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Bitcoin heading towards its natural cycle. Nothing fancy.

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Regardless logarithmic regression or other fancy models, Bitcoin has been able to hold strongly above 15K, allowing volume and accumulation to come.

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There's strong reasons for both Bullish and Bearish Scenario, but the main thing here is we need to get the price above the orange line in order to confirm a solid Bias to the upside. If we reject the line, we can still go sideways but eventually we'll end bearish.

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Bitcoin is in a critical situation where it needs to hold the long term trend line for a last chance to continue the bull market. If BTC loses the trend line, we are most likely heading towards 29K. The market structure could be interpreted as Inverse Head and Shoulders, but the last time it hit the line, it played out the opposite. Some analogies can be done in...

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We can see classic TA possible patterns formation for a macro level perspective.

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We can see clear textbook examples of accumulation fractals.

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In the chart we can see a Bull Flag Formation that is created by 2 channels, we have some important support and resistance lines. Bitcoin broke the upper resistance line, it may be going to test the line as a support , but not very likely if we gain momentum in the next hours and days. Target estimated by the projection of distance from the bottom of the pattern...

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I don't really know if this suggest the bubble market cycle, but I'm just curious about it. Posting to see how it plays.

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Bitcoin has been bouncing since long ago into this levels, maybe it's time for a break out. There is sort of like an ascending triangle playing out. Next possible targets: 1. $13,800 2. $17,100 3. $19,700 I don't think Bitcoin is going lower than $11K. What do you think?

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As I mentioned on my previous analysis, we can see an Inverse Head & Shoulders pattern on the weekly TF, but now I realized it has some fractal attributes that are symmetrical (as you can see on the yellow curved lines). I think BTC might be trying to break the neckline in the following days/weeks: - Inverse H&S is bullish pattern - Bounced from the 9.8K level...

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As you can see on this daily chart, we have a pretty solid Inverse Head & Shoulders formation, with a very clear neckline that we're actually testing RIGHT NOW. If we calculate a simple target using the distance from the bottom of the head to the neckline and project it upwards, we get a price of $19K approximately. That's huge. Also notice that the volume is...

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We are in significant levels of resistance right now, but we have a solid support line that may take ethereum to break the resistance of the $400 - $500, and once that level is passed, there's very little volume above, so it shouldn't be difficult for ETH to skyrocket again like it did at the start of the current bull market. Maybe a little of sideways movement...

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Please do not take this as technical analysis, because it probably isn't XDD, but let's see...

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We have an inverse head and shoulders formation in the weekly TF. + Also, the bottom levels of the right inverse shoulder are very near to the fibonacci golden pocket. + Looking healthy on the 20 Weekly MA + Finally, we are above the long downtrend that now provides solid resistance for the future. + COINBASE:BTCUSD

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BNC:BLX - Take a look at the similarities here. That little rise in the end of 2011-beginning of 2012 is pretty much identical to the one that we are having right now. - The last and the only time BTC touched 200MA, it never went back to test it until December 2018, which was the bottom of the last bear market

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As we can see, bitcoin is still bouncing inside this giant triangle with a lot of movement inside. I think that right now there is a big possibility for bitcoin to go down and test the 9K level in order to bounce and continue the re accumulation phase until the last months of 2019.

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COINBASE:BTCUSD

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I'm still bullish for bitcoin at this moment, assuming that the price bounced $6,624 in the High volume-resistance zone