drgoudarzi

drgoudarzi

Bitcoin has touched fibo channel 0.238 and returned but very weak, so there is no chance to break dynamic resistance in the next few days, so we should wait until the coming year to see what good news and FUDs will support it fundamentally to be able to help it for going back to its previous bullish trend, so we wait and watch the market. ETH shows stronger...

drgoudarzi

Bitcoin movement prediction by a new approach for indicating important dynamic supports. It has touched first important dynamic support and has reacted.

drgoudarzi

According to historical waves of Bitcoin growths and corrections, if Bitcoin wants to achieve logical higher targets such as 90,000$, first should have enough power for the next growth, which is shaping a new smaller wave from about 37,000$ up to 47.000$ and then break the dynamics resistance (upper red line of triangle), and some oscillation/pullback near this...

drgoudarzi

According to wave analysis theory, now Bitcoin is in the correction trend after its 5-wave bullish growth, it may takes short but should touch Fibo 61.8%, about 38,000$, then touch the long term dynamic resistance which compresses the high/low and form a triangle to make it ready to go for higher targets which is reasonable to be 88,000$ as the height of the base...