Btcbull
Most were sidelined for the first 143D & most will miss the nextTick tock, tick tock…
That’s the sound of the next 143 days counting down. Most were sidelined for the last 143, and most will miss it again. The chart needs no explanation—this is the last cycle before regulation finally stifles all opportunity for the working class to change their fortunes. Don’t sit on the sidelines wishing, ‘what if…
Where BTC's headed this bull run (next 12 months)The REAL bull run is almost upon us!
And as you can see BTC's forming a cup & handle pattern with a projected price of around the $124k mark.
Add in a FOMO blow off top & your looking at the $150k mark.
My belief is she'll all be done and dusted by Sep next year as long as there's no big economic downturn between now and then.
Chur
BTC - Incoming Pain Before Halving/ETF'sAnalysis:
- Support & Resistance
- Trend Line Analysis
- Liquidity Points
T1: Target 1
T2: Target 2
Opinion:
I was going to wait to post until the new year but price has enticed me to make my view known!
I believe December is going to end as a red month and the beginning of 2024 is going to be rough...
We may or may not get a retest to previous swing high but I have laid out my projection...
Again to be clear, I am okay if the timing is slightly off as I care more about the general direction and overall move...
Ask yourself, when have the big boys allowed the majority of retail to make money before any significant price changes?
We have the ETFs on the way and the Halving...
Do you really believe they will allow the majority of traders to ride the rocket ship up?
Or does it make more sense to drop price significantly before the halving and ETFs so they can liquidate a good amount of traders and scare away good buys?
Only time will tell but I have made my view known in advance...
I will update as price moves along and good luck bulls cause the bears are coming to town
I am still long term bullish overall but I do not believe the bull run has started nor will it start until after ETFs and halving!
BTC Warms The Winter !!Based on previous analysis and erroneous news that a Bitcoin futures fund was approved, the price was able to climb to the $30,000 range and then corrected.
Currently, the price between 28,000 and 29,000 dollars is forming liquidity.
The range that is the trend for 50 days is trying to break this level and can be considered as a sign of changing the structure of the market to an upward structure up to the range of $32,000.
If the price stabilizes between the declared ranges, we can expect an increase, but before that, we may have a short-term drop to the $27,000 area.
BTC UAV Spotted !!!While most traders and investors of the digital currency market decided to sell due to the possible decline in the future, there are signs of the end of the decline, which may change the structure of the market from bearish to bullish, and most likely after the speech. Pavel or sooner to see growth.
While on September 2, the news of the approval of ETF funds by the SEC will be published, and the debate of the US presidential candidates, which includes 5 Bitcoin fans, including DeSantis and Kennedy Jr., can be seen as signs of an increase leading to a structural change. The current market predicts an upward trend.
While the price is fluctuating upwards in the $26,000 range, it is hoped that Bitcoin will be able to push itself above the $27,200 area by the close of the weekly candle in 4 days and the monthly candle in 9 days, so that we can witness its growth to be higher points.
BTC longMACD shows a positive momentum for BTC on the 4H and Daily Timeframe as well.
We are expecting some days of consolidation, and a retest of the Support at 31k before the price moves above our triangle top resistance line to 34k
After we will move our SL to Entry or above to maintain profits and look for next resistance at 40k.
ETHBTC Breaks below Q1 2022 lows, May Slump to 0.057 BTCPast Performance of ETHBTC
BTC bulls have the upper hand over ETH prices as per the ETHBTC daily chart. BTC is trading at the highest point versus ETH in 2022 at spot rates following the close below 0.065 BTC on May 26. At this pace, BTC bulls are in control, and every attempt to retest 0.065 BTC may offer entries for Bitcoin bulls to double down.
#ETHBTC Technical Analysis
Technically, ETH is trailing Bitcoin. ETH is down 20 percent versus BTC in roughly two weeks, considering the formation in the daily chart. Following the break below Q1 2022 lows, the odds of more losses versus the resurgent BTC look likely. Notably, ETHBTC prices are trickling lower since the double bar pattern reversing the gains of May 10. The bullish bar of May 11 marked the beginning of another wave of liquidation pressure which saw BTC force prices below 0.065 BTC. BTC buyers may target October and July 2021 lows of around 0.060 BTC and 0.057 BTC, respectively.
What to Expect from #ETHBTC?
Bitcoin buyers are in control. Since the break below Q1 2022 lows has relatively high trading volumes, ETH could post more losses in the short term. In that case, ETH could drop another eight percent to July 2021 lows.
Resistance level to watch out for: 0.065 BTC
Support level to watch out for: 0.057 BTC
Disclaimer: Opinions expressed are not investment advice. Do your research.
