Unfortunately, many of my trades were taken off because I had linked my youtube channel to the trades. But I had previously talked about this head and shoulders forming at around 10k, now it seems the shoulder is intact, and this would be a fantastic opportunity to scale in at the last potential chance to grab bitcoin under 10k. This is at about the very low for...
We are in the middle of the final shakeout before the May. We have two long term trends at play. We have the trend line that started from the Dec 2018 bottom, which later acted as support for the 2019 bottom and is likely to catch us again in this month around the 8000-8300 range. We also have the downward trend that began at the Dec 2017 top and was met again...
Common Sense is required to Understand this Idea. It's S*it Easy and Simple. MACRO TREND SHS indicates a Fall of 17% ISHS with Shoulder Support at 7600 200 MA @ 7600 SHS is exactly supporting ISHS Support Level. Where, 200 MA is co-inciding this zone. $7600 is the Bottom before Bitcoin Halving. Micro Trend Price will test $7600 in a AB=CD...
Bitcoin halving set up BTC TO 20k HALVING WILL SPIKE BTC DOWN TO 10,840
30% more to reach golden pocket. - Popping out of the bear trend - BTC halving - Bull vs Bears What do you think? Will it surpass the golden pocket? and the ATH last year?
I decided to play with a visual representation of the halving history, and then project it. Just for fun. Measuring from the rock bottoms before halvings, and up to the tops after, with percentage gains and elapsed times. And then the corrections after tops, the loss percentages and time to rock bottom again... roughly 85% loss both cycles The approximate halving...
P.S Im a bag holder
I was recently asked of my opinion on how I could possibly come up with a Papa Bear Projection Chart where the correction period takes over a year long - one that takes us well into next year, and into and over the next Bitcoin halving date of May 2020. I figured it would be easier to simply print a chart for reference. A picture speaks a thousand words....
Very rough guide. Based on other halving/ trend graphs. Buy BTC upon halvening. buy and hold strategy.
We're either at the bottom already or we're completing the Wave Z correction. I measured using Fibonacci Ratios as well as the subwaves. It's confluent with the January timeline. Remember BTC pumped January of 2019 and likely to pump again on January 2020 which is inline with the January effect on securities (investors/traders withdraw for the holidays on December...
My macro Analysis during the whole year together in the same chart. Take from it what you'd like. I find the 'ascending' triangles having wel worked effects, any feedback or random thoughts please enjoy commenting. PS Not sure 'stock to flow' indicator is right/valid.
Now we have strong support, if 6800 Breakdown we will go to around 5600. That is mean , if you want to buy BTC buy now with small stoploss (when the price drop down we will buy from ca. 5600) or you can buy after breakout 9400 with daily Candel. The zone between 4000-5000 is very important for Bitcoin, if Bitcoin go under this zone we will go to visit new Bottom...
BITCOIN, It may still fall on the last two supports Today all the main media available to bitcoins have been violated and we are in the area of potential purchase by buyers. I believe that in any case, given the large shaded volumes and the sudden collapses, we have slowed down the spirits. The current correction seems to depend on small purchases, whales must...
Long-time forecast for the next halving_
Do you think BTC will go down near to 5000$ for next months to then in 2020 start a bull race to the moon after halving? Or maybe it's a "buy the rumor and sell the news" and it will moon before the halving and then dump as hell?
BTC possibly can reach it's bottom around 5k USD by the date of Halving. I have drawn possible price movements on the chart.
Here is a thought about Bitcoin dominance in the market, over the next year. My twitter: @CryptoWolfy7