I learned to cancel the noise as I'm an investor and not a trader. BTC and other large coins look good to long the next couple of years. I am an amateur and this is not financial advice though.
How valid could this be? Does it make sense structurally?
In my opinion, there are two most likely scenarios of the incoming bullrun. Both scenarios reach around $ 140,000. This is calculated from past cycles. SCENARIO 1 - It takes the same time as the previous cycle. - Correlation with halving. - Bitcoin currently looks like the beginning of bullrun. SCENARIO 2 - It takes more time. This is a calculation based on...
So a friend of mine alleged that this curve "the green line" is forever unbreakable and that bitcoin will never go below that price at any point along said curve and bet 1 bitcoin it will within the next 2 years..... I'm just charting this here to keep an eye on it and to remind myself to check it again in a few months... Im coming for your bitcoin John....Im...
BITSTAMP:BTCUSD It looks like price action is very similar to May 2014 when bitcoin rose up to previous resistance only to fall hard. With this outlook, we still have at least another year or two before bitcoin is ready to see new highs and we could see a longer accumulation zone under the lows from this year. I don’t think the accumulation zone will last as long...
So yes, BTC is apparently bullisher than I thought, at least short-term, because longterm I'm always a BTC uber bull :) But short-term, I had several reasons to think that a weekly capitulation bar was very likely: 1. Too much bullishness and optimism (contrarian indicator) 2. Number of daily transactions still below ATH (although now finally approaching ATH...
According to S-curve adoption, tech gets adopted in an S-curve pattern which is exponential at first, linear when it hits the mainstream and then flattens out when full adoption has been achieved. I follow this reasoning with Bitcoin and while the day to day, week to week, month to month and even year to year movements are too short to see this S-curve pattern,...
This is half fun, half serious. For all of you that plan to live 100+ years like myself (watch Aubrey de Greys theories on life extension and longevity!), this chart is a serious thing to consider, when planning your future home on Mars. Those tickets with SpaceX's spaceship won't be cheap!!! Also, those life extenstion therapies also won't be cheap. So we...
It's time for another view at the longterm picture, and for that, we must zoom out again to the monthly timeframe. It is apparent that this structure here is a bit different from the last bearmarkets. The subsequent bullmarket could therefore also be different. I think that BTC cycles are getting longer. One must think of BTC as a physical pendulum. The more...
With all that doomsday feeling going around, I thought I'd update my older longterm chart, with updated, more precise price action. It still seems that the bottom will be in the low 2000s area, sometime in march/april 2019, then a longer flat period, before the next bullrun. This time, I looked at the ratio of the previous ATHs to each other, the factors are...
Bitcoin has been falling since 20K ATH coming back to this uptrend channel that has been here for more than 3 years. Right now it is testing the bottom of the uptrend channel. If we bounce here we might start another short term uptrend to test at least the top of this channel(7000$-7500$) but if we break down we might see Bitcoin falling hard to 3K-3.6K level.
Just for fun, will Bitcoin be the longest and biggest pump and dump in history? Or will it shoot to the moon and go to 10million per coin? Leave your comments below!
Not a professional, but based on the chart history, the logarithmic growth of Bitcoin seems to slow down. If everything continues according to the red marked channel, then we will hopefully see Bitcoin at around 80K - 100K by the end of 2021. Since anything can happen and history not necessarily repeats itself, like there will be no bulls for the next four...
this is my first analysis on tradingview I have been inspired by the larger analysts I keep working on developing in a few years to understand the market well. As you can see on the time frame of a day this year starts with a downtrend the first low the second and in the third the support is touched with a double bottem which usually means a reversal pattern. in...
Everything on the chart - Play with caution and do not over leverage yourself
Testing long term wedge resistance wolves, breakout possible. Entry point: 0.00000400-450 Target 1: 0.00000480 Target 2: 0.00000500 Target 3: 0.00000518 Target 4: 0.00000580 Stop loss: 0.00000370
It's important in times like this, when the bears and bulls fight it out for temporary control, to take a step back from it all and analyse where your long term portfolio is going. What you see here is what's known as the first sell off of a much greater movement with a strong bullish trend line and bullish divergence on a large time frame (by crypto standards)....