Btcprediction
A bit of hope for BTC bulls!Hey guys, how's everyone? I tried posting some charts for you guys a while back only to find out that they were "hidden" from you guys for "violating the house rules"
So I'm going to keep this one short as the chart is self explanatory.
What I did here was mark the BTC halving events on the chart and also the bull market top that followed! If you've noticed, each year the bull market cycles have lasted longer with diminishing returns.(this is an idea I've mentioned in many of my previous charts) This makes sense because as BTC's price increases, naturally more and more buying volume is required to further increase the price. That's why the logarithmic chart curves the way it does.
So with those ideas in mind you see the 2013 bull market top was about 364 days since the halving event where it started.
The 2017 bull market top was about 518 days since the halving event where it started. According to my math, this represents a 42.3% increase in time. (my math is on the chart for you to do yourself if you'd like)
If this continues, we could figure out what is 42% of 518(the number of days from 2017 halving until the top), which is 217.5 (according to my math) So if we add 217.5 days to 518 days we get a total of 735.5days.
So if this bull market which started in 2020 also sees an approximately 42% increase in length compared to the previous one (which was 518 days) then we could expect to see the top somewhere around 735 days from the last halving event.
On the chart you can see the last halving event was on May 11, 2020. 735 days after this event = MAY 16th, 2022
As I've written on the chart, I PERSONALLY DO NOT think this idea will play out, however it definitely IS something to keep in mind, especially if BTC just starts pumping out of nowhere really soon. I Personally think this market cycle double-topped and we are in a bear market now. I'd be looking to accumulate later this year (past August) or even in 2023 as the next halving event is not until March of 2024.
What do you guys think about this? Please LIKE, SHARE, and FOLLOW me if you like my analysis.
A highly plausible scenario for BTC as the leader of the marketSince there are no vivid signals that imply an imminent super bullish market, we should not expect a dramatic rise in the prices. Although US and Europe are experiencing unprecedented inflation rates and disproportionate interest rates, which apparently can cause the market to grow as well, the governmental 10 years bond yields of US, Britain, Canada and others are implying a mid-term contractionary policy of central banks. According to these facts, the possibility of mid-term fall in market outweighs any incremental scenario above 52,000 $.
In a bearish situation, Market requires a trustable support area to bounce back. I, as a non-smart money, would love to believe the support area is the one which is publicly known, which is 29,000$ to 30,000$. However, Smart money usually behave quite opposite of normal people's imagination and surprisingly surprise all. Plus, we have an unfilled gap in BTC CME (BTC1) at 23,500 $ which sooner or later has to be filled. That's why a retest of 23,500 $ is not impossible at all.
On the whole, since there are no certainty in financial markets analyses, which by the way this one is no exception, It's totally possible that due to unpredictable factors such as side effects of Russia-Ukraine war or Covid-19 stuff, non of this analyze or just a fraction of it would come true. Therefore for smarter people there is no rush. The more the total market cap decreases the more we accumulate.
be smarter and patient.
BTCUSD LONG - SUPPLY ISSUEThe overall supply of Bitcoin BTC/USD on crypto exchanges has dropped to its lowest level in almost three years, according to Blockchain analytics firm Sentiment.
The ratio of supply on exchanges for #Bitcoin continues to fall, reaching its lowest level since December 2018. When compared to just two months ago, there are 13.5 percent fewer $BTC on these exchange wallets, accounting for 1.6 percent of the total supply.
Bitcoin's total supply on crypto exchanges was only 10.25 percent of its entire quantity, or 1,946,069.41 BTC, as of March 17.
Santiment further points out that the current BTC price jump was driven by a cascade of short sellers liquidating their positions as Bitcoin's value increased, resulting in a short squeeze.
The climb of Bitcoin to $42.3k today was aided by a slew of short liquidations. Funding rates are still a wonderful way to assess how traders are placing their bets and if they're willing to put their money where their mouth is.
Follow for more btc analysis and insights.
$BTC Bullish after potential breakout and re-testBTC Successfully retested its previously broken trendline on the 12H timeframe. I expect BTC to try for 52K to 55K within a matter of weeks. Powerful reversal bar touching the now broken trendline is bullish IMO.
Both RSI and CM William Vix indicate potential reversals in the market near support zones serving as a signal for potential predicting a market continuation or reversal
*Disclaimer - I do not own or trade BTC personally. I do trade BTC related stocks and alt-coins. This is only my opinion based on technicals I see.
