History tends to repeat itself, and the bitcoin halving appears to be no exception to this particular rule. In 2016, during the second BTC halving, the BTC price experienced strong growth before the halving. A bear market followed, consisting of a 40% drop in price from the pre-halving high to the post-halving bottom. Afterward, a lengthy ranging period ensued....
an Oil infected makes the rest infected. We can only reduce the risk in such crisis, more panic will never be a good choice. So its better to wait for the right frame! Candles predicted in red shows the possibility of a fall due to economical influence. However , we all know Crypto always maximizes the return in long if we enter the exact moment. Moreover...
HI to us, Values studied with fibo on the previous waves of elliot and on a recent click. For the indicators that push me to think about a long position, please read the related or most recent posts on my profile
The drop below $7,500 was an inflection point for the prominent chartist who was bullish on the orange coin just a few months ago who says???
the current flash crash reminded me of the 2015 flash crash that was ultimately the bottom, I decided to grab that fractal and place it to the current time and what I found was very strange, it fits out current trend lines perfectly! beyond that it fits with the halving pump and dump! I am not saying this is going to happen, but it would be super cool if it did!...
Bitcoin fib long term log scale target puts it at USD 3,11,770 in the next bull run. Let's wait and watch!
Hello Traders, In the long term view, month candle sticks, we see a MACD sell signal. Inertia rejected at 50, asset should stay down in price as a result of this. Do not panic, but shakeout imminent. We may see a continuation of a downward channel for months to come. I do not see an immediate crash, but this is the safest way for institutional money to...
I made an example of bitcoin logarithmic chart, with the existing uptrend which never broke. Becides that in chart you can see, that every week that passes, there is a higher "lowest point", and it grows per ~100usd per week. Since this is historical chart and as we see that bitcoin never disobey following that trendline. So million dollar question. When...
Since the top of June we saw a clear correction to the previous bitcoin level. With the break of the 61,8 fib-level in the area of 7.200$ we confirmed a further downmove. Some people say it currently looks like a doublebottom but i don´t think so. It was definitely a new low and we jumped back into a boring sideways zone. If we want to confirm a bullrun we have...
On a daily Chart I am beginning to see a little bit more sense of which direction I think price might want to go. I see price pulling back a little, then get to the top of that channel and bounce right back to $6,500 if it doesn't break the resistance of that channel. OR Price of Bitcoin might fall a little more (and maybe back to $6,500 and maybe dip...
Hello to all watching my charts. No after the big fall yesterday i think we should have a closer look to the big picture, cause in shorttime its all Short , all of my channels show me "short" of cours. So have a look at the picture. Where are we now ? We had a break of the long lasting LONG trendline 4 weeks ago in September. That has ocurred the first big...
Correction over? Maybe but i do not believe it. Here are my thoughts: In the daily consideration we can see a double bottom at 7.7k. That means the dump is temporarily over and we have to accept a consolidation for the next few days. My target area is 8.9k with a touch of the falling ema-ribbon. Even if it can continue to rise at the moment i don´t so see a...
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position to gain good profits. In a lower time-frame (4hrs) this long position has also been conformed. Target profits are mentioned in the chart. Adjust your Stop Loss according to your lot size, account equity ,strategy & money management. ***If you want to get in this trade from this...
Bitcoin USD is on a bull run and has broken out! how high will it go!
In a closed chat, gave a recommendation to buy from the $ 10,150 zone (already 5.62% profit at the moment from the entry point) Why they bought: rebound from a strong level of $ 10,000 I think we are going to block the top gap. Need to see what the reaction will be near the level of $ 11,000
So people have been asking, "Should we sell?" My answer is "HELL NO!" Look, I trade nearly full-time. I also have a part-time job at a coffee shop and I take college courses. I do enjoy trying to increase my BTC holdings where I can. I use Bitmex a couple times a month shorting and longing on 10x and 15x (rarely 100x, usually with 10k on 100x for a 2-5% gain then...