Hi. COINEX:BTCUSDT 😊Today, I want to analyze BTC for you in a WEEKLY time frame so that we can have a Mid-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️As you can see, BTC is completed this pattern, and if it follows this pattern Price can grow a lot. ✅ Due...
First of anything this idea is basically based on fib channel so do your own diligence. As you can see first cycle in 2013 topped at the 1 level doing a 2 peak bull run, 2017 peaked at 0.78 level, so is very probable that this cycle can peak at the 0.61 level around 250k, also resistance line of the previous cycle's match with our long term target. For the...
Historically there is a trend of accumulation in the green zone followed by a breakout. The key takeaway is after the initial breakout is a local top is formed followed by a backtest of the accumulation zone. Historically this has formed the future bottom support of a coming bear market. Also bottom to peak retraces have been getting shorter. Three consecutive...
Thats my detailed gameplan for bitcoin :)
Same as the 1 day chart with enhancement to the 250k+ Let go baby! Right now Is a crucial point in BTC! Can we start the. Bullish uptrend straight to 70k now? Or will we dip down to low 40's- high 30's and fly up from there? I am super long on BTC for a long time and Am going to be super long until 450k! 250k is my prediction by December 2021! Lets go BULLS!
Fibonacci timezones and extensions are both very powerful tools when it comes down to finding out what time a bull market starts/ends and at what price range. The fib time zone 0.382 and 0.6 (highlighted as a vertical red and green color) is both used in order to identify the bottom of a bear market by taking previous lows onto bull run highs. This also allows you...
The software that controls the Bitcoin network is set up to cut the reward – the amount of Bitcoin a miner receives for solving a block – in half at regular intervals. The first halving in 2012 cut the reward from 50 bitcoins to 25. The second was in 2016 and cut the reward to 12.5. The next halving is expected in May of 2020. The charts typically show cycles in...