Hello, the situation of Bitcoin is not good at the moment (weakening of the power of buyers). It is very likely that Bitcoin will go down Thankful
expecting a multi year correction on CRYPTOCAP:BTC and all crypto
watch out for a sharp wave II between here and the halvings on CRYPTOCAP:BTC
Salutations, In the esoteric realm of Elliott Wave Theory, the fourth oscillation has a strong tendency to revisit the territory claimed by the previous degree fourth wave. When one applies this law to the labyrinthine chart of Bitcoin, an intriguing correlation emerges with a distinctive territory that lies between $3,000 and $6,000. This is no ordinary...
Fractals don't always repeat, but "rhyme" :D this is one of at least two potential scenarios... (look up chart and see what it did after 2013/14 dip: that would be the other scenario)
pullback incoming in my view, dip into area of 18-19k in few weeks Or it will go up
putting bet on this may curve up as a handle "ICT" go back to mid areas of 69k to grab some of that liquid up, looks wide, nor jack knifed, may take some time may not, this curve will be huge though. ;)
A very basic and simple - yet very telling - monthly log chart with a superimposed S-curve alongside simple trendlines of support and resistance seems to indicate Bitcoin may be preparing to retrace to the $3,500 range before we see anymore blue skies. Stay alert, set your stops and make sure you're taking profits when you can! Don't forget to pay yourself! Happy...
Pi Cycle Bottom Indicator, which is just a modified pair of moving averages, has just flashed a bottom, which is just another data-point to confirm my thesis that the bottom is likely in for this bear market. Does it mean we won't revisit the lows once more (17.6k)? No, anything is possible. In investing and trading all we have are probabilities. There are many...
imagine for a second that there was a massive bitcoin etf coming into the world soon, and you were a large institution. would you rather? A. buy btc for 60k B. buy btc for 25k ------------------ despite the recent price action, and despite all of the "news", a part of me still doesn't feel right about this rally. there's just something really ominous about it,...
Good afternoon peoples; Thought I'd share my macro outlook on Bitcoin with you all. This particular count has been one of the biggest challenges I've ever faced in these markets, but after a few years of experience - I feel I've finally tackled it. ----- To keep things real simple, the chart says it all. I think we're going to see 22k by around July, after...
I'm seeing this possibility of a triple top forming on corn... For longer term positions the interesting part is to try & build longs around or somewhat below 25k
Bitcoin projection over current decade towards 1.2 M
expecting a large sideways to down consolidation in korn! long of the lower channels devs and parabola supports.
wanted to share one more idea, this one here is quite simple. 👇 >btc gives us one more fake out to the upside, >a fake out to the downside, >then it squeezes up to 53k to complete the larger mean retracement. ---- -this scenario is a lot less probable than the few i've shared over the last few days. -i'm calling it an alternative scenario as it is the one...
We are in a very precarious spot that I think on longer time frames will lead to much bigger things not seen on this chart. I consider this place in time a pretty good "coin flip" , that basically has a big dependence on geopolitics, macro economic environment, etc. I'm thinking that we could still drop but I'm more or less neutral with an eye on QQQ as a...
is bitcoin going to tap this fib channel before blasting off? history shows a compelling pattern could come down to $25,000 or even a bit lower before the rocket fires off possibly