$SOS Bullish despite recent news SOS recently had an offering, so i get it if you are done with the company. However, when trading with technicals , it is best to avoid focusing on fundamentals and feelings about a certain stock. I see SOS currently in a huge buy zone around $.50. RSI is currently approaching a similar level when SOS ran last year. CM Williams VIX also indicates a change in buyer sentiment, which combined with a strong support zone, can help us determine when SOS may begin to reverse within this buy zone.
*Disclaimer - I do not own or trade BTC personally. I do trade BTC related stocks and alt-coins. This is only my opinion based on technicals I see.
My Prediction On ETH / USDT Timeframe 4HDisclaimer On !
I want To tell you about My Prediction on ETH USDT in 4H Timeframe
I see ETH USDT build Symetrical Triangle Chart Pattern In 4H Timeframe
i Have 2 plan for this condition :
Bullish : i see this ETH USDT Reject On Strong Support 2.576 and the confirmation candle is DOJI , If next Candle he Break on 2.650 GO BUY IT! and you can TP on 2.900 - 2.905 and wait to retest
Bearish : In this condition If he Break on Strong Support on 2.450 , wait the retest on 2.515 and go Short Selling and TP on 2.160 ( If you Play Futures )
This is My plan about ETH USDT , I hope We can Sharing On Commentar Collums if you have any ideas About ETH USDT Or any Market Like BTC USDT
BTC - Important update! Caution ahead.Hey guys. I hope everyone is doing well. I'm sorry, I'm going to keep this one rather short, but instead of just posting it to Twitter as a quick update, I wanted to post it for everyone on TradingView as well. I know It's the weekend and on the weekend BTC USUALLY goes sideways. I personally see a drop coming potentially back down to the 36.5K - 37.5K area before LIKELY going back up. We still may go sideways throughout the weekend and this drop could happen early next week. It could also happen this weekend, creating a CME gap and honestly that would be better than it dropping early next week. It may not even happen at all BUT PERSONALLY, I believe there's a better chance that it does happen AS OF NOW.
ALSO I'd like to note that WE CAN go just a bit higher before this plays out, say up to 43K
On the Hourly chart you can see BTC is overbought on the RSI and we see 2 wicks so far. Potential for 1 more wick and a drop is very much there. If the situation turns into a stronger looking bull flag, I will update this IDEA as soon as I can.
BTC is overbought even up to the 4HR timeframes and a pullback from here to the 0.5-0.382 levels on the chart I think is somewhat of a likely possibility. It would create a bullish "W" pattern that is usually seen during these times in the market right before BTC starts moving up higher.
See chart for details.
Once again, sorry for keeping this short BUT I WILL keep updating this IDEA as necessary and as I can of course. I hope everyone is doing well and if you guys have been watching my analysis's lately especially the BTC "WOLFE WAVES" analysis then you should be. Ill leave links below to other important analysis's that are still relevant to the current market situation.
*** as always this IS NOT financila advice. This is just an IDEA based off of my research and data. I always recommend doing your own research before investing in anything.***
PLEASE LIKE, SHARE, and COMMENT It helps me out a lot and encourages me to keep going. I'd love to hear your opinions on what you think of this analysis and your thoughts. I have an open mind and listen to everyone. You're all appreciated. Thank you.
I WILL UPDATE and fulfill this chart with more data later on. Ill be back then.
BTC - It's decision time.Hey guys how's everyone. Just a short analysis for BTC here as I do think BTC looks ready for a big move. This move can be BULLISH or BEARISH. The key he\re is not to jump the gun and have patience.
Notice the RSI bounced above 50 which is a BULLISH signal. There is still a lot of potential for it to drop under so watch closely.
I say this all the time but "A stop-loss order will save your portfolio." Minimize risk!
IMPORTANT!- Notice there is quite a big Inverse Head & Shoulders pattern which formed on the chart and I'm sure many people are talking about it or will be soon. Always wait for a H&S pattern to confirm. Wait until the right shoulder breaks above/below the neckline, USUALLY there's a retest of the neckline before moving towards the price target. Best time to buy is on the bounce AFTER the retest. (NOTE: The retest CAN FAIL and usually leads to a big move in the other direction.
