According to our long-term analysis, Bitcoin correctly has 4 bearish waves
Elliot did the previous one, now it's the turn of wave 5, which means it's final
A wave that is not regular like the previous 4 waves may be complete
If it is fully formed, then we have to wait for 8000
If it is not completed, it can return 23-25 thousand from the weekly support
Bitcoin broke through in March and created a rebound high of 31,000 after entering a shock adjustment stage. Although the voice of ending the US dollar interest rate hike is getting higher and higher, the surrounding stock markets are also falling to new highs. But the currency market seems to be lukewarm and not too passionate.
We can see from the chart that I...
BTCUSDT $26840 Quick Update May18 2023
Price continues to consolidate below the 3D21EMA
The 3D macd remains negative
Directional target 24-22k at 0.382-0.50fib
For the trend to flip bullish, bulls would need to print a positive 2DMACD and price above the 2D21ema
As mentioned previously, the current move from 31k could possibly be the starting point of the...
-It makes sense?Or Does not make sense. Many standards have been thrown to the ground by BTC in recent months.
-But if we have a bubble in this "crypto", for sure the prices are out of place. 10K is at least its proper place.
-We have a bearish pivot that projects, at first, to seek the 25K region.
-Will looking for the 25K region hold prices down, or will we...
The recent price movement in bitcoin could be described as "a small wave after a big one". This same description could be applied to 2019.
If price is to continue on a similar path to that of 2019 (bar pattern in blue), then we would see sideways trading for a a year or so, before a breakout to new highs.
Supply and demand zones provide buy/sell opportunities...
I'd previously published my idea on BTC, which has been decently accurate over the last few months. But this fractal has been in mind as of late. Not taking this too seriously but definitely want to see how closely it follows a 2020-style flash down.
For reference: my serious btc idea:
check out the RUBLE BTC... top chart is the strength of the RUBLE the bottom chart is the BTCRUBLE chart.. both are prime for a massive trend break...
BTC going to drop
-Need strength, that's BTC's motto for the moments ahead.
-I'll get straight to the point.
-The daily chart tells me that it is throwing in the towel, that is, there are no more spaces for increases.
-In previous analyses, I mentioned that we had an accumulation of continued bullishness, but this accumulation did not have the strength to raise prices, opening...
Bitcoin has come a long way since its inception in 2009, and it continues to gain momentum as a legitimate asset class. With a limited supply of 21 million coins, Bitcoin has the potential to act as a hedge against inflation and a store of value in an increasingly digital world.
Why buy Bitcoin now? Here are some compelling reasons:
Rising Adoption: Bitcoin is...
Hi guys
The long-term uptrend line is broken with the downside!? This trend has been respected from the beginning. On the other hand, we are exactly tangent to the midline of the descending channel.
The long-term downward trend line on the RSI index has been broken to the top. Has this pullback to the level been broken?
But the downward trend has strong...
Yes, I am telling and providing btc prices up & down with dates & time , 2020 to 2023 Feb I announced btc road map exactly happened now it's time for 2023 to 2026 road map realised
