BTC Wyckoff accumulation phase before new Rally ! BTCUSD BTCUSDTHi dear community and the best followers. I hope you are fine. I appreciate your support, likes and comments.
Today I'm looking at 3d chart of BTCUSD. As you know since 18 June 2022, I have been posting BTC bottomed and it is preparing for new Rally /new ATH/ before new recession and Fed Pivot starts. I expect new ATH by Q2-Q3 in 2023. If you check my other analyses bellow related ideas, you will understand why I think so.
So as you see, I have drown BTC Wyckoff accumulation phase and think when BTC broke 28-30K one of the major support zone/Preliminary support/and dumped to 17.5K in June 2022, that was selling climax with huge increasing volume + smart money huge buy, that point I called the real bottom of BTC bear market based on my analyses and history data/you can check them bellow/. Then BTC did automatic rally, and dropped again to the same support zone making secondary test. The recent dump which I called fake breakdown/bear trap/ with double bottom+ RSI bullish divergence is a spring of Wyckoff phase like 2021 November top, which was a fake breakout/ bull trap/ with double top+ RSI bear divergence. At the moment I expect test of 16-16.5K then pump to 18.5-19K then 21-22K > 24-26K > 28-30K but of course with pullbacks making HH and HL.
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Btcbottom
Don't miss the greatest buying opportunity. When BTC bottom? Dear community and my faithful followers, if you want to make life-changing decisions and become super rich don't wait lower prices.
It isn't financial advise but I don't want you to make the same mistakes I made some years ago and don't miss the best buying opportunities.
Otherwise you will blame and slap yourselves couple months later not buying #BTC and #altcoin at current levels.
As I mentioned many times in my previous analyses #BTC bottomed at 17.5K in June 2022 and the recent dump to 15.5K is a fake breakdown/ bear trap/ with double bottom like 2021 November top which was a bull trap/ fake breakout/ with double top. My worst case scenario is 13.7-14K but I expect new rally from this point.
As you see on my chart, green rectangles are accumulation zones. Best buying opportunities happens when price moves inside green rectangle and 1st indicator flashes green dot penetrating in a green zone and 2d indicator flashes vertical green line and blue line appears in 25-30 zone. It happened 3 times in the whole BTC history.
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Fly BTC! My body is ready!I excluded a lot of details on this BTC chart to get back to basics and drew only long-term trendline.
There are a lot of other signs of BTC bottoming or very close:
1. BULL DIV RSI
2. BULL DIVS MACD
3. FEAR INDEX - EXTREME FEAR LAST WEEK
4. WHOLE MARKET UBER BEARSIH
5. PITCHFORK 2 EXTENSION SUPPORT
6. BTC CREATED A HIGHER HIGH ON A SMALLER TIME FRAMES.
7. DAILY ICHIMOKU ABOVE THE CLOUD
8. ...
Bitcoin levels - where bear markets ALWAYS bottom$BTC has been breaking through every support in this bear market, now we have FTX contagion and the question is where will we bottom?
Going back in time to previous bear markets ive noticed the "final trend". Drawn in black, this is where bitcoin has consistently found its bottom at 1,8k in 2017, 3,1k in 2018 and 3,8k in 2020.
At time of writing that final stand point sits at 7,5k in 2022...
Currently hovering at 16k as possible support, lower supports range from 9,5k to 14k before the final trend is in sight.
A loss of that trend would be absolutely deadly, do you think we can go low enough to revisit it? I hope not, if it however means that we start a new cycle, then lets just get it over and done with.
Let me know your thoughts on the TA below.
BTC magic indicator which shows the bottom & new bull run startHi dear community and my loyal followers. Couple weeks and months later you will understand why I think the real bottom was at 17.5K in June.
I'm looking at weekly timeframe and would like to show you this magic indicator which marks the real bottom of BTC and bull run start.
This magic indicator went below -10 3 times in BTC whole history, They are bear markets. When orange line crosses above blue line the bottom was already in and when blue line goes above -10 bull run starts and BTC price breaks the major diagonal resistance trendline.
I'm sure BTC real bottom was at 17.5K in June and the recent dump is a fake break down/ bear trap/ with double bottom like 2021 November top /69K/ which was a fake break out/ bull trap/ with double top.
BTW BTC price never reached to red channel)) in its whole history. The current value of it is 14.2K.
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HAS BTC BOTTOMED?Sentiment exactly the same as in 2018 when BTC dropped from $6000 to $3000. Everyone was expecting lower prices, sentiment was very negative, and the fear factor was at extreme fear. Same as this year.
That is exactly what institutions want you to think, and force you to sell so they can buy BTC at lower prices. These conditions are perfect for a bottom at 78,6 retrace from the previous high.
Fractal is very similar although there is one thing that is a bit of scale. ABC drop (capitulation) could be over, but when you are looking the fractal on a bigger time frame as daily, you can compare these fractals and see that ABC from this drop is significantly smaller. so that could be a fractal inside the fractal, meaning that we could still be in ABC, but BTC haven't finished C wave to the downside and maybe C is only starting, and we could see one more wave down.
BTC !!! the biggest descending broadening wedge patternHi dear community and my lovely followers. I posted BTC bullish megaphone chart pattern in my previous analysis and now I would like to bring your attention to this weekly descending broadening wedge bullish chart pattern. As you now BTC loves triangles and wedges)) Look how many descending broadening wedges had been broken since 2018)) but the recent is the biggest. Later when this broadening wedge will be broken I will post about the targets.