MACD is at an important area . There's a good chance for a bigger move soon. (DONT FORGET: This is a DAILY timeframe chart so when I say "soon" I mean within the next week. The path lines on the chart take place over a period of 1-2 months)
NOTE: USUALLY the price of BTC drops a little bit about a week before CME futures contracts expire (The last Friday of the month). STATISTICALLY, BTC USUALLY DROPS around that time each month. This month, the last Friday is the 25th, which is like 8 days away.
The rest of the chart is pretty simple and straight forward. The GREEN, ORANGE, and RED lines represent the different potential paths BTC could take over the next month or two IMO.
Thanks guys. Please LIKE, SHARE, and FOLLOW. I appreciate it a lot. Will post updates along with this as usual.
Ill leave the link to a recent BTC chart I published which I think BTC is following well.
*** As always this is not financial advice. This is an IDEA based off of MY research and experience. I always encourage anyone to do very thorough research before Investing or trading anything.***
______UPDATES BELOW______
BTC with a combination of a expanded flat and a triangle Last week, I got an idea about BTC to keep going on the accumulation period and will not easy to come back the uptrend following many serious events in this year (FED, Russia & Ukraine, Inflation, Midterm election...).
But in the old idea, I still got the feeling that it was not right because of some complex waves in Elliot and also on-chain data following CQ.
Yesterday and today, I have been spending more time looking back again, and now it seems to be quite appropriate for combining an expanded flat wave (irregular) and a triangle pattern.
This complex chart belongs to Double Three in Elliot theories. It is a sideways combination of two corrective patterns. I’ve already looked at several corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three. (W-X-Y)
Irregular Flat Wave: From March to July 2021,
Any three a-b-c during July to December 2021
Triangle: From December until now and next months.
I hope this idea can be interesting to BTC traders and holders.
Let's see what happens.
NFA
BITCOIN Watch out for the MA's!!What's up everyone! 😃
Here I want to look closely at the MA 20 and the MA 25 on the weekly chart. As we can see they are moving towards another, which is a very dangerous sign. If they would be to cross it could be the end for any hope in a bullish reversal. I drew an orange circle around the area where the MA 25 was above the MA 20 on the weekly chart the very last time, and as we can see we ralied from then on.
I also circled in orange where we are right now, and as you can see, it's looking dangerous.
When it comes to the H&S pattern which i've been talking about since early in december, we almost had another crossing of the MA's but BTC started to rally and the MA 20 stayed Above the MA 25 instead. Also marked with another orang ecircle, you can see that this happened at a very similar moment, Right after completing the right shoulder and right before rallying.
So if BTC repeats recent history, a rally could be near, if the MA's cross however, it's not looking good.
The other MA's or moving averages of the EMA RIbbon, BTC closed below on the weekly for the first time in a very long time also.
I spoke about that in MY VIDEO🎬 from last week:
I will go into more detail about THE FUTURE OF BITCOIN on different charts in my UPCOMING VIDEO 🎬, so look out for the MA 20 and 25 on the weekly chart BUT also for THE video 😁😉
If the post was worth your time guys,
any ♥ in the form of engagement, follows and feedback are very much appreciated!
Happy Trading! ✌❤📈
BTC 1h UpdateHere you can see my post from earlier where I was pointing out that BTC broke above the EMA Ribbon on the 4h chart but needs to break above the neckline:
Coming back to this chart here on the 1h all looks very similar including the break to the downside of the wedge and the break above the EMA Ribbon, but here on the 1h chart, BTC bounced off the EMA Ribbon multiple times (A,B,C), we won't see that happen on the 4h chart if BTC doesn't break the neckline at around 43.8k.
If nothing changes, I see BTC going back down to the support levels that I pointed out in a bunch of my previous posts, find the latest one here:
Another post where i point out the neckline and support/resistance levels:
Happy Trading! ✌♥️📈
I predicted the latest MMCrypto chart A MONTH AGO!!!Hey guys, my post from a couple of days ago was deleted because I broke the code and dropped my social info here. Didn't know that wasn't allowed, so my apologies!
So here it goes, Chris from MMCrypto said a couple of days ago that his PA passed him this chart, wonder what the PA"s job description is 😂😂
But anyways, this post below was from Dec. 15 where I called the exact top and current bottom of 40k-37k.
