We are projecting an ATH of 198k by June 29th, 2025. For BTC to reach this it has some steps it needs to follow. These steps can be broken down into chunks and here we aim to break down the first part. Likewise, here is a quick evaluation of how BTC is currently doing and what may happen in the upcoming few days to a month. Bull: BTC may have corrected...
A small correction may soon occur. We are quite overvalued. We're just going to go over a few things so you may understand why we are saying this.. 1. If BTC is to hit its projected ATH of 198k by end of June 2025, it needs to proceed at a specific slope/trajectory. This slope is vastly below the current price; residing at 54.4k. 2. We are outside of our...
Gold has been quite bullish lately. Most of our TA is indicating it will keep increasing; however, in the short term we may see a small correction back to the support line ~2036. This support line; based on our TA, may hold and then the price continues to increase. However, if it fails there may be a potential dump all the way back to the 2005 range. In this...
This Long on Bitcoin is very much LONG TERM due to the fact that the halving and so many of our indicators and others are pointing towards it. However, this Long in our opinion does have a temporary swing to it. We may be suspecting a temporary increase to ~48-50k in the upcoming 2 - 3 weeks BEFORE a Correction back to the 44.5-45k mark by February. After this...
There is a potential for a short term SHORT trade on BTC/USDT. If todays bar closes < 34.7k (~3.5 hours till close) there is potential for a short. There are two target zones: Yellow zone, this is the most likely zone it may dump to between 32.5 and 32.8k White zone, between 30.3k and 31.8k, this may happen if the lower level of 32.5k in the Yellow zone fails...
We are at a crucial decision point in BTC. BTC has tested its major support of 25300 and even dipped below for a brief second. On August 12th BTC closed below its upward trend line that had held its value for 11 days straight. Even though it's price stayed in consolidation moving sideways, many indicators were projecting a massive dump. Thankfully the support of...