After successful confirmation of Double TOP we expect #BTC price to retract about 2.36 FIB of support ( 26600 Mark ) and then continue to 32.200 price action whereby larger correction is expected.
Simple fib grid analysis for curious cryptoheadz ibb.co
Further to our September 28th, 2022 analysis inverse head & shoulders is not fully confirmed. We expect price to hit 18.800 mark and follow ascending sequence pattern : a) 18.800 - 33.000 b) 36.000 - 50.000 c) 55.000 - 74.000 Retraction Sequence: a) 74.000 - 55.000 Further Bullish momentum before significant correction: a) 55.000 - 104.000
We are still in early Sinus accumulation stage for BTC/USDT we expect maximum expansion up to 46k in upcoming months until June, then gradual retraction to lows 36-38k and continuation of the pattern to 74k
Prepare for smooth rise to 25,200 mark as we observe from historical pattern same similarities.
We observing similar pattern in early 2019 which seams to correspond with current BTC/USD pair behaviour. We expect slight correction to 21233 mark and continuation of Bullish momentum towards 27,500 resistance.
Our aim is to maximize the performance of the widely-spread ad-hoc crypto asset, Bitcoin, which began its circulation on January 12, 2009. Considering the performance of the asset over the past 14 years, we have concluded that it has immense potential and stability as a long-term investment instrument. We have conducted a comprehensive technical analysis of the...
We observe H&S Pattern in 4H timeframe. We expect price to rebound from 16900 mark and head towards 20,500 Mark . We observing double bottom pattern intensely forming in 1D timeframe ,so we expect fast bullish rally after the rebound to 18,500 mark with slight retraction and further bullish momentum to break upper resistance.
It appears we are approaching BREAK-BARIER for Long-Term LONG Cycle. Currently we expect short rally to 20,600 in coming days, when with slow confidence acquisition thereby we expect to break 30,300 resistance before January 24th.
Our indicator shows that we are approaching historic data overlap transpired on 18/JAN/2021 . Somewhat early but we expect next week to be a final decider for Bitcoin trend direction. We expect another SHORT term retraction to 15,700 k mark and proceed towards 20k Mark with 2 weeks period if successful we shall expect rapid ascend to 40k Mark in a matter of...
It appears from our algorithmic analysis that BTC/USD bearish cycle is nearing its end point and would stabilize at equilibrium around 18,100 mark whereby it is expected to take new Bullish Cycle and slowly recede to higher high we expect 26,000 mark to be achieved before the end of December.
We are retracting to final low zone of BTCUSDT set around 18.600 - 18.500 over weekend. And monday we should expect to hit 20,000 whereby market would begin to capitalise and we should expect higher low zones for next week.In overall we expect to hit 26k mark in 3-4weeks period.
Update to BTC/USDT next Weeks forecast From our analysis it appears that although there is a chance of price retracting to 18,500 mark. In overall judgement the chance is so small ,considering the last weeks' green hammer candle close and this weeks close above last weeks open. With almost 100% certainty market is going to take another sharp Bull run on...
BTCUSDT - Expected to take on new cycle where current resistance zone of 40,221 shall become new support zone within 1.5 year retraction cycle setting Highest High as a new resistance zone for next 4 year cycle.
Fractals are undeniably right and looks like bitcoin is to take another low dip towards 13k mark and from there it would set new support level to head slowly towards 72k mark. BYBIT:BTCUSD
Our market analysis shows that we have reached end of the BTC-DEAD cycle period for BTCUSDT pair . Green line indicates strong oversold consonant with blue line which indicates demand for SHORT positions in the market is reducing proportionaly. The symmetry alights over weekly period for Price Action of the Asset hence indicating strong market reversal is...
It appears that #BTC is nearing is entropies' final state and about to embark on slow harmonic rise with lower volatility cycles as evident from historical data analysis.
Looks like we are ending the bearish cycle with final "Head" formation in the new lows zone and then shoot for 26k mark and recover from 22k support.