I've been posting about this pattern and price ranges even beforehand and ever since, never changed my opinion, unlike... 😂🤐 (love that on here we can't edit or delete our posts 15 minutes after we posted 😉)
Chris just posted it TWO DAYS AGO, and now says it's the pattern that helped him predict a bunch of stuff🤔
Just wanted to say, watch who you get your information from, some guys are good at packing 10 different predictions into one sentence. 😂
BITCOIN getting slapped and rejected!Everytime BTC tries to break a neckline.... Lets see if we can get above 43.8k maybe a retest of the channel before, or we could fall back in and thest the bottom resistance of the channel and the horizontal supports.
Find the support levels here:
f you like my posts, any ❤ in the form of likes, shares, feedback & comments is very much appreciated!
If you want to stay up to date with my ideas 💡, hit the subscribe button!
Happy Trading! ✌❤📈
BITCOIN about to GO LOWER!?What's up everyone!
Earlier I posted about Bitcoin on the weekly chart, and i wanted to get into some more short-term stuff.
I highlighted the main factors on the chart, all in all I'm very bullish for the mid/long-term for Bitcoin, but for the inmediate short-term I'm more bearish and I think we are going to hit the lower targets before we bounce and rally to new ATH's.
If you enjoy my ideas, please like, comment, share, subscribe... and all the good stuff! I appreciate any type of feedback!
(See my post on the weekly chart from today below)
Happy Traing ✌❤♠📈
BITCOIN Repeating History?What's up fellow investors & traders!
I highlighted some major similarities here on the Weekly Chart.
I've posted this pattern for the first time about 3 weeks ago and wanted to go into some more detail.
Keep in mind that this is only one out of a bunch of possible scenarios, but for now its still my favorite one.
If you like what you see and want me to keep posting my ideas on here, show me some ❤ by liking 👍, sharing and commenting on my posts! And if you want to stay up to date give me follow.
(Leave me a comment if you want me to make a video about this, including different time-frames and indicators.)
Happy New Year & Happy Trading ✌❤📈
BTC/USDT Bullish DivergenceBTC/USDT is consolidating in this range for many days. And it has now formed a bullish divergence on 4 hours chart.. We can expect a reversal from here because it's a strong demand zone. Let's see how this bullish divergence plays out.
Thanks!
Best Regards,
Trade Like Pros.
BTCUSDT downtrend continuance to $41000ish resistanceMy Prediction:
The current downtrend that started after all time highs on the 10/11/21 will continue until the $40,500ish level where it will meet resistance and continue in an uptrend. The resistance will be met around mid to late January.
Why?
1. The golden cross of the 50 and 100 EMA that recently happened (25/12/21) mirrors the one that happened in May therefore the severity of the current downtrend may become worse echoing the steepness of the downtrend at that time.
2. the area of resistance between $47,200 and $46000 has been tested multiple times and even shortly broken. Multiple tests of resistance can often lead to a breaking of that resistance and the next major support is around $40,500.
3. Crypto influencers have often commented on "$100,000 BTC" leading any further drop in the price of BTC to be highly attractive to certain retail investors.
Though I doubt that BTC will hit the $100,000 mark early next year, I do see some propensity for new all time highs by March 2022 around the $80,000-$85,000 mark.
4. When the price of BTC has broken the 200 MA in a downtrend over the last year, it seems to have dropped even further, hence why it will drop further to the next major resistance at $40,500ish.
DISCLAIMER: I have only been looking at the whole area of Technical analysis for a few weeks so am not highly experienced. It would mean a lot to me if people who are more experienced would critique my thoughts and give me tips on improving my skills in this area.
Thanks! Have a great new year!
BTC - WARNING! POTENTIAL DROP TO 20K Hello everyone. MERRY CHRISTMAS! HAPPY HOLIDAYS! and I have a chart for you guys. I hope this helps people and stops people from losing money. I had mentioned in a previous chart that if BTC falls below 48K (which it did) I would
turn very BEARISH! I had a very good reason for that, and that is because BTC fell below the bull market support band (21W EMA + 20W SMA). BTC IS STILL BELOW this support band and I DO EXPECT MAJOR RESISTANCE HERE and I DO THINK bears are very powerful here and are setting up a NASTY BULL TRAP. DON'T BE A VICTIM. Lets look at the indicators on the chart.
