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20k

Hear comes the massive bullrun that I have been talking about!!You can see this is a very long play. My Short from $10355 was very successful and I closed most of it at 5000% ROE on Bitmex. (In the Summer of 2019, 99% of the people I know told me this chart is impossible- but the 1% of the people I knew told me there would have to be something massive to create the necessary fud to cause such a crash. Covid fud happened and you can almost say that my chart predicted something like this lol- but I truly did not predict covid or anything- I just knew XBT was going to crash hard 1 last time.) I now need to get into my analysis. You can see 2 great things happening: 1st since the recent crash is on a lot of people's mind, I will start with the great news about the crash. On the daily, the wick meets up with (the blue diagonal line) with support from previous support (this is only 2 touches though- 3 touches will be gold). The other amazing thing is the candle body rested on the previous supports (the blue horizontal line) from 2018 and 2017! 3 touches!!!! but there's 1 more thing: if you look at the resistance line that stats out from $20k ATH of 2017 and touches it again in June, 2018, XBT kept coming near it to retest and retest it. XBT will hit $10k this month to give the resistance line of this descending wedge 1 last go. Now 1 of 2 things will happen: either it blasts through it, or it rejects it again (which is typical for a halving: a nice pump, a massive rejection back to support and then a massive explosion to a NEW All Time High! You want this rejection! Not only for the halving pattern that leads to ATHs, but to give that support 1 more hit to create a solid foundation for the new ATH. What's my play? I will short some of my XBT at 10K(ish) (but note the RSI is pretty high so I don't expect $10K until the 3rd week of May) (but this does have the possibility to do a false breakout from this yellow symmetrical triangle because this is crypto which means there are so many noobs who fomo bigtime which is why I say 10k(ish)). After XBT tops out there and I short, I will then go long AND buy new Bitcoin at $4k where the support (of the yellow triangle) gets tested one last time to Prime the bull run. Now I said 4K because that is where the bottom of the yellow triangle is. It can very well fall beyond that as you can see with my orange lover arrow. If it breaks that support, watch for the other 2 possibilities of it hitting the blue lines again or if there is a lot of fud, it could even hit the other yellow dashed line at $3600. (This is why you need to be careful and use proper risk management. Put only a percentage of your funds in at 5.5k and if it drops to 4K, put more of those funds you have reserved for Bitcoin and if it drops to $3600, you can put in a lot more of those funds. Going all in at 5K would be very silly) The beginning of the true bull run will be at the end of the summer or beginning of fall- around the fall. after 10 this month or so, it will be a slow painful drop back to the support. Remember to have patience and let the price come to you. Make you profits and share the knowledge. (Do I have to say this is not financial advice? It's your money and it is your thoughts that determine your actions. besides, I tell you to only use part of your money to do my trades as 1 possible strategy to use)
BITFINEX:BTCUSDLong
by MC94XR7
2
BTC/USD goes to 7400?The correction of 20 thousand dollars has decreased to 3 thousand. The correction of 14 thousand dollars has decreased to 6 thousand. Every time we break the upper base of the red channel, we tested the lower base of the red channel and went up from there and continued on the way. if this system does not fail, it will return from here, Or a little more, and we continue on our way back from the 7400s. Then, We test 20 thousand again and make a correction to 15 thousand drops.
BITSTAMP:BTCUSD
by Erenyil
1
Bitcoin has entered re-accumulationHere is my guess on how bitcoin will move the rest of 2019. I think we have entered re-accumulation / consolidation. In the previous bull run, somewhere just after the start, we also entered re-accumulation, see my image below: I think the pattern we are in right now is a bit similiar. So this means no big moves until nov/december, I think the next rally will bring us to atleast 20k. After 20k is tested a support re-test is very likely if we breakout from an ascending triangle. Anyway, my 2 cents, gl & hf
BITSTAMP:BTCUSDLong
by CivilisedWolf
1
Ascending triangle forming on btc, Still bullish.Price has consistently failed to break the 11.1k level on the daily. Ascending Trinagles are a bullish chart pattern - We saw one forming back when btc was in 4k area, Now its forming at the the current price range of 11k-13k. IF it breaks above we could be looking at bitcoin TESTING ALL TIME HIGHS! But nothing is certain in trading - So DYOR as well! Main level to be aware of 11.1k We close below this level on the daily for any reason - This trade idea would be invalidated. Wish you all good trading and profits!
COINBASE:BTCUSDLong
by one-two
4
Bitcoin BTC 20K All-time-high October 2020 (Rough Estimate)First I want to mention this is my first TV chart idea and I'm no professional trader by any means. Take this idea with a grain of salt. Based on my relatively simple chart, I think there's a good probability of Bitcoin hitting the 20k target during October of this year. If this target is reached I suspect one of two scenarios. I'm leaning more towards further upside breaking through 20k after a small shakeout. Bitcoin has steadily increased in price since inception and unless there's a black swan event to damage confidence (very possible) I think new interest combined with more preparation to handle high numbers will benefit Bitcoins price in the following months. Alternatively perhaps MSM news will pump the "20k ATH Bubble news" and new investors will get dumped on with a sharp retrace. In this scenario I can see revisiting 12k as a worst case scenario, by then I suspect Bitcoin will want to resume bullish momentum.
