As opposite to my BTC version going at 300k based on Oil pattern this is bear version that should be fast... at least not another 1-2 bearish years or sideways.
I see BTC in downtrend channel and will not end correction until channel is breached and Ma50 breach on 4H chart or higher timeframes.
Hi, just for fun compared Oil 50 Days with Bitcoin 100Days bars and they seem so similar over past decades, Bitcoin acceleration growth seems unstoppable and if this is the case a temporary bottom should be seen around 32K ( that`s 50% correction from current all time high) and coincides with rest of Oil as seen , so if 32K levels hold we may see a very powerful...
Hi trading view users, in this idea I`ve combined BTC, ETH, LTC, XRP and Monero, each symbol was weighted by marketcap average and divided accordingly, this way if BTC moves like we saw past months will not affect formula too much because is weighted less than ETH for example.
Anyway using this combo formula helps to get a better view than Total Crypto Marketcap...
This is an update and improved version of top crypto assets to get a better view of the whole market, Total Market Cap is not working for me , BTC pumps make no sense, ETH makes new high... But all combined together gives different perspective of the market.
The most enthusiastic supporters of Bitcoin are revolutionaries. Some hope that people will rise up and...
The world’s most-valuable cryptocurrency has skyrocketed over 300% in the past months, for me make no sense and has no value specially not 4 digits, but seems bubble has burst and soon more slaughter to come, UK exchanges started banning trading for retailers on all crypto assets.
U.K.’s Financial Conduct Authority warns consumers of the risks of investments...
This chart is compared with BTC parabolic rise and so Microsoft is expected to be continued from here, in an era where more and more people are working from home this should get more powerful moves .
Stay home : and trade wise!
Based and powerful TV tools I was able to measure some stats, as time measure between now and last 20k all time high you can spot temporary 13 top , also from the last bottom of 3.3k up to these levels you can see the half of measurement tool is .... surprise 20k last all time high, so this is either two coincidences at same time or we are at the top, sorry bulls,...
Silver is currently on last support and expected to visit resistance, this may go parabolic move and fast so I would say at least 27$ by end of this year or begging of 2021, then most likely dead market aka accumulation or distribution.
Crypto market is not mature yet , I do not follow rocket moon trolls, there will be no 50K Zcash, 1 Million BTC or 100K ETH, FOMO reached many traders these days, some even started to invest in crypto :)
Bear market will last 3 years this time, greatest depression on the way for trolls.
Showing possible levels for Oil price, historical analysis of past years showing that price could get at correction at closest Fibonacci level bouncing in one of the trend lines, so $50 levels needs to wait a bit but soon
One year from now and all coins will get back to 2017 prices, BTC will worth $800 probably.
I will try to keep this updated and count the waves but you get the point here...stay safe till end of next year .