Get some popcorn and watch my subjective interpretation on why current price action is not looking good at all despite the ongoing mark up.
Some talking points include:
• Monthly and Quarterly Charts
• Orderbooks and order clusters
• Grayscale Premiums
• BAKKT and CME Futures basis premiums
• Options Put/Call open interest distribution and...
0. The above chart was made in view of the possibility that the four-year cycles of BTC is likely to change to three-year when BTC reaches the 2017 peak before 2020 Halving. If you look at the main chart, you can easily understand. Therefore, the explanation is omitted. This article is not for sell or buy. If you liked this idea, please, 'Thumbs up', 'Follow',...
Bitcoin loves it's macro fractals. This suggest we're nearing cheap BTC before the next major mark up from the invisible hand.
Watch the 0.382%.
Watch the weekly 20MA.
Google the pattern name to learn more.
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Today's gap range is 10605.0-10500.0.
You need to see if you can get support and climb in the 10247.5-10380.0 range.
We must see if we can...
This is just one of the possible scenarios, no1 is sure what will happen, so keep that in mind.
Recently we had a parabolic advancement, they usually retrace more than 80 proc in any markets. There is an unfilled gap at spike from 4 - 4.7k, having is coming in April, 86 proc BTC already mined. Whales need to accumulate as many BTC as possible from retailers,...
With a headline that Circle are looking at sanctioning customers with Poloniex accounts BTC is sent sharply higher above $7,500. As with most cryptos recently, the apathetically weak bulls are shaken off the headline as it quickly settles backdown before continuation from large hands.
Shabby geopolitics and protectionism will continue to be met with a lacklustre...
Let's see how my understanding of price patterns and fundamental and postioning/sentiment related variables stack up against the facts: I think $Bitcoin will trend up strongly from here onwards, but the path is not yet fully clear. If prices move similarly to how I think they will between now and April, a new all time high will materialize, after confirming a long...
Although timing has been difficult, I remain bullish and expect momentum to build on this move. Rallies back above $9,000 will no longer attract selling interest and there is little in the way of near-term resistance. Looking for more opportunities to buy into dips. BTC will be sticky ahead of the key Bakkt Floor and ahead of a breach there are better expressions...
this is one of many ways the btc market could behave. this interpretation is to be enjoyed with caution. it is just one of many ideas that have crossed my mind in the last days.
this is not a trading recommendation!
Amazing to see bitcoin go up 40%+ in less than 24 hours. With it not closing above 10K, it leave plenty of room under this newly found resistance. On a lower timeframe, we had a cup & handle that failed to break out.
What is needed is to stay above the 200 day MA long enough until the 15 & 50 day MAs are above it, which is fine.
I expect a possible cool off down...
This is a follow-up idea to my weekly forecast. We're curently short with expectations of price bottoming near 6404 over time.
The longer term chart signal is invalidated if prices break the 6400 support zone strongly, so once we do hit it, an immediate rebound would be good for bulls. Stop loss is 5269 for the long term long entry, once we cover shorts. If that...
do you need any more info than this chart?
pomp- tone vays- all refuse to see that bitcoin grew because futures are invloved and used that it was world interest.
the intrest was big money men buying and buying and selling then shorting on launch of futures,
bitcoin made them very rich while the hodlers search twitter and youtube for fomo....
While I've analyzed ETH/USD I realized that we could be in a WXY sequence, but due to disproportionate measurements by fib I can understand we may be at SUPER CYCLE ABC correction.
If we will take a closer look at RED 'C' wave, we will notice it is a structure of 5 sub count wave as it spouses to be:
One closer look at the...
Hello to all crypto enthusiast, we are standing in a very interesting time in the crypto sphere, I'll try to make this idea as simple as I can, even if you are not familiar. with Elliot wave theory, you can get here a nice amount of information about it.
I will start with a disclaimer, It is important to me to clarify that my analysis are not a recommendation of...
There is a possibility we are looking at extended flat correction creation, we have to remember that on our bigger picture we are still at the 4th wave, extended flat are common correction on the 4th wave.
Also please notice the fib ext I’ve added, the one from the left is representing the whole move ABC, in extended flat correction wave B reaches to 1.38% from...