BITMEX:BTCUSD.P
by NFTArtist
2
October Bitcoin Price: Tribute to the WOLF OF POLONIEXChart is crazy and normies will be brainwashed by groupthink that this will not happen . They will say there is no way that is gonna happen no way. Mike Novogratz assured me bitcoin would never be below 5800 ever again as he birthed the "there are no more sellers" as he also told you that on the cnbc. I imagine this post will get banned as we get closer to this actually happening so I would urge you to save it and repost this chart so we can save as many normies as we can and they can buy somewhere closer to the 88 percent fib retracement which is like 3800ish. But this will not happen as I get called a wacko on meth in my tent in the woods. The ta: Basically draw the downtrend line from the past 2 bull traps( 8500 7400) and draw the bear flag on btc. Btc should be finding support on the 22 ema daily as we speak. Draw the fib lines from the low of 6150 to the top of 7400 of the previous . The top two fib lines below 7400 are like 6900 and 7100. We move from the 22 ema daily to the 6900 fib target back down to the 22 ema daily then spring up to the 7100 fib target break down to break the 22ema support forming and then down to form a lower wedge at a lower low and then pop up rekting shorts to have enough ammo for the higher high fakeout. My Trade : Long 6500ish to 6850 flip short at 6900 short to 6550 and then relong to 7k and then flip short to 6. Adjust targets accordingly. Will long 5900ish to 7.1k and then stay out of the market. Remember when Novogratz said 40k btc by next december 2018 and we topped at 20k in December 2017 so normies can fill his shorts again. Well he will once again mention something like "well I told you 40k btc by Dec 2018" is possible once we get a shocking bull run in November as the market makers pump it re refuel interest in crypto with the big money ( those truly in charge) opening up their big exchanges such as bakkt and goldman sachs who now owns poloniex. I can imagine there will be an onslaught of bullish news as novogratz always said "the herd will storm in " when regulations are passed. I also believe bittrex and poloniex and all American exchanges have already lobbied against binance and tether . Tether will prove to be legit but goldman sachs got angry and made their own stable coin( partnered with bitmain) in attempt to overtake tether's market share. That was the reason for the attack on tether which was ultimately an attack to take market share away from bitfinex. Tether proving to actually be legit and biffinexxed being a shill paid by goldmansachs/bitmain to trash tether will change the market sentiment from bear to bull very quick in a months time. There will be binance fud as they right now dont require kyc for smaller accounts and this will be a ploy in attempt for bittrex and polobiex and coinbase to gain back market share due to binances explosion in 2017 . When the little guy makes as much money as deutsche bank bank but drastically less operating costs yeah the big boys will be mad and well coordinate their counter attack. Sminem here to tell you that I hacked bogdanoffs plan and we will counter attack in November. Boganoff defeated me and in exile I have now gathered the necessary strength to counter. This post will get banned so repost and spread the message. Rekt Dude from 2018 bear market
by wolfofpoloniex2
6
Bitcoin Resonance Period and The 20k Pump Trapfirst im not experienced TA in trading but just looked from a technical mechanical curve theory Briefly i see that Bitcoin Never reached 20k in real and the right value nowadays about 10k-11k I Assumed that the area in red box is just a resonance period kindly google it (resonance curve) which caused buy a forcing pump to 20k USD let us assumed bitcoin just reached 5-6 k USD in 2017 smoothly and was correcting last two month uptrend and downtrend from 5 -6 - 7 - 9- then 6 then 7 - 8 - 9 -10 - 11 and now correcting to 8-7 last two months was just a period for btc to return to stability after that resonance so i think the curve in white and trend or channel in red is the stable and more real shape from now lets do the following and fly 1: cancel the red box area (RED BOX RESONANCE area) 2: follow the chart as it hasnt reach 20k usd before 3: the actual price nowadays is about 10-11K and is correcting for it and will down to 7k and come back to pass 11k and reach 12-13 ten corect....etc 4: targeting about 20k this coming is it more logic
Long
by selfanswer
Count down the countdownThis is a 'without words' Idea. Look at the arrow. Maybe the long awaited bull move is near. Proof: None! Why the idea & why now? Momentum is down. News are bad. "Binance hack" news were the latest ones. Even if there are no special good news the lack of bad ones as we had them over the last 2 weeks would be enough to allow the roots to grab a halt. The root to new roots: 2nd time that BTC didn't go below the 9263 USD line (BTW: in EUR it is a perfect touch of the line. I let you check this by youselves.) In latest a week we will see what the idea was worth. Good luck!
BITSTAMP:BTCUSDLong
by sewiet
1