# Bitcoin Long-term Analyze (Monthly Time frame)๐

BINANCE:BTCUSDT   Bitcoin / TetherUS
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Today, I want to speak about Bitcoin's Long-term Analyze (Monthly Time frame).

First, For long-term analysis, it is better to use logarithmic charts (Do not forget, if you want to use fibs , you have to turn on Fib Levels based on log scale). I was able to find 4 Major pivots on the BTCUSDT chart, these pivots were able to make a Symmetrical Triangle.

Also, around 65761\$ I found == Bearish Deep Crab Harmonic Pattern + Bearish Doji Evening Star Pattern ( it can verify our harmonic pattern / This pattern can make reverse or range on charts) + yearly Resistance 3

For finding the Next Major Pivot , first, we have to know the rules of Major pivots. If point D of our harmonic pattern wants to be a major pivot , the price must return at least 38.2% of point C to D (This rule makes Scenario 2) OR price has to rest (at the time) at least 38.2% of point C to D (This rule makes Scenario 1).

In addition, I found one circle on the Monthly Time frame. BTC wants about 13 months or one year to start the next bullish movement. This circle will happen again? ๐ง

As I said, I have two Scenarios:

Scenario 1: BTC will run between 30000\$ until 40000\$ (Range channel) for at least about 2 months and 22day (If Point D wants to be a Major pivot /Time Retracement) OR Maximum until May 2022 ๐ฑ. I think that after this correction price can go UP 80\$k-91\$k // 104\$k-107\$k// even 130\$k-140\$k.

Scenario 2: BTC will go down until 22000\$ - 19900\$ (If Point D wants to be a Major pivot /Price Retracement). I think that after this correction price can go UP 81\$k-871\$k // 119\$k-128\$k.

My Suggestion: please DO NOT buy Coins for Midterm and Long-term investment until the market finds a way.

Do not forget to put Stop loss for your positions (For every position you want to open)

Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe.

Good luck
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Downward Trend has broken ๐ (BTC.D/OTHERS.D)
Comment: New post :๐ Bitcoin Analyze Timeframe 1h โฐ(short term) ๐
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Comment: Our TRZ worked ๐, and follow lines.
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RSI Analyze (BTC), Timeframe daily๐

Pullback or Fake break ๐งโ
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a Scenario can happen, are you agree with meโโ๏ธ

RSI analysis๐ฅ, timeframe Daily
Comment: Bearish Shark Pattern ๐ฆ +TRZ (Time Reversal Zoneโฐ)
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Comment: New post: Bitcoin Analyze (Regular Contracting Triangle)!!!
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Please do not forget 'like' button :), Thanks.

๐ฅVIP๐ฅ signals contact me

## Related Ideas

thanks for your analysis Pejman. looks like we are going to get a few lessons on patience while we wait for BTC to turn around.
huschay
@huschay, you are welcome .โค๏ธ๐

I agree with you exactly๐.
Hi

do you think it is a fake break
nabikhatibi
@nabikhatibi, hi, we need more time to understand , at least one candle h4
Very Informative explanation chart and clean ๐
castrorenan436
@castrorenan436, thanks, I hope that useful ๐๐