if price fix above 13200 for few more days we will see 14600 , if 13200 get break then we might retest 12k again , as you know im always bullish on bitcoin . so 12k will be still bullish
btc is on range between 11100 and 10300 , now we have ma50 and 10800 as support . daily break above 11200 will send us directly to 12k . and being weak here will send us back to support zone
Bitcoin Has Entered Into Accumulation Phase, Confirmed By Selling Climax and Followed By Automatic Rally.. I Expect It To Form A Trading Range From Here (10.5k - 11K Range).. Let's Wait For The Change Of Character In A Few Days Time To Confirm Bullish Bias. Bitcoin So Far Has Maintained It's Bullish Momentum By Breaking 11K
I can say only "BUY THE DIP", some orders from 9.9k to 9.2k just in case, believe me this zone can be retested. SOON
2 potential patterns are setting up to return BTC to All-time highs and beyond. Within the triangle we are currently at the neckline of a cup and handle (see ABC&D) that, with a weekly close above, has a target back around ATH. A breakdown from here will see us working on a potential Elliot triangle wave E. The theory suggests this should break below the...
Bitcoin has shattered the expectations of recent our recent charts. The bulls are in, and proof is in the chart and history. Taking a look at the 1W chart, the MACD is showing that it just began a long bullrun. Second, take a look at the green boxes. Whenever Bitcoin started moving up.. it kept going up. There is no time in its history where Bitcoin moved up...
Cleaned up the BTC.D chart, as I feel now that bitcoin dominance is in a consolidation phase along side BTC price action. The D1 BTC.D chart has a falling wedge that is right below the 200 ema. I am almost 99% certain it will break up leading to another pump in dom & price of bitcoin. 68% will most likely take a few attempts B4 finally failing as BTC breaks up...
Does not take a rocket scientist to see what's in play here.
Did we just put in a stealth 2nd wave, and could we be about to impulse to 12500?
Watch for a rejection of the $9600/9800 witha re buy zone around $7800/$8000.
Well... BTC channel may have been a bit shortsighted of me. After looking at the break out more Im now leaning towards this being a full on falling wedge and we just got an iH&S to break it out. Big longs now imo.
BTC is in the area of interest. If it is going to launch it may launch from this zone. Lets watch to see what patterns form around the area of interest. BTC also completed another FIB ABCD (Dropping Diamonds!! lol)
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$BTC #Bitcoin in a clear secular bull trend happening here on the log scale. If considering a relative time frame extrapolating previous data, I can see Bitcoin continuing trend to making $100,000 value by next year. It sounds absurd until it happens.
The BTC is consolidating in the ascending triangle which could be the right shoulder of the iH&S pattern. When would be possible to break this upper red resistance zone, then this formation may be easily our lift to 9600 USD. Time before we could see what power this formation has.