morning, >btc is holding the line pretty well down here after that little dump from yesterdays local highs - indicative of strength. >lower timeframe bullish divergence is printing on this fine morning >our indicator shows a good potential for a push up from here after some more consolidation. this move over the last week or so is quite perplexing, and until we...
morning, overnight move looks really weak, unsupported by any volume what so ever. looks like a short raid in my honest opinion - before continuation to the downside. we need to break above 51972.93 to invalidate this bearish idea. push through mentioned level, and that's when buyers would step in to take this to the next big level of 55k. until we take...
morning, taking a closer peak at the current extensions we've got going on within the current impulse, and i've to lean into more downside than most are currently imagining. majority think the bottom is in, and we're going to 100k from here 😬 don't be that guy lol. --- sticking to original plan \ looking for the bottom to be in closer to feb\march in the low...
Nice little trap today, but it isn't going to deceive me. our system is picking up a 4H algorithmic buy down here; which is a pretty huge signal that's going to launch this in the hours ahead. Might look a bit scary right now, but I'm longing this and not looking back. Targeting anywhere between 53~55k on this next push up; potentially to play out a larger...
Whoops, I accidently posted this as a private post this morning Lol. --- morning, quick update to yesterdays post, looks like we started to play out the alternative scenario after rejecting the 0.65 algo on that scam move up yesterday - i called out an exit on my long right at the peak of that move (within yesterdays post), and have been waiting patiently ever...
morning btc is sitting down here in the local golden zone after a 3 wave move down; currently at the bottom end of this little channel we've created the other day. our indicator looks decent for a little push up, but i think it'll be short lived. my upside target on this little swing will sit just above 53k, which will be a very high area of liquidity for...
Good morning peoples, One of the mods didn't like my btc update post from last night, and took it down. Still not entirely sure why, he's never even responded to me. ---- anyways, Btc is currently in a daily squeeze, and it's pushing through every technical level I had envisioned for it. This is common during corrective phases, as the market works it's way up...
Preparing for the big dip, ill be buying at 10k, cheapies
I've sensed some weakness in the BTC market for a while now and I've been trying to make sense of what could happen over the next few months to a year. Originally, I thought BTC would go much lower (sub $20k), however, looking at the bigger picture and the ichimoku cloud, I don't think it's a strong possibility anymore. I still don't think we see $100k BTC this...
An interesting comparison of the cycle from 2011 to 2013 compared to the cycle of 2018 so far. Although this may not guarantee a future trend, the high similarity between the two cycles can be significant.
This is my personal opinion and observation. it is not financial advice.
💎Technical Analysis Summary💎 BTC/USD -My previous update last November 30 has failed -Bitcoin drop down to its weekly key support area -The price also retested the 50week Moving Average -And currently, we can see the BTC is reacting to this level -A massive -30% flash crash hits my stop-loss of a few trades I opened -The good side though I'm following strict...
There is a general negative sentiment around btc. Could this be the end of the bull market? There are 2 possible outcomes, one is the bearish case: Implying there have already been 5 waves to the upside and we are already in a bear market. It is possible, but given the general sentiment of fear I do not think that's the case. No bull market ends in fear, but in...
⚠️⚠️⚠️ IMPORTANT !!! This Scenario Is Not Confirmed Yet ⚠️⚠️⚠️ Frist, let's revise some facts: - The market in general is not a monolithic entity but a complex system of individual, professional, and institutional investors, each making decisions based on their own views and interests, but somehow all of them is believing on the "moon" soon or later. - When...
No crazy moonshot. The next bitcoin halving is in 2024; meaning each block mined is cut in half again. Based off of the previous top of 65k, we can safely assume that the next halving top is at least 130k. BTC is only gaining more traction, popularity and scarcity. Technology is the future, please do not invest in it lol this is not financial advice.
I've long held to the theory, that the 2011-2013 BTC bull run is equivalent to the 2015-2021(22) bull run. So my fibonacci lines are from 2015 low to 2018 high. I suspect BTC is forming an ending diagonal. In addition, I would not be surprised to see BTC do a throwover for the final wave 5 of the ending diagonal to nail the 4.236 fib of years 2015-2022 bull run...
Hello investors and traders. Did yesterdays dump get you down or scare you? You need not fear , Bitcoin is not broken. In fact its stronger than ever. Does this mean prices can not go lower in the short to medium term? No, they in fact can and should be looked at as buy opportunities. How do we determine what to expect? 1 If bitcoin breaks back above the 21...
The last move before the burst of bubble. Huge volatility that's just started.