Only positive news is pushed at tops and -ve news at bottoms !!! Lets see what happens next !!! IMO this market is still bullish !!! Looking for a 80k bitcoin in this market cycle Everything mentioned on the charts !!! NFA | DYOR
Current structure looks due for a retracement to about 50-54k where i expect ranging/consolidation which could take some time but in that time i expect most alts to go on their bull runs !!! Break of 54k-57k would take BTC to new ath which could be in the 72-80k price range. NFA | DYOR |
Everything mentioned on chart Still bullish on BTC Waiting for its last leg as we're seeing quite similar things happening and I think we're starting the 5th wave (on a bigger time perspective) of this bull market Using the 2013 Nov fractal BTC will get close to 80k Back in Feb I was expecting a similar drop of about 50% and it took so long that I forgot about it...
XRP looks ready and may go all the way up to 0.702 where it may find resistance Short term target : 1.3 to 1.5usd Current structure looks ready for a breakout of this range in short term !!! It may come lower after hitting those price targets !!! NFA
BTC has rejected off 0.702 again but seems pretty bullish seeing the current structure , price may dip a little lower before reversing and making its way into 40s !!! #DYOR #NFA
BTC has correctly and found a bottom in the 7 wave correction Also Inverse H&S forming on short term It's heading up in the short term then consolidate then head up again and eventually show a V bottom recovery
Looks good to me maybe it may dip a little more and should not breach previous low in bullish case ! 47.5k is the area of interest for the next move !! Lets see what happens next !!!
What we are seeing is a 7 wave correction in BTC if you look at 15min chart so its on a small time frame i wont trust much but structure are pretty familiar expecting btc to go a little down breaching the previous local low and bounce back from there and continue its upward journey !!!
Expecting xrp to consolidate in a range for some time before its big breakout !!! Peak could be around 10-13Usd in this market cycle .
I expect BTC to peak around 72k to 85k and expect resistance around 47k .58k ,65k before a new ath. DYOR NFA
Looking for LTC to pop out of this reason !!! Very similar pullback that we often see before the last leg of the bull run in LTC as did in 2013 and 2017 and this time is no different It may be indicating that the bull run may not be over !!!
You can clearly see the similarities between the 2013 and 2021 bull runs as we're getting almost same type of pullbacks and moves The 2013 fractal takes btc to about 85k and btc previous high is around 65k and the fib extension 4.236 lies in the 74k region These factors tells a lot that BTC has not peaked yet in this market cycle since we didn't saw the...
In 2017 we saw LTC had a 66% pullback before making its final leg up Its 2021 and we saw almost similar pullback in LTC and that growth rate from the bottom takes up to about 1700usd which inlines with the fib extension 4.236
Typical crashing structure Dent is expected to poke the 0.702 fib extension where it may find some resistance before moving to local top where we can find it to retest the local top after breaking it and then blast off to higher levels .
Possible bounce zone after the initial rally after crash If previous low is breached then we have to see things a bit differently As of now I think BTC has bottomed out in the previous move and is ready to make its last leg up in this bull run in the 72k to 80k USD price region Marked the area where i expect BTC to find some resistance on the way #DYOR #This is...
Looks like BTC is not done yet in this bull run If this is the bottom of this move then we have to look for retracements especially the 0.702 area where we find rejection
Current BTC fall structure is similar to xrp on 18nov 2020 fall (hourly) We could expect furthur upside from here till 80k If previous low is breached then the story will be different for BTC #DYOR #This is not investment advise !!!
DBC had been sleeping for years until this year and is ready to retrace to higher levels usually crashes after a peak and retraces to 0.786 or higher and re-accumulates in a range before the next move and it has been observed in the prior 2 rallies also and the current structures are behaving similarly DBC looks like its going to 0.08 to 0.1usd in the next move...