Bitcoin is still at local maxima.
The impulse disappears, and the price structure speaks of the possible appearance of a wedge in wave v.
We recommend selling bitcoins after the formation of a wedge and divergence model.
We recommend to buy in the range of 7500-6500.
Operators decided to raise the price of bitcoins to close the stop-loss sellers and change the mood of market participants.
We believe that this manipulation will not end with something good for buyers, and after the next update of the maximum on the weekly chart, a sharp correction may begin.
We recommend trading in a conservative mode.
For a long time, we expect a price reduction.
We identify the bearish model - the head and shoulders.
We expect a quick start to reduce the price of bitcoin in the direction of the level of 6500.
Yesterday, the picture was supplemented with new market data and price dynamics.
Opportunities are as chaotic as their profits.
Locally high probability of falling to the level of 7250 and below.
We do not recommend making strategic decisions in the middle of trading ranges.
The best decisions can be made in price ranges 7250-7050, 8250-8500,...
The model of market behavior is somewhat confused.
Almost daily, new data comes from quantitative analysts. We are forced to consider the structure of price movements in different planes and with different goals.
Today we have shown a possible market scenario with regard to quantitative calculations.
This does not affect the global picture in any...
We expect the completion of the local downward movement and the beginning of the restoration of prices in the right shoulder.
We recommend to consider buying Bitcoin in the range of 7400-7200 in order to sell above 8000 in the near future.
Correction in the proposed wave (iv) moves according to our plan.
We expect the end of a local decline in the corridor 7500-7200 and the continuation of BTC price growth in the direction of the level 8500, possibly higher.
Interpolation of quotes for bitcoins relative to alt-cash prices indicates a high probability that the bull trend will continue without a local decline below 7000.
It is expected to establish a minimum in wave (iv) in the range of 7600-7200.
The rise in prices for bitcoins has clearly slowed down.
We closely monitor the behavior of the price of bitcoins, as well as altcoins.
A possible model of the "wedge" of trend end was canceled, because no confirmations.
We assume that the upward movement occurs in the composition of the large zigzag of wave 4.
As we mentioned before, we expect the...
Wavemap revised, adjusted according to the calculations of quantitative models.
There is a high probability of holding the price of bitcoins above 7000 for a long time.
We advise you to look for points of purchase at the technical and bulk support levels.
We still see clear signs of a downtrend decline.
We assume a wedge-shaped end-of-growth model.
It is also possible the emergence of a clear divergence of prices and the MACD indicator.
In the next 2 weeks, we expect strong bearish sentiments to appear on the market!
We recommend closing all purchases when the price breaks through the level of 8300,...