The bellow ideas are from my previous analysis coz the circumstances and the situation are the same.
I think the recent dump to 15.5K is a fake breakdown/bear trap/ with double bottom + RSI bullish divergence like 2021 November top, which was a false breakout/bull trap/ with double top+ RSI bear div .
So I think the real bottom was at 17.5K in June like the real top in 2021 April.
I'm considering that BTC has succeeded to break RSI diagonal trendline and now It is making a retest, I think it will hold and send BTC to 28-30K. On chart you can find my explanation why I think RSI diagonal resistance has broken.
BTC bullish megaphone pattern with double bottom +RSI breakoutHi dear community. I'm looking at weekly timeframe. As you see there is a huge megaphone bullish chart pattern on BTC chart, its target I published on my previous analyses.
I think the recent dump to 15.5K is a fake breakdown/bear trap/ with double bottom + RSI bullish divergence like 2021 November top, which was a false breakout/bull trap/ with double top+ RSI bear div.
So I think the real bottom was at 17.5K in June like the real top in 2021 April.
I'm considering that BTC has succeeded to break RSI diagonal trendline and now It is making a retest, I think it will hold and send BTC to 28-30K. On chart you can find my explanation why I think RSI diagonal resistance has broken.
BTC !! Fantastic & life-changing opportunity or lower pricesI'm looking at 30D chart adding 2 customized indicators which show amazing history data)):
Red columns on first indicator show BTC bottoming process in a bear market and when green color flashes after red new uptrend / bull run starts/.
When green columns appears on 2d indicator it means BTC has already bottomed and when white color follows green column, it marks a new uptrend/bull run/ start.
Be smart and make life-changing decisions.
Don't miss such kind of fantastic opportunity.
To tell the truth I don't expect lower prices.
Based on my analyses new uptrend starts in December 2022:
My worst case scenario is 13.7-14K - 25-30% probability and new uptrend from this point with double bottom 70-75% probability.
People think BTC broke 17.5-18.5K support and expect lower prices, But I think this is one of the biggest bear traps/fake break down/ in BTC history and expect lower prices like 12-14K or even lower 8-10K.
But BTC will surprise everybody like it did in 2021 November when everybody expected 100K + $ BTC, now when everyone is waiting lower prices BTC will pump with double bottom pattern as it dumped from 69K making double top.
If you like my ideas , don't forget to follow me please. I will appreciate a lot.
BTC! Where is a real Bottom of BTC bear market?I'm looking at weekly timeframe of BTC chart. I'm comparing 2021 Bull market top with 2022 bear market bottom.
Call me crazy but I think a real bottom of BTC bear market was in June 2022/at 17.5K/ as BTC real top of Bull run was in April 2021/at 65K/
Nov 2022 bottom is a bear trap and fake break down like Nov 2021 top which was bull trap and fake break out.
I incline to think BTC bottom was at 17.5K on 18.06.2022 as I mentioned in my previous analyses coz I trust all my previous and current analyses , all history data, super powerful indicators which flashed BTC bottom only 3 times in BTC whole history and more than 20 powerful charts and analyses I have done since June 2022.
BTC !!! Best buying opportunities and accumulation zones!!I'm looking at weekly timeframe and want to show you best buying opportunities and accumulation zones of BTC in its whole history.
When 1st indicator flashes green color and orange line of the 2d indicator below 0 line its is the best and historical buying opportunity of BITCOIN.
And when orange line of the 2d indicator leaves the station /green zone/, it means accumulation phase is over and bull market starts.
If you like my ideas, analyses, don't forget to follow me. I will appreciate a lot.
BTC bottom and bull run start!! Magic indicators!!I'm looking at weekly timeframe. I added 2 magic indicators which predicted exact BTC bottom and bull run start 3 times in the whole history of BTC.
As you see, when 2d indicator flashes orange color it marks BTC bottom and 1st indicator's bullish cross marks Bull run start with main trendline breakout.
I expect that major diagonal trendline to be broken in late November and early December 2022.
This is my another analysis based on history data which proves my previous analyses about BTC bottom I published since June 2022 are accurate till now.
As you remember I published BTC bottom was in at 17.5K on 18.06.2022 and later added more than 12 charts which proves BTC has already bottomed.
You can check all my analyses about BTC bottom bellow related ideas and if you like my ideas , don't forget to like and follow me please.
BTC will surprise everybody!! As I mentioned in my previous analyses BTC bottom was in and I posted about it on the same day when BTC dumped to 17.5K on 18.06.2022. You can find all my BTC bottom analyses on the bellow link related ideas.
I would like to warn all bears who expect lower prices and they are waiting much lower prices to buy. NFA but don't miss such kind of opportunity, all history data show BTC will surprise everybody and pump in a crazy way. On my published chart you can clearly see these 2 magic indicators. When 1st one flashes dark red histogram bull run started or at least BTC pumped significantly and when 2-d one flashes green histogram bottom was in.
$BTC #BTC #BITCOIN #ELLIOTTWAVE Until Bottom.This is my most precious count I've ever came across. Hence final primary or whatever.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
BTSUSDT - is btc going to crash again??We can expect dump again on BTC as you can see a Decending Triangle formation on 1D interval. The support zone of this pattern is around at 18200 to 18500.
in my POV if btc don't managed to hold this support and unfortunately broked than we can easily expect 12500 levels. Don't jump blindly on this trade wait for breaking of support and after plan your trades accordingly.
Note: if BTC managed to hold this support zone of 18200 to 18500 for atleast 14 days than ignore this setup.