Hey Everyone! its Dalin.
Just dropping in with a quick update on BTC.
I see Bitcoin as doing a very classical big picture upward cycle.
This is far from the first time I have see a nice uptrend establish itself in this same fashion. (on various time frames)
Implying that this could send BTC to over $100,000 per coin (as I have always said)
Thank you!
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What is up my Tradingview family! as you know I have been posting bearish charts on Bitcoin in the short term but today I would like to share with you what is happening in the BIG PICTURE.
When I saw a short term correction coming I took profits and reduced risk HOWEVER I never EVER sell 100% of my position on Bitcoin because this is simply stupid considering the...
1. Big picture market cycle
retraced over 80%
2. Falling wedge pattern & WXYXZ
Elliott wave correction
3. Bullish divergence
4. Volume is back
Bitcoin in the big picture is looking very nice! I would love to see some breakouts though to confirm the potential for upside.
We need to break above horizontal resistance and down trending resistance (of the...
"Hey folks! this is Highaltitudeinvesting here .
Doing some long-term technical analysis on Bitcoin
in this graph I am using LOG chart on "BraveNewCoin
Liquid index" (this gives me the most DATA for price)
Using channels and Elliott waves you can get pretty
good Idea of what is happening in the big picture for
Bitcoin & Cryptos.
$100,000 is first major...
**Making the third pump before we see major retracements
**Strong bullish movement buyers are in control
**Lots of hype around this coin
**Ascending support + about to breakout of descending resistance
**Healthy VOL
More great videos to come! This is part of my youtube channel's series "From start to finish TA"
please checkout the video on youtube...
