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Btcbullrun

BTC - Future Projection SeriesIf you’ve read any of my previous “Future Projection” posts, skip down to the conclusion as these paragraphs are the same. During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me. At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that. Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle. The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series. The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7. Conclusion; At the time I drew this one the price was $60,200 First Projection $225,998 225,998 / 60,200 = 3.7 X Second Projection $421,087 421,087 / 60,200 = 7 X Not much more to say. My thoughts, not advice Oklah. Cheers
COINBASE:BTCUSD
by wildboar8
1
BTC - IMPORTANT UPDATE! BE CAREFUL!Hello everyone. I hope everyone is doing well. I'M SO GLAD to be able to share these ideas with you guys because I LOVE HELPING PEOPLE! I HAVE SEEN THIS SITUATION numerous times and yes, I HAVE been a victim of it as well with leveraged positions BUT NOW it's time to turn the tables and be prepared instead. Nobody knows what's going to happen exactly in the markets and the most we can to is analyze data from history and use it to get an edge and be prepared for future price action. With that said, I'd like to tell you that I expect the volatility to pick up here a bit. Not just for BTC, most of the market will be following a similar pattern here! This potential drop shown on the chart here has happened many times before. You can look back and see it happens a lot before bull runs or major upside movements. It's usually followed by either a strong bounce or accumulation at the bottom before pumping! Yo can see BTC is under the 20EMA (4hr) and also the MACD signal line has crossed below "0". There's also a potential H&S forming on the charts (although it is ugly) which is what I used to come up with the extreme low bounce area of 54k-55.5K however I PERSONALLY think there's only like a 20% chance it goes this low (DEPENDING ON WHAT EXCHANGE YOU'RE ON... BINANCE.US, KRAKEN, and a couple others BE EXTRA CAREFUL! JUST LOOK ON BINANCE.US EXCHANGE BTCUSD CHART AND YOU'LL UNDERSTAND WHAT I MEAN!!!) I THINK IT'S MORE PROBABLE THAT WE BOUNCE FROM THE 58K AREA but nobody knows for certain! IF YOU'RE A TRADER WITH A LONG POSITION RIGHT NOW, I WOULD BE VERY VERY CAREFUL and make sure you have all appropriate stop-loss orders in place to avoid liquidation! on the other hand, SHORTING THE MARKET HERE , although could be profitable, IS RISKY BECAUSE THIS COULD BE A VERY QUICK WICK type situation. PERSONALLY, WHAT I WOULD CONSIDER DOING (this is just me) is possibly placing a couple LONG positions at or around the 55K area with kind of a tight stop loss. It may or may not fill but that's ok we just want as little RISK AS POSSIBLE HERE! It's also possible we don't go that low and instead bounce around the 58K area. HONESTLY the preferred way to enter a long position in this situation would be to watch the charts very closely and frequently so you can MINIMIZE YOUR RISK! THIS IS ALL ABOUT MINIMIZING RISK, HOWEVER this type of situation CAN BE very profitable BUT IT'S VERY HARD, EVEN FOR EXPERIENCED TRADERS LIKE MYSELF to catch the bottom of a wick like this (ALTHOUGH I IMAGINE WE ALL DREAM OF DOING IT!) IF you're nor using leverage, you don't have to worry about liquidation but just be aware of what is likely coming IMO. THEY WANT YOU TO PANIC SELL YOUR BAGS TO THEM! They also want to trigger a "chain-reaction" of stop-loss orders which can create a VERY BIG WICK! ONCE AGAIN, BE CAREFUL! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ WITH ALL OF THAT SAID, ON A MACRO SCALE, I AM STILL VERY BULLISH ON BTC AND ALTCOINS. I DO BELIEVE THERE IS MUCH MORE UPSIDE TO COME SOON ENOUGH so if you're HODLING I wouldn't worry. The market sentiment is very bullish right now. ETHERIUM did a similar situation earlier this year where it broke its ATH before pulling back and then MASSIVE PUMP happened afterward. Just have patience and like I said If you're holding BTC or ALTS without leverage I DON'T THINK this is the time to sell and I THINK SELLING WOULD BE A MISTAKE MORE THAN LIKELY (although everyones situation is different depending on where they got in) *** I AM NOT A FINANCIAL ADVISOR! THIS IS JUSAT AN IDEA BASED OFF OF MY EXPERIENCE ANALYZING CHARTS AND TRADING CRYPTOCURRENCIES! ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING IN, OR TRADING ANYTHING!***