BTCUSD might hit 45k soon.As we know we are in huge downtrend. If Bitcoin close huge green candle above 52k we are going to see bullrun. Current situation is as we can see BTC forming up channel and in that channel we can see Falling Wedge which considered as reversal pattern. If we break this consolidation pattern we can go up to 45k. If we can't break 45k we can see huge red candles in next month.
BTC: bearish RSI divergence + 50EMA retest + support retestBTC is now retesting the 1h support zone about 41.4k after today's uptrend
the price printed a little RSI bearish divergence but in my opinion priority is still bullish (hopefully)
i'm looking for a bounce here targeting around 43k: I'm not entering, as Im only trading breakouts, but this could be good news for the altcoins out there!
we're also currently smacking the 1h 50EMA, which has been a good level of support in the past
the RSI divergence was not printed on higher timeframes so I do not think it will impact the future price action too much
let me know what you think about this analysis in the comments and drop a like and follow if you enjoyed this!
BTC Wave-by-Wave Analysis 2: Bullish ScenarioThe recent pump of BTC from 37k to 44.2K is a clear sign of an impulsive wave, however, the internal counts of the said pump are not yet completed. I am projecting a 5th wave extension of the third wave 44.8K-46K zone which will also challenge the 45.8K horizontal support. When these zones are reached I am expecting a retracement of the completed 5th wave extension of the third wave that can go as low as 39.4-41.4K which is also supported by the volume going down. Invalidation of the 5th wave is at 37948 and will be confirmed when it goes down below 37K.
Although, I have chosen neutral here for I am only expecting a mini pump but in the higher timeframe, I am still bullish unless my technical analysis gets invalidated.
Interesting bullish pattern in btcI have noticed that bitcoin has a pattern that indicates when the price will go up. That pattern has been displayed 4 times and its currently happening. This pattern indicates an upward movement. I believe it will break the ATH and hit anywhere from 70k to 73k.
Remember to DYOR before buying or trading. And note this prediction may not be 100% accurate.
If bitcoin breaks below 58k then the idea has failed.
Bitcoin is approaching stage 4 of it's bullish journey!CHART OVERVIEW
*BTC/USDT - DAILY CHART - BINANCE
I've used a pitchfan to mark out support and resistance lines; as well as cyclic lines to mark out the different stages in what you could call an institutional accumulation or a Wyckoff Accumulation. I'll detail here what I expect in each stage. Of course I could be way off target so please do your own research.
Stage 1
DUMP AND ACCUMULATE - The value of Bitcoin is firmly established; Smart Money (SM) instigates massive FUD, strategic trading and enormous selling pressure to dump the price and then begins mopping up the cheap bitcoins.
Stage 2
RELEASE PRESSURE & INCREASE DEMAND - SM tests when is the right time to release the selling pressure and encourage the bulls to push the price up, the right time is when SM believe they have gained the maximum amount of bitcoin for the cheap prices on offer.
Stage 3
MINI SECOND DUMP AND ACCUMULATE - Exactly the same as Stage 1 but less intense and shorter in duration. SM Re-accumulates to gain more bitcoin at a new cheap price, once they have maxed out, they move on to the next stage.
Stage 4
PARABOLIC PUMP - The same high intensity and massive price acceleration as stage 1 but in the opposite direction (Up). SM Releases all sell pressure and joins the bulls in pushing the price as high as possible.
What do you guys think?
SIDE NOTES
*The cyclic notes indicate when certain stages may begin or finish but it may not be exactly on that date but rather marking a transitioning point to the next stage.
*Each stage SM monitors with high precision, the timing when to enter and exit each stage depends on supply and demand (S/D) factors, ultimately they want to temporarily manipulate these factors to buy discounts but manipulating the price for too long can potentially cause excess damage to S/D, causing significant loss of confidence and adverse price behaviour. The SM need to balance this skillfully and they do just that from centuries of practice .
*Disclaimer: NOT PROFESSIONAL ADVICE.
sol/usdhello
check my chart
first of all i am bullish on btc
so it is a reason to though that alt coins will rise too...
btw sol will do this movements...
take a look <3
Bitcoin , whats next if you remember my previous idea ( you can check it down below in related ideas ) , i said i expect fast recovery from 30k to 56k and then some correction , it was 0.7 fib level , even though it reached 53k , it wasnt fast enough and i think maybe the plan is diffrent for whales , we are on support and i expect some price increase but as you can see in my chart i think that bitcoin shows some weakness and may see 30ks one more time , if you know me you know that im a bull and if something like this happen ill consider it a chance to buy , ill change my idea if i see strong bouns from this support ( also supertrend ) you may ask what is orange zone , if it turns to support it will lead us to new ATH .
DYOR