As always with BTC, it's good to zoom out from time to time, and revisit the BTC montly chart every now and then, to see the bigger picture. We can now see several very bullish signs: 1. The monthly Bbands are narrowing, this means the likelihood for a strong move is increasing and increasing 2. The January candle was extremely bullish 3. The middle bband...
Last time the daily ichimoku cloud turned green we pumped 250% from bottom to top. Plus we have a nice ascending trendline on the RSI. Halvening is in 100 days. Long while you still have the chance! Not financial advise, do your own research!
Dear traders, First of all a happy new year and the best whishes for 2020. This wil be BITCOIN decenium. Bitcoin did not gain the 7.5k level again. This means in my eyes that we are going below 7k again. And this time i think we dont hold the 6.4k level. It is very unlikely that we get a higher low because the buy intrest is below 6.4k and i dont think...
We hit a local high thanks to the "halvening" meme. Now is the time for a correction before the "halvening". We'll first hit DMA200 then there will be a dead cat bounce, only to go back to 7k7 for max profits for our masters. Then when they are done milking plebs there will be a big long liquidation. You won't know when it happens. But I assure you that BTC won't...
The goal of this analysis is to keep an open mind about Bitcoin on what could possibly happen in the coming months. Bitcoin appears to have broken out of a bull pennant to the upside. If Bitcoin is able to clear the 30w moving average, I think it's possible we could see $19k lead by the fomo for the halvening which is to take place on May 12, 2020. Litecoin...
My predictions do quite well so it's worth your time to keep this chart around. Here's my last one from November. --> As a basis for developing this chart, I used the historical price action of Bitcoin before the halving, in conjunction with fundamental analysis of things like the growth in wallets, Hodl %, hash-rate, difficulty, new code updates upcoming....
Bull #1: Break out of 6 month down trend channel confirmed. Bull #2: Inverted H&S extension, with volume increasing from the price bottom. Bear signal: Bounce off the 200MA, we are still in death cross zone. Miner war fundamental facts: Difficulty is going parabolic, which means machines are being sold and installed. Miner revenue will be cut in half after...
Whilst technically a bearish pattern, I'm 50:50 on this one. We could just as easily see a break upwards in my opinion. This is not uncommon in crypto during bullish sentiment. Also the wider significance of this move with recent accumulation in the Golden Pocket, a break out of its long term channel and fundamental reasons to be stacking Bitcoin with the...
We may have a big inverse Head and Shoulders in formation right now. If the teal trendline gets retested and it holds it can be the spark for a breakout to the previous high from June 2019. It fits very well with the upcoming bitcoin halvening so this bullish narrative can be in play.
If you look at the monthly, you can clearly picture what's going to happen. It's not rocket science. Figure 2 is figure 1's little sister. And it'll be complete in a few months when your money disappeared before the "halvening". Sure the price will be multiplied by 2 but it will be first divided by 2. Don't tell me nobody warned you.
After hovering around the Golden 0.618 retrace for several weeks, with the constant awareness that even the 6k levels might not hold, I believe we are out of the woods and that we can officially call fall 2019 a re-consolidation period. Though we may continue to retest 7k levels in the coming 100 days before the halving, there are several signs that we have broken...
Bitcoin looks great on LTF, and may work to create more of a bullish argument on higher timeframes. I like the way it's looking as it's consolidating near highs. Would ideally like for it to breakout soon to 1) $8800 and then maybe 2) $9800 Keeping an eye out, and expect ETH to follow
Finally the rally price action proved previous forecasts to be true(ish). The question everyone is asking - when does the rally end? I've carefully mapped out all four basic bullish scenarios I can see in this market. We're about to see at least one deep correction model that will retrace 15-40% of the typical 12345 impulse, if it is finished(if so, then bulls...
Hi everyone, Check out this logarithmic scale chart of bitcoin since inception. The chart doesn't lie.. I've been following it for some time now and have made lots of great decisions. Easy to read reflection of the current trends of BTC. #Bitcoin predictions for 2020! #bullish #Halving #Bitcoinhalvening MAY 2022 1 $BTC = $180,000 Monthly low's FEBRUARY -...
- Declining volume with downtrend - Halvening narrative - War is good for #Bitcoin narrative
Always prepare for the worst. This is the mmost bearish scenario I can This is the plan for the battle if a longer correction takes places... And it seems that we are sliding down to 6800. at least 1 group of xyzwxyz corr.waves is coming. Finally we are observing some volume - that is good news!
Yes Bitcoin you can do it !! withing 6 months BTC will be at 8300$-9400$ approx! after halving we are going to Moon!
This is another iteration of a previously published chart, but simplified to drive the point home. Motivation Predicting the peak of BTC's next parabolic rally is critical for the profit-taking strategies of speculators and hodlers alike. For speculators, it's about knowing when to get out. For hodlers it's about how to grow your bags. Really, knowing the...