BITSTAMP:BTCUSD
by Mboersma0324
5
BTC correction on NEW HiGH or touching ATH ??CUP & HANDLE formation!! ...expectation as RSi on Bull has slowly recedes and Bear will take over right after that for a short term correction? NEW ATH? -range of new ATH before correction is possible based on volume for the last candle closing on 20 Oct 2021. Assume that within these few days start of this publishing date ( 20 Oct 2021) Bear will take over anytime soon! ATH? - will it start to correct right after meet up with ATH ( 12 May 2021 )
by ChristG11
BTC HOURLY LOOK THROUGH THE WEEKEND!I'll attach my previous BTC idea here as well because they go together, this one is just a little more zoomed in! I Personally don't expect a new ATH TODAY however we could see an attempt followed by a rejection! This idea would line up with weekend sideways action so no CME gaps are created on the futures charts! THIS PATTERN IS COMMON for BTC right before it breaks a resistance! It usually consists of "1 rejection, then bulls support and try again, usually second time is also a rejection, bulls support and THE THIRD TIME IS USUALLY THE BREAKOUT!" It would form an ascending triangle pattern WHICH IS VERY BULLISH! Either way I personally expect nothing lower than 58K as of now but if things somehow change I'll update! If you guys like my ideas PLEASE PLAESE "like" and "follow" me and PLEASE SHARE! I am grateful for all of my first followers and if you guys want to see specific chart just let me know! I will make for you as MY WAY OF SHOWING YOU MY APPRECIATION FOR YOU! IT REALLY HELPS ME TOWARDS A BIGGER GOAL OF MINE! *** LINK to previous supporting idea below ***
COINBASE:BTCUSD
by Mboersma0324
1
BTC BLASTOFF! HOW LONG BEFORE NEW ALL TIME HIGHS?Its a good day for BTC guys and IF BTC CONTINUES BLASTING OFF TODAY we could see a similar situation with alts as we did recently with them being in the red or just slowly creeping upwards! This is NORMAL when BTC REALLY PUMPS because traders are moving their money from altcoins, into BTC! THE ALTS WILL CATCH UP THOUGH when BTC IS DONE (most likely) The BTC bull market cycles have always worked this way and for a good reason. You see, The altcoins mostly depend on BTC's VALUATION to then determine their valuation. BTC is the main factor for them! This is why ALT SEASON always comes following the BTC BLAST and it is during this upcoming alt season where we will see the biggest gains for altcoins IMO! They DO SOMETIMES take turns on and off, back and forth and we could likely see this type of situation play out over the coming weeks as well! BTC however DOESN'T DEPEND on another coin for its valuation. It depends on what the people value it as based off of FUNDAMENTALS! This is a common question I am hearing lately so I wanted to explain that and hopefully everyone understands a little better! BTC Dominance chart is picking up here as we would assume based off what I just explained. If you're HODLING Alt-coins, HAVE NO FEAR because their turn IS COMING SOON. NO WORRIES! I DO ENCOURAGE EVERYONE TO JUST RESEARCH BITCOIN! UNDERSTAND AS MUCH AS POSSIBLE ABOUT WHAT IT IS! I still feel that there is an OVERWHELMING MAJORITY of people who have yet to understand cryptos FULL POTENTIAL and the AMAZING CHANGES that it is bringing to the whole world. Understand HOW it makes the whole world a better place! YOU WILL NOT BE DISSAPPOINTED DIVING INTO THIS RABBIT HOLE, BUT RATHAR, ADDICTED TO FINDING OUT MORE! I TRULY BELIEVE THAT! Hope everyone is good. Hope everyone has an amazing day and weekend!
