considering that extraterrestrial beings also use Bitcoin for their financial transactions, we should not be left behind... Bitcoin will definitely have a temporary drop and then a significant rise. We are waiting for shopping areas for spots. Two areas are considered. In the lower area, we reduce the average purchase price. The minimum profit of this...
- Despite the silvergate mini Fud, BTC still on his consolidation trend. - this Fud just caused a faster mini retracement but it would have happened anyway. - Next Fud could concern Stables Coins, They are trying hard, no smoke, no fire. - Whatever, at one point BTC will go his natural way....
Wave B or maybe 2 Complete Reversal and Soon Dump Target ~$20k
Today, we're comparing the current price chart with the 2015 - 2017 cycle. The cycle of 2015 - 2017 is highlighted in green, juxtaposed with the current cycle. Just observe how the modern price dynamics are mirroring the prices of 2015 - 2017. Our correlation coefficient? A staggering 80% plus. 😮 Without any extra strain, the resemblance in price charts is...
Definitely, the price support of 29,500 Bitcoin is a fake support and will be broken soon. This one-hour bullish correction is only to collect the energy of the next bearish rally at this time. Let's not forget that Bitcoin is still bullish on the daily time frame and targets of $38,000 are available. Not financial advice