Give are take a thousand. The state of affairs across the Globe will push BTC to all time highs Q4 of 2019
Hi Guys! This is crazy but actually, it makes sense . This is a log scale . Take a look at the chart . BTC follows two trend lines . Upper one and the bottom one. We took into account halving times . After halving the bull run is present for another ~1,5 year . It means it should end in Q3 or Q4 of 2021 . If we look at the peaks of the price it...
Hey fellow sailors! Don't be lured in by the mermaid! Abandon the bitcoin boat now , Mermaids are dangerous - because they only have a fish tail and you can't reproduce with them.
The snake is a symbol considered by many cultures over the world as a very bad omen. It is not surprising that Technical analysis legend Anita goferatump feared this formation the most. Bad things are to come - THE GODS HAVE ABANDONED BITCOIN. The time has come to sell and save yourself! But Know that i am only a messenger - And its upto you to decide your destiny!
BTC will test lows at around 3200 dependant on exchange, possible play for a higher low but that seems to obvious... Looking for a fake out to the downside with a wick hitting around $2984 on the exchange Bitmex, but around 3k is the bottom for most exchanges then a move to test 6k (previous market structure).
Decided to look at the overall trendlines for the entirety of BTC on bitstamp on the weekly log chart and it is very very encouraging. Although it is in a giant rising wedge which will eventually break down (most likely once the bubble finally bursts) The good news is we could climb to almost 1 million per bitcoin by 2023 before that happens....of course it could...
While I think this scenario is over the top (mostly because it expects a repeat of 2013), Time grows shorter for the "$1,000,000 Bitcoin by 2020" prediction to seem plausible. I have not drawn any lines, but merely drawn boxes to show where the price as been, and where the price would need to go in order to hit McAfee's target.
Heard people saying BTC has the potential to hit 1 million so I decided to take a look at the monthly chart. It seems like there is a rising wedge pattern forming out and inside this wedge BTC has the room to go to 1 million. But as we know that the rising wedge is a bearish pattern the price will probably go down on some point. This is just an IDEA. Time will...
hey guys! I made some math with bitcoin here my thoughts: MAX circulation supply: 21,000,000 pcs (the max bitcoin can be create) Circulation supply / market cap = price. Or Price * Circulation supply = market cap . 1,000,000 * 21,000,000 = 210,000,000,000,000 $ market cap haha so if bitcoin will reach 1M all the money in the world will be in there. Good luck!
as you see the price broke the blue support line an now we can see it as a resistance
Entry, TP and SL are for clients
This is a trade I am taking based on my own strategy, and so updating this journal and my website blog here and other places. Follow at your own risk
I believe that USDJPY is going to break retest the resistance above. Once a clear new support is found the next target will be the 107.947 level. I have found my target not only through structure, but also through using the fibonacci retracement tool.
Reasons for 1.Price has been stuck in box range for a few weeks now 2. 1.08000 Level is a strong level of support as the past has shown 3. Price has put in a bullish hammer and a bullish engulfing 4 .Price also put in a sign of reversal with a tweezer bottom 5. All these signs signify a reversal and possibly momentum to the upside
Long term euro vs. dollar view. I wish to tell something to my dear followers - please note analysis is not based only on things you seeing on the chart. Support me give some likes of my analysis and you will get more absolutely for free. Next trade setup will be with reward ratio 1:20 lol