I think BTC will reach its previous ATH before the beginning of Septemeber. Also I predict to see a lot of volatility from mid Jan to the end of March due to news around ETFs and halving.
Overall, bullish and buy the last dip.
The current trend of BTC is very weird. What was once a possible wave 2 pullback is now invalidated and where is we going now?
The structure of Wave C to me looks weird to be a regular impulse and could be a potential diagonal. If this is the case, the final target of w5 of diagonal matches nicely with the 50% retracement of the last major impulse to the...
Hello, members welcome you all to BTC/USDT 30 minutes quick chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
As we can see in this quick update that BTC created a Triple bottom pattern which is a bullish pattern and bounced with a big green candle.
In the current scenario, BTC is showing some correction and...
Hi, thanks for viewing.
I am targeting these levels as an entry point for BTC; between 28,570 and 27, 737. It may not get there... or overshoot of course. So, I will buy some at these levels and watch for signs of support if it reaches that zone... if I can get a higher low with good volume I will buy the rest when I see this.
Where to after that? I don't...
A
Bitcoin -6.7%, Etherium -4.0%
The decline in Etheriem was smaller than the fall of Bitcoin.
This is the first sign that Bitcoin has reached its peak.
B.
If the recovery of Bitcoin is low until the Ethereum reaches its immediate high point of 650 USD (BTC 28,400 achieved fail)
This is a strong signal that Bitcoin has reached its highest point.
C
This indicates...
it looks we are at down trend effect, as it looks and expect we can hit 7700 area.
Back to 7K.
this depens on trends/news/chart.
# nobody know the future, this are only expecting.
as we know there is at this moment also a virus active, lets hope this will not have to mutch effect on bitcoin.
Do we really need to have the entire EW history charted or can we simply eyeball & count 5,3,3,5 waves? Especially when sub-waves previous to the impulse don't exactly subdivide according to EW rules but are confluent with other indicators
If we break below the bottom of the 225BB (Standard deviation) SD, we're likely to drop to the 605BB median line around $8.450 on the 4hr
That should catch us but if we continue to fall (unlikely IMO) next stop should be the bottom band of the 225BB 3.2 SD (green band) around $7,700
These 3 bands have worked incredibly well for some time, especially the 605BB on...
