Beka_Ulis

Beka_Ulis

Greetings everyone! Today, I will be examining BTC and providing my analysis of the current state of the asset. Firstly, I would like to note that while the upward trend of the asset seems promising, there are a few areas of concern. To provide a detailed analysis, I suggest dividing the technical analysis into two sections: one for growth and the other for local...

Beka_Ulis

In today's review, I want to delve into the psychology of the market and examine some patterns that can be observed in the behavior of Bitcoin. One important aspect to consider is the cyclical nature of the asset, where every 3.5 years, Bitcoin goes through a complete cycle of accumulation, growth, and subsequent decline. This does not necessarily mean that the...

Beka_Ulis

Hello everyone, it's been a while since I've shared my market insights on TradingView, and to be honest, I've been a bit nostalgic for it. I'll ease back into it and begin by sharing my main thoughts on BTC. Before we begin, I want to emphasize something that comes with experience: The patterns on the charts, no matter how obvious they may be, are not always...

Beka_Ulis

Hello Dear Friends. Sorry for being silent for so long. However, I don't have much to say about the crypto market right now. Many crypto enthusiasts and professionals have stopped understanding what's going on, and so have i. As of now, BTC and the whole economy itself have an irrational movement, the movement of greed and lacking the logic. Most postulates of...

Beka_Ulis

Hello! The situation in the Cryptocurrency market, both in the Stock market, is not very good, despite the recent growth in BTC. In this idea, I want to disassemble BTC and assets that affect the main cryptocurrency. Let's start with BTC and long timeframes. On the daily charts, the asset dropped out of the rising March channel long ago, making a retest of...

Beka_Ulis

Hello! My forecast for BTC has practically worked out completely. Let me remind you that I was expecting a deep correction, possibly even up to $ 6,000. In my last ideas, I have very extensively shared my reasons for the fall. The main motivation for the downward movement was overbought in the stock market. Lack of volume and real interest from new users towards...

Beka_Ulis

BTC dropped out of the ascending triangle pattern. Now the only support is the daily moving average MA20 (red line). We below the large local accumulation of POC. It is obvious that at this stage it is difficult for the market to keep the price above 11800. At 12 o'clock we have a bearish divergence. Let me remind you that the longer the time-frame, the more...

Beka_Ulis

Hi, everyone Today I want to talk to you about the fair price of Bitcoin and the market in General. To begin with, I want to remind many market participants that the asset has not updated its highs for almost 3 years, and this speaks volumes. The fact is that today in the cryptocurrency market, a community has formed that moves the price to the levels that it...

Beka_Ulis

Hi everyone At the moment we see a complex model of correction in the form of an A-B-C zigzag and a triangle. This wave model is found in 90% of cases in the penultimate wave, it is either 4 or wave B. If this is the case, then I see further movement in the downward direction, forming a 5-pulse wave. If we break it up, then this formation will already be a wave 3...