BITSTAMP:BTCUSDLong
by Mboersma0324
8
BTC - A POTENTIALLY BIG MONTHLY CLOSEJust want to give a quick update for my followers! I've been busy around the house lately guys and to be honest, BTC's indecisiveness has been rather BORIING but it has provided a much needed break from the BTC Charts. I do however want to point out a couple things on the macro charts. BTC will be closing a monthly candle here in just over 18 hours. With the current stalemate between Bulls and Bears I feel that this close has the potential to provide some much needed momentum either way. Bulls seem to be holding the line very well here and on top of that, it seems that each bounce is getting stronger and stronger! IF SOMEHOW bulls can manage to turn this monthly candle green at close, I would say that may just give us what we need to continue upwards. A BEARISH ENGULFING CANDLE on the other hand would give the Bears more strength to push downward. It could play out as a quick wick or we could continue this slow downwards drag for some time... It would definitely create some more fear in the markets if you ask me and I just think we really want to avoid that situation. If it happens we may want to reevaluate. I've labeled 2 levels on the chart above. One for each scenario. We are about do for another big movement here soon from the looks of things so although BTC HAS BEEN BORING LATELY, I think now IS the time to keep a close eye on the situation, along with any "NEWS" events that may arise! It has been the so called "news" lately that is responsible for the major market movements so just keep an eye out for FUD. Maybe CHINA will Super-Ultra-Ban crypto 😂🤦‍♂️🤷‍♂️ or Maybe Elon Musk will get in one of his manic Twitter episodes 🤷‍♂️... Ahh it's a bit sad that I even have to mention those ideas and what's worse is , it not as much of a joke as I'd like it to be. What has this world come to? Remember that BTC and decentralized cryptocurrency was created FOR THE PEOPLE. It was created to cut out the middle man who takes 80% profit and throws you a bone! It better represents EQUALITY and EQUAL OPPORTUNITY. Let's keep an eye on the situation but I also would like to encourage EVERYONE to research more and more about cryptocurrency and blockchain technologies... The more I understand cryptocurrency, the more CONFIDENT I become that it IS THE FUTURE! BTC and CRYPTO may lose battles, BUT I TRULY BELIEVE we will WIN THE WAR! When ENOUGH people truly understand the potential benefits cryptocurrency brings to the world, we will be strong enough together to fight the FUD. Thanks for reading guys and as soon as the market leaves this indecisive state and I can give you guys more confident ideas I WILL have more content and trade ideas for you!
BITSTAMP:BTCUSD
by Mboersma0324
Btc bear flag, history repeating itselfHistory is repeating it self, btc is about to go down and this time below 44k, analyzed btc charts from 2012 until now, and the movement is same, but different price range. This time when btc falls below 200ma, it's not going cross up again. It might try for short time but it will fall again, The algorithm written for btc repeats it self, no matter what is happening, news come in after the movement, just to cover manipulations from btc bots and exchanges that make the movement and of course earn money for exchanges. I'm not talking about the delay that news can have, I'm talking about when something happens, not when published. It's understandable that news come out 30-60 minutes later. Technical are overheated, Rsi is in red zone for btc no volume at all and rise happens, which scares me, and tells me disaster is waiting to happen. Macd going into red zone A lot of sell pressure, which tells me whales are booking profits, and then they will send btc down, it's easily done by margin trading if you have volume. They will buy at lower prices. Below 30k zone to average out, and have a run to 100k. Nothing can be done, just be happy to buy lower I think this bull run is over, it doesn't have that strength like previous bull runs, it had the strength like previous relief rallies. Also btc jumping above 200ma and closing there, then falling below 200ma and closing there, and after above 200ma. It's same movement as relief rally, when ever real bull run happened it crossed 200ma and never closed below it again, to the point when bull run finished I'm coming out from long positions, not going to risk my money for a 1000$ change in btc. Not worse the risk. Climbing up is hard, but coming down is easy. You saw that yourself. When I was warning before that it will drop from 50k range. 48500 is good enough pull back in order to go more down and break resistance at 42k. You can see on order ladder or order book, there are practically no orders until that level to stop the fall. I wonder why whales don't put orders there, but only put big sell orders!? I will go short ith small margin until 37k, it big supply zone. It will jump up from there, then I will short it again Good luck and safe trading Not financial Advice, recheck my analysis and make a decision, I hope you make the right one
