BTC/USD Bitcoin proves today that the bulls are still interested in the market despite the whole sector's uncertainty. BTC is technically forming a bullish ascending pattern which has the probability of breaking to the upside if the flat resistance is broken with convincing volume. Trading with patterns without confirmation breakout is a high risk especially...
Using logarithmic (non-linear) regression curve Trololo Lines to forecast the BTC (BLX 1D) price range, and it's trend within the range - based on previous trends influenced by the halving every four years. Not as exciting as Stock-to-Flow models, but pretty close up until 2023 when Stock-to-Flow launches from 100k in 2023 towards 1 million in 2025 (not shown) -...
Hey whats up traders/investors my name is Dalin Anderson. I see a great long term buy down here with cyclical timing in the markets. nobody knows what the exact low will be for price but I see only 2 wave counts in the correction. 1 = wxyxz correction and wyx correction (bottom in at 3.2k) 2 = Large ABC correction and death wick to 1.2k I'm investing long term...
BTC/USD Bitcoin is still floating inside this consolidation phase where the price is just trading sideways with a flat line of resistance at 6800 areas. The priority remains to the upside for as long the trend-line support and the 50MA on the 4H time-frame holds. No major red flags on Bitcoin but only showing some minor weakness because the longer BTC stays on...
BTC/USD Bitcoin is facing minor rejection at 6600 but the price action is trading above 100MA inside the ascending pattern. If BTC can hold this level for the next 24-48 hours, we could see a potential breakout to the upside as the bears failed to drop the price during its consolidation. A trading strategy here is to wait for the break of resistance and open a...
Just look at that wick and this beautifully formed gartley! I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
BLX TA Update Bitcoin finished it strong after regaining back above the 200W MA today and trading above the last trendline of support. There is still hope for the bulls, as long as the price action will remain above the bearish territory within 3-4 weeks, there is a chance this potential head of the Inverse H&S pattern will get the opportunity to become a...
I AM SEEING MANY WAVE COUNTS PREDICTING AN INCOMING 5TH WAVE! FROM MY COUNT HOWEVER THIS IMPULSIVE MOVE HAS ENDED! WAS THE CORRECTION TO 3148.33$ PART (A) OF AN (ABC) CORRECTION? PERHAPS A (WXY) RUNNING FLAT? IS THIS THE THIRD WAVE OF AN IMPULSIVE MOVE DOWN? STAY TUNED :)
Death cross on daily. Target can be 3600-3150. To regain bullish territory btc should close daily candle above $5900 and hold.
Silver and gold are making records at the bullion stores, the us mint is running out of certain types of bars and coins, and this is just the beginning. The nice thing about bitcoin, is that soon it will have less inflation than gold, and it can be sent anywhere in the world, and settled in less than a day, or even 10 minutes for larger/instantly for small txs on...
I suppose the new ATH in BTC will be in august 2023. I dont believe in new ATH in 2020 - 2022. Remember that's only IDEA .....
I think BTC price is still in correction phase. We can see $5500 as 0.382 fibonacci level and retest of BLX Weekly 200 EMA. probably right after halving, we will drop these levels and will start long bull run.
Bitcoin is free falling. Next support is more valuable because it is based on same support line which saved btc at 6477 region. let's see what happened when it hit there. Market is also in extreme fear @17 today. If bitcoin bounce from here then resistance would be around 87-8800.
Stay patient. Have a plan. Stick to it. No need to be shaken by the low time frame charts. Follow me on Twitter @blake_bitcoin