halving

Hi all, this is BTCEliX!l If you have been following my updates on my Bitcoin Live Trading Alerts Subscription, Twitter or Tradingview you would have known that I warned that the Bitcoin Megabull cycle could potentially start earlier then we expected in July 2017. AND IT DID! All the exchanges Coinbase, Bitstamp, Bitfinex, BTC-E, Kraken made new all time highs ...

Chart: https://www.tradingview.com/x/UfXQ45BW/ So I did a comprehensive chart of BTC on Trading View using Brandon Kelly's latest video as instructions (https://www.youtube.com/watch?v=3Kc6zvOQers). I have put 3 vertical lines in, one for each halving (2012-11-28 and 2016-07-09) and one for the upcoming soft fork on 2017-08-01. I have also put a number of ...

This is another very prophetic post, like my ETHBTC one. I think that we will get an approval by the SEC, but, since the ETF won't bring money into Bitcoin right away, price will fall back to weekly support at 1139 give or take. Bottoming there, while big players accumulate positions, until the market is ready to trend up vigorously again. The market is likely ...

Up until now Bitcoin was still consolidating in a wide range of $680-630 in the ascending triangle and did not rally as I expected after the halving day yet to retest $750-790 area. One thing you can learn from Bitcoin's behavior over the years is that it ALWAYS retests the previous high a second time. Also Bitcoin LOVES to bounce within triangles. Currently we ...

Bitcoin has been running far into the apex of its potential triangle pattern. Usually this means the pattern is either not happening or the move out of it will only be very shallow. Overall the consolidation does not change the big picture. Bitcoin is on the way to $800 and $1,000. Let your winning run and keep your stop at $465

It seems that the CNY denominated chart (BTCCHINA or OKCOIN), is less bearish, at least regarding confirmation of the decline. Whereas the dollar pair has already triggered a downtrend signal in the daily chart, RMB pairs haven't yet, but they do have similar implications. Personally, I'm holding BTCUSD shorts, added already once and trailed my stop down, and now ...

Still going as predicted. Bouncing back from the support, but with over a day to go for The Halvening, we can expect a small dump back to support before the Big Pump. Monday will be interesting!

This is a zoomed in 1D chart of my previous Trading View chart of the Bitcoin Megabull Cycle but this one is based another of my studies on the fractal of 2012-2013. The previous rally to $790 was actually supposed to fail and I did not notice this until I studied the charts and history further. The good news right now is that Bitcoin should bottom at $610 and ...

As predicted.

Like usual, Bitcoin is respecting fib retracement levels. It seems we're consolidation on the $620-$700 range. A breakout of that area will possibly take us to our first target of $750 and if it breaks that it could hit our second target of $800 which is a long term and strong resistance. Breaking 800 would be extremely bullish but I would expect a pullback ...

If we go up from current consolidation and pass the ~$700 target area, breaking the 1st FIB Retracement level - 0.236 - we will probably head to the 1st Target Area around $830. If we break that, chances are we will aim for the 2nd Target area around $1100. I got the 1st and 2nd Target via confluence of Fib Extensions. I did a fib extension on the bigger trend ...

This is a zoomed in 1D chart of my previous Trading View chart of the Bitcoin Megabull Cycle based on the fractal of 2012-2013. It was spot on so far until that additional leg to $780 probably due to that short squeeze that started on Okcoin Futures. Bitcoin blew past $650-680 and we continue our journey way higher as we head to the "moon". If we manage to hit ...

After rearranging the fractal and aligning it properly with our current triangle we can see that we broke out and blew past $470 last resistance. The accumulation being over, and no sellers/bears to be found anymore, we are now heading towards $650-680 and maybe way higher as we continue the megabull cycle to the "moon". From there we have several potential ...

Bitcoin bulls are getting stronger in anticipation of the fundamental very bullish Bitcoin mining reward halvening event. My price target for the halvening (which is calculated to happen in six weeks in June 2016) is between a value of 4000-5000 "CNY", so I drew a target line at a price of 4444 "CNY". Entry: long either as low as possible, or with more certainty ...

Just some fun with the log chart. It's gonna be a whole new world if we manage to break ATH on this upcoming rally.

This is a self-explanatory chart. Assuming that we continue to pump similary to the pump from the early $200s to $500. It is pertinent to note that the consolidation phase has been extremely similar to now. Current final target for this fractal is: $720-680 I am here to help. Feel free to ask me questions or Private Message me directly. Also follow me on ...

Hey All, We finally broke up of this long boring triangle as seen here in this zoom out of the current chart: https://www.tradingview.com/x/XKHsSRGV/ Bulls: After rearranging the fractal and aligning it properly with our current triangle we can see that we broke out and blew past $435 resistance. The accumulation being over, and no sellers/bears to be found ...

2016 Bitcoin Bubble Mirroring 2013 Pre-Bubble Formation