BTC bullrun outlook Hello,
After a long time I publish a new idea.
This is my analysis from BTC from the last couple years.
In my opinion BTC still has to go parabolic.
+100k seems possible, let us not forget even 300k in the parabolic run is also possible.
When BTC will go parabolic I think it will only take around max 4 weeks till the crash.
All depends how long BTC will stay around 70k$ imo.
Correction of 85% like always? I doubt so.
Too much institutional money, people will buy in before bottom even gets reached.
What correction do I anticipate?
Depending how high we go, I expect to 100k a correction around 50% probably.
If we go higher (like 300k supposedly) I think 70% is still possible.
Eth and Alts will have bigger corrections, 80-95% for sure.
When will it go parabolic?
I think it all depends when BTC goes to 70K and how long it will stay there.
In my personal opinion I see the market still rally for couple of months.
THIS IS NO FINANCIAL ADVICE.
PLEASE DO YOUR OWN RESEARCH ALSO.
Any questions, feel free to post them
Btcbullish
Bitcoin sudden DUMPDo not worry, the $400 drop in bitcoin price might have seemed sudden. And although the hour candle closed below key support and resistance levels (which may be a bad sign), the price is only retracing and pulling back naturally and has successfully bounced off the 0.382 Fibonacci level, leaving much space for bullish momentum today, April 1st, 2021.
This is only published for educational purposes.
Thierry
BITCOIN Price CRASHES! WHAT NOW?In the last couple of hours, the price of bitcoin has quickly rallied down back to $58,000, at one point reaching $56,800, after not being able to break through a key resistance level that I have drawn using a Pitchfork.
The price quickly rallied up to $59,700 before crashing. This could have been caused for many reasons. It could have been caused by a very quick rise in price that caused the collapse, or a very big volume of bearish orders at that moment. The price has finally caught up and has gone back into previous key positions that allow us to determine its next moves better.
The drop might have been not too big, but amateur traders started selling off there assets too quickly after seeing a small drop in price.
Mind that the price never totally wen out of my graphs and actually bounced off a key support level. It has been retesting a specific Fibonacci level for hours now, but might make a slow rise back to the top starting from now.
This is the best example as to why you should not sell your assets so quickly.
The cycle will continue and BTC will rise back!
Thierry
This analysis is only for educational purposes.
BTCEUR - short term prediction - Weekly updateBTC stays bullish and confirm my prediction of last week. We are seeing higher highs and higher lows to signify a growth in the price even if not at the fast pace at which BTC have made us accustomed to in the last months. This almost sideways trading is good to create a strong support level in the range 41 to 43 thousands. the next resistance appear to be around 44/45K but should be easily achievable if the sell off have really stopped as it seems. overall the upward trend is continuing and we will see soon BTC at 50K EUR.
A touch at $42k then to a new ATH and beyondOn the BTC 4hr charts, it appears we have matured into a descending wedge with at least a rising wedge and a symmetrical triangle contained with. The 4hr time frame seems to be on track to extend the bullish hidden divergence further too.
With the Fib Retracements from the swing low of the last consolidation bottom and the all-time high, ironically, $42k is not just the target of the broken down symmetrical triangle but also the golden pocket on the Fib retracement. With this much confluence around the $42k, a bullish leaning descending wedge and bullish hidden divergences extending on the 4hr timeframes, surely it's only a matter of time before Bitcoin touches $42k and the bulls step back in and defend the previous all-time high of $42,000.
Expect to see a wick down and fast shot back to the upside, break out of the wedge to the upside, meet the technical target of the top of the wedge/ all-time high and rocket onwards...
Could this be the last pattern before we reach the promised land of $100k?
Guys yesterday I was talking with the mOon in person and it saidThat a 602 price taG is bitterly coming within days !!
Personally I wouldn't share another GOLDEN GIANT HIS MAJESTY THE BNB All TiMe KinG till it reaches my 602 busd/usdt/whatever stable coin price TaG ,,, is it clear for every one !!!!
Please ,, please , and again PLEASE DO NOT SELL A FRACTION OF BNB COIN !!! Whatever you've got 1000, 100, 10,1 or even 0.01 bnb DO NOT SELL THAT SHIT ,,,,, in stead you can accumulate more and more and diffinitelY moooooooore of this baby !!!
Personally I wouldn't be selling None of my bnbs' till 1263$ price TaG AS SHOWN ON A PREVIOUS Analysis on my trading view profile down below ! !! !!!
