Math is the language of universe and chart is the window to the future. Trading below 0.81 indicates bear is still in driver seat and above 0.81 bull is trying to regain control.
The arrows represent every Lunar New Year on the available BTC data in the chart. The cyan arrows indicate the BTC 4-year cycle, which is what we are bringing attention to here. This chart also shows the resulting percentage increase from the 4-year Lunar New Year to the next ATH. Note the dip in 2020 before shooting up, likely due to the pandemic.
BTC is gonna have a major shakeout. God bless everyone
UEMS above 0.89 is bullish, below 0.89 is bearish. If strong bullish momentum suddenly kicks in, January 29, 2024, will be the resistance day; otherwise, February 20, 2024, under normal trading conditions, will be more likely to happen.
If over the next couple of months we move below the EMA 20 (at around 37k by then), it suggests we could go lower, even below the EMA 55 ( maybe around 25k towards the 3 quarter of this year ) I dont know if its too likely we'll reach any new ATHs till at least 2025-2026 sometime, but go ahead. make my day.
📊Analysis by AhmadArz: direct to trend of bear. by R/1.5 🔍Entry: 15.43 🛑Stop Loss: 15.67 🎯Take Profit: 15.08 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
I’ve just created an interesting chart comparing this current cycle to the previous halving. While it may not follow exactly, I believe we might observe significant similarities. My conclusion is that leading up to the halving, Bitcoin tends to (on average, excluding the COVID wick) drop by 17-18%. This leads me to believe that a $34,000 BTC is definitely...
📊Analysis by AhmadArz: 🔍Entry: 41760 🛑Stop Loss: 41833 🎯Take Profit: 41651-41526-41313-40983-40782-40584 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Shows the current part of the cycle we're in right now by overlaying the same part of the cycle in 2019 in order to predict what BTC does next in 2024. Pressing play will highlight the potiential future. In addtion, you can see on Jan 9th 2024 that BTC topping tail and next to it is the 2019 topping tail. These topping tails are the exact same percantage as...
Just a thought/idea re. chainlink near term. The higher timeframe 5 wave impulse is not complete, nor does it appear that wave 4 is complete. I think a move down to $11 is possible in the short term. That said, the A/D indicator (accumulation/distribution) is printing a divergence on time frames lower than 12h. Longer term, I think link is headed to $27.
Shows the current part of the cycle we're in right now by overlaying the same part of the cycle in 2019 in order to predict what BTC does next in 2024. Hovering over the 2021 bull run on the left will highlight whats happen to the present and you'll notice the semi transparent chart of the BTC 2019 on the right. The 2019 overlay includes the BTC bottom of that...
Shows the current part of the cycle we're in right now by overlaying the same part of the cycle in 2019 in order to predict what BTC does next in 2024. Hovering over the 2021 bull run on the left will highlight whats happen to the present and you'll notice the semi transparent chart of the BTC 2019 on the right. The 2019 overlay includes the BTC bottom of that...
Shows the current part of the cycle we're in right now by overlaying the same part of the cycle in 2019 in order to predict what BTC does next in 2024. Hovering over the 2021 bull run on the left will highlight whats happen to the present and you'll notice the semi transparent chart of the BTC 2019 on the right. The 2019 overlay includes the BTC bottom of that...
I just want to share my insights, i created this chart a year ago and somehow it follows the trend. now I believe that we will be above 50k on or before end of March and we will revisit the ATH or surpass it by the end of November. You can open a long-trade now or wait for the possibility for 38k-35k BTC.
Hello traders 🖐🏻 Gold is correcting and stabilizing the price until it reaches its main demand area. Considering the situation in the world and the wars that are taking place and considering the bad economic situation in Europe, it is very likely that big investors will transfer their money to gold, and according to the chart and technical, gold can be found in...
A Path to 150K-1M in Nov 2025. BITSTAMP:BTCUSD Upside risk from institutional ETF may break models starting 2024. This cycle, perhaps we are not bullish enough. Be careful out there. Peace ✌️.
Seems reasonable for BTC to have a correction of about 15-18%, before hitting 50K. Plan: take out the Liquidity resting under 40K seems like a likely Target IMO, before the next move. Its presumed to go Higher after the BTC ETF's Approval. Institutions already made their profit, Now they'll Dump & Buy at Discount. Rinse & Repeat.