As we can see on this chart; if we consider that bitcoin is forming a falling wedge ( watch my previous idea), it may reach 9800 $ in a few days or weeks. It has more chances to hit 61.8 % of Fibonnaci which represents 9363 $. If it goes higher, it will hit 9808 $ according to the Fibonnaci (78.6 % of Fibonnaci.
As we can see on the chart $BTC is forming a huge falling wedge , which may, potentially end when it hits 61.8 % of Fibonnaci (7200 $ )
As we can see on the chart BTC has formed a falling wedge which may potentially end when it hits 61.8 % of Fibonnaci. We can also see that BTC is forming a huge triangle which will end in 2021, this will be the biggest BullRun that we've ever seen in the crypto history.
BTC WXY (3-3-5) correction is over. It is a good time to buy Bitcoins. Expect new highs.
As we can see on the chart, $BTC started to pull back and bounced on the "ma" 100 on the weekly chart. It has to reach the 38.2 % of Fibonnaci level to keep falling and reach the "Bottom" which represents the 61.8 % of Fibonnaci of the previous Bull Run.
As we can see here , BTC made a breakout the little triangle that it formed the last few days. It's now going to reach a strong resitance and bounce because, a descending wave has to be in 3 steps: A fall, a pull back (1) and a last fall. Why the 7200 ? Because it represents the 61.8 % of Fibonnaci, most of the corrections end when this level is reached. Then $BTC...
Before you start telling your momma that "BTC will go down to 1k for sure" take a look at the previous bull market where we had almost the exact same kind of drop before shit really got real. We dropped about 42% and all the way back down to the 100 EMA (blue line). This is still nothing to worry about!! Relax your souls guys! Nobody knows if we are in a bull...
Bitcoin is pretty much harmonic in past few month. Many Bat and Gartley patterns are successfully printed on the chart. This time bitcoin is showing the formation of Bat pattern which is mostly likely to touch two very important levels 11300 and 12000. Intresting facts is that last two pattern printed by bitcoin are both bearish patterns which is holding support...
BTCUSD closed above the 12h 50 sma. Multiple times in the recent pump, this has led us to a breakout and to massiv gains. Bullish!!! Happy trading!
Analysis of the daily BTCUSD market. It appears that prices have rebounded off of the 100 EMA . The next major hurdle for a bull market would be for it to close above the 50 EMA. If the the 50 EMA is able to successfully act as a level of support I expect the market to rise to the level of the weekly pivot point around 11600.
I Don't Know If This Is Possible or Not But BTC Weekly Chart is Really Bullish
Bottom idea for BTC. Coin is maturing this is good. Cheers everyone and hello from the past future people
Sorry for being such a die-hard bull with my "looking to buy if price goes down" ideas. Evens it out with my "looking to sell if price goes up" die-hard bear. Well according to brainless BET cultists. Well not really they will call me a "permabear" in both cases. But according to BTC fanatics IF they had a once of logic in them. I got a feeling BTC is not going...
Speclation about BINANCE:BTCUSDT is always confusing for a new comer to understand what is going on in the market ? To be frank, thats make this amazing cryptocurrency a pain in the @ss for traders. You cant predict whats gonna happen next. From my analysis, I believe there are two possibillities, Bull Run and Bear run >> BEAR RUN If the Price breaks down...
a comparison between the recent BTC bull run and parabolic move to almost 13.8k and the 2017 BTC parabolic bull run and fake out.
$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.
Buyers need to breakout this top of the range consolidation. COINBASE:BTCUSD A big bullish candle a this price could be a very strong signal of a longterm bullish market for the COINBASE:BTCUSD and the cryptocurrencies world. What your thoughts about that ?
Welcome to my weekly TOP DOWN ANALYSIS. Quick review of what im seen this week in the crypto markets. If you like my content give this analysis a like! You help me a lot and its free. "Always trade what you see, not what you think its going to happen" Namaste.