Hi guys
BTC always had reaction to sma 200 on weekly timeframe ....
untill the moving average is below the price We can hope that the price will continue to rise in Weekly time frame (Long_term)
As you can see, there is a clear correlation. If 14K is overlapped, this seems like the most logical scenario. Of course, like all our charts, this is speculation.
While BTC has dipped back down recently, we are still very much on track. In fact, we are still fairly far ahead with regards to our "fair value" logarithmic regression support band, fit to "non-bubble" data.
This market cycle will likely be a long one, so buckle up for the journey, and maybe one day BTC will flirt with the upper "peak" logarithmic regression...
Based on previous analysis, buy the red. This is calculated using the bottom of previous cycles from time start / end of cycles.
This is the "best case" buy opportunity for BTC not accounting for wider macroeconomic factors which are in play. DCA down, but if we hit red have cash waiting.
BTC
“If you don't believe me or don't get it, I don't have time to try...
www.tradingview.com Back in the purple again. Hopefully this means the end of the current mini bear market. Maybe this is a trend of less volatility with subsequent 4 year cycles. A 60% drop instead of 80% like in 2018.
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...
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📌 BTCUSD- Daily Time Frame - Candlesticks
📌 Support Zone - Demand Zone - Fibonacci - Tops and bottoms - Fundamental - Sentimental
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📍 So with all these chaos happening early 2022, let's talk about BTCUSD and decide whether we are already in a bear market...
What's up traders, gamblers, hodlers?
Been a while since I last posted an analysis and this was mostly because I've been in denial that we were in a bear market. Bias is a b#...
There is hope though... You see, in the 2 previous bear markets about halfway between halvings, bitcoin has found its bottom on the 200 weekly SMA which acted as support. So maybe, just...
Hello Traders. Here we dissect the past, current, and potential future growth of Bitcoin . I am uploading this chart because there seems to be an influx of charts predicting that Bitcoin is going straight to $100,000 by EOY, which is viable. This chart is showing a possible realistic case for Bitcoin , every phase of the way divided by each Bitcoin halving for an...
In this tutorial, I show you the basics of changing your chart's color theme, including how to save and recall it. I also show you how to change the color theme of your indicators as well as how to save your indicators as a template for easy recall any time you open a new chart. This two tips will save you endless hours and help you personalize your charting experience.
What is considered here?
- Log Fib levels
- Elliptical lines
- Volume Profile
- Elliot Wave counts
- Trend Based fib time & extension
- Time base
- Stimulus cheques flowing in Crypto
- Shake out long term holders - a must do
Today I'm going to address my perspective on Bitcoin. I see this as a potentially life-changing opportunity for a lot of people, but I also understand that many people will simply overlook this opportunity. I'll talk about the overall macro structure of what I'm seeing for Bitcoin's cycle, the force behind this bearish price action, and the most logical and...
Sometimes humans overly complicate things.
Another way of looking at S2F
Heres a link to all the blockchain indicators incase you want to take a look.. yw.
Other ideas;
BTC: soon under 20k?
Note the middle of the trend channel... it dipped below it this week.
The lower edge of the long term bullish trend channel is pointing at 3 key support points (green arrows) hence the target @19161.37 I expect by 25 Jul '22.
Contrary to expectations, there could even be a false breakout of the trend channel, then the red line @15973.53 should...
Just eyeballing it, looks like the BTC price spends most of the time in the lowest band of the rainbow. The rest of the time it is transitioning by either escaping from it and going to the moon, or coming back to earth.
At the very beginning of 2018 we began covering Bitcoin price analysis on our YouTube channel. My approach to accumulation is Dollar Cost Averaging ( DCA ). I am a very big believer in the mental aspect of accumulation. This means that if I am utilizing DCA because I am extremely long on Bitcoin , I would like to DCA when the price is down - at least for short...
if we look at the chart the bitcoin halving cycle is always repeated, now bitcoin is entering a bear market phase, calculated from the bitcoin halving cycle date shows that the market is now in a bear market phase
.
bitcoin has 4 phases
The first is the bull market phase which usually occurs after the bitcoin halving
the second is a bear market, namely when...
Hi friends! Looking at the weekly chart, we can see that BTC appears to be holding support on the 50 week moving average, in an atypical display of strength. I'm calling this "atypical," because (as I showed in a previous analysis) BTC has always broken down below the 50 week after an initial test of it after a bull market. Literally, after every single bull...
