Hey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Technical Section: Wave 3 < 161.8% of wave 1 Wave 4 = 38.2% of wave 3 (Wave a = 38.2% of wave 3, It did) Wave 5 is probably too large Extended Wave 5 (Target 2 ) = 100% x length of (beginning of Wave 1 to top of Wave 3) (Extended Wave 5 = 161.8% x length of (beginning of Wave 1 to...
Bitcoin (BTCUSD) is less than a day (only a few hours) away from the new Halving and naturally all eyes are on this historic event, the 4th in succession. We all know the fundamental specifics and how a -50% less Supply can drive the price higher as long as Demand stays intact. What people may not know (or may not be able to comprehend) is the pure magnitude of...
There has been a few enquires on how much further price action will fall. I don’t know. However I'm a data scientist and that means I like looking for patterns. There’s a lot interesting confluence at the moment at the same time most of tradingview.com is publishing “short” ideas and yet from a quick scan of the ideas shared I've not seen many ask the...
Good day, traders The Bitcoin Halving has happened again. ~1st Halving (Nov 2012): BTC price was $12.0. It reached its highest price ever at $1163. ~2nd Halving (July 2016): BTC price was $638.51. Then, it skyrocketed to a new all-time high of $19333. ~3rd Halving (May 2020): BTC price was $8475. It later surged to a new record of $68982. ~4th Halving (April...
Based on the market behavior today, April 10, 2024, I have finally settled on a new structure model of this entire market top. The bullish wave yesterday had all the punch of a D-wave in an Elliott triangle, but then stopped unexpectedly and turned south for a deep retracement. I commented in another topic that this was a leading diagonal, but that structure is...
In this analysis I want to discuss the possibility of Bitcoin forming massive cup and handle pattern, spanning over nearly 3 years. With the halving coming up, Bitcoin's short-term price outlook has turned out sour. With this signal I want to prepare ourselves for the possibility of Bitcoin giving away all of 2024's gains and retesting the 40k-35k area. My...
30 Min Supertrend / Ehlers VIDYA Stragety. Significant touch back to 60K price level. BTC failed to make a NEW all time high after the 73.6k new all time high was achieved. Upon failure, new lows have continued to 60k. 30m Stragety signal shows support @ 60k touch. Stragety signal and NEW UPtrend will confirm the 60k BASE, with a Heikinashi close @ or...
BTCUSD / 1D Hello Traders, welcome back to another market breakdown. BTCUSD is trading inside a trading range for now with a bullish trend. I'll be looking to long any pull-back lower for a failed breakout below the range. Trade safely, Trader Leo
It's look like BTC is forming a rising wedge on 15m TF. If this chart play out well, we have good short oppotunity there
I think this would be the max Bitcoin could drop right now without essentially becoming worthless or non-existent. We should be long here, the question is when and how...this would be the most extended targets for a fairly textbook EW ABC correction, clear into the 1.618 extension
Currently we formed a Leading Diagonal on the 1H Timeframe. If we invalidate the Sturlture. I will put all my Longs into the Greens. ( Stoploss BE) We Should than not come back down again. Currently the Leading is Primary with Pump to the Upside as Secodary. either way I will be Profiting.
3.125 from 6.25. We did not get the anticipated pre run I thought we would get. Although the start of the bull market from 20k - 64k has been good enough to accept. We are now entering the final stages of the 731 cycle that can push Bitcoin to a price of 500k-2M USD The halving drops at the perfect time where we have little days left to complete the 731...
In this analysis I want to take another look at Bitcoin's performance after the halving. As known by now, Bitcoin halvings have always led to a massive pump in Bitcoin's price. My expectation is that this halving won't be any different. Yes, I've mentioned a couple of times that I see a decent probability for the halving to be a sell-the-news event, since we...
Hi everyone, In a lot of ways, (four days later!), BTC will not dip below $ 69K again. 1- Based on historical trends following the halving ... 2- Elliott Wave Theory! Proof of claim: As you know, wave ((1)) and wave ((4)) cannot overlap. For this reason, there is only one possibility for the long-term outlook. This can only mean one thing: BTC will not...
When is the next one? Halving Countdown: (Apr 19, 2024 05:06:50 PM UTC) 78 days, 8 hours, 38 minutes, Technical section: We will see!
As you can all see, not only is there clearly a rocket that is about to blast us into orbit, there is also an extra-terrestrial spaceship beaming us up to the $240k region, right next to the moon. NFA do your own research.
1st Halving Nov 20, 2012 main howi thi BTC Aftar Halving 365 Days main 9.8x howa *** 2nd Halving JUL 9, 2012 main howi thi BTC Aftar Halving 487 Days main 29.6x howa ** 3rd Halving MAY 11, 2020 main howi thi BTC Aftar Halving 335 Days main 7.4x howa ** 4th Halving APR 21, 2024 main Hai BTC Aftar Halving 365 Days main 100k or 150k my Target
In this analysis I want to take a look at one of my more popular indicators; Bitcoin's Logarithmic Price Bands. In case you want to know more about this indicator, please check out the link on the bottom of this post. Back in March I made an analysis with the same title, where I argued that Bitcoin had entered an area of danger (the yellow mid band of the...