In this graph I explained if Bitcoin cheap or expensive for long term investment (5-10 Years).
Bitcoin /USD trading in Descending Channel pattern. According to chart pattern analysis we might see upside in Bitcoin/USD towards resistance level of channel pattern at 17950. long trade can taken with stop loss as shown in chart. trade with stop loss and own capital risk management. views/opinions are welcome to discuss
This week I predict another selloff in the stock and crypto market after the CPI report on January 12. My price targets for Bitcoin BTC are: BTC/USDT short Entry Range: $17100 - 17300 Price Target 1: $16400 Price Target 2: $15990 Price Target 3: $14990 Stop Loss: $18550
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
look at these two supports. we can see a pullback on a very long dynamic broken resistance, and also a decent pullback on a HV on volume profile. next resistance without looking at waves and harmonics is on 19K. this idea is not investment advise. so be careful. we have no support below down to the 14000.
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,...
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.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Still working this video thing out. Going to be using TV as a rough draft. So uploads on other places will have the corrections and will be cleaned and scrubbed...
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...
We are in peak fear territory and everyone and their grandmother has lost interest in crypto. This is where Bitcoin makes the 10k candles.
Bitcoin is still on the correction followed by multiple fakeouts creating a series of fractals on the daily chart. Based on my latest analysis on Bitcoin I’m expecting the price to see the $12K channel.
After it failed to break the Fibo 38 level @ $17800, Bitcoin is testing Fibo 23 level @ $17000 and is preparing for a possible drop to $15000 and even $13000 levels, Signs of weakness appeared clearly especially on smaller time frames, where a reflective candle formed on the hourly chart, we still need to see how the daily candle will ends.
Hello, my dear friends! Last time I told you that Bitcoin should grow to $17200 before the crash. This pump is going to print wave C. Today we are going to consider the wave’s C underlying structure to reveal where the price can reverse. Let’s take a look at the 1h time frame on the WHITEBIT:BTCUSDT chart. I suppose that wave 3 has been finished becuase...
Greetings and Happy new Year fellow Investors Traders and ofcourse beez! In our today's post we will analyze BTC next moves in the upcoming months (Q1), taking into account all technical factors that may affect the price behavior and consequently price volatility . In particular from a technical point of view, BTC after testing the area around 18400$, it created...
Happy New Year to all traders! I have been waiting for a while and accumulating for these purchase points in Bitcoin, here I leave you a new comparative analysis of the weekly BLX on a logarithmic scale together with the Bitcoin Logarithmic Curves and the Rainbow Price Chart. On this occasion, the purchase points with the highest historical profitability in BTC...
After a significant amount of eyes peering at the previous "Second Thought" chart, my third eye recalibrated to a more accurate senario that also aligns with some significant dates and measures. A VERY LIKELY SENARIO 1. Four Hundred Fourty-One days ends a cycle in the eyes of W.D. Gann, and that puts us at 1-20-23 2. Using the Gann Star and placing the .5 ...