weekly bitcoin channel to 2023if we stay in this channel for the 6 years this is how things might look....
highly speculative chart.....
Bitcoinmoon
Long live Bitcoin, last call before climbing that canal.As usual, beware downward breakout, especially considering the news and the ethereum stelaing the hype lol, but bitcoin will always remain bitcoin, should have a place in a trading portfolio.
The double bottom is pretty nice, I think it just want to confirm the 1000 cap, as for the target, once again how long can you wait before closing position, if you can wait until top of the canal and beyond well,that's the real challenge, but that's the spirit of swing trading otherwise take it until you feel the up trend is heading toward retracement and retake position a little bit downer.
Cheers all cryptotraders out there :)
BITCOIN PRICE FORECASTPlease do not trade this without your own TA. I hope that this can help with target pricing :> Forecast is made using simple S/R and measures.
I have yet to explore the possible downside of this , so I will confess that this is very bias.
July 4th to meet $1705We're near the top of the pitchfork. Expect a drop, go for your sell positions but not for too long. Ride the wave up at the bottom of the next little crash, until 1st or 4th of July. Will be a good 4th of July.
Remember, we're at the ATH. We've had a massive 3 year cup for a C&H formation. The handle is being created over the next few months, so don't expect a huge upward movement until the handle has formed, but don't be in fiat when the handle has completed and we start the launch upwards to the Moon. 2-3 years we'll see that $4000 Bitcoin value, but it could happen within the next 12-18 months before the market changes and decides it's new direction and trend, although long term, 5 years, I believe it will still be moving upward, even if we have a massive flash-crash before then.
If you really want to risk it, short with a target of $400 within 2 years. Long term short. And buy back in in the $400-600 period and wait for $4000+ to sell again (4-5 years).
Short-term Long for BTCUSD until ETFI expect the price to float above 1200 as we wait for SEC to announce the ETF outcome this Friday. This is a good opportunity for a very short-term long. Be on your toes at all times. Good luck trading!
Found the local bottom?Looks like we might have found the bottom of the current downtrend. Positive divergence on the RSI. Confirmation could come from OBV breaking the downtrend line. Considering the ETF announcement is probably less then 48 hours away, buyers are likely willing to return.
Crystal Ball Projection: BTC going to 5k in '17 then 40k in '18We're approaching an historical convergence – between the active bull trendline and the current all-time-high. Price will either break through the bull trendline and initiate a bear trend, or it will bust through the yellow line to form a new all-time-high.
I've entertained the idea that Bitcoin might be over it's high-volatility days, and that may very well be the case. But the more you think about it, if you believe will grow to $100B+ market cap, there will have to be more hype cycles and volatility on the way. EVERYTHING CHANGES once we hit new highs.
log plot of BTC to 2020 and beyondno idea if i have done this right or not but drew it about a year back and still following the same channel... although a very large channel id like to know how to refine this to be more accurate
BITCOIN: Simple observation of long upwards curveThis is my first chart and I am just curious to see this long upwards trend.
BTC/USD Short and long BTC/USD
BTCUSD Was decanted to the upside after a weekend of very ugly Sideways & Traping Market
Expose a complete of CD Leg and any retraccement near (B ) point will be the excellent oportunity for Demand this Asset.
BTCUSD Is testing key Ressitence at $898 AREA @38%"" from $1161.47 High to $744.57 "" and we can see a kind of INVERTED H&S else..
at this point am very neutral. under bullish technical influence awaiting for breakout
a consolidation or corrective down leg for next 12/24 hours will be totall normal and expected why not. IF not.. that mean the bulls are taking the control hard.. and the jump will be inminent inside 900$ level towards highs.
Thanks 4 your time.
Bitcoin: Post Correction Buying Opportunities and Support PointsBTC is in a descending wedge, will likely bounce of previous supports that were important on the way up in the rally. Each bounce presents a trade opportunity. Chart is self explanatory. BITSTAMP:BTCUSD
See my related ideas below. Thank you.
BTCUSD - Time to take flightSo it looks like we took the low road. Mainly because of margins that got called in August on several trading sites (BITFINEX) which blew out the previous bottom. Bitstamp and other exchanges had to follow or risk losing on arbitration.
This is only a bubble prediction. Bitcoin still isn't mature enough to prevent over inflation of its worth. After this next upcoming bubble when the price bottoms out to around 1k, I believe the regular investor will be secure enough to survive a decently long term bullish trend.
Long term uptrend line [TREND ANALYSIS]Traced green line stand for main trend continuation on the 4 hrs. Some little corrections could happen as already did.
The purple line is the 1 day timeframe uptrend support line (1D chart is not shown in this picture)
If the trend keeps going over this line in the 4hr the uptrend is confirmed and strong. If any under the line correction happens set your SL and think well your strategy.
If a downward trend will start it has to confirm at least 3 4hr candles under the line and give more signals of fundamentals and momentum bear switch. If it doesn't happen it can be just a shakeout for weak hands before attempting a serious ride over 1k $.
$BTC
Stay safe.
Bitcoin trendlines and support and resistance points. Still LongBITSTAMP:BTCUSD
After making lots of charts, the picture is finally becoming clear.
We have a whole bunch of little trend lines that need to be respected, as well as major support and resistance points.
Things are looking good above $930. Below that, it's 860.
Please check out my previous ideas as well.
Bitcoin Moon Landing Temporarily Postponed But Still Likely. BITSTAMP:BTCUSD
The chart speaks for itself. Small acendng wedges grind up until they become to narrow and break down until a new lower wedge is found.
I bought some BTC at 970 from coinbase to transfer to bitstamp, not sure what I will do with it. Leaving it open as a long position for now.
ALPHA DELTA OSCAR PREPARE FOR MOON LANDINGFriends: BTC is doing well and we soon approach the moon of $1000 BTC.
Buying opportunity levels:
1. 915 at 50 MA
2. 880 at 200 MA
3. 860 at previous support.
If things continue, we will not get those opportunities. BITSTAMP:BTCUSD
My positions: holding smaller position from my most recent purchases between 770 and 890.
If you think this chart is silly. See my previous three as linked below. 3/3 so far!
Bitcoin third phase. The grind upward continues. I'm very happy about my two previous charts, see links below. It seems the market is following my predictions. Let's see how it goes!
Will buy again at 885 and 860.
To the moon! BTCUSD
Entering A Trade. Lets ride with BitcoinLooking back at the 47 day range before the last run-up, there is clearly a pattern to creating a new high. We could see something around 825-920€ if this goes something like the last time.
BTC Weekly Candles Shows Upcomming CorrectionWeekly Candles have stopped making big wicks,
we are up for a correction ?
Jurik's RSI (smooth rsi) also shows overbought levels and
after every bull phase, btc has correction so i guess we are going to go sideways
and then a dump maybe and then form support and hit 6000 levels.