There are MANY MANY youtubers, and other people on social media saying "the bottom is in" and all that good stuff. Everyone points to how it is technically a HIGHER LOW but EVERYONE IS FAILING TO REALIZE THAT BTC FELL BELOW THE BULL MARKET SUPPORT LEVELS. Don't get me wrong, IT DOES look like a bottom however there is SO MUCH RESISTANCE ahead and UNLESS there's some MAJOR CATALYST WHICH BLASTS BTC ABOVE 60K again, then I don't think bulls have enough strength here.
The chart is pretty much self explanatory. Notice how on MARCH 8TH 2020, BTC dropped below the bull market support band (BMSB). It is very similar to the recent DECEMBER 4TH drop! It even played out a similar pattern (shown in the YELLOW OVALS) before jumping back above the BMSB.
Now look at the GREEN OVALS... This is where BTC starts its downtrend. You can see previously BTC fell below the BMSB yet again, then attempted to jump back above BUT GOT REJECTED RESULTING IN A MAJOR DROP! On the RSI, you can see that rejection happened at the 50 level.
BTC IS IN A SIMILAR SITUATION RIGHT NOW! It has fallen below the BMSB and is currently trying to get back above it. NOTICE THAT BTC IS IN A VERY DANGEROUS POSITION ON THE DAILY RSI RIGHT NOW! It is at the 50 level!
Nothing is certain however I do believe in wyckoffian logic and it makes perfect sense here. The "composite man" has SO MANY people right where he wants them! Everyone is distracted. BTC put in a "higher low" so everyone feels comfortable buying in... Like I said, this could end up being a NASTY BULL TRAP! Either way I made this chart just so you can be prepared and understand that a 20K BITCOIN IS ABSOLUTELY STILL IN THE CARDS and very possible!
There are other indications that are in line with this idea! The daily and weekly RSI shows the DECEMBER 4TH drop as a "LOWER LOW" and NOT a "higher low" reflected by price action. This creates BEARISH DIVERGENCE on the RSI. Also BTC could possibly form a very BIG head and shoulders pattern here very soon which would have very low targets depending on how you position the neckline. The Weekly MACD crossed down and looks pretty bad IMO.
This is also in line with my previous BTC chart which I'll leave a link to so you can see even more evidence that a 20K BTC is VERY MUCH POSSIBLE.
Well that's what I have today. Hope everyone is well. I WISH YOU ALL A MERRY CHRISTMAS, and HAPPY HOLIDAYS.
Take Care.
* This is NOT financial advice. This is just an idea based off my experience. Please do your own research before investing or trading.*
BTCUSD what's next move?BITFINEX:BTCUSD
Hi guys!
People are sweating as nobody know what's next move for BTC. So much manipulation in the market now...
DAILY
To mee it looks like accumulation as the previous drop is not continuing down at the moment with rejection of the price at 45600 level forming double bottom.
Falling wedge broke upwards and now the price perfectly touched 200ema , got back under daily volume level (VPVR) 48900USD and also on 0,5 fib level from june - november swing.
Now it looks like it will come back to another volume level sitting at 47330 aprox where we have top of the falling wedge.
On daily we can see change in volume (WAE at the bottom) which is already green and above it's MA.
BUT...
There is one thing on trigger waves I have not seen anywhere in the past of bitcoin (indi Vumanchu/Market Cipher) !!!
Look how nicely are waves going higher and higher but the price is stucked and doesn't want to get out of this zone. This should not lead to move down, but I don't have crystal ball neither ;)
4h
ON 4H TF WE SEE PRINTED RED DOT (Vumanchu)
TO GO LONG SAFELY:
• FIRST THING IS TO WAAAAAIT FOR GREEN DOT WHICH SHOULD BE HIGHER AS THE PREVIOUS ONE
• On smaller TF we want to see growing volume
• it is possible we will not see higher low under actual price as sometims BTC moves to the next step, stays there and then move higher again.
Also consider we are at 0,5 fib level from previous huge swing AND 50EMA 4h is getting already to 0,6 fib extention at 47900USD.
In summary what I expect most probable is this.
We will see:
1. wick to 47900 (on Bitfinex)
2. prcice will get above 48900 > 2h green volue on Vumanchu > 4h green dot Vumanchu and then move up
The other move cold go back to 45000USD and wash out all longs.
So be cautious and take it eeeeaaaasyyyyyy.
We will get higher. I will get more at lower levels.
Good luck!
M
This is not any financial advise, always check the market before entering any position and like it if you find it useful.