Dear valued readers, Escaping the resistance level of $61,574 has propelled the price of cryptocurrencies to an impressive surge. Currently, it is trading at a record high of over $73,000, marking the highest level ever. At the time of writing, the cryptocurrency market is hovering around $72,189, continuously rising and setting new highs with a 0.1% increase for...
Pi says 130-140k per bitcoin soon, then bear market with macro. Honorable mention to the repeating Bart Move.
Bitcoin (BTC) Trade Analysis Trade Signal: BUY Entry Price: $73,142 Take Profit Levels: $74,138 $75,935 $76,850 Take Profit Targets: The first take profit level is set at $74,138, representing a reasonable short-term gain considering the momentum and potential resistance levels ahead. The second take profit target is at $75,935, which coincides with a major...
Alright, listen up, fam. Let's break down why Bitcoin's gonna hit that sweet $1,000,000 mark by 2033. First off, let's talk about FOMO, baby! Fear of missing out is real, and as more people catch wind of Bitcoin's potential, they're gonna be scrambling to get a piece of the pie. We're talking about a digital gold rush here, and ain't nobody gonna wanna miss out on...
This is another idea within a smaller time frame. I removed my labels to keep it simple and give it a classic look. I put a line chart in an attempt to make it appear clearer. We shall see if they'll blow through it or follow through. I don't care if they blow through it. In my humble opinion.
They blew through and it became an Inverse H&S and it brokeout.
Consider investing in BTCUSD now with an entry price at 67377. This strategic move aims for gains, setting take profit points at 68500, 69000, and a final target of 70500. To safeguard your investment, implement a stop loss at 66500 for prudent risk management. Happy trading! 🚀📈
Bitcoin's recent foray into testing the formidable monthly high of 69044.50, briefly surging to touch 7000 before retracing, underscores a pivotal juncture in its trajectory. Bolstered by compelling bullish signals across both monthly and daily timeframes, the cryptocurrency landscape brims with anticipation. Foreseeably, Bitcoin appears poised to decisively...
Once we flip 50k to solid support which will probably need at least 3 consecutive weekly candle closes above to confirm, that’s likely when this upcoming inv H&S will trigger, for no though that is an incredibly small right shoulder but I’ve seen ones with even worse asymmetry validate so it could, it technically qualifies already as a valid right shoulder right...
This Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The...
This pattern looks clearer on the 5 minute chart. At the time of this writing price decreased even more. Notice where it found support! In my humble opinion...........
Here is a potential major expanded flat in formation from my perspective. If this turns out to be the case then a potential major crash may be in the cards. I firmly believe that the correction that began in 2021 has not completed the correction of the preceding cycle from the 2011 trough to the 2021 peak. It shouldn't be long before this potential count gets...
Bitcoin hitting $ 48 - 50k local top. Once BTC ETFs get approved, BTC will sell off and go through a correction. Likely bottom at around $ 34 - 38k. This will probably mark the ultimate bottom. Bitcoin bull run will commence in October / November 2024. This is when BTC will break ATH.
A quick view on the BTC chart going forward with added lines to view some ranges for price and possible future breaks or lops; 77777 looks like the price target to beat and break through based on this conjecture as taken from the 'Lark' on the tree branch and expanded using fueled theory by late. The Ideas of March.
The green symmetrical triangle pattern that also doubles as a bull pennant here on the 3 month btcusd log chart gave us 100% exact precision on the measured move just from the triangle portion of the pattern. We can see the measured move from the triangle alone was the exact top of the recent bull market exactly. We can also see the correction we had the past year...
I decided to post this idea due to its remarkable resemblance in time with the prior correction. From my perspective, the prior count's corrective wave A in 2021, it appears to be the same length in time as the wave A in my potential flat idea in late 2022 & Jan 2023. If we continue with the prior corrective wave C it appears to have taken place over a duration...
It is always greedy and difficult to trade the early phases and it could appear in so many different forms. As it stands, we had an upwards slow re-accumulation. I am expecting a quick pullback after the "jump across the creek" or major SOS.