Halving High Pressure Zone? 🙌🏻 This could be the answer 🤔 In this video we explain a new item we found in the chart which we call the "Halving High Pressure zone". As we approach the halving date there is ever increasing downwards pressure on the bitcoin price. After the halving, as we move away from the halving date this downwards pressure decreases which results in upwards price movement. Could this be half the answer to why mini-bull markets form? Check out this video. Thanks for watching!
Bitcoinlongtermanalysis
Bitcoin 9.28% Long Opportunity>The daily chart revealed the presence of Demand and Supply zones, as depicted in the image.
>I verified my analysis by utilizing the Search Volume Profile for a fixed range, which confirmed that a particular level aligned with my identified supply zone.
>Furthermore, I found that this supply zone coincided with the 61% golden ratio zone of the Fibonacci sequence.
cheers!
bitcoin bull cycle repeating let seeeeBelow this idea This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
As per my Elliott Wave analysis, we are in the final C impulse wave (ZigZag 5-3-5). ZigZags are often very impulsive, which is true in this case.
Also, do not forget that we have an unfilled GAP on CME futures at 20k. Statistically,
#Bitcoin - thoughts out loud #17 !!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
For the current period of time, I continue to look for opportunities to buy an asset cheaper.
As in the previous opinion, it was said that the range of 23000 - 23200 is a benchmark for further movement. As we can see, there is no professional activity. I expect purchases to resume around 19000 .
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
#Bitcoin - thoughts out loud #16!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
On this time frame, you need to pay attention to the development of events.
The graphical situation is as follows:
If professional operators are not interested in further markup of the asset from the range of 23000 - 23200 , then I expect a drop to 19000 .
We are watching the development of events on the 15m. Otherwise, it's a long-only mood.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
#Bitcoin - thoughts out loud #15!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
I am continuing the deal open on the previous idea. There is a buyer present, everything is going according to plan. I expect an impulsive movement, by Monday, March 06, 2023 , I expect bitcoin at 25800 .
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
#Bitcoin - thoughts out loud #14!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
The current situation suggests that the asset may rise in price over the next week. For further gains to occur, professional operators and other market participants should keep the price above 22722 with possible false breakouts. After this formation, we will have all the doors open for further upward movement. Otherwise, we will see a decline to the next support price, where there will be demand at favorable levels.
Stay tuned for an update of the idea, there will be a continuation of the idea.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win/ sometimes you learn.
#Bitcoin
P.S.
Consider the previous idea and search for an entry point.
#Bitcoin - thoughts out loud #13!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon, dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
The previous goals were achieved, but under a different scenario. After the asset has been depreciated, we see a surge in volumes at the culmination of sales, followed by a false breakout of the level and the strength of the buyer. There is a setup that can be used to work with, I open a long and support the trade.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
#Bitcoin - thoughts out loud #11.Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
Over the weekend, I expect the cryptocurrency market to form a trading range and move into a phase of redistribution or re-accumulation. The formation is not ready for this period of time, I need confirmation.
What are your thoughts on this asset?
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin - thoughts out loud #12Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
And in continuation...
In this phase of the market, we have upthrust, which may indicate that we are witnessing a distribution, but there is no confirmation at this time.
I expect the price to be in the range of 25300 - 25600 , after which the market will settle everything.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn.
Will Bulls push bitcoin higher ??BTC/4H Ascending Triangle with yellow uptrend line and white horizental line
Please Boost,Follow,Comment if you find this informative.it really motivates me to do more,really does!!!
With the ascending triangle that btc formed and the consolidation at the high of its range showing the bulls might want to push it higher ~26849 then hopefully bears will enter and smack it down.
Another possibility is to hit ~26849 then do another bull retest and fill the gap from ~27400 to ~28900. The fact that we are holding here indicates we could fill the gap tomorrow on FOMC
we could consolidate today as well due to tomorrow FOMC meeting.Also Liquidity wise there are some high leverage liquidity to the downside
Detailed explanation and more information on video
Thanks for watching
LONG WINTERInvestor is back, so it´s Bears hibernation time.
Guess what, my oldie bull divergence explanatory Bitcoin chart is still alive and ...
I think that Bitcoin might be in the anomaly state where HIGH RSI doesnt mean a :poo: bear divergences are painted over higher time frames but yet its ignored and going higher and higher until a huge extended bear divergence smashes for a massive and fast correction and it can even continue growing higher.
There is many reasons for this and if you will studdy the chart further and deeply then you might found the key in this work.
Yet keep in mind, there is still chance to fail if the RED LINE resistance doesn´t get break threw in a short period of time.
This short term chart might be a first confirmation for this theory
Can history repeat itself ? Again & again ?
Crypto TOTAL market cap to 10T ?
s3.tradingview.com
The time is NOW
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BITCOIN HALVING
(MAJOR EVENT) countdown at the time of writing
434days
What is the Bitcoin Halving (Halvening)?
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the amount halves is called a "halving" or "halvening".
In 2012, the amount of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.
In the 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.
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This could be your next huge buy opportunityHey everyone,
Lets see if I can repeat the halving cycle forecast success as in Apr 2019 because I see very similar conditions no matter what people think of Bitcoin based on fundamentals. This is clearly a technical view.
This chart is based on Fear/Greed mutliyear halving cycle ( Supply and demand + greed and fear = cycles)
What is Halvening ?
