Bitcoin is about to go up Bitcoin is very much likely to gain bullish momentum and rise COINBASE:BTCUSD
Here's an updated 'Path to $100k - $150k Bitcoin' study. We've already seen the power of the ETF money flowing into these markets, which seems unstoppable with Blackrock and Fidelity now with over $16B in AUM. We're also now seeing heavy corporate accumulation by the likes of MSTR which just upsized it's convertible debt offering to $700M from $600M to buy more...
This is my bitcoin on tether/usdt opinion. I just following this chart.
Last week was very eventful for BTCUSD. Breaking out of the two week long consolidation, the price surged, increasing by around 20%. However, after reaching a local high on Thursday, the price began consolidating recent gains and is adjusting to the $60,000 mark. The positive for bulls is that this consolidation is forming a symmetrical triangle, which we know...
Bitcoin has given us our expected pullback and now we must look at the support side to study which supports will hold price and for how long?The first option, as of this post, is that the pullback will only last till Tuesday (U.S. stock markets are closed Monday) and then the buyers come back via BTC ETFs. If this is the case, it may also mean that our RED...
I’m not saying that Halving will begin on April 8th, this is an assumption based on my findings. My forecast is this: Bitcoin is now a colossal success for ETFs, and now "MicroStrategy" has like-minded people, it is enough to single out one figure for everything to fall into place, "BlackRock", which is accumulating 82000 Bitcoins today and announces on the "CNBC"...
Bitcoin completed its measured move from the breakout at $31,800, to $37,800 and reached its peak at $48,900! As expected, we witness a sell signal at this level, indicating that the bull run is over. Should we short or long? How do we trade this? 🤔 My last analysis began just after the confirmation bar closed after the sell signal that wicked at $48,900. This...
Please Notice the Fake breakout , this move made to fool traders to open short and then squeeze them out the market , i expect the price will keep rise up , Cheers
Quite possibly the greatest bull flag pattern you will ever see
This is my forecast of the path that BTC will take to reach its new all time high of 138k USD on 18 May 2025!
Bitcoin broke out of it's trading range between $25,000 and $32,000 and touched $44,800! Does this mean we're going to new all-time highs? I'm skeptical for a parade of reasons, all of which are based on historical and current data points. Let's dig in! How do we trade this? 🤔 Recent Data Since the trend reversal in January 2023 we've had three pushes to...
Here's my revised "Potential Path To $100k+" chart, adding in new factors that further point to the higher Fibonacci targets. Similarly, the 3.618 accurately predicted the exact market cycle top in 2021 (drawn from the 2018 Hi / Low cycle)... Worth noting - see chart. The following factors show 3 levels for Bitcoin upside in 2024, which I've labeled as 3...
The recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings...
Traders, Bought more BTC here. TBH, this just looks like another bull flag. I can see us hitting our heads on the 30k again where I may sell some but eventually that resistance will break. And I think sooner than later. Then we'll have to tackle that 31.6k level. If we can break above that, my prediction from Jan-Feb still stands - 37k by then end of the year....
If it doesn't exceed 32,400, it will continue to be in a short position. Currently, ABC has risen by a 0.5 ratio. It could potentially rise to 0.618 once more, but overall, I still maintain a short perspective. If it goes down, I anticipate that the C wave will decline to 22,000.
The point of a downward trend + a 0.5 interval of overall increase is 23.9k in stock terminology. then 23.9k long
It's important to carefully observe this trendline. 1. If it falls, go long at 29,200. 2. If it falls further, go long at 27,600. 3. If it rises, go short at 29,850. 4. If it rises further, go short at 32,100.
#Bitcoin is consolidating right below 30k with two failed breakout attempts. I think there is still steam up from the previously confirmed broken falling wedge and on the next attempt 30k shall break. A possible Gartley Pattern adds to the bullishness. Observing if the 1h candle will close as hammer. Still bullish overall but cautious here to make sure this is not...