TheBitcoinChart

TheBitcoinChart Updated 

Time will tell but id love to see something like this over the coming years

TheBitcoinChart

On the weekly btc has a chance to break back up into the larger range. Maybe sometime in October.

TheBitcoinChart

I'd like to see the 27600 area tagged next week sometime before this bull runs. May be wishful thinking but if Bitty doesn't take out the April highs this week then this becomes more likely. Just an idea.

TheBitcoinChart

Bitcoin is holding but it needs to get going. On lower timeframes the correction looks complete.

TheBitcoinChart

Bitcoin is finding support on this parabolic curve. I have it anchored at the bottom of this wave and the top is anchored at 48500 on September 1st. I'm looking for at least 48500 around September. If this macro idea plays out, this curve needs to hold.

TheBitcoinChart

There are a few ways to look at this correction but this WXY looks good and it channeled nicely.

TheBitcoinChart

If bitty can stay above the 26990 level, I'm expecting a big move up over the next few weeks. The low may be in but I would love to see a swing failure of the last low. Just a quick dip down to complete this structure.

TheBitcoinChart

26990 must hold for this count to play out. I'm waiting for bull divs or a bullish reclaim of 28K to go long.

TheBitcoinChart

I'd like to see bitcoin pullback to the 28200 level. Even a little lower. I'll wait for the reaction and watch the RSI for a long entry.

TheBitcoinChart

I'm looking for Bitcoin to move up to 38K by the end of May. This could be a leading diagonal that takes price there. Maybe

TheBitcoinChart

This price action is challenging but if price gets to the 28k level sometime tomorrow I will go long with a reasonable stop loss. This could be a larger triangle that may break down to 26680 so a stop loss is a must

TheBitcoinChart

I'm looking to long the 27K area today or tomorrow. This correction looks like it is going to finish today or tomorrow.

TheBitcoinChart

Looks like a WXY correction on the one hour. I'd like to see a little move up and then down to take the equal lows. A large move up should follow. I like 38K

TheBitcoinChart

I would like to see the reaction at 27850 if bitcoin gets there. Corrective structures are difficult to label but this looks like a running flat pattern that is almost complete.

TheBitcoinChart

I'd like to see the 38K level hit this month. It is likely that price chops around between 29000 to 26800. On the hourly timeframe bitcoin is forming a weird triangle B wave or a flat. Either way it is corrective. I would love to see the 26800 area before a blast up but it may only dip to around 28K. I'll post when I go long.

TheBitcoinChart

B waves are always messy and it looks like Bitcoin is forming one. 32500 is possible before coming down for a C wave. I wouldn't try and trade a B wave with high leverage. They are too choppy and too unpredictable. Low leverage or no leverage in these situations. I could see the monthly candle closing up at the 32K level. I would love a long from 26680 if price...

TheBitcoinChart

The long from 27K worked out well. My last take profit was at 29500. Very Nice!!! This fast move down from 30K has a few options and I am waiting until tomorrow to see what develops. I'm looking for the daily close around 29200 and then a move down to take the equal lows. If price moves like that I will have a better idea what to expect. Until then my alerts are...

TheBitcoinChart

The line chart shows price retesting the base channel on the daily time frame. The price action is messy on the lower time frames so I zoomed out some. I'm looking for price to find its way up to the 38K level fairly soon. I don't want to see price come back and tag the parabola curve before it reaches 38K. So bitcoin needs to hurry up and get going or my primary...