I am a BTC bull, but I see far too many overly optimistic price projections on tradingview.
They seem to draw an exponential channel, instead of the current one, that is curved.
While of course it can be that BTC goes out of the current channel, and bursts through the upper resistance, thus reverting back to its original exponential trend,
I like to be more...
From using this curved model chart starting from 2011 and the fact not too many people are giving up on the bull market yet even after the rest drop, it seems like Bitcoin may actually continue to drop & move sideways until we touch the bottom curved line around EOY 2019.
I think it's safe to assume $6.2k-$7.0k is not out of the picture, though I wouldn't be too...
I thought it was time to make a longterm chart, with all these wrong charts going around, hehe.
They are wrong because bitcoins support and resistance lines are NOT linear in the logarithmic chart.
I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot just continue...
I was very surprised that it was the number of days in the 3rd cycle that coincided with the bitcoin halving. I don’t think it’s a coincidence. Also pay attention to which zone this formation may not be confirmed.
There is such a rare long-playing formation “bear measured move” from the peak of 2017 and it is being formed. Measuring stroke is a fairly long...
Hello traders investors and community. There is an interesting observation which i made and want to share with you today. It is revealing the magic bitcoin
halving-cycle in which we seen huge growing of price after the past...
I was recently asked of my opinion on how I could possibly come up with a Papa Bear Projection Chart where the correction period takes over a year long - one that takes us well into next year, and into and over the next Bitcoin halving date of May 2020. I figured it would be easier to simply print a chart for reference.
A picture speaks a thousand words. Here's a...
Ltc halving was on Aug 2019
Btc halving is on May 2020
ltc started to rise its price 6-7 month before its halving.
Right now it is time for Btc accumulation phase
Buy btc slowly. If you dont want risk then buy after it hits 10k level.
If you remember segwit in 2017, I bought Btc with long position x20 and made good money. I saw ltc segwit movement as my btc guide...
Well, the idea is simple and short. Like in 2012 or in 2015/16, after this first rally of the new bullmarket, we'll need to retest the daily MA200.
I've drawn a possible future daily MA200, taking the second 2012 rally, to which I see many similarities.
BTC will at least go to 10k first, it could of course also overshoot to 12k or the like. However, we need a...
Using logarithmic (non-linear) regression curve Trololo Lines to forecast the BTC (BLX 1D) price range, and it's trend within the range - based on previous trends influenced by the halving every four years.
Not as exciting as Stock-to-Flow models, but pretty close up until 2023 when Stock-to-Flow launches from 100k in 2023 towards 1 million in 2025 (not shown) -...
Welcome to advanced Tothemoon analysis!
Well I did something) The estimated Tothemoon model.
This is an example of how you can use the fundamental Bitcoin metrics along with simple proportions and drawings. And without any H&S, gartleys and butterflies. Okay, I'll tell you briefly what I've done.
1) Cost per Transaction ($/Tx, miners revenue divided...
Hi there! Here's my final call for $BTC.
I'm expecting a drop to $7200-7500, followed by a period of consolidation and then all the way up to $24k in July 2020 (Bitcoin halving). I have based this analysis on chart patterns (descending triangle), gold and silver fractals, fibonacci ratios and some Elliot Waves. You can see the related analysis here:
From October 2015 until December 2020 Bitcoin has increased over 8000 Percent. Since then the Fibonacci Level of 0.786 along with the 50 MA has proven to be a valuable support bringing the Price back into the range of the December highs.
However, with the close of last month we have broken through important key-levels which should normally hold...
We need some more confirmation before we enter a short position here but we have spotted the following on the LTC/USDT charts
- Weekly orderblock resistance
- daily multiple bearish divergences
- Risinging wedge
- declining volume on rise
- already x6 since bottom
- Previous weekly formed an indecision candle against resistance
We are now 56 days before halving,...
I think 2020 halving gonna be front run and we'll see new high in BTC price before May 2020.
Three possible bounce zone I see to get us out of the consolidation.
The 21 weekly ema would be very strong bullish one, as it would let all hidden bull divergence on weekly TF valide.
The classic one 200 daily ema could bring classic multiple fake break out with it.