Bitcoin will bottom inside this BOTTOM box. All of my analysis confirms this statement. Keep in touch for further updates for BTC!
Here come my thoughts on the Bitcoin situation at a macro scale. 3 deviations (65k, 67k, 69k) to bait longs and tap liquidity in the market. We are clearly in a bear market on the HTF and I don't expect it to be over any time soon. Many sucker rallies happening but don't forget that these easily fade quickly in a bear market. Since the beginning of 2022 Bitcoin...
By @ekrexanalytics... bitcoin will bottom at 32000$
We have a major weekly support trend line to be watching on Bitcoin. It as held since the pullback to 28K. By this logic we could drop to about $34,700 on bitcoin here during this weekly consolidation. We are still in a weekly uptrend as well just looking for a weekly higher low. No major red flags and definitely a buying opportunity especially with alt coins IMO....
This is a quick Bitcoin update video. In summary, I explain why I'm waiting before initiating any trade and what I'm waiting for. I'm waiting for a clear bottom either through touching one of my support lines or by making a huge candle with a big wick below it. Where the wick will end up, no one knows. Some people estimate 44k. Some estimate 40k. Some estimate...
My thoughts on the current situation. Bitcoin and the relationship between the bullmarket TOP and HALVING. In the two previous cycles, the TOP of the entire growth cycle was exactly 820-850 days before the next HALVING. Taking this into account, theoretically, we should reach TOP in December this year, and then go into a downward trend and consolidations for...
Bitcoin Monthly & Weekly RSI Close for 2021 Buy Low sell High, last chance.
THE BIGGEST SCAM COIN EVERY MADE, THE BIGGEST PARADISE FOR SCAMMARS. OK NOW LET'S GO BACK TO HIGH IQ VERSION OF MY SMALL BRAIN. THIS IS THE BOTTOM, TAPPED THE WEEKLY 200MA AND BAGS FILLED, I CAN ASSURE YOU THIS IS GOING TO RIP UPWARDS AND KILL SOME BERAS.
Here some explaination to what happened here: -Clear uptrend on daily chart and weekly still valid. -Market structure intact with a "buy the dip mode". -Liquidity pool tapped. Lady BTC BOTTOM showing some big buys and accumulation during the dip and chop. Lady Arrow v2 showing a buy signal flipped during a clear break of short term downtrend Bullish. Enjoy
We're either at the bottom already or we're completing the Wave Z correction. I measured using Fibonacci Ratios as well as the subwaves. It's confluent with the January timeline. Remember BTC pumped January of 2019 and likely to pump again on January 2020 which is inline with the January effect on securities (investors/traders withdraw for the holidays on December...
everyone is talking about this fractal move on bitcoin. i want to give you measurements of how far we can go or it's already done. i putted a fib retracement tool to just measure the ratio between swing high to lowest point of the fractal triangle. i realised that bitcoin move down from 5800$ to 3150$ is 19% of it's move from ATH to the bottom of the 2018 triangle...
BTC possibly can reach it's bottom around 5k USD by the date of Halving. I have drawn possible price movements on the chart.
BTCUSD: 2019 Repeating 2018 Bump and Run Bottom? - Bump and Run is the #1 most bullish chart pattern Per Bulkowski (thepatternsite.com) - To identify a Bump and Run, look for a frying pan base with a downward sloping line with a rapid drop then leveling out with a rotated turn. - "The bump height, as measured from the trend line to the lowest low, should be at...
BTCUSD Ascending Broadening Wedge/Falling Wedge 8.1k-8.6k Bottom - Two Alternate Ascending Broadening Wedge Formations Drawn with decline leading into bullish Falling Wedge formation. - Breakouts downward of ABW at ~10400 or ~9800. - Per Bulkowski, average decline of Ascending Broadening Wedge is 17% - Targets ~8640 and ~8140, respectively.
Thanks to Eric Crown at Krown's crypto cave for pointing out this RMI+EMA control zone on monthly during last 2015. This is still appearing to be a healthy monthly and weekly consolidation. You can see in 2015 we actually rose more (411%) than 2019 (349%) from the trough to peak of bear market recovery before the monthly RSI his the bullish control green zone...
BTC/USD need a pullback to cool off after a nice rally from 4000$ to 7500$. The reason why BTC was pumped hard is simple,traders all time shorted BTC and the whales liquidated this positions. BTC/USD now just hitted the first long term 0.236 fib resistance line which is at 7104$ and also the candle closed below this resistance line(bearish sign)+we have a huugeee...
Just a couple bits of analysis on the BITFINEX:BTCUSD COINBASE:BTCUSD GEMINI:BTCUSD breakout and follow through over the last few months, some key resistance levels to look out for, and my strategy for accumulating some more BTC at on the back half of this 18 month long bear market. Note my accumulation zone (green boxes) currently paints $3689 to $4141....
As we can clearly see, weekly RSI is already bottomed out BTC like in past before each and every bull run... This RSI is not the regular one some settings are changed so the trend can be identified clearly.. $3122 can be the bottom of this 2018-19 bear market, which hitted it on Dec 10, 2018. Market can of course take correction but bottomed is marked...