BITCOIN every resistance touch causes major drop, and every break of resistance trendlines brings massive gains.
Apperately we will need to trade between these lines, and observe the future movement.
The yellow support trendline still holds. From 2017, so I'm thinking we are not going to fall under that. No way.
Next resistance trendline will occur in Aprils ...
Once again we are checking to logarithmic Bitcoin chart.
We see two mayor resistance lines. Once was broken in the middle of 2019 spring which brought us significant price surge and the second resistance that holds from 2017 still holds.
I think bitcoin will retest that RL again and probably won't brake it. Not just yet. So we can see a slight drop to a most...
In this idea we see where it all begins. With 2016 Bitcoin halving in July (shown by
upright line on the left)
After 2016 halving price dropped a bit, and then wen't fully parabolic.
This spring again the same event will occur, the halving.
Bitcoin rewards that go to the so-called miners that support the coin's network drop in half in order to prevent inflation...
Bitcoin is in asending pattern.
Minimum price that is predicted for February is ~9500usd, an max is ~11000usd
If there will be breakout in lower channel or upper channel, then we could se significant price movement, but there is no drama in bitcoin lately, so propably it will continue to clibm via that channel as predicted.
Happy trading :)
I made an example of bitcoin logarithmic chart, with the existing uptrend which never broke.
Becides that in chart you can see, that every week that passes, there is a higher "lowest point", and it grows per ~100usd per week.
Since this is historical chart and as we see that bitcoin never disobey following that trendline.
So million dollar question. When...
@bitcoin is going sideways for some time.
This prediction shows crucial support lines, and the trend bitcoin could follow.
Scenario 1 (green) - I think more likely, because Bitcoin mostly does what noone expects. So, in the era of doomsday predictions, bitcoin could say FU and go straight to the next resistance, which will become support again.
Scneario 2 (red) -...
Bitcoin is sitting on a long term support.
If it's gonna hold to it, then It will slowly move to uptrend cycle.
Bitcoin won't be able to hold he first support, and will fall to second (lower) one.
After finding this support, bitcoin could bounce really fast to the next one, do a re-test, and then organicly move upwards.
The curve in the...
Bitcoin went through small resistance, which became pretty strong support, but will fail to directly skyrocket through another resistance.
So my idea is, that it will return to previous support, and then shoot itself to the pointed level.
Weekends are bad or good? Black friday, time to shop or sales. Depends of the mindset. Businesses sell, people buy. Who will...
Bitcoin is forming a bull flag, which will show the price increase in the following days.
Doom boys are screaming "sell, sell", so that is usually a strong signal to buy.
I'm not the one to judge these doomsday predictions, but bitcoin is a superstar, a superbrand and it is not going anywhere.
Long term prediction for the next 6 month is still 30 000 usd
Lots of questions, as when will bitcoin reach new ATH? Someone says never, someone says around new year, this chart say.. this summer :D
Lets try something for fun, and use Japanese technique for Bitcoin price prediction.
The Kagi chart was originally developed in Japan during the 1870s when the Japanese stock market started trading. It was used for tracking the...
ETC made similar profits back in March, in BTC pair. Back then it was snapshot, now the event is bigger, ETC will fork.
Do not expect huge growth, but 40% is very realistic.
I'm going to buy it now, and sell it 2 days before hard fork.
May will be month of STRATIS. They will release some cool products for developers.BINANCE:STRATBTC
"Another milestone coming.....We are releasing our Smart Contracts Alpha on the 16th May! Allowing developers to write smart contracts in C# #blockchain #crypto #smartcontracts #dotnet $STRAT"
Ada have great marketing team, and future events are looking promising. They alawys support their events with strong marketing, so usually that reflects on the price, just before the event.
I call it bullish till ~22.4 , then take profit
Let us see, what is happening at this moment.
This bearish season is unbelievably long. Charlie Lee said "we will aproach multiyear bear market". But Charlie, despite he is a genius, he is also very dramatic person. So NO, I don't beleive, that we will face that.
Crypto market is very fast, very emotional, so many great project, technologies jet to be...
We see the bitcoin trends, drawn on this chart. Bitcoin is a creature of habbit. Or people are? Or bots are? :-)
As we see, sell indicators are loosing power, it is 90% case, that we see reversal at this very moment.
Trend is always your friend, I'm not afraid of current condition.
If we zoom out, and check, what was the Bitcoin price just 1 year ago......
At first we can see, that buy volume is increasing. We can compare it with December one, which is a good sign ;-)
Bearish trend is now ultra long, and bears are getting tired. Fudsters are getting tired. G20 has no clue, what to regulate, they just gonna realize, that they wan't to be a part of this king's train.
In this chart we can see support lines,...
Litecoin support lines, which many times worked well, and so will in the future.
We have two scnarios.
1. LTC could bounce from upper support line, and break the downtrend
2. LTC could fall to lower support line, and also break the donwtrend
Only thing which could prevent these two scnearios, is even major crash of BTC. But this is hardly unlikely, because...