There's a logic behind every thing and patiente is the key... when you know when and where you are headed thinks get a little easier!
Of course nothing is easy! look at those crushing 30-50% corrections between entries and exits... if timming is not taken into account, is easy to lose both money and opotunity
Can you spot the pattern here, and when and why the arrows? O_o
Initial 6 months after each event, the % gained over length of time is eerily similar.
There appear to be different structures of uptrend after each the 2016 and 2020 halving events, but the percentages and over the length of time are noticeably similar in their result.
As it stands, it's agreeable the numbers are at least similar. BUT, If Bitcoin...
Head and shoulders failure, accompanied by lower volatility and smaller less aggressive breakouts leads me to believe that BTC is losing bullish power and will breakdown to a further support or experience a full reversal.
Another major signal, is the decrease in overall volume despite the rising trend. This is without a doubt, bearish.
If major breakout does...
Targets on Chart
Stop Lose :- 0.00000725
MACD Crossed on daily
RSI going up
Looks bullish, already formed two candles, expecting one more daily candle.
if you like the idea please subscribe otherwise please share your chart.
Hi friends hope you are well. Today I want to discuss that is it necessary for the Bitcoin to drop pre or post halving? In order to understand this principle we need to see the previous Bitcoin halvenings then we will move to the current having. If we watch the Bitcoin halving 2012 then we can observe that before halvening the price action dropped more than 25%...
Hi friends hope you are well today we will see how the Bitcoin turns parabolic after every halving event. For this purpose I would like to take you back to the first halvening event of 2012. And on weekly long-term chart we can observe that after the halving event the price action went strong bullish and moved in parabolic way for next one year. This powerful...
The most significant event in the Crypto space has occurred this week, the Bitcoin Halving! Since yesterday the supply of newly mined Bitcoin has been reduced in half, consisting of 900 BTC per day, as opposed to the previous 1,800. Many traders are expecting Bitcoin to surge in value significantly over the next one to...
Phew.. the halving is done! Despite the pre-halving rally, our target of $7430 set at the end of April still looks a strong possibility. The current 2 day chart shows the momentum now pushing down. If the current 2 day candle closes without much upwards movement, then we may see a quick push down to that target of the blue horizontal. A test of support before the...
The weekly pattern is following itself. This is yet another break or make moment for BTC. If BTC wants to go back above 10000 USD this is the time it actually needs to break from the downward channel. If it cannot, the same pattern which led to March breakdown will be followed.
What do you think will happen? Do let me know in the comments below.
Today’s Technical Analysis – BTCUSD- post halving, currently trading in a define range where a breakout at either ends will solidify a directional bias.
Points to consider,
- Bearish retest confirmation
- Range Trading
- Demand zone buy back
- RSI higher lows
- Stochastics above 50
- Volume climax
Bitcoins recent bearish retest confirmed...
What are the expectations towards BTC now with the halving? Well, if we look in the long run, BTC has a lot of potential and the theories about it hitting U $ 50k (and beyond) are not so insane anymore . But what the chart can tell us?
Look at the weekly chart. BTC is trapped inside a descending channel for almost a year now, and last week did a candle that’s...
Here is my long term view on BTC. I will explain why my long term view will always be bullish and what we can expect from now.
Let's start with the halving itself. Every 210000 blocks (approximately every 4 years) the halving occurs. The block reward will be cut in the half. The current block reward is 12.5 bitcoins and will decrease to 6.25 bitcoins. This event...
WEEKLY PRICE CHART - PRICE ACTION BEFORE AND AFTER BITCOIN HALVING 2016/2020
As we can see from the chart there is a falling wedge forming from around mid 2018. In the near future in going to breakout and have the most possibilities to breakout on the upside following the post-halving bitcoin price action in the mid and...
Not Convinced; I think the stock to flow model is great, but let's look at real data before we continue to put our faith in it. For example - Gold has a similar concept, in regards to bitcoin and other cryptocurrencies. Yet, when we adjust price with inflation, there is still extremely long periods like 1981-2006 where price didn't budge. And, if we look back even...
Hi friends hope you are well. Today I'll show you the most significant move by the Bitcoin that can lead it to hit 300K. But before that I would like to show you some developments on the small time charts because these moves are interconnected with the biggest move that I'm expecting in the next one or two years.
The bull flags on daily chart:
As in my last...
#BTC consolidating for the next push. It's not a given, though.
In a positive scenario we should be able to reach at least 11 000$. But the dump on halving is still possible. Lock some profits.
And enjoy the ride.