Here's an updated 'Path to $100k - $150k Bitcoin' study. We've already seen the power of the ETF money flowing into these markets, which seems unstoppable with Blackrock and Fidelity now with over $16B in AUM. We're also now seeing heavy corporate accumulation by the likes of MSTR which just upsized it's convertible debt offering to $700M from $600M to buy more...
sell this pair and take profits at 220 fib level on bottom (orange lines on bottom) How 🤔 ever if price breaks thru the yellow lines on top wait ✋️ 🤔 for pullback to those same yellow lines and buy this pair Will update to where if price breaks thru later
BITSTAMP:BTCUSD showing signs of a bull trap. Lower RSI against higher price. See last peak and where RSI is. SELL OR SHORT! DYDD.
Through an analysis of 83 trades, NSV4 ('Ninja Signals V4' by BitcoinNinjas.org) has demonstrated its ability to turn a modest $1,000 investment into an impressive $12.4 million, showcasing remarkable potential. In this particular configuration, NSV4 massively outperformed almost any other strategy including the traditional 'buy and hold' in the backtesting of...
We see this quite often in BTC, Especially at ATH levels where inexperienced speculators flood into the space dreaming of bitcoin millions but really are not believers. Whales feed, normies Bleed might be a good Alternate title. we continue to see resistance flipped support on an ATH, heavy action to get the Chart watchers who Zoom way in and watch charts on...
Basic elliott wave count supporting the bull thesis to 90-100K. Have we bottomed and the next leg up begun? Dunno. Time will tell.
Bitcoin is vastly overbought on 1W (RSI = 88.615, MACD = 6893.200, ADX = 74.337) as it is running an incredible second phased rally since the start of the year. The 1W MACD is starting to diverge and it is a similar situation as on November 16th 2020. Bitcoin was still at the early staged of the new rally. If we place that rally fractal on today's action, we see...
deeply believe a correction. so lets try to take a short snap and go back harder if didnt get impact by panic sell. unless we shall se 87000 $ for BTC
“All models are wrong, but some are useful” – coined by the statistician, George Box, this aphorism is just as true in economics as it is in statistics. The economic crisis of 2007 left many asking the same question: what went wrong?
#BTC #BITCOIN Price Update 🔹 Bitcoin has had ridiculous growth in a short time span and printed its largest monthly candle in history. Market sentiment is extreme greed and the longer it doesn’t rip above ATH, the more people get anxious and fold their hands. 🔹 Looking at the chart on a Higher Time Frame (HTF) we can see that the recent rally may be slightly...
Seeing liquidity Here, the market is comfortable and has accepted this as fair value, it can certainly go higher, First target 77K area, we break that, I think we can hit 100k... Good Luck!
Firstly, If Btc break through this 69k 71k resistance zone then we could see btc can pump to 100k touching the orange ( rainbow chart line ) back test to white line 69k then up 145-180 k zone Or… If not, we could see it making a white flag pattern also cup n handle pattern ( yellow line ) which can trace back (fibo retracement ) around 43k and under ( green...
The formed pattern seems to be a reverse pattern which is completed by crossing the arc at the bottom of the Fibo 0.386 channel, after which a new movement can be expected, so it is suggested to avoid trading until the pattern is completed due to the existing fluctuations.
I believe, given the engineering of Bitcoin technology and the addition of mining difficulty, this logarithmic chart implies Bitcoin's value.
Bitcoin (BTC) price has now soared to an all-time high (ATH) above $70,000 as spot BTC ETF sentiment continues to impact investor mood For the first time in its more than 14-years, Bitcoin’s ( CRYPTOCAP:BTC ) price has surpassed the $70,000 mark in a massive All-Time High (ATH) debut. Bitcoin's Inevitable Rally Bitcoin ( CRYPTOCAP:BTC ) price is now changing...
Long term outlook based on the FIB only. See notes in the chart for explanation.
Simple chart analysis. An extension to my previous chart but in a lower TF to show in a different perspective. Please message below on your thoughts. Not financial advise, my own thoughts, DYOR.