Bitcoin cycle 1, 23 weeks bear/48 weeks bull=0.47 Bitcoin cycle 2 61 weeks bear/106 weeks bull=0.575 Bitcoin Cycle 3 -22.34% increase in the ratio, so we would do 0.575x1.22=0.7015 ratio so 0.7015x152=106.6 as the the bottom, or weeks 107 basically for the bottom, which would be between Dec 2019-Jan 2020 To be on the safer side it would be best to Dollar...
After days of hard work i'm ready to present you those fresh Bitcoin price predictions.
T1: $172 T2: 173 T3:$177 QQQ can go no further than $177. Warning: 2015-2016 prices incoming Correction will not be as deep as 2008, rather look sideways in comparison. 30%-50% downside from close. Worst risk reward I’ve ever seen (started in 2016)
Some interesting symmetries exist in BTC bull/bear cycles that I don't believe have appeared as cleanly before in other assets. My belief which will take several years to play out is these cycles are fundamental to Bitcoin alone due to the nature of it's 4 year supply shock related to the halving. It appears to forecast that 6-12 months prior to the 4 year block...
Same price action than 2014, Indicators look pretty much the same, RSI shows bull div on daily, Macd histogram shows that the bear momentum is over. Next targets $4724 and $5200 which is the 21 weekly moving average and this will be my max target for this move, after that it will make new lows, bottom around $1750 and $1330
A projection of the 2014 Fractal is been working well, according to RSI cycle we will see the values at the chart
Hello everybody. Retail is labeling Bitcoin(BTC) as an inverse head and shoulders right now. Please do not be fooled by these gurus that are not knowledgeable in this craft. An inverse head and shoulders is simply a break and retest of your break on your HTF not some magical pattern that makes you money. That being said it is possible this "pattern" fulfills due...
The sooner the market fully capitulates the sooner the bear market comes to an end, we may see THE low of this bear market made in the next few days rather than what I originally thought (beginning of 2019). The next level of horizontal support is $3000 more precisely $2970, but at each leg lower I am surprised at how the volume tapers off. If it goes as low as...
I suspect the realistic bottom for this bitcoin "crash"/ correction is at 4500/4800 dollars. To back up my statement I am showing you that bitcoin has broken trough the 6000 dollar support and is "free falling" towards the next, RSI looks bearish in the short term implying that we are heading towards 4500/4800 dollar price region. RSI, As you can see...
We are quickly going to study the previous Bitcoin bottom symptoms; 2011 2014-2015 What is important to possibly form a bottom: => Smmas pierced and support established on them => Major rounded bottom with a double bottom present in a period of several months There is no bottom special candle as some people are saying on social networks, there is...
Again we are come back with our magic. The question is buzzing in bitcoin world that what is the bottom price of bitcoin after this ATH 19600? So here we just did a great analysis for bitcoin long term holder. so check this chart guys. Bitcoin first biggest rally started in 2013 and goes ATH at $1070 in JAN 2015. Further btc value decrease from Jan to mid july...
I've seen a lot of people comparing the current price action to the 2014 bear market so I thought I'd take some time to do the same. There are definitely many similar elements as far as reactions to previous support and resistance zones. If expect a similar trend to play out I think that puts our bottom somewhere around 3K. I've also heard many analysts that...
I have posted many charts on Bitcoins bottom once we saw BTC enter the 6k-8k range. The reason: these may be the lowest prices we ever see Bitcoin at again and you don't want to miss out on the opportunity. Here's my final chart on BTC's bottom and I hope it helps those of you questioning what to do. BTC's set up is very bullish. We just witnessed a impulse...
just out of curiosity today i played around with the log charts on bitcoin. clearly we are testing the downwards log trend and it has been a pretty bloody battle. this will be the 4th time we have made contact with the trendline. in 2014, bitcoin also made 4 contacts with the trendline, and on the 5th contact, it broke out. i think something very similar could...
Hello! My name is Ivan. I am a stock market trader and right now I am also trading cryptocurrencies. I want to share my Bitcoin Technical and Fundamental analysis with you. I don’t know why, but most of the crypto traders use only TA ignoring fundamental analysis. But fundamental factors are very important for long-term decisions . What is the most important...
Clear as day update for you all on BTC. Here you will read I am calling the 'bottom' of bitcoin you won't see me do this often as the technical bottom is 0 so we should be calling this a support but I think its where we will bottom at IF we don't get a bounce prior. This will give you the worst case scenario. I have used a line chart for this to clearly show you...