And t be honest with you I'm seeing astronomical bnb's tarGets ,,, like ,,,,, ^^ in the next episode ,, so be tuned and DO NOT SELL YOU BNB(s) ok ??????????? ^_^ you will think me later ,,, with a CrYPTo champagne ^_^ !!! God blesS you ALL AND HAaPy (trading) no !! no trading,, i meant HAPPY btc and BNB HoDEL (no holding) HODELING ! !! !!!!!!! ^_^
Both Paths Lead to $60kBitcoin has both a bearish and a bullish path, both of which inevitably lead to a $60k Bitcoin in the coming months. In the unlikely scenario that Bitcoin falls below the $30k support line, expect strong support at, or just under, $25k.
A dump to $25k would be a full 40% correction from its $42k all time high - par for the course and something we've seen Bitcoin do many times before - which is then often followed by a rally to new all time highs.
#bitcoin #btc #crypto
4h candle closes within the triangle.The triangle we all been looking at has shown to be very reliable for the last 10+ days. 1D, 4H and even 1h candles all closed within the triangle and bounced perfectly off the support of the triangle. We’re still bullish and I personally think we will go up from here to 50k.
BTC Exclusive Analyze By Crypto Master Daniyal DaraeiHi
please Like it before Reading ;)
Btc have good support on 21940$ and Fraudulent(Shekanande"in persian) Resistance on 24300$
Today we had SEC problem with ripple and this case made xrp too bearish, xrp are oversell right now and money flowing will happens too soon. (xrp to BTC) (pool haei k az xrp kharej shode be btc vared mishe "in persian )
And if bulls push the price over 24300 ,btc/usdt pair will reach too 26900-27100$ and it could be Final target for 2020 ;)
notice. we can see on RSI that Bulls have upper hand
on other hand
if btc/usdt pair turns down and break 21900 , pair could reach to 20k $ support line and on 19500$ bulls will aggressively defend the uptrend line.
in my opinion its too bullish and the bullish scenario are more valid ;)
good luck
BTC Dominance Idea Bullish Outlook 1 Day ChartIn this breakdown we see the descending scallops outlined in red with the twin rounded bottoms on a downtrend. The green represents the Ascending scallops and the estimated movements as we are seeing the trend reversal occur and begin the first of two rounded bottoms shapes that will comprise the whole of the first scallop in the uptrend. If this scenario plays out we will see levels not seen since 2017. As the scallops curve upwards we should see strong BTC movement to the upside. As we fall into the scallops rounded bottom we should see the alts get a much needed breather. In this idea its not hard to see how so many people believe we will see a 50k BTC. If you agree throw me a like and follow me for more charts and concepts.
Thanks for the support Much love
BTC (Y20.P5.E5).Macro. Maintaining the trend.BUTHi All,
If you were fortunate like me to recognise the signs on a big move, your flight to BTC or USD or combined would have paid off.
This time, I made the move, ditched most of my ALTs for High gains in BTC and after coming back from the gym, I was glad I made that move.
I did a post just before this one about the situation and my moves... I understand it takes trust and confidence to go with my suggestions, hopefully you will recognise my strategy and implement it yourself. Getting the BTC dominance right is a huge deal, it worked for me many times.
Moving on, here on the 8hrly, BTC is maintaining the trend and a nice bullish candle in the making.
Indicators are also showing a potential up move.
What is needed is the 8 hrly candle to close. We have a few hours to go so anything can happen.
I have posted the BTC or FTX BULLUSD token as I did buy some on that wick down and now i'm ahead.
I have my stop limits and if it ends up with a bullish candle, eg. no wick on the top side, I will buy with what little money I have (from ridding some of the ALts).
So in CONCLUSION:
======================================
We need the bullish candle close;
We need to see BTC dominance hold this level;
and we need to see the ALTs slightly drop more as it can be people flipping to BTC.
THE BEARISH NEWS:
======================================
We have onchain vs spot volume ratio indicating that we are weak\low and historically when this happened soon, price dropped significantly.
My thoughts, we might get another leg up in the 19400 to 19650 or so range and then it dumps.
This can be explained and likely as it approaches 20K, the psychological barrier.
So the onchain vs spot volume chart confirms or backs the thesis.
What do you think of this TA?
Please give me a like or tick for this post.
Thanks,
S.SAri