So a lot going on here. Using the curve tool without altering it to fit a curve (base curve shape), I found that BTC would be below the curve after all time highs (ATH), then shift to above the curve until the next ATH. This essentially is the Moving Average. Using a curve for ATH and ATL we get a range to expect for the future. Using ratios of Bear market (RED...
Scallop Pattern Waiting for break with a test from Fib levels
i don't generally share public posts on bitcoin as these are 99% of the time always private, but i was intuitively inclined to share this one, as we reach the end of a significant trend. consider this a christmas present from an entity which goes by many names in this cold world. before you read any further,,, check out pt.1, and pt.2 of the "sit by myself...
We have strong key support at mother of all moving averages ( calculated average of multiple emas) and closer to Mid range as mapped on chart its near 28300 and minor support at 29k area on the LTF . however the htf as 2d, 3d chart is still not showing any bearish confirmation but early signals of exhaustion.. in case of breakout to either direction we might...
We occasionally see in the media $1 Million predictions for Bitcoin. They are often taken with a pinch of salt and frequently rebuffed with "Yeah rights!" and laughed at. Until recently I have been in the: 'Not in my lifetime camp' but matters are changing and rapidly so! Two reasons why I believe Bitcoin will hit the million mark and sooner than you may...
In the past week, sellers demonstrated strength, preventing the top cryptocurrency from surpassing the $43,500 resistance level. This indicates a likely intensification of the correction, possibly leading BTC to a new local low. Currently, Bitcoin trades within the support zone of $40,200-$41,307. This range is pivotal in maintaining the asset's upward trend. If...
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Bitcoin sold off somewhat in the past few hours and thus continued approaching the turquoise Target Zone (coordinates: $40 323 - $35 374). Within this Zone, we now primarily expect the low of wave (iv) in turquoise to be developed and the trend to turn north again. Following this interim correction, the cryptocurrency should then move safely above the resistance...
kleine Shortterm Analyse. Zielbereiche bleiben die Rechtecke
After a M formation and a low being formed, the price has failed to make a new high. Im looking for a new low to be formed or another test of 40500. Im selling here with a stop loss above the recent made high on lower time frames. If we do break this trendline and head to 40500 I will look to close a 1:3 or hold depending on what the price does at that level.
Bitcoin price touched the support at 40.6k this morning and is now rebounding. The price could easily reach 42k before taking a break.
BTCUSD - Bullish Rectangle with Entry, Stop Loss & Take Profit.
Haven't touched this Bitfinex chart in years... 41ish entry targeting 48, invalidated less than 40 - essentially playing the trendline to trendline move; we blew through lower trendline on way up so now backtesting it as support. Upper trendline remains untested... Perhaps we base now along lower trendline and then run higher towards 48 (upper trendline) into ETF...
I think a drop at that region is a must , also 39.5k is a region where a gap has been formed in cme futures.
I have shared this correction about CRYPTOCAP:BTC few days ago. follow the Macro chart and understand the price movement pattern.. I am expecting the correction to go in elliot 3 wave ABC corrective pattern before continuing upwards to the most Resistance at 48k
Are we seeing a big correction coming into BTC? I am looking at the bullrun that happend in 2017/2018, the big correction that happend after the ATH. Drawn the FIB the same way. Possible huge correction and THEN bulls come back? What do you think?
If we get a consolidation in triangle pattern like this then we get Two scenarios A. Bullish move towards $50k B. Bearish move towards $38k zone Leaning towards bearish scenario with tiny invalidation of $43.6k
This is my forecast of the path that BTC will take to reach its new all time high of 138k USD on 18 May 2025!