Bitcoin
📉 BTC-USDT with Elliot Wave Theory Analysis 📈 I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far. As I've discussed in previous posts, BTC normally stops at a -30% correction. That will put us HERE...
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here Even tho the bull market is here BTC has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level but should go lower when ready. This is a bullish structure and dips are buys, when...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Here we'll take a look at how the previous bullish cycle played out. By following Elliot Wave Theory, we can find a target for a potential...
This is more of an experimental scenario, however there is always a probability this could happen. I just won't be too optimistic at this point since we are bearish at the moment and are still making New structure lows and Lower highs, however if we go to $2,800 and start showing signs of reversal it might be time to buy more for the long-term. This scenario calls...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. In my previous updates, I've mentioned the two scenarios that I foresee for BTC after reaching a new ATH. I'm leaning towards the NVDA fractal,...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. In my previous updates, I've mentioned the two scenarios that I foresee for BTC after reaching a new ATH. The one was a correction, and the...
📉Hi Traders, Investors and Speculators of Charts📈 It's been a while since I've done a macro update on BTC since the previous update. I love the logarithmic view of BTC. It gives a clearer indication of price increases alongside growth. Although inflation and value factors aren't physically calculated into the price, seeing the upwards curve makes more sense from...
Bitcoin (BTC/USD) price is uptrending and currently testing all-time high price levels, again in March 2024. Bitcoin price needs to break and hold above $70000 to continue the uptrend this year in 2024. Weekly Resistance pivot point levels are: $70000, $80693, $90000, $98690, and $116687. Weekly Support pivot point levels are: $60000, $52511, $40000, $34514,...
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here Even tho the bull market is here we can still have crashes. The ALTCOIN market has just hit a critical level . This needs to be watched carefully. Please watch the video for more information Have a great evening.
📉Hi Traders, Investors and Speculators of Charts📈 Bitcoin is undoubtedly on it's way to making a new ATH. But one question is on everyone's lips... When will we see a pullback? Pullbacks are a normal and healthy part of any bullish cycle. With the price increasing constantly this entire week, a pullback seems immanent. In today's analysis I'm sharing a quick...
The highest ever monthly candle close has been recorded for Bitcoin in February 2024 for both BTC/EURO and BTC/GBP pairs #Bitcoin
📉Hi Traders, Investors and Speculators of Charts📈 Leap years are somewhat mysterious with many countries and cultures celebrating Leap Day as something special. But do the charts also celebrate leap days? Just incase you didn't know, Leap years happen when we add one day to the end of February in order to align our calendar with the Earth's orbit. Once every...
📉Hi Traders, Investors and Speculators of Charts📈 More and more institutional buyers have recently admitted to investing in BTC, as we see Grayscale and BlackRock (to name a few) all invest massive amounts into this digital currency. This could mean a few things for this bullish cycle, including: 📢 More reach (more retail investors) 📢 Higher market cap (more...
Bitcoin did not fall on Friday, February 16, 2024, as expected from the Litecoin pattern, and looking at it from a different angle, I realized that the growth targets for Bitcoin are very close to their completion. Attempting to short it now seems like a mad idea since one could constantly hit stop losses all the way up to $60,000 per Bitcoin, and then, when the...
📉Hi Traders, Investors and Speculators of Charts📈 If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1. According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by...
📉Hi Traders, Investors and Speculators of Charts📈 It's always good to refer back to the MACRO trend when watching BTC. From a macro perspective; we're definitely overdue for that proper bull-cycle correction - also important to keep in mind the halving coming up in April. We can confirm this bias by taking a look at a very specific indicator called the Balance...
Breaking 23.3k after holding 22.3 fairly well, I believe the market is due for one last push of the little volume (relatively) is left since the surge from 17k towards 25-26.3 and finally a healthy correction back to the lower limit support 19-21.2k. And then off we go 30k<
📉Hi Traders, Investors and Speculators of Charts📈 BTC is approaching the halving, during which the price usually fluctuates wildly as volatility and volume show up. For any given dip, I don't expect us to break the white diagonal trendline (which validates higher lows). When the price trades in a tight range, it's helpful to follow the classic rule of "buy on...