Bitcoin rough guide to show you halving and price action after the halvenings. Looks like the bottom may be in or very very close to it!
Just a rough guide don't take it seriously!
#bitcoin #BTCUSD $BTC #BTC
Hi,
Since halving is incoming for bitcoin, bulls are making moves for a good price to buy big again. I think that's the mean reason of falling price.
Orange diagonal line is the multiyear support. We are close to that one. I've mentioned some important area's in the chart.
I think bulls are planning to buy big before the halving. Therefore was a sharp buying...
When will Bitcoin reach the peak of its next parabolic advance? Probably at roughly the same time it did in the last rally. This seems straight forward enough, but other trend analysis on this platform has variously projected the next bitcoin price peak from sometime just after the third halving in May 2020 all the way to sometime in 2023. While the earlier...
Scenario 1:
Bitcoin is sitting on a long term support.
If it's gonna hold to it, then It will slowly move to uptrend cycle.
Scenario 2:
Bitcoin won't be able to hold he first support, and will fall to second (lower) one.
After finding this support, bitcoin could bounce really fast to the next one, do a re-test, and then organicly move upwards.
The curve in the...
To predict this model, I've had to use a number of techniques and a few assumptions. a. Assuming we're at the bottom or very close. I make this assumption because of recent price action, and Buy/Sell wall volumes, as well as factoring in the upcoming halving. b. I use the confluence of trade channels, along with support/resistance zones, moving averages, halving...
The key support is back on and after seeing the facts like btc halving and the bullish divergence forming Higher Low in price and lower low in RSI - oscillator.
Everything is possible, we're trying to do the best.
Yes, you can invest $1000 and get $500 net profit. According to fibonacci levels, EOS/USD fallen to $1.55 level as lowest support after it had risen to $23 ( Highest price ). EOS/USD tried to test $9 level, but failed and fallen to $2.5 level a few weeks ago. $1.55 is the worst scenario before uptrending to...
Yes, you can!
According to the next halving of Bitcoin, it will happen after ~ 185 days from now. Most of good Altcoins / BTC ( Good crypto projects ) will be increasing slowly. Cardano is one of good crypto projects for long-term investment. You might see the price down little bit to 460-410 sats levels, but eventually the trend will be reversing to 840 sats as...
Downtrending = Buy opportunities
Let's make it clear. Ethereum is second generation of blockchain with +108 million as circulating supply at this time. According to weekly chart, ETH fallen hardly from $1400 level to $350 level to create a new support level at $350. That support level was the resistance level in the beginning of 2017 ( After the second halving...
Yes, you can make $6,500 as profit from BTC. HOW?!
Everybody are waiting the next halving 2020 for selling their Bitcoins above $20k, $50k or $1 million.. whatever the price will be. I see $15k is totally fair price for the next halving 2020, as a new support level for next 3 years. The demand will be increasing, for sure we can't expect what will happen...
There are less than 182 days to BTC halving.
Halving is a fundamentally bullish event because of supply cut off by %50.
IT MEANS cost of BTC doubling.
How much money to mine 1 BTC?
It depends on which city you are in, or what kind of setups are you using. All i know is BTC traded not below than $3170 at 2018 bear market.
After halving this price doubling...
Just taking a quick look at the weekly zoomed out. It helps you gain perspective. I havent paid it any attention until now but the end of this triangle pattern is almost dead nuts with the halving. Not saying it will hit a million dollars after this. All I am saying is this is something we should all watch. The Halving occurs on May 14 2020 and that is when this...
I am on the weekly BLX chart because I need very old data. I want to get back to the idea that 2017-2019 cycle is not equivalent to 2013-2015, but to 2010-2012 one (Yes, it is not originally my idea and I am kinda sure you have already heard about it, but I want to work more on it here).
On a big time scale, I see two big cycles (orange lines in RSI chart) where...
On the weekly Time Frame, You will notice this symmetrical triangle created by the 2017 XBT Explosion. Triangles are continuation patterns which means: since BTC was on a move up to create this triangle, let the price bounce around against the walls of the triangle for a bunch of months. Between mid fall to mid winter, Expect a bounce from 4K to 5K and then...
