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Bitcoincycle

BITCOIN December 2021 Prediction. Citibank Analyst NewsIn my opinion the Citibank analyst is too optimistic and he did not account for Bitcoin logarithmic nature. I would say 318K USD is a bit too optimistic and set a more realistic target of 80-90K within my chart In my opinion Bitcoin also has extending its market cycle by 8 - 16 Month every cycle. So this cycle would not be topping in Desember of 2021 but somewhere in Q2/Q3 of 2022 IMO. Please note that all the above is just my opinion and my analysis could be wrong, I hope I'm wrong and BTC do go to 318K :D But I do agree with his statement “There is no edge in guessing targets so far in time with TA. All we know is that price is likely to continue going up.” with TA going this far in the future with no fundamental context is no use. For all we know BTC could go to 1 Billion USD if the printer continue to go brrrr. Please note that in this scenario. 1 loaf of bread could cost upwards of 1000 USD just like venezuela economy did. That is the Fundamental Aspect we need to consider I know the scenario above is a bit too extreme not gonna happen. But you get my point. Source for the news: www. coindesk. com/citibank-bitcoin-gold-318k-2021
BITSTAMP:BTCUSDLong
by VincentTjianattan
1
Possible 100x Bullrun contender ? FUN/USDT #crypto #100x $FUNMany of us here don't really expect a Bullrun until late 2023 or 2024 - assuming we are in a lengthening Bitcoin cycle ( which I agree that we are . ) But when that happens posslibly some coins will do quite well .Here we see FUN from Binance tether chart . You can see the price right now is .0033 cents , or about 3 cents . But if we check the All Time High of FUN we see it was .33 cents . That's EXACTLY 100x , or 100 times up from where it is now . OK, I'm not psychic and I can't say what will happen in a few years - but when Bitcoin revisits its' All Time High of 20k again , many Alts will be on sale and that might be a good time to look at FUN as perhaps a longer term hodl . Also you can see we are in that pretty Fib Circle indicator here - but it seems to fit . Also we are now coming down through that Ichimoku cloud and could possibly come down a bit more .
by shimmeringpath
Bitcoin - Long term forecastBitcoin starts to show first signs of weakness and distribution. There is a high probability we are at the end of up-cycle, or will be in following week or 2. To sum up - I am expecting BTC to reach 10600-10800 USD soon. A reaction on this zone will be crucial for next move. Expectation is it will be just a quick reach for liquidityy and we won´t close daily above 10500. In this case, plan is valid. This thesis is also supported by multiple indicators that are currently in a bearish divergence. Enjoy!
by Blockspacecz
2
Bitcoin printed the most violent upside reversal of its HistoryThis chart is saying a massive F*ck you to the herd who joined late for the easy money end of 2017, who panic sold thinking it would tank to zero or close to it. This market is punishing this herd who probably panic sold between 6k and 3k. These punishing reversals type of moves are happening in almost every market cycles. They are the perfect symmetrical opposite moves as the punishing raising parabolas who trap the herd that thinks the asset will keep on raising forever close to the top of the cycle. Bitcoin is now probably going to keep on raising brutally and progressively, as these same late investors and newcomers are about to Fomo and frenzy join successively, as they realise this asset is not going to zero. Market cycles.
BITFINEX:BTCUSD
by Giovi6969
7
Bitcoin targets 11000This pattern shows that BTCUSD is trading on its new long term support zone. Using the Ichimoku Cloud as a prime leading indicator, we can identify key trend signals and many similarities between Bitcoin's last two bear cycles (2014/15 and 2018/19). First of all the cloud's squeeze (October - December 2014 and September - November 2018) was a Sell Signal to the strong decline that led to the 1st cycle's (2014/15) bottom and what could be the current cycle's (2018/19) bottom. As the cloud widened in 2015 it gave two Buy Signals, one that signified the bottom and the next that signified the start of the next bull market. The channel's support lines show where these pressure points can be found. The resistance line shows where the next target is and that is at 11000 (on a 15 month period). This is the first bullish target of the Distribution Period. The peak of the next bullish market is according to those indicators well above 40000.
BITSTAMP:BTCUSDLong
by TradingShot
13