BTC will hit $62,528.74 Within 11-15 Days
The historical trend suggests that once Bitcoin (BTC) surpasses the $50,000 threshold, it typically enters a bullish phase, experiencing significant gains. This observation is based on past market behavior, where crossing this key price point has often led to increased investor confidence and subsequent price surges.
The Fibonacci levels are projected based on weekly price move of BYBIT:BTCUSDC.P from August 2020 till January 2021 .
For reliance discovery please follow yellow arrows. These significant price reaction are happened after revealing the levels. This shows these Fibo levels are highly reliable and has proved it can project the resistance and support levels with...
What do you think? Are we on turning point of Bitcoin for the last 2 years. Will it remain over the red line. If yes, there will be a early wake up for crypto market.
This is an outlook provided based on previous fractals and how market reacted at premium profit booking levels following prolonged market bearish conditions.
Lock the profits.
By the bottom.
Ride the bull.
Based on previous years bull runs the average gain was over 1100% and took about 700 days from cycle low to high. This can predict the current run can take us as high as $246,000 by end of the year/early 2025.
I think people would like 38k, if this is a bull market we wont get that. I am getting the feeling this is going to run it back to highs at 48k here soon. Its sitting in a weekly demand area, with a bullish MACD crossing on the 4 hr time frame.
With lots of speculation and longs washed with the 20% dip i think running it back would make sense.
If incorrect,...
The weekly chart shows us a stochastic RSI golden cross has formed! We are certainly going to be bullish in the near term
The next resistance level is $57.6K to the upside followed by our all time high of SWB:69K
Here's my Revised Bitcoin Path to $155k - $210k and $100k By the Halving study.
Note: If you're using a Fib based on a Log scale these levels will change, but the $155k level is still the likely target based on a 1.618 vs a 3.618 projection.
In this video I've outlined the 10 factors including the ETF money flows already coming in.
Each of these factors could...
There comes a time in a bear's life that he has to leave the forest and get on a rocket to the moon....
And now for the serious, bitcoin seems to be forming a bullish megaphone formation on the monthly chart. It's huge! If I'm right, somewhere from the second half of 2024 we're in for a crazy rally to the $200,000 area.
Of course, don't get euphoric. I...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
It's been a good day for Bitcoin. The price of BTCUSD has broken some major resistance and is dancing around the $50K level. If we can keep up the momentum and flip this resistance into support, it is off to the races!
I know I have been one that has called for a retracement, and it can still happen, but I no longer think that we are going to see any kind of...
Bitcoin : Are we going to see same scenario again ? Well, likely, as things start to be clear about the future of crypto (XRP case is a very good factor), US Dollar is weak with inflation going down, I think this is a good opportunity to acquire some ;)
As my previous forecast it indeed touches the bearish Gap with confluence touches the tail of breaker order block at 50k with cross over (purple dot) signifying strength of Ichi cloud, now let watch as it continue to its next destination in nearest FVG ; Expected pull back and another confluence on its next target. At 54k.
Hi fiends
Yes I am yet on. my word that this market will crash and the frist volunteer will be BTC.
Technically I can see a correction in a channel that is being weakened and if you go down to lower timeframes there is strong confirmations THAT BTC IS BEING READY FOR A HUGE CRASH.
I my chart analysis wave ABC millennium will be completed after its wave c.
As I...
