If we keep breaking all time highs you should keep expecting healthy run ups. I took a conservative run up of 30% and it puts us in the range of 75k. We can easily make it higher before another healthy correction. Remember guys we are in the beginning to middle of a bull run. HODLE don't overleverage and enjoy the run up over 100k +++
#bitcoin has consolidated on a great upward trend line. I feel when we break 50k there is no resistance above, leaving us a good 60-65k target before another short term correction. Hodle and don't trade your gains away, the bull run has several months to go!
Bitcoin has gone up 380% since the #covid19 #Pandemic flash crash and has risen 85% since our last long term correction. I think #paypal entering the market has caused this overextended run in the past 2 month. The last three short term corrections were all around 18-20%. I expect a similar correction back to 14-15k price range, we should then consolidate and...
Looks like we are headed towards the major resistance of 13.9 -14.2 K area. We should hit 14k and have a healthy correction before moving towards all time highs. Remember, we are finally in a bull market! Don't let shorter time frames and healthy corrections scare you out of the market. Don't over leverage, ride the wave up to all time highs and enjoy the gains!
I believe Bitcoin will keep following the S&P and stock market towards all time highs. The technical indicators I pay attention to all point towards another Bull Run. This is the first time since May 2016 that all 3 weekly moving averages line up on a upwards time frame (21 above 51 and 51 above 99) Last time that happened in 2016 we ran up from $450 - 19.4 k in...
We finally broke out of the long term #Bearish Trend Line ! I've been waiting over 2 years for this to happen so I could confirm that we are in the #bullrun. My long term price target is minimum of $500,000 ! Hope you all enjoy the ride, don't let short term moves affect you or make you lose #BTC !!
This trend line and channel has held up well so far. I see #BTC #bitcoin going to 11 k area and then a move to 12 k which is a big resistance point.
We are at the top of the long term bear market trend line. If we break this trend line I see #bitcoin rising quickly to the 12k area which has major resistance. I'm bullish right now considering the halving is 5 days away. If we can't hold in this area we should follow the yellow lines I drew. I still believe the bottom is in and we are finally in a #bullmarket !
We are def. at a critical area. I'm still leaning slightly on the bullish side. 3k is a good possibility if we bounce and stay within the upward channel. If support doesn't hold and we drop. I see us then re-testing the $2600 area. Hoping for the best, GL to all with trading.
Xrp/Ripple Chart probably has to be one of the ugliest charts I've ever analyzed. There is no healthy gradual rise anywhere in their history. It honestly just looks like a PUMP & DUMP scam, all the major rises in price have been major hype pumps with a quick reversal and crash! I would stay away from this token/coin!!
As you can see Tesla has had 2 parabolic run ups in a short period of time. I'm a Bull on a macro level and believe Tesla will be one of the biggest companies in the world. The hype machine needs a healthy pull back in order to rise at a realistic price in the future.
With the uncertainty of the economy due to the covid-19 pandemic, #gold should keep rising and at least test it's all time highs.
With the havening less than 2 weeks away it makes sense that #btc has broken out of the upward channel and is poised to make another strong push. Expect a healthy correction before another run up to the 10-11k range.
I think it's a great long term play. Major airlines are a big part of our economy/society, they are not going anywhere! You will easily get 100% + gains in 2-4 years!
I would buy every dip from now and to the next bubble! The Havening is less than 4 weeks away!
We are def. oversold! I'm looking at a upward bounce on Tuesday, hopefully we can break out of the channel and stop this horrible downward momentum. I think we will at the least test the top of the channel, hoping for the best.
We have broken the 200 day moving average and we are only hearing bad news in the media. I see more downside on Monday, lets hope we can get a reasonable bounce at $2800.
We rejected the long term bear market trend line, looks like we are heading towards the 7k range. Hopefully we can bounce from there and start the real long term #Bull #Market! If 7k support level doesn't hold, 5-6k price range is a possibility.