BITSTAMP:BTCUSDShort
by ergash1982
3
BTC to have bump up and down in sell off and then skyrocket!First of all, I believe BTC has ended the previous bull run although we're now going into an equally big one because BTC's about to have more major adoption in countries like El Salvador. BET#1 1st march - 13th may was head and shoulders pattern. 13th - 24th was regression trend 24th-8th june was triple bottom reversal and/or double bottom; probably the latter. The peaks during this period formed a downwards trend so the fib price retracement was quite suppressed and we didn't see the price going to the upper fib levels. BET#2: soon after I post this, as indicated by my orange arrows, up to 45k +/- 2k, back down to the support of about 40k and then bursting upwards. The other reason I'm quite confident in this bet is because this is also the time silver changes phases; which I believe is going to burst upwards! According to Keiser Report, the dollar is believed that it will not survive until August, which is why I believe gold, silver, BTC will go up and the fib time shows a major phase change at 1st July so I'm hopeful! To 100k and beyond! - Toy Story totally said that! If I'm wrong, I believe we'll go into a bear market for BTC, although XMR seems to be showing quite separate patterns so that doesn't mean BTC will end everything. Perhaps people will put their money into more useful assets. win loss counter: W3L4
BITSTAMP:BTCUSDLong
by LuisHoopla
massive inverse H&S on BTCThe correction may very well be over. Markets often bottom on bad news and it seems that bitcoin bottomed when China made its announcement of cracking down on mining. Ever since then BTCUSD has been on a gradual uptrend with lots of positive headlines and widespread adoption becoming more commonplace along with the past-due recognition that Bitcoin incentives renewable energy. Bitcoin empowers those that have been left behind by the traditional financial system. Waiting for confirmation of the trend with the neckline being broken. The pattern is very bullish & is accompanied by a bullish MACD cross and a pass of the test at 50 RSI. It has plenty of room to its 4H200 MA.
COINBASE:BTCUSDLong
by EBITDAtiger
4
Will the Bull Season Continue?Bitcoin made a serious correction, I'm glad. The price remained above the EMA50 over the week period. In this collapse, the price touched its upward trend; March 2020, October 2020 and May 2021. The price came in an uptrend 7 months apart. With this logic, it will rise towards the end of the year and will seek support from the rising trend again in December. If the bull season ends, I think it may be the result of the upward trend break at the end of the year. The price is currently around $36000 and moving up. There is significant resistance at $ 40,500. It would be nice if it closes above $ 40,500 weekly. Then we will continue with $50,000, $59,000, $70,000, $89,000 and $122,000. My Bitcoin target is 122,000 dollars at the end of the year.
Long
by KriptoneumAnaliz
🚀No Free LunchDid you hate the market crash this week? Don't blame Elon, either China or JPMorgan. The market was overheated, and newcomers needed to learn the most important lesson of investing. Nothing comes easy, and there is no free lunch. Those who survived this sharp price drop carefully managed their risk, maybe with a stop loss in place. But the best tip to get by the volatility of the market is to stay focused and stick with your original plan. Looking at the past for similar patterns may also be helpful. History never repeats but often rhymes. Bitcoin went through the same path last year, between July and September (shown at the bottom of the chart). A long sideways market anticipated a severe price correction that led to another month of price consolidation before picking up again with higher confidence. Patterns like these show clearly how the demand and supply of an asset redistribute around key levels. As a reminder, once Bitcoin broke above the previous high at $12,000, its price skyrocketed 250% in three months. If the same scenario unfolds, Altcoin may have a further upside for a while before Bitcoin gathers investors' and traders' full attention. Remember to manage the risk carefully until more signs of strength show up. A missed profit is worth more than a realized loss!
Long
by Coinrule
3
BTC/USD Looking beautiful!?I'm still bullish on BTC and I think we are only halfway done with this bull run, and I believe still a couple months to go before Bear Market. BTC looking beautiful on the Weekly chart here. Retracing IMO and possibly could go down some more but we will see. I think the next target is in the 70k range, then who knows if it goes parabolic. Don't think we will see higher than 120k this year but hopefully 100! Please like and follow and drop some comments of your thoughts on BTC and where we are headed!
