I'm looking history data and noticed that from 1st halving to the first bear market bottom lasted 777 days with RSI bellow 30 and from second halving to the second bear market bottom 889 days + RSI bellow 30. If we count from 3rd halving to 18.06.22 the bottom day as I told you in my previous analysis/check bellow links to understand why I think it was the bottom/...
I'm looking at daily timeframe. As always after CPI release/today/ BTC price drops and then pumps doing long and short liquidation. I expect it to drop 18.6-19.1K making triple bottom and moving up. I think this time it will succeed to break horizontal rectangle resistance and hit 24-25K. Before upward continuation, it will test the broadening wedge trendline as...
I'm looking at 2w timeframe and comparing all bear markets with each other. History data shows in every bear market this 3 things happen at the same time. 1. BTC bottoms at 0.38 fib level/from bottom to the top/ length of bear market 400-450 days from top to bottom/ 2. These magic moving averages/ in pink circle/ crosses on the exact day/ 3 times in history. 3....
I'm comparing the breakout of 2018 BTC bear market bottom with potential 2022 breakout)) I noticed there is the same ascending triangle pattern which had been rejected 4 times before massive breakout. As I mentioned in my previous analysis I'm bullish on BTC and more likely it will break and pump min to 24-25K, even 28K/my targets mentioned in previous analysis...
I'm looking at 6h time frame and have noticed a bear flag the the mentioned targets and at the same time a symmetrical triangle with the targets mentioned on the chart.
BTCUSD time to buy a fairvalue price to buy near 20k
We' re examining a correlation between BTC and US10Y 1. taking into account negative correlation between BTC and US10Y past 2 months, IF US10Y rejects at weekly resistance with doji candle, we'll see pump in BTC. 2. Considering that US10Y has broken multi months trendline and after retest will continue it's pump and it is a leading indictor ahead 1-2 months,...
I'm watching weekly timeframe, With this analysis I will add confluence to my previous analysis where I told you BTC has bottomed today at 16500-18500 level. Read - BTC touched the lower band of weekly parallel channel with Bullish divergence , which is BTW the bearish conservative projection from top. Read - All my ideas are written on the chart.
I'm looking at weekly scale. All projected targets are shown on the chart.
I have been watching monthly, weekly , daily and lower timeframe charts of BTC past 10 days. Regardless of bearish analysis and all warning shots I posted and notices recently. I'm sure BTC has already bottomed or the bottom would be between 14-16K))): $BTC bottom won't be bellow 14K.
IN weekly scale BTC has broken horizontal rectangle with the target 12,700$. Will it hit the mentioned target or we'll see bounce before that?
Bearish and bullish case scenarios are written on the chart.
Based on my analysis in every bear market, when these moving averages crosses in green circle, it signals the bottom and at the same time the price touched the lower band of DC. Everything is written on the chart.
If history repeats BTC bottom is in)) Everything is written on the chart
On the 1H time frame I am looking at buying opportunities through this Wyckoff distribution located on the 1H time frame. There still needs to be a bit more of development to be sure of this trade setup, however, lets see how this plays out.
BTC Bitcoin has now fallen below the yellow support trend line and is testing the previous lows from mid 2021. I'm expecting a bounce in this area, potentially back up to the red zone around $35,000 which would be an excellent opportunity for shorts, especially if it meets the VWMA 100 on the daily chart in that zone. I think it's likely it falls after touching...
Hello good people , this is a nice btc setup with fantastic risk reward RR : 1/25 entry : 39770 stop loss : 38900 target : 65000$
Thanks again for coming by to this update guys. It is very important for us to look at the long term outlook of BTC as an Investor. Everyone's busy predicting mid term or short term price actions (including me) but when you see the long term picture everything becomes so clean and clear and most importantly Highly Profitable. Here's my overview on BTC after the...