This is not a financial advice.
This is just my playout for the BTC purchases in the next year.
I've armed myself with the patience, stacking enough resources to cover my targets.
My whole theory is based on negative market segment - I am counting that global financial meltdown is in front of our eyes. Taking that into account, I think some sort of revolution...
The 2-Year MA Multiplier is intended to be used as a long term investment tool.
It highlights periods where buying or selling Bitcoin during those times would have produced outsized returns. ...
Buying Bitcoin when price drops below the 2yr MA (green line) has historically generated outsized returns.
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This really is not an accurate prediction or even an informed point of view. Just speculation on the fib timezone pattern of what happened in the 2017 bubble compared with the 2021 bubble. Could things repeat themselves?
If bitcoin will not break 65000 €uro ca $75000 in December then we are in bull market and following 5 cycles in 10 week periods till May 2022 will be selling cycles,
Price will slowly fall up to 15000.
Green arrows are the cycles when buying is profitable (except the unpredictable fluctuation in March 2021 the COVID panic month).
Red are the 10 week periods when...
Cup & handle for bitcoin :
- Price target : 22018 euro
- Buy zone : 21228
- Other buy zone : 21165
Bitcoin is going to my price prediction !!!!!
Don't forget to push the like button. Thank you. Greetings.
Cup & handle for bitcoin :
- Price target : 22018 euro
- Buy zone : 21228
- Other buy zone : 21165
My prediction was perfectly on the buy zone : 21228 !!!!!!
Don't forget to push the like button. Thank you. Greetings.
Cup & handle for bitcoin :
- Price target : 22018 euro
- Buy zone : 21228
- Other buy zone : 21165
Don't forget to push the like button. Thank you. Greetings.
Hi, I'm back with an update.
The 200k btc milestone (450% up from today's prices), will most-likely be between this year (2021) and 2023. Looking at the current linear trends on a logarithmic price scale.
Disclaimer: humans find it hard to believe and understand logarithmic scales. Our brains mainly think in linear scales and trends. However, I think with...
This isn’t the first time this year that large long-dormant BTC transactions have been spotted. The CryptoQuant post said more than 10,000 BTC was moved when the BTC price was at $47,700 in March, 2,800 BTC moved in May, and more than 1,100 BTC was moved at $23,000 per coin in July.
Disregarding the structure of higher time frame, on the hourly here:
- decelerating rate of change of the drop,
- technicals showing positive divergence,
Suggesting a local bottom is (almost) in place, rebounce to above 21k is doable, good R:R is using LOD of today as stop.
ARKG is actually green today, either indicating (short term) risk-on appetite, or just...
The Pi Cycle Bottom indicator has historically been a close bottom signal the last 2 times it has flashed (2015 and 2018).
After having the Pi Cycle indicator flash on the BTCUSD chart in July, we now have it flashing for other currencies, some late July, some even yesterday, further validating the Pi Cycle Bottom.
I do believe we can head slightly lower but...
Similar to the ETH chart from today, BTC seems to be converging yet broke out prior to the convergence. I assume this indicates that the sideways trail might be coming to an end, but WTF do I know?
TLDR: attempt to long around 16k-17k with stop at 15k, switch to short if under 13k
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Area around 16k EUR is likely to be at least a local bottom, given:
-strong confluence of fibs
-technicals entering oversold zone
-symmetry of a lower degree: -73% correction
-close to major top of 2018
-coincide with volume profile wedge, albeit a small one
A rebounce could...