BITSTAMP:BTCUSDLong
by Cosmicbag
Most Simple Correlation That Says it All BTC Weekly/ 21ema/ RSIas most of us know or can easily find out/ validate the btc weekly chart and its relation to the 21 period ema has been the most simple yet accurate indication wether BTC is in a bull mkt as it bounces off it as support or the end of a bull mkt is near as it loses support on teh 21ema and fails to recapture it.. conversely it works in opposite ways with the bear mkts... anyways if you look at the weekly RSI youll see that at roughly 50ish if u draw a line youll notice it is touched and reversed numerous times from both ways... ex) V shaped or A shaped reactions where the apex hits the 50 line... after drawing this and seeing it so clearly i couldnt help but backtest and what has held to be true going back to '15 n prly earlier (didnt feel need to check further back). during a bull mkt there is massive correlation with BTC weekly candles that pull back touching the 21 ema n bouncing AND the rsi V shaped with its apex on the 50ish line... damn near every time.. conversly in a bear mkt when the candle tries to go up thru the 21 ema but gets rejected the rsi is making a A shaped reversal with the apex at the 50 line these correlations hold true until the 21ema as support is broken and bear mkt starts n vis versa.. well today btc threw down a almost 10k daily candle (high to low) and on the weekly candle that meant TOUCHING THE 21 EMA and wouldnt ya know it the Rsi is sloped down right about at the 50 line... given all we know about this bull mkt its hard to believe we put in this bull mkt's top so IMO its more likely we see a bounce in order to prevent a minimum couple month btc correction. not sayyibg thats not possible as the monthly chart looks top ish + vol been falling off month to month along wis rsi as price climbed indicating bear divergence and the curve on the weekly chart plotted from recent cycle tops shows resistance being in the mid 60k region.. time will tell. if ya found this useful drop a like/comment if i see im providing something to yall ill start posting more my spelling is dogshit.. i rush / idc no point of telling me
BITSTAMP:BTCUSD
by St_710
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
INDEX:BTCUSD
by lolski006
BTC EPIC MOMENT - ABOVE THE RETRACE AREA SINCE 2017Hello, as usual BTC likes to behave contrarily to what indicators. This move came unexpectedly but not unpredictably. This is why technical indicators are not the best way to "predict" (as everybody uses the same ones) and they have t be accompanied by fundamental analysis. But allow me to highlight the fact that BTC, for the first time from 2017, is ABOVE the retracement area of the ride from 500$ (Aug 16) to 20k of December 2017. Actually the price went above in June 2019 but was rejected the day after. This is why this week is crucial: we need to stay and close the week above the 12450 level. 6 months after halving, the next bull run seems closer :)
GEMINI:BTCUSDLong
by edutradinguru
1
BTC BREAKOUT OR FAKEOUT?Is amazing to see BTC finally manage to enter the red zone, BTC has been in front of the doorstep three-time( 26/10/2019, 11/02/2020, and 01/06/2020) and unfortunately, BTC backed away. And I just missed the chance to long BTC, and on a dilemma to take any trade on BTC. I am still skeptical the BTC will passthrough this red zone and reach another high. Why? Because: 1. The volume of BTC breaking the Triangle Pattern is so low ( it could be a potential Fakeout) 2. The MACD, although we have a crossover, look at how weak it is. 3. The RSI, if we are on the Overbought zone I would be glad because it indicating the trend is strong. 4. There is no best support to put on. Thus, I would pass the current opportunity to take any entry, I would rather wait for it pass through this red zone taking entry around 11,4k. IF BTC goes close above the red zone we could put SL on 10k which is the optimal support for the current potential bull run. We could short on the current price, right? Nah I pass too. Is tempting but is really really risky, I don't see signs of exhaustion from the bull yet, the bull run is still legit, and taking short is just like standing in front of a rampage, waiting to be killed. Shorter be patient, be careful of a rampage.
COINBASE:BTCUSD
by RX_Wolf