#BTC/USDT
$BTC inside ascending channels.
🐻 break down from lower zone can cause more drop of price.
🐮 holding the lower zone as support will increase it to the middle zone and upper zone.
Can you see the #fractal? 🍀
This fractal on the monthly BTC.D chart has the potential to play out--especially if we close the weekly candle below 39.95%.
If the merge ends up being successful and bringing more money back into the altcoin eco-system--mixed with some positive macroeconomic news--there is a big chance for altcoins to have relative gains against Bitcoin. Dominance targets...
BINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$BTC has gets rejected from the range's high and the rejection has caused fractal similarities between the current structure and early August's range above.
Based on the data we have, 5...
BINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$BTC has reached the local lows that formed a double bottom in July 2022 and caused the second rush above $24000.
Now, There can be a mini fractal out our last double bottom and cause...
#BTC/USD
$BTC #Fractal from swing low of first of 2019.
⚡️ If BTC closes a weekly candle above 0.5 fib level of last daily swing low, like the swing of 2019 I showed in the chart, price may have repeat that fractal and rise toward 0.5 fib level of the whole swing down around $42k
If you use "Bars Pattern" tool you can understand the similarities better.
In 2008/2009 AMZN stock saw one of its biggest crashes. It wiped out 64% of value in about 10 months. BTC saw a similar crash in 2022/2023 wiping out about 75% of its value.
Let's speculate that BTC would see a similar recovery as AMZN. This would mean BTC recovers 276% to about 65k per Bitcoin.
Because AMZN did it after 2008 it's certainly a possibility....
#BTC/USDT
$BTC broke down from support zone and ascending trend line.
🐻 after pullback to broken support zone to confirm it as resistance, price can follow weekly fractal from Jan 17 to May 16, and drop to $16k.
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD KUCOIN:BTCUSDT BINANCE:BTCUSDTPERP
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$BTC has made its way to $28800, The target I mentioned weeks ago where $BTC was traded above $42000.
Now, There're two...
Using the bars pattern to lay the fractal of the 2021 bar run over today's recent bear market, we can see some pretty good similarities between the two. This suggests that $BTC could be due for its relief really now, more than likely rejecting off of the $35K-$38K region, then finding its last area of support just under $30K, then finishing its accumulation and...
This idea works for both shorting to the bottom, and longing from the bottom into a 3 year bull cycle - as seen in previous BTC 4 year cycles.
PREVIOUS TARGET : My 2020 BTC top time frame prediction was 2 weeks from the absolute top, and my target missed by 8000 in terms of price (78k lower end target vs 70k realized). That said I did take a lot of profits...
things look like they're going as planned. I''m just waiting for price to close above the last pivot high, from there it's a good chance we might see a breakout to the upside, and hopefully an even stronger move to back to the bottom of the consolidation zone and later the top of the daily downward channel!
Time and time again I have been told to master the basics and when it comes to trading nothing is more basic than charting triangles. Likewise, few things are more basic than cloning a trendline used to measure the height or depth of a move and dragging it over to the breakout point of whatever structure you are looking at.
Just a tiny bit more advanced for...
By looking at Bitcoin's previous cycles and the trend within those cycles, along with Fibonacci levels, support / resistance lines, and our current world economy - I came to this prediction. The yellow candles representing the future predication are a fractal from the dates August 2014 to July 2016, which lead into the 2016 halving cycle.
