So this boring sideways phase of BTC is really testing our patience. But for how much longer can it go on? Well, if look at historical situations where we had very similar structures, this already happened twice. The first time in 2012, and then in late 2015/early 2016. Two things are happening which point to the timeframe
where a breakout will happen with a very...
Will BTC make a new local low this month?
BTC failed to break the downtrend resistance since 20 August 2019, resulting in a big drop to ($9,900 - $10,000) area. If the strong support established since mid-July 2019 fails to hold the price, BTC will make a new low this month.
Though there has a small pumping of BTC in the last hour, however, buying force is still...
WELCOME TO THE BITCOIN GRID CODE - THE SCARED TEDTRAHEDRON STAR
Bryan Christopher Amos, AN Alabama Man, Cracks the Bitcoin Grid Code, with All Points Intersecting
An Alabama man named, Bryan Christopher Amos, officially Cracks the Bitcoin Grid Code, with all points Intersecting (Every Uptrend Channel, Every Downtrend Channel, Every Significant Trend-Line, to...
hello. every one ,hope you guys are enjoying this rollercoaster of price bouncing in and out of 10000$ in Btc for the last 2 weeks.
Now following my last controversial post that am still backing up to see Btc fall below current price down to 200$ in next several months or so we look a little closer into our last sightings of 10000$ highs like we said good bye to...
Here we have BTCUSD 4H chart.
Previously we had these two specific directions in update 20 which are reached in a perfect way :
Now we have a shorter time frame compared with last ideas, But 4H have critical situation, So what are we watching here ?
Hello brother and sisters of crypto ; i hope everyone of you is kicking it with in the market and having some gains as we head into this very long bear market,,i for one had held back my opinion on issuing this insight because despite my views am an enthusiast and believe it or not i very much want to see BTC at these highs i keep seeing everyone claims we are...
Price moves in an alternative scenario.
Locally in the wave (iv), a wedge correction model is formed.
Short sales at the current price with a stop loss of 10400 are relevant.
Profit should be taken at the level of 9500 and below.
Also note that the price range of 9100-9500 is a good place for purchase.
So it seems that BTC is not doing the gold chart fractal. It is now almost certainly ivalidated.
Instead, it does what it always liked to do best: Long plateaus after a small pre-rally.
This rally from 3k to 14k was really similar to the one in mid 2012, and the one in late 2015/early 2016.
And every time after such runups, btc like to relax for a long...