Bitcoin is been forming a falling wedge in this one hour chart, also visible in 4 Hours chart but more clear here, I am long after breaking this most likely to the upside.
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...
BTC possible movement towards $55k zone before continuing it is own rally, which will allow alts to make some moves.
On the long-term view, BTC peak end 2025/early 2026 could reach around $900k
Traders,
We are right on track with literally everything as discussed in previous chart updates and videos. No surprises this week, thus, the short weekend update video. The only new development is that Bitcoin is testing our ever-important multi-year trendline yet again. Will the bulls win this tug of war or will the bears finally find the strength to pull price...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
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...
Added 2 other fib ratios for extending awareness about the presence of extra golden proportions.
Those are 0.146 and 0.887
2021 double tops define an important angle which is relevant to the chart in terms of its distinctive angle of the shift towards the side.
Given angle we could define the width of fibonacci channel by applying the Nov 2022 bottom:
Tops 2017...
Good evening, FC community! The market remains a tough battlefield, particularly punishing for those who opted to go short—many are facing stop-outs and liquidations. As highlighted in my previous post, exercising extreme caution is advisable, perhaps even considering a pause in trading activity.
In today's analysis, Bitcoin has formed a striking ascending...
For the 9th time my ever-important multi-year support/resistance trend-line from 2019 has been broken to the down side, but still with no confirmation. Will this time be different? We won't know until tomorrow's candle close on the daily but after all these head fakes I wouldn't be surprised if this is yet another one.
59,300 is key support for Bitcoin rn. Watch...
By LTR I mean long term risk and that risk is managed at most (will definitely be less than) at the "wave structure violated" level marked in the idea.
What makes this a great trade is because we have completed the sub-waves that would be needed for this to rally long term from here, they are harmonic and all within my trade plan, we have the deep retracement...
As we enter the final stages of the bull cycle.
Bitcoin has followed a mix of 2014 / 2017 pre and at halving.
2021 is not aggressive enough to hold the adoption LOG pattern so I will could it out following that path.
If we get mutual funds + retirement funds adopting Bitcoin a 2014 scenario is looking interesting. Potentially a double rally?
Until we pass...
A cleaned up version of this larger ABC corrective wave that could be coming in here.
This is one of my favorite patterns (once it completes) and its extremely reliable and consistent in all trending markets as a standard correction before a push into new highs
If this idea is true (and we haven't completed the correction already) we would be in the 3rd and...
The cycle is cycle... the price is price... But 100k for BTC is psychological barier for a lot of people. The crowd is always wrong! So, please don't fall in the upcoming traps game! Don't be hurry, don't be too much greede! Things will happen if you just be careful!
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
In a perfect world we continue to see a fractal growth of waves here, which could see a deep retracement lower here before any real strength comes in.
Keep in mind the waves shown aren't claiming any price or time specifically, but instead require move lower in fractals/timeframes/zooming in to calculate the sub-waves of the move you're expecting at any given...
I’m sharing an interesting observation on BTC/USDT in the 4-hour timeframe. The ISPD indicator is showing promising signs, particularly with the Mason line currently touching its base. This setup could potentially trigger a significant rebound. (you can find this indicator freely using the mason line indicator).
Two scenarios appear to be forming based on this...
Friends, since 23Jan24 btc has retraced nearly 50% (from 73.8k to 57k-58k) in the 1D interval which also coincides with the EMA100. That said, RSI has also (hopefully) bottomed. The question is, has btc found the local bottom with sufficient support as we move forward into the re-accumulation period before we experience parabola? If support does not hold we will...
Believing we are going too fast. I am bullish on etc but we might see a correction to the previous support zone around 33-34k. Then I am expecting the cycle top to come around late 2025.
