As Bitcoin prices continue to surge, you may wonder wonder where the next area of interest will be. According to recent price development, HKEX:20 ,000 is the next target on the radar. In February, we predicted that shorters would be wiped out and that a HKEX:20 ,000 pullback was likely. The sequence of events has unfolded as expected, with emotions flooding...
I think 14k is the intended target of this current correction. That would test the breakout of a major former resistance area. This would also conclude the 80% cycle correction. Not financial advise, but anything around 14 - 22K and you're getting BTC for a steal.
We have been consolidating along super important and critical levels since 9th of May 2022. These ranges will MAKE or BREAK BTC the coming months... (June, July, August) Just like last year. I`m currently super bearish. US markets look horrible, The FED is destroying their own economy, inflation is through the roof. NOTHING can save us. Doomsday is...
IN weekly time frame we already saw a breakout and $btc is consolidating we may see a retest before going down. 8 week consecutive red candles which never happened before ! in daily time frame we can see a divergence also.
BTC looks primed for a move down to $32K over the next 2-3 days. That price level may provide a temporary relief bounce, but even then price action could just continue down. This would be a last chance price level before continuing down to my $18K-$20k near term bottom. Watch for a break of this bear flag on the lower time frames, which is just a smaller flag...
I've been watching the market very closely the past couple of months and this does not look good. What I see is a bear pennant that just broke down. BTC has already had a monthly MacD cross down, broken this bear pennant, and is about to have a bearish 4hr 50/200SMA death cross. All bad news to me. If this does play out with a 50% correction, just imagine what...
Hello, Coming back on my previous post, this is a possible outcome that generally happens when a M pattern is happening. A break through the support of the middle section of the M, with a quick fall+retest of the same support that now becomes a resistance. As you can see 20k is an ideal bottom and you should join me in doing a big buy here. This support can...
Please note, this is not a daily chart, 1 bar = 4 days. Scenario 1. A-A trading range, the previous high (69k) can be seen as an Upthrust and a Signal of Strength. At the moment, we have reached a significant level of POC and there is a possibility (according to the theory of cyclicity) that after the 25th there will be a rebound upwards. Also, the further...
Watch what MM crypto says. "Technical target of 20k for breakdown of "H&S" www.youtube.com came out today as of 1/10/22 and what this guy says watch what he says about the h&s youtu.be Im seeing a pump/bulltrap to 47-52k according to this bars pattern. At this point I would take profits and stay safe in USDT if you are in profits. If you are in losses, even at...
RSI and Prive weekly divergence will drive Bitcoin to $20000 - $25000 area in Q1 2022