Btcsignals
Bitcoin Prediction: Future Of Bitcoin: Is BTC In Trouble?Bitcoin Prediction: The Future Of Bitcoin:
Is Bitcoin (BTC) In Trouble? No!
Situations across the globe ( rumours of wars, politics, frenemies of crypto) might be taking a toll on BTC but you can be rest assured: he who laugh last, laugh best!
These 3 scenarioos indicated in my chart could play out pretty well - I can almost guarantee it? but Naaah! what do I know? :)
Follow the curves - do your own due diligence, trade safe. Happy trading y'all
BITCOIN, On The Verge To A MASSIVE PARADIGM-SHIFT, 2 SCENARIOS!Hello Cryptocurrency Community,
Welcome to this crucial analysis about Bitcoin, this time on the daily timeframe perspectives. Since Bitcoin, as expected showed up with the completion of the local bear-flag-formation that I mentioned in my previous analysis ideas Bitcoin moved on to reach all our projected target zones and continued to increase bearish volatilities as expected. If you did not see these analysis I highly recommend it to watch to have a full-depth-overview about the current situation as this analysis is building a coherent follow up about the market situation. In recent times there happened pivotal developments not only from a technical but also from a fundamental perspective that are likely to affect the Bitcoin and Cryptocurrency dynamics in the upcoming destinies, therefore I am looking at the pivotal factors and determinations we need to consider here.
Fundamental Determinations And Indications:
From a fundamental perspective, it is necessary to realize that the world and also the economy is in a transition phase, since the global pandemic hit all global markets and the economy back in May 2020 many countries needed to heavily adjust to this changing order and in this case nearly all economies suffered because of the dynamics that went along with the pandemic. Now the world economies slowly regain however there is increased inflation going on which means that there is a higher possibility that fiat money flows into financial markets and investors seeking for a hedge for example with Bitcoin, this can be a bullish sentiment indication on the long term. Nevertheless, if the Inflation heavily accelerates together with the FED actually increasing the interest rates and decreasing their currently approximately 8.9 Trillion USD large balance sheet this will provide a bearish sentiment, these are important indications to consider in next times.
Technical Developments And Two Main Scenarios To Consider:
Taking these fundamentals into the account we can now examine the technicals and as when looking at my chart we can watch there that Bitcoin since completing the local bearish flag formation is contributing to a formation