BTC/USDT 1HOUR UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart .
I think BTC can go to 52k from here but when there is a break from bear then then a 46 k or I think 43k can come once BTC
Sorry for my English it is not my native languages.
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Btcforecast
BTC/USDT 1HOUR UPDATEWelcome to this quick BTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
good morning btc current update as I said in the previous chart so far btc channel is moving as we are not able to take altcoin trades yet as btc is not thawed yet you guys know it's still trading Won't!
I am sorry that I am not able to give any business to you people will try to establish the right and profitable business as soon as possible
I think guys know it's not okay to do business right now
Who will I update as soon as there is any good news in the market!
stay with us
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BTC in the timeframe dailyHello Everyone
Take back the long shadow
And fill the price GAP (Retesting)...
Support in the range of 40 to 42 thousand dollars
And breaking the downtrend line
And climb :)
But for now, everything depends on the performance of bitcoin whales. Be sure to check the data on chain
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.If you have any questions, you can write it in comments below, and I will answer them
And please don't forget to support this idea with your like and follow, thank you...
BTC/USDT 30M UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
BTC/USDT Analysis As long as BTC stays inside the green channel we can assume that BTC can look better from here but if BTC breaks the green channel its last support could be $45K $42k!
We expect btc to bounce from here
People say that BTC can go to 42k and 28k
from here. But nothing will come:
When there is some news like this in the market, then there is a chance for the market to bounce from here.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
UPDATED: Solana Future Pivots This is an add-on to my previous Solana chart you can find in my profile. The only difference with this one is that it has the next 4-5 days (12-8-21 through 12-14-21 super dialed in)
The accuracy on some of these lines goes down to the 5 minute level.... I'm expecting a significant kick off in price action within the next couple of hours.
I can't tell you which direction the price is going to go in, but I can stand by most of these vertical lines. I continue to refine the method I'm using and so there is still some experimental stuff on this, hence the different colors and different sizes of the verticals....in general, the larger the line, or more it stands out on the chart, the more significant I expect the move to be. The small orange lines (Edit: Hmm they look kind of red actually) are quite new and I'm testing them from a dialed in accuracy point of view....hence, you'll see those lines near other ones I created and posted in the original chart....the deep purple lines are new as well.
Anyway, this should provide a play by play over the following days even weeks ahead although there is more work to be done.
I will continue to update these until I can post with more confidence the significance of the various verticals you see.
Enjoy and trade safe! This is just an experiment not financial advice.
If you like, feel free to follow to see updates as they come. I plan on doing this for many charts over the coming months.
BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart .
BTC/USDT price I think bitcoin is showing a resistance of 52k from where it can come back under the breaker
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
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Bitcoin - value of S2F model and TA on 1MMany bitcoin investors believe in the S2F (Stock to Flow) model and expect bitcoin to rise to 100,000+ USD any time soon. The model advocates that an asset has a production/supply limit, for example, like gold and silver and therefore, in the long run, such an asset will only grow in value. This is all true!
Hard asset
Bitcoin has a limited supply of 21 million. This makes it a hard currency, so by 2040 one can expect it to be worth 1 million USD per unit. By that time, Bitcoin will mainly be used as a banking transactions' instrument, while for investment purposes a new fork will be created most likely.
What's the buzz?
If you are a long term investor and time is on your hands, then simply wait another 15-20 years and you'll collect your jackpot. However, if you are a trader on 1D, then you should take into account that bitcoin is a high-risk asset due to its volatility, it runs in cycles that are determined by macroeconomic factors and its drop to 10,000-7,000 USD is more than real. If in doubt, then take a look at US Binance on October 21, where the price of bitcoin fell by 87% from 65,000 USD to 8,200 USD within a minute.
It's important to remember that the cost of bitcoin is primarily the cost of electricity used for mining + the cost of its farm's infrastracture. For large industrial farms, such as Poolin, Bitmain, Crypto Scientific etc. that make up the main share market - the cost per bitcoin is around 3000-5000 USD. Everything else is mere speculation and the belief in hard asset. So ask yourself - under what circumstances can the price of bitcoin fall in the S2F model?
