Excuse me! Bitcoin still has a long way to go, but I believe that the next bull market will go beyond any previous one. Both due to the introduction of ETFs and the bitcoin halving. If you look at the prices daily, you can see that it is difficult for the exchange rate to move in a trend direction. But if we zoom in and examine the price by month, we can see a...
First off, what the f*ck? I believe Bitcoin should correct back to at least the 50% Fib Level -- if not the 38.2% -- so that we can see a healthy rally upwards. Years of trading crypto has taught me that every rally has a near equal correction. But emotions and bias will be the death of your portfolio so here's my unbiased analysis of the world's greatest...
Understanding the Impact of Bitcoin Halving: A Comprehensive Guide Introduction Bitcoin, the world’s most renowned cryptocurrency, operates on a decentralized network utilizing blockchain technology. One critical event that has a profound impact on Bitcoin's supply and valuation is the process known as "Bitcoin Halving." This event occurs approximately every...
History Never Repeats, But it Often Rhymes When analyzing the potential impact of the 2024 Bitcoin halving, it is wise to have an in-depth understanding of the price action of previous halving in 2020. This can help us to identify potential patterns and similarities that could play out in the current cycle. Pre-Halving Price Action In the lead-up to the 2022...
Introduction Bitcoin Halving, also known as the "Halvening," is a critical event that occurs approximately every four years in the Bitcoin network. It is an essential component of the cryptocurrency's monetary policy and plays a significant role in controlling its supply. Understanding the concept and implications of Bitcoin Halving is crucial for anyone...
Bitcoin usually surpasses the future halving price in crypto Autumn. Shortly there after we usually start to see alt coins ripping higher at different points throughout the season, all the way up to even early crypto Winter. On this chart I have a few of those OG alt coins (XRP, DOGE & LTC) compared to Bitcoin. The green dashed vertical lines are the points where...
Most of us are familiar with the 5.3 theory with diminishing returns. It's been a fact for a very big period of time. But it makes no sense to contunue like this with the same top to bottom percentages. It literally would mean a lower lows and lower heights. What is the argue with this being the case?
WisdomTree has filed with the US Securities and Exchange Commission for a spot Bitcoin ETF. The company describes the proposed investment vehicle “WisdomTree Bitcoin Trust” as an ETF that will be listed on the Cboe exchange BZX under the symbol BTCW, according to a June 20 filing. WisdomTree's ETF — or any other spot Bitcoin ETF — will give institutional...
Let's cut to the chase. As an advanced analyst, I see a cataclysmic drop in altcoins on the horizon (obviously). This isn't just a hunch; my trusted charts reveal a looming dive to super low levels. Even stable-coins like tether, which often a safe haven, are part of this story, affecting the Total2 index. Stable coins make up about 120 billion dollars (20% of...
Whether up or down, there is a high probability of a significant price movement breaking through the channel this time. Therefore, chasing trades may be more favorable than counter-trend swing trades this time. If it breaks below 25,400, go short. If it breaks above 27,600, go long. However, it is important not to forget to set a stop-loss immediately if it...
Some analysts are calling for a wave 5 bull run to a new all-time high to 100k or more, any day now. When putting this idea up next to the next scheduled halving on approx. April 15th of 2024, does it seem like it makes sense given Bitcoin's historical behavior around halvings? It could make sense if it broke above this rising wedge and continued higher beyond...
Btc going fall down in coming days. But Even if there is a bitcoin pump, it will go to a maximum of 35k to 42k. After that he has to fall down very badly 18k. If Bitcoin seems to be pumping, you guys don't think the bullrun has started. Because if we analyze the chart from the previous halving, Bitcoin looks like a dump. This is a swing trade, it may take time...
From a technical point of view, it is seen that Bitcoin making its 4th boom-bust cycle move. The black line I drew on the logarithmic chart has been acting as support and resistance regularly since 2012. The past 3 boom-bust cycle patterns have been applied to the cycle that we’re in right now. The Yellow line is between 2012-2014; The blue line is between...
Based on Elliott Wave analysis, we clearly can observe that bitcoin has completed a wave 1 bullish impulsive wave and currently it forms a wave 2 correction wave, which can last most probably close to 200% the time of wave 1, which coincides close to the time of the halving. The correction will reach at least reach the 61.8% retrace and most probably the 71.8% to...
In this video we explain a new item we found in the chart which we call the "Halving High Pressure zone". As we approach the halving date there is ever increasing downwards pressure on the bitcoin price. After the halving, as we move away from the halving date this downwards pressure decreases which results in upwards price movement. Could this be half the answer...
Prepare for the next bull-run. I think strong hands are accumulating bitcoin slowly. Bitcoin will not always remain cheap.
Hello! Today I would like to share my observations regarding the current situation with Bitcoin. Currently, Bitcoin is trading within an ascending channel, which is a positive signal. Its current position in the middle of the channel may indicate that we can expect price fluctuations in the near future. However, it is important to note that we need to closely...
#Bitcoin 🔥🔥🔥🔥 "Bitcoin is a remarkable cryptographic achievement... The ability to create something which is not duplicable in the digital world has enormous value." - Paul Krugman, Nobel Prize-Winning Economist. -BTC bullish signals MACD and Bull market band!