MladenJelic

MladenJelic

As we see we have top in 6 monthly RSI and falling channel. In my opinion price of bitcoin will fall to 50000 usd. As we see too the top line shows that the tip has been touched (on chart). Let us see what will happen here!

MladenJelic

BEAR FLAG - target 70.000 usd Good luck to everyone!!!

MladenJelic

Now everything is clearer. BTC will go towards 70,000 USD. It is not possible to go up with the price for too long. If the price cannot go up, then it will fall.

MladenJelic

2 bearish hammers on monthly for BTC. 100.000 usd is big resistance for now. Target: 70.000 usd

MladenJelic

Head and sholders with target 80.000 usd. The price can touch 70.000 - suport line.

MladenJelic

We have bull flag, but the price could go down to 47.000 usd. It is 15% from currency price. In my opinion, nothing significant will happen until December of year 2024. We will be in this price range.

MladenJelic Updated 

Why the price is here? Because 99% of traders here on tradeview are bullish without any reason. They saw one chart, and put the same chart and think price will go up. ARK has its own pattern with the possible first target of 0,25 usd and with target of BTC of 60.000 usd (with possibility target of 44.000 usd). Dont believe what people post here because they are...

MladenJelic

As you see, BTC is preparing for new fall. Price is going to 45.000 usd. RSI is showing us that it is possible. After that, in my opinion we will see new HIGH. Dont forget, for grow to 100.000 usd BTC needs 1.000.000.000.000 usd. Think about that. Now, it is impossible. What it will be, it will be, but sometimes we have to predict the price. Good luck everyone!!!

MladenJelic

I am bullish. I see triangle ascending with target of 15 usd. It is just my opinion.

MladenJelic

BTCUSD resistance at 63.000 usd. Resistance line is on the picture. Price need pass this line but there is no power to do it. If price want to 100.000 usd from this price, market need 840.000.000.000 usd. Total market is now at 2,32 T and market just for grow of BTC to 100.000 usd needs 1 T dollars. In my opinion it is possible but not now. Maybe at end of next year.

MladenJelic

Head and shoulders with target of 1,65 usd. I dont have anything to explain more.

MladenJelic

M pattern with target of 2100-2400 usd We have to be prepare for 2100-2400 usd and for bitcoin 42.000-44.000 usd M pattern classic. It is just my opinion. Good luck!!!

MladenJelic

I see price at 0,30 usd. Descending triangle and target price like I wrote.

MladenJelic

Monthly chart. Tripple TOP. Possible correction to 44.000 usd. Price below 44.000 usd means that we are going more down to 30.000 usd. Everybody is now bullish (if you look at charts on tradeview). Every one on youtube is screaming that the price is goin to 100-150.000 usd.

MladenJelic

M pattern target 44.000 usd So many trades are bullish, but now we are the top and we need correction to 44.000 usd.

MladenJelic

If we look at 2021, RSI had divergence negative like today. In my opinion, price could fall to 44.000 eur in next mid term period. In year 2021 price falled 70% to 15.000 eur. FED didn't decrease interest rate and coin market is falling now, more altcoins then Bitcoin. And the most important thing, everyone is bullish and that means anything but bullish.

MladenJelic

Why BTC could touch 44.000 usd? In my previous chart I predicted price to 31.000 usd. If price can not go up, price will go down. RSI is bearish, we have head and shoulders on RSI, it means that price need correction. Weekly chart.

MladenJelic

Why I am bearish on BTC? I think we are at the top of this cycle and during this year we will touch 36.000 usd. RSI is coming out of of the estimated area and It will drop to 50 or maybe more down.