The market dominance of bitcoin TOUCHED THE MAXIMUM and will shrink this weekend. Means bitcoin buyers are finished accumulation and now the price will stay at 24000 pet Bitcoin or at most jumping very volatily between 30000 and 22000 when investments in form of bitcoins will flow into alternative crypto coins with similar if not more expressive FOMO Rally like...
#BTC is looking strong on the long run >> But it is Possible to have a Short Term downtrend >> <> <> Before Investing <> Cheers !!
BTC|USD 16 DEC 2020 Ho Ho HODL
I think bitcoin has started to decline and we will see a drop of at least $ 16,000 in the coming weeks. Which one do you think will happen? This post is just a personal idea and not a buying or selling advice.
in 2017 the fight against previous ATH from 2013 at 1100 resulted to rally with 5 Waves and 20x gain. Some Alts were at 100x and more. This time could history repeat and but we will not have 20x, at most 3x as of volumes are too big. But altcoins could gain 100x and more as of there are more trading pair at very low prices, where one two bitcoininvestment could...
After getting close to ATH, Bitcoin cooled off a bit to gain some momentum. It is now forming a bullish flag and we're about to test its resistance. A successful breakout will for sure take us to the new ATH. If we fail, we will likely test the support of the bullish flag at around 14,000 EUR. What's your take? Let me know below your thoughts.
📍 This chart demonstrates how sellers are now stepping in to defend the previous support which becomes resistance and how those buyers stepping against the current should be punished. The lust for continuation down is greater than many expect at first glance. With the retreat already underway, sellers are threatening for another -10% leg lower towards...
📌 The "formation" of the strong resistance Here we are going to track a live example of BTC putting in a major high which will probably last into Q1 2022. My models are taking note of the outflows which are far from easy to spot: in the endgame of a swing, it takes A LOT of energy to crack resistance, the whole business involves activity. Think of the set-up...
An important chart update here as we approach the main targets in the leg higher. For those who have been following the live flows we forecasted earlier in the year; we have the choice of retreating and taking profits and avoiding loss of time. The question of momentum must be in some ways critical. The following diagrams show a breakdown of the previous...
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Hi, This is my short term view (8h) on BTCUSD. As we can see the EMA50/100/200 and MA200 are back under the bars so that gives it in my eyes a little support uptrend. As technical analysis says everything is pretty ok, from buy to strong buy from 1min to 1 month. The only bad things are the oscillators and more precisely Momentum, MACD and RSI. A: In my opinion...
Hello traders. Here I would like to give my take on whether if we are in a euphoric bullish pattern: the parabolic curve. Parabolic Arc chart patterns are generated when a steep rise in prices are caused by irrational buying and intense speculation. For Bitcoin, the speculation is not based purely on the fundamentals, but more based on the fractals of what we have...
I'm seeing similar vibes to May for the BTCEUR pair. A consolidation at this range would be an extremely bullish sign for Bitcoin, also allowing room for some money flow into Altcoins again. Let's see what happens.
Hello Traders. Here I would like to revisit the "big" drop we encountered after we witnessed near ATH levels. Now that we have some more data to play with, what kind of information can we pull from these levels? We have to understand this from two perspectives: 1. Market Psychology Analysis 2. Technical Analysis (Realistic) Market Psychology: We are now...
This is my bet we all know Bulltard From the begining First Purchase on Bit-it 50€ april 2017 Don't sell the best digital gold too early H.O.D.L
A phatty support has formed in the orange rectangle, supporting the current drop. The 200MA is a prime point for entry into BTC for long. Litecoin can be seen to be printing this support structure also. Lets see if we can break the ATH! Chart linked shows the fib range with a top at around 23k.