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Bitcoinfractal

Bitcoin - Should we watch THIS FRACTAL?Hi Traders, Investors and Speculators of the Chart 📈📉 ❗ UNPOPULAR OPINION ❗ I discovered a fractal on BTCUSD during 2014 - 2015 that resembles VERY closely what we are currently seeing on BTCUSDT. What followed was a multi-month bear market for BTCUSD. A peak, with a lower high followed by a selling climax and an automatic rally. Could BTCUSDT repeat this fractal? This would link up to an earlier theory that I have involving the US Government Debt and rallying markets (against all odds). Check it out in related ideas below, this could be the bull trap of the century! It's never a bad idea to hedge your risk and secure some profits. PS I tried to copy a bars fractal pattern from the BTCUSD chart onto the top BTCUSDT chart, but was unable to paste it. If you know how to paste a fractal from one chart onto another, please let me know. _________________________________ Follow us for daily updates CryptoCheck
BITSTAMP:BTCUSDShort
by CryptoCheck-
65
Major Bitcoin FractalBitcoin is stuck in a range. On the one hand it could collapse lower, especially if stocks crash, but on the other hand it is still holding very well and there is hope. Here I’d like to explain a bullish fractal I am looking at and the market keeps behaving in a certain way. The fractal is pretty simple and occurred at the bottom. In my opinion the market as a whole could be ready to repeat that move on a much larger scale. First, we had a capitulation low with an SFP. The market then bounced and topped. However, on the way down, it formed a higher low. Then it bounced and essentially created an equal high. Then dipped again and formed yet another higher low. Then broke the highs, fell back below them, broke the latest higher low, and then exploded higher. By looking at the colored arrows you can see that the market is forming the same fractal at a much larger scale and what is required is that it dips in the 35500-37000 area. For the fractal to be completed, the market needs to raid the low from which the last move up originated. Essentially the last sentence in the paragraph above, is the pattern that has kept repeating over and over since January. The market forms a low, the breaks the low and quickly reverses to the upside. Then retests the first low (the first level that was broken) and it turns it back into support. What that means is that the initial support was broken in order to trap shorts, and the retest of it was validation that it was still strong support. In the chart above I have put solid lines as support levels that were broken, but weren’t double/triple bottoms. The dotted lines are support levels that were double bottoms, which the market would have wanted to break, and the dashed lines are the double bottoms that haven’t been broken yet. Therefore, by the way things are looking like right now, the dashed line is about to break and the bottom will come in one of the dotted lines at 36300 or 35500. Now it isn’t clear whether that will be the absolute bottom or not, or whether the fractal will repeat, however that area is a really important one and definitely worth buying even if it is for a bounce only.
COINBASE:BTCUSD
by BitcoinMacro
3
BTC Trend since 2010 Leading up to NovemberI found a fractal on the BTC chart that shows that when there is an uptrend leading to November, there is a strong continuation. This gives me reason to believe that we will see a trend continuation in November 2021 and possibly all the way to the cycle top. Data from 2010: averages tell us what the cycle top might be (See Next Idea - 🚀Bitcoin Cycle Top Fractal 💲110k - 💲286k!!!!? 💵🚀) See the idea on my YouTube channel Link
INDEX:BTCUSDLong
by zartraderguy
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
Gold from 1979 to 2004 INCREDIBLE fractal vs Bitcoin 2018-2019I think this is worth taking a look at. Bitcoin is a faster moving market than gold. Probally someone already published something similar but i haven't seen any. Note the incredible similarity between history of gold from 1979-2004 and the last bubble of BTC early 2018. We almost had the same % correction than gold and it keep following the fractal. I believe there is alot of institutionnal money waiting on the sideline after the 2017 bull run of Bitcoin. 1. Main picture : Gold futures from 1979-2004 2. First picture BTC : 2018-2019 3. Second picture : Gold from 1979 to 2019 I can see BTC following the fractal in the third picture and this would take us to arround 50k BTC in less than a year. There will be alot of FOMO if BTC keep going up. You CAN'T deny the fact that is really similar to Gold, but this is not a buy recommandation. We are approaching all time high in the stocks market ( i am short right now ) and i believe there will be some of the money allocated into gold, will now flow into BTC. Do your own research, this is not buy recommandations. P.s. sorry for my bad english, this is not m y main language.
COMEX:GC1!Long
by MustBeNice