I can see from here one LONG term scenario: calm climbing towards a new ATH (provided halving is in place in less than 50 days), than explosion to the upside few days after halving.
How much endurance it has got ?
FRACTAL DIMENSION OF TOTAL COIN MARKETCAP NOV 2019 AND PRESENT For short term, it MUST strengthen its bottom AT LEAST ONCE For long term, if supports alive, accumulation will be compansated, ie. market fly.
2 possible scenario at present
I expect BTC to consolidate between the symmetrical triangle in the chart and reach a new ATH once breakout occurs. New ATH range between 30.000USD to 90.000USD between late 2021 to late 2023. This is just my opinion, not financial advise.
2020 early Summer will be a bloodbath for BTC holders. Worse is yet to come, mark my words. From this month to May price will be on downward. We have not touched the bottom yet. My best advice to everyone is to buy in the summer. Good luck all.
Hey!! As a related post you will find the actual trade we took, but heres a video explaining our short on BTCUSD and BTCEUR again!
Hey all! So we went short, then long and we are now short again on BTCEUR!
Trading on the weekend is awesome :D selling BTCEUR gave me a solid 0.3% gain and now im long. Related to this post is the video analysis too
In the related video you will see me go short on btceur and I closed it while the video was updloading with just under 500 eur for the morning... in this video I explain why im going now long on bitcoin. enjoy
I already closed this trade and went long, check the next video for the details of the profit and why I went long on BTCEUR after profiting on the selling side
Dear readers, After last weeks huge dip and follow up manipulated wicks, I see something huge to come by end of the month. I am speculating that by first week of April we may hit 7400 or more. I will eventually update this chart if I find any move that act against to this idea. Trade Setup: Buy price < 5300 stop loss < 4800 Target > 7300 Peace, Budha
BTC/USD Bitcoin is holding strong the price range between 5200-5400 zone and looks to be forming a bullish ascending triangle as the price keeps making a series of higher lows. BTC just had a bullish MA cross of 50 & 100 moving averages on the 1H time-frame. This signal short-term shift in momentum to the upside but still not confirm until immediate resistance...
Hi all, I am back with another idea. We are blessed to witness great price action over last week and got great new lows to buy for the life time opportunity. On weekly: Bulls gaining momentum to end the dip On Lower time: little bearish that may or may not take back to 4500s one more time Daily Suggesting sideways with Bullish Momentum. Yesterday is a great...
What most people don't realize at times like this is to zoom out and check the bigger picture. This is the weekly chart of bitcoin which show a symmetrical triangle formation and possible bull flag. Also note how the volume is slowly lowering since the kickoff of the bullish run. In the shortterm bearish scenario: My first target is going long 6500-6700 My next...