I warn you here clearly. My analysis says Bitcoin will fall from here. Do not open any long untill you're damm sure about it.
In this video we discuss the Bitcoin forecast as we finish out the rest of the year (Crypto Spring). We are keeping an eye on the triangular area between the Maximum Halving High Pressure Zone and the Future Halving Price Line and the potential that bitcoin could meet significant downwards pressure in this area. Also, we're looking at the 365 Day Moving Average,...
Past Performance of Bitcoin Bitcoin recovered on June 15, but bears remain in control. The June 14 bar is critical in shaping the short-term trend. Since the candlestick is bearish engulfing and broke below the June 6 lows, the bear breakout formation set in motion by the June 5 bar remains. Technically, traders can look for entries to short on every attempt...
Past Performance of Bitcoin Bitcoin remains within a bullish formation, visible from the daily chart. Even though the upside is capped and there has been no confirmation of the May 28 bull bar, the path of least resistance is upwards, at least reading from the current candlestick arrangement. Immediate support is between FWB:27K and $27.5k, and the middle BB on...
Past Performance of Bitcoin Bitcoin is higher today, shaking off the weakness of the past few days, but is capped below immediate resistance lines at $28.3k and $30k. Even though the downtrend remains and prices are within a range defined by sellers early this month, selling momentum is waning. For now, how prices react at $28.3k and $25.8k on the lower end will...
In this video we examine the bitcoin price action after reaching category 1 in a Bull Market. We are currently at category 4 and have been holding the category 1 price line at 26,976 USD since March 18th. We are still expecting more upwards movement towards the future halving price in the very near future.
BINANCE:BTCUSDT This is my market mood indicator. Accurate determine the bottoms and top of cycles. Based on this analysis on BLX chart and Monthly timeframe we can find something interesting - Marked Monthly green zones. - We never seen white color disbeliefe zones. - Previews 3 times when we saw BLUE color it was a bottom (I was impressed how accurate it...
BTC/1H `at the bottom of rising broadening wedge Forming another pennant ` After Pumping into 23.9 yesterday btc gets rejected at a local support and starts to bleed and touches the bottom of the rising broadening wedge The Rejection was heavier than the pump and price endedup consolidating near the bottom of the wedge indicating we might exit it again Also...
Past Performance of Bitcoin Bitcoin remains in a range, and price action is still dull at spot rates. As it is, BTC has support between $18.5k and $19k and is technically bearish, reading from the candlestick in the daily chart. Days after the October 13 bull bar with relatively high trading volumes, Bitcoin is back inside the bull bar and broadly inside a bear...
Continuation of last post with new screen and more detailed projections
I would say the double top at 45k is extremely bearish. BTC will attempt to make a higher low around the 42k "Bart" pattern but I think it will tank right through due to some geopolitical fear. All markets are impacted by the threat of war but that's just it: a threat. The threat will continue to drive prices down until the 30-35k floor is once again tested. BTC...
Bitcoin will reach $49000 following my analysis 85% chance that it will hit $49000
I want to touch on the topic of bitcoin's cost production value. This is a rather important matter as it gives a better understanding of its price's cost bottom. Many miners talk about 15-20 thousand USD as its cost production value. They are right! When it comes to individual mining, then this is most likely to be the case. However, based on the above evaluation,...
I've seen a lot of posts about how we just got a golden cross on BTC. I never use moving averages in my trading mainly because its a lagging indicator. Here's an example where the seemingly Bullish Golden Cross got people rekt. I'm not saying its going to happen but we as traders should be prepared for anything.
Looks like we just broke the parabola and had a retest which actually created a bearish divergence. If you look at the BTC market cap index chart, it looks like we also have a bearish divergence on the 1hr also breaking a bigger parabola. Could see a big move down very soon. I linked the other idea below. Key levels we could have temporary bounces on are circled.
It looks like we broke the parabola. Parabolas usually retrace 50% and up to 78.6%. Key levels to watch are the circled FIB levels. I don't think that we will go lower than 31.5k.
Hello , here we see our Bitcoin weekly chart from Bitstamp with the long view ! All the way from 2012 to present market . And you can clearly see the channel we have been in with the black lines on top and bottom . During Bitcoin's last 2 Bullrun cycles it touched up to the top of that line at some point and there is no reason why it shouldn't do the same this...
Like And Subscribe(😊 Thanks in advance) Should you still Hold, Buy more or sell you Bitcoin at this current price of Bitcoin? you may be asking after bitcoin recent price actions. I am sincerely more than happy😳 to welcome our new subscribers. My analysis are always multi-timeframes, so please do expect a full week play out of my predictions. as a result of my...