🪙According to an analysis of bitcoin-related to 2021 I am waiting for the ORIGIN of the move (minimum) to begin a new rally for ATH. Don't FOMO with sharp movements in the price
I'm bearish since Februari 21, mainly because of two simple reasons: - The price was rising for 51 days - Bitcoin touched the 200 weekly EMA, and horizontal support at the same price point. In my analysis of Februari 24, I expected Bitcoin to get a bounce or go sideways at the support zone of 22800 to 23200. At that point I wasn't really sure whether Bitcoin...
Observing sentiment on social media has tought me one thing: Almost everyone is bearish on the cryptomarket, and almost everyone thinks we should go down. Now, I am not dismissing the possibilty that the price could/should go lower, but I also think that timing the market is not worth it anymore. Historically speaking, we're at the point where a bottom is in,...
In the most recent events, Bitcoin has touched the lower levels of the resistance zones before it continued to go down. This gives us two likely scenario, both of which are indicating Bitcoin is going lower. The first one is that, from here, Bitcoin just decides to go lower, without going up again. The second scenario is that Bitcoin will make a slightly higher...
- As per the previous post, bulls were unable to capture 21870 abd price has crashed to swing lows... Does the low hold now for a relief bounce is another question now ...🤔
To make sure the project has order, it would be wise to dedicate a page for each stage of the project. Stage 2 is now in action: trading within a range of 600-1,500 USD. Accordingly, I will provide my TA on this page with entry and exit points until I move to the next stage. Let's start!
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Hello !! Welcome to the quick update of BTCUSDT. As of now, we saw that BTC pumped until 30600 all the way from 26700 thereby pumping the altcoins. In my opinion, we are still very uncertain as this might end up being a trap for everyone. I suggest everyone wait until it breaks 32000 and then we might see some bullish momentum. As of now, 32000 seems to be the...
INDEX:BTCUSD COINBASE:BTCUSD REPOSITIONING OF PREVIOUS FOREACAST (Still working on new calculations for timing this is why these forecasts have been off lately. Will get it down soon.) THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY ARE ALSO CALLING THEMSELVES...
Not positive at the moment. We might see some small rebound but we seem to be heading to 28-29k. Stay strong bulls.
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Nice breakout on BTC/USD chart. Solid Volume. I am entering LONG positions when we have a lower pullback; I will use this opportunity to buy even more.
Although the USDT.D often inverse to BTC. It provides a great indication on good times to buy and sell BTC. At Trendline Support you should be in risk off mode, and when USDT.D is at the midline or the upper line it has often been a great opportunity to buy BTC.
I want to touch on the topic of bitcoin's cost production value. This is a rather important matter as it gives a better understanding of its price's cost bottom. Many miners talk about 15-20 thousand USD as its cost production value. They are right! When it comes to individual mining, then this is most likely to be the case. However, based on the above evaluation,...
This is TA based on 4H. I see two path options for the price action. 1. The price will follow the path in purple colour. Provided that it breaks the upper descending resistance line in pink colour and then bounces off it (use 15M for this confirmation), then we have a formation of the local H&S in purple colour and the price is likely to go towards the green...
Bitcoin Update 19/10/21: Bitcoin is currently 0.82% away from the previous ATH set in May, our next price target is at the 127.20% fibs @ $74k. Please see previous analysis below. Happy Trading :) Bitcoin Update 13/10/21: BTC Golden Cross Road to $74k (18/09/21). BTC is showing strong support around 53k-55k, from here we expect a clear breakout above the 78.60%...
BTC looks ready to retest the prior high as well as the 4 Hour RSI Trendline. It's pretty extended at these levels so I think a pullback of this nature is more than likely. The Curved resistance from last time seems to be in play as well
Bitcoin Update 28/09/21: Scenario 1 didn't quite play out for BTC as we mentioned earlier during the start of the month. From here we can expect the scenario 2 push phase to play out. A clear break with the 13 EMA crossing up above the 50 SMA will be further confirmation of this push above $46k. September is historically a red month, and this year we saw this...