Latest update of an X-axis chart. Prices labeled for all cycle tops and bottoms. Dates marked for tops, bottoms and halvings. Could easily see a 2x of previous ATH in 2025. Expecting slow trend upward with volatility increasing into the halving/ Fed pivot, then a parabolic 5-wave run up above 100k in 2025. This version also includes time measurements of...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Currently, Bitcoin is in the range of $17360. If the pattern continues, the price of Bitcoin might reach the resistance levels of $17700 and $ 19600 If the trend reverses, then the price of Bitcoin may fall to $15000 and 12k areas.
Our preferred scenario in BTC brought prices to the target that we have indicated in past reviews. The movement in wave (c) looks almost complete, growth may stop in the range of $17337-17513, and we’ll need to evaluate the behavior of Bitcoin at these levels in order to understand its further prospects.
Hello, everyone! Last time I told you that we can anticipate another one leg up before the dump, I have even placed short limit order at $17080 . Today market gave me the lesson that it’s alive and we shouldn’t place the limit orders. When we place it we trade our convctions and desires instead of market. This is the violation of rule which Bill Williams gave...
Happy new year everyone. It has been months since I've last posted. The bear market has been rough for everyone, including myself, and while I don't think we'll be headed towards a massive bull trend anytime soon, it might be too soon to let go of hope now. In this post, I'll explore a speculative scenario in which we retest $14k before moving to retest $28k,...
BTCUSD Weekly Volatility Analysis 9-13 Jan 2023 We can see that currently the implied volatility for this week is 7.29% With this in mind, currently from ATR point of view we are located in the 44th percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: *For calculations, I am using the data...
Hey traders, After a 1-month-long consolidation within a horizontal trading range, Bitcoin finally broke its resistance yesterday. The price closed above that on a daily, confirming a strong bullish sentiment. I believe that the market will go higher. Goals: 17500 17800 ❤️If you have any questions, please, ask me in the comment section. Please, support my...
Bitcoin's volatility is currently at an all-time-low meaning we haven't seen major price changes in a very long time. This is incredibly rare for a very volatile asset such as Bitcoin, although the uncertainty in the markets fueled by recession thoughts is the likely cause of this.
Bitcoin is forming a cup and handle pattern on the Daily chart, and is currently close to breaking out. Although we can't know for sure if it will break to the upside or downside, Cup & Handle patterns are known to be bullish, therefore, the potential bullish target is available on the chart.
Hello Traders and Investors. I hope you are doing well. At this point, $17,200 to $17,600 is a strong resistance zone. The price has been accumulating for a very long time, volatility has dropped to historic lows, it means that a new strong price movement is coming soon. In which direction it will happen, it is difficult to say now. Anyway, the last fast...
Observing sentiment on social media has tought me one thing: Almost everyone is bearish on the cryptomarket, and almost everyone thinks we should go down. Now, I am not dismissing the possibilty that the price could/should go lower, but I also think that timing the market is not worth it anymore. Historically speaking, we're at the point where a bottom is in,...
I'm here with another analysis on BTC. As the chart illustrates, the BTC is completing the last mini wave of the correction wave (c). It can be ended around 14500 to 14200 . So the entry zone for investors must be there.
Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin ( BTCUSD ). Bitcoin price has been heading higher but it may meet resistance very soon as shown in the chart. Volume is low and RSI is headed towards resistance. I have been calling drops on BTC since November and December of 2021. Be careful. If you enjoy my ideas, feel...
Our priority scenario in BTC remains the same. Growth in wave (c) may bring Bitcoin prices to $17188. If the price of BTC falls below $16808, our markup will change.
Hello, everyone! Last time I considered 1h time frame and told you that anticipate leg up in wave 5 to the price range between $17070 and $17245 . Yesterday I opened long at the very bottom $16730 and closed at $17000 . It was the scalp trade, thats why I have not revealed it here, but you could use my analysis to execute it. Now it does not matter because...
Seems like 2023 will follow 2019 fractual. I believe 49k around june. Dollar to lose its value by 30% Once Bitcoin goes over the 20 2day MA, fireworks are going to set!
Our preferred scenario in BTC once again indicated the completion of the downward correction with absolute accuracy and we continue to follow our upward markup. Growth in wave (c) could bring Bitcoin prices to $17188. A drop in the price of BTC below $16808 will correct our view on BTC.