In Bitcoin , halving is when block rewards for mining are cut in half. Halving happens at regular intervals based on the Bitcoin protocol.
In other words the code underlying the network dictates that X new coins minted as mining rewards for miners adding blocks of transactions to the blockchain will be cut in half every Y blocks until the reward reaches zero and no new coins are mined.
Bitcoin halving occurs every 210,000 blocks.
Since one block is added to the Bitcoin blockchain roughly every 10 minutes, each halving is about 210,000 blocks x 10 minutes = 2,100,000 minutes = 4 years apart.
When is the next Bitcoin Halving: Assuming no major changes, the mining reward will drop from 6.25 BTC to 3.125 per block approx. in Apr 2024
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What happens when all the bitcoins are mined?
The bitcoin inflation rate steadily trends downwards. At the time of writing, more than 3 out of every 4 bitcoins that will ever exist have already been mined, and the annual inflation rate is just 4%. The block reward given to miners is made up of newly-created bitcoins plus transaction fees. As inflation goes to zero miners will obtain an income only from transaction fees which will provide an incentive to keep mining to make transactions irreversible.
Due to deep technical reasons, block space is a scarce commodity, getting a transaction mined can be seen as purchasing a portion of it. By analogy, on average every 10 minutes a fixed amount of land is created and no more, people wanting to make transactions bid for parcels of this land. The sale of this land is what supports the miners even in a zero-inflation regime. The price of this land is set by demand for transactions (because the supply is fixed and known) and the mining difficulty readjusts around this to keep the average interval at 10 minutes.
** This is attempt to predict future price movement & not a financial advice **
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BTC Struggles Around $21KBitcoin’s price is currently consolidating above the $20K level. The $17K-$20K range is likely to provide significant support, as it is the 2017 all-time high range, and it could initiate a rally in the short-term towards the $30K area.The price would have to break the $24K resistance level and the 50-day moving average before a potential retest of the $30K supply zone. On the other hand, if BTC fails to gain sufficient bullish momentum and the $20K area gets broken to the downside, another rapid drop towards the $15K mark and even beyond could be expected.
Bitcoin Update 29/03/22: Short-term Swing Opportunity 65% GainBitcoin on the way to low 80s 🚀 Bitcoin is currently 66% away from the 127.20 fib target @ $79,381. Strong buy Signals on the daily chart from both the Swing Call script for trend direction and the Bull market indicator for short-medium term trades based on momentum...going to be an interesting April/May remember to take profits on the way up! 🚀 Please see previous analysis below. Happy Trading :)
Bitcoin Update 26/01/22: Bitcoin ( BTC ) potential bull trap, bouncing 15% before the FED announcement, currently BTC is -45% gain from the ATH reached in November 2021. We currently are in a downtrend, BTC has recovered fast before and we could get the same here. The current RSI on the weekly is close to that of the March 2020 crash (which was a little lower than the current level)..patience will be key, wait for confirmation & price action, large volume back in the market will be key for confirmation of a reversal of the current trend. The FED will be deciding whether they will be hiking the current interest rates, and whether the current quantitative easing will continue or if they will be quantitative tightening. I believe we have not yet reached full capitulation and the $32K level will be very key before finding a true bottom. See previous analysis below. Happy Trading :)
Bitcoin Update 19/ 01 /22: BTC Death Cross on 14th January 2022, currently BTC is 63% away from the all time high price @ $69,004. A final capitulation may be in play before we can finally start climbing back up with a steady upward trend direction towards the previous ATH and the $79k target at the 127.20% fibonacci level. It is important to highlight that this final capitulation could occur at any time as long as there is high volume to confirm the bottom for us, a true bottom before a full trend reversal back to the ATH . One of the main aspects of the key capitulation from Dec 2018, March 2020 & May 2021 is that this has always signalled the bottom and the start of a new upward trend for BTC and alt-coins alike.
Bitcoin ( BTC ) on the daily chart is showing strong signs of an oversold market and is currently sitting just above a key support level at $40k, currently priced @ $41k. If the $40k level fails to hold as support BTC is on its way back down to retest the 23.60% at $39,694 which is currently -6% from the current price level. This current downward trend we are experiencing may lead to another consolidation period similar to that after the May crash where we saw BTC struggling to get past the 23.60% fibs 3 times consecutively during a 3 month period before finally breaking out in early August. Our AI script signalled a strong Buy Signal on the 28th July confirming the start of the last bull run phase which saw Bitcoin setting a new ATH just under $70K, a 1671% gain for BTC from the March 13th 2020 Bottom @ $3.8k.
As mentioned previously during the last year we believe the current cycle we are experiencing is something we have never experienced before (extended super cycle to foster the adoption cycle), old cycles have been broke and it is important to look at new information and data to better understand where we are going in terms of innovation. Technically, looking at the current structure of Bitcoin , we have a head and shoulders pattern, if this pattern plays out, which in a downtrend could see BTC below the bottom experienced in May. *Note this is just technically speaking, when looking at the market and on-chain analysis we can see that they are less and less Bitcoins available on exchanges, that coupled with the current inflation crisis & ongoing money printing are very strong fundamentals signals which are very bullish on the price of Bitcoin . 2022 promises to be yet another explosive year for the industry and like experienced in the past before, during these times you can really sniper in some great discounts for the next leg up 🎯






