A simple example of a cycle
Take any famous artist. During his life, he can create only a certain number of paintings. The price of a painting grows progressively as the artist becomes more famous and demand for his work increases. This is a S2F model. A painting's cost bottom remains unchanged - it includes the canvas, paints for drawing and the time it takes to create the masterpiece. All of a sudden a global war arrives. There is misery and hunger! This is a cycle. During this period, an artist's painting loses its value and is sold for a loaf of bread.
Recession
In this insance, bitcoin's war is a global recession that has already begun. This is confirmed by US bonds' price inversion. As in the last 9 recession cycles over the last 60 years such course was always followed by a market crash. Based on previous cycles, the recovery of the US economy took an average of 9-16 months. Hence, we are looking into 2023 at least before any further growth!
TA on 1M
The blue curve is now flat at the top. The upward blue trendline was broken back in November 2018. In June 2021, the price exited the green wedge and bounced off it in October 2021. Two days ago the price broke through the second pink wedge, so far only as a shadow, but it is only the beginning of the month. RSI has a clear price divergence. MACD is at the peak of a rising wedge. RVI has broken through 50. Vertical volumes keep falling while price rises.
BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart .
BTC /USDT price is Will still go UP
I thing the price cam pump fore here .
if its breaks green zone then the chart will be invalid.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
thank you ..
Altseason on the Horizon!!Bitcoin dominance is once again falling after what looked like a possible reversal to the upside of this descending channel, i predicted that we would see a push up to the top of the channel before then bouncing off and continuing the downtrend. We are looking very good as far as the altcoins are concerned, everytime BTC dominance falls the altcoins get a boost and in my opinion we are not even close to the full blown altseason i have been talking about, honestly due to the fact that in the 2018 altseason peak we had a BTC dominance of aprx 35% and as you guys can see we are very far off that number, another great reason is because of the shear growth of crypto and altcoins in general, back in 2018 is was pretty rare for people to be involved in crypto and if they were it was likely in Bitcoin, the growth and adoption of both BTC and all the altcoins has done tremendous numbers and just based of that there is good reason to believe that this altseason will be the largest in history. Lets take a look at some key indicators, the first is the EMA Ribbons, this indicator is a slow mover and shows the strength and momentum of the bears and bulls, and in this case where our red ribbons are ontop of the green we are measuring the bears momentum. This indicator has not even come close to its full effect we are just getting going, that is due to the fact that the ribbons are still very compressed together and the more and more they spread out the bigger the momentum is. If you go back on the charts and even look at the bullish cycles of this indicator you will notice that the ribbons are not even close to being fully spread out, and when they do reach the stage of max spread the gains or losses are absolutely huge, this is a great tool to keep an eye on to judge the strength and power of the current cycle and have a good guess of where we currently are and where we can end up. The RSI is on here because it shows us exactly where we are in a trend stance, below the midline we are in a confirmed downtrend and the opposite is true for above the midline. So confirmed downtrend that is constantly holding on our BTC dominance means big gains and explosive moves for the altcoins, and the longer we hold this the faster altseason will come. Before we get into our last indicator we have some important levels to talk about, first off being the descending channel, we just had a close underneath the bottom of this channel and this ultimately turns this level into resistance which is great for the altcoins. Just above here we have resistance at 41.22% and 41.57% which are both decently strong levels, then of course we have the top of the descending channel and then heavy resistance at the 42% level, overall this makes a climb back up a lot more tough and highly likely that we wont see an uptrend for quite awhile. Now our next must break support level is the 40.50% level and i personally this might take a couple trys just because we have barely seen action here at all recently, 1 time recently but then not since awhile back. Now the ADX, we have seen a strong downswing here on this indicator and what this basically shows us is the average direction of price action and many people might of thought we have bottomed out here recently with a little curl upwards but it seems we are getting back to the norm with the ADX moving sideways and slightly downwards! Not financial advice just my opinion!