My thoughts on the current situation.
Bitcoin and the relationship between the bullmarket TOP and HALVING.
In the two previous cycles, the TOP of the entire growth cycle was exactly 820-850 days before the next HALVING.
Taking this into account, theoretically, we should reach TOP in December this year, and then go into
a downward trend and consolidations for the...
According to "2-Year Moving Average Multiplier" it is not unlikely to get a 2nd "Pi Cycle Top" this year (maybe), like in 2013.
With reference to BITCOIN The Golden 51%-49% Ratio! 600 days of Bull Market left! top will be end of September 2021. I think it will be end of 2021,
The CBBI-Confidence Index was 100 at the top in November 2013 and at the top in...
My first Big Notice since April 1st is that BTC is Trapped and this could last for the rest of 2021 to first half of 2022. Not a good news right?
The current pattern forming on the weekly chart is a Triangle ( a triangle is a consolidation or sideways movement that last for over 3 months to years.
while other patterns that look just like the triangle...
Currently trading - 46 600USD
After 18% dump could come some retracement.
Support - 46 000 - 42 500USD
Resistance - 49 000 - 52 700USD
Why bitcoin dump?
Bcs in market was very low volume and below 47k were many SL and liquidation. What to do in this days?
1) follow the 1D chart and the nearest support = 46000 USD
2) BTC is in bullish trend as long as we...
As you can see, with the rsi is forming a bearish divergence, thus it is likely that bitcoin would fall very soon.
Furthermore, we are at the same resistance as the past 2 times.
In conclusion, it would be likely for btc to the major support line. (42K)
NOT FINANCIAL ADVICE JUST MY ANALYSIS OF THE CHART PATTERNS.
3 white solders on the weekly are giving a target of $60,000 on the upside.
Inside day on the weekly points to lower target of $27,601 so be cautious.
There are many other chart patterns and candlesticks all giving targets around these prices with a high level of certainty.
The good news is that if...
The momentum is strong right now I called this area as being very emotional because of Elon Musks purchase. I'v been long since 30 k (chart in related ideas) and I think we got a lot more to the upside.
Check out my other 2 charts I saw this coming I felt it in my bones.
This price prediction shows a dinamic curve resistence we have been carrying since almost the 60k level to the 34k level that had a breakout and then formed a descending triangle. As we can see the descending triangle ended up breaking above the 35k level forming a price projection of an exponential grow of the $BTC price. It is also important that this price...
BTC price on 1W timeframe closed above $33380 and above the 50MA. In my previous idea, I clearly stated that it would close above the 50MA and above $32000. Please open the related link;
Our next short-term target is $44000.
In the month of August, we will see such a...
The previous week of trading on the BTC market passed without any significant shifts in a positive or negative direction. The targets of our previous idea are relevant:
After the previous weekly candle closed with a big hairpin down, the market expected...
Very difficult to predict for now
- 0.5/0.383 Fib is there
- Ichimoku cloud as support for now
- Trianlge to be broken up
- Being under Ichimoku cloud
- Trianlge to be broken down
its make new situation with 29500 support level
In the anticipation, perspiration and determination of traders which find the greed on $30,000 price level.
It is just the starting of the robust bearish road to $15,000.
It is for the worst case scenario.
What comes up must comes down.
From my experience of trading, we called this a 'revesal momentum'
As fast as the eyes can see for previous momentum...
The tense situation in the BTC market is beginning to gradually change, giving buyers a chance for a new wave of growth. The unsuccessful attempt of sellers on June 22 to continue the fall in the price of BTCUSDT ended only with the renewal of the previous minimum. Having formed a false breakout on the daily timeframe, the buyers did not stop and closed the...