Bitcoin has now reached 4.235 and 3.618 at 72 296 we have seen a peak into 73500 even and into the spirals peak due 3/11 plus or minus 2.5 days for the markets in spx qqq bitcoin the flow of money models say move from friendly and bullish to now SHORT ALL ASSETS look for major decline now into 4/2 to 10 I am now 100 % SHORT AS OF THIS POST
Sometimes I add a bit to what I have thought.
Technical Section:
Wave 5 has two different relationships:
1- If wave 3 is less than 161.8% of wave 1 -----> the 5th Wave overextends itself.
2- If Wave 3 is greater than 161.8% of wave 1 -----> Wave 5 = 100% , 161.8% or 262% of wave 1
As shown on this chart, wave 3 is less than 161.8% of wave 1, as a result,...
Simple chart showing duration of previous bull and bear periods. Overlayed with Bitcoin halving event and duration to market top.
- Green arrows show period from halving event to market top.
- Red arrows show period from market top to market bottom.
- Black arrows show period market bottom to market top.
Bitcoin price has followed a similar pattern of roughly...
What a fun day. Bitcoin “crashed” back to the previous all time high around $69,000, predictably testing it as support before seeing a huge move back up near the daily highs. It has continued up since, now trading above $73,000.
What is there to say? There’s more demand than supply.
Btc is trading at its high level, as we predicted yesterday that it will hit 69000 and it hitted and we secured 300 pips , after it it touched another high
Now we are predicting again that it will hit 71000 and then will hit 69000 .
Btcusd sell 73200
Sl 75000
Tp 71000
Tp2 69000
Use sl at every cost
The Bitcoin top is many months away according to the monthly RSI. Looking at the previous tops 2013,2017 and 2021 the rsi on the monthly topped out at 91-97. It's currently at 78 so if this top resembles the previous tops we have a few more months to go on this bull. Also there is a chance for a double top on the rsi like in 2013 and 2021 in which case we have...
March 13, 2024 - In a historic surge, Bitcoin surpassed its previous all-time high today, reaching a value of over $ 73,000 . This comes just days after the cryptocurrency broke the $ 68,900 mark, exceeding its peak from 2022 .
Analysts offer mixed interpretations of this development. Some view it as a sign of Bitcoin's growing maturity and solidifying its...
The momentum that we have been seeing is unprecedented, thanks to the ETFs fundamentally changing the game. We aren't anywhere near what will be our highs!
Higher
With Bitcoin's (BTCUSD) continuous bullish run, day after day, running basically the 7th straight green month, we thought it may be a good time to put things into a greater perspective from a macro point of view, as many seem confused over this hyper aggressive bullish sentiment.
The reason is one and one alone and has a very short name: E T F
Yes, everyone...
In a surprising turn of events, the price of Bitcoin has experienced a notable downturn in recent trading sessions. This reversal comes after a period of steady gains and renewed investor optimism in the cryptocurrency market. Factors such as regulatory uncertainty, profit-taking by investors, and concerns about market overheating have contributed to the downward...
Currently BTC has passed the .786
Watch for it to test this level again before we jump up again , this ATH is going to catch some people sleeping. The High will be in on this cycle while bears will come in and feed on Bulls fomo until every investor hopeful for the elusive million dollar bitcoin gets slaughtered
Until then. Hold on. We may have our top...
from 2013 btc always goes upward as long as its correction, it was happened for 2 times and i think we are in the middle of third time,and if it happen the target will be around 120k and after that we go for correction
Assuming we are entering in price discovery mode and jumping back to previous bullrun.
-trend based fib extension applied to 2015 bottom - 2017 top - 2018 bottom
2.618 fib 54k
ATH was 69k
3.618 fib 73k
Actual forecast
-trend based fib extension applied to 2018 bottom - 2021 top - 2022 bottom
2.618 fib 185k
3.618 fib 250k
ATH should be something between 185k...
Bitcoin (BTC) continues to redefine the landscape of finance, offering unparalleled opportunities and challenges in the digital realm. With its decentralized nature and innovative blockchain technology, Bitcoin stands at the forefront of a revolution in monetary systems. As adoption grows and regulatory frameworks evolve, Bitcoin's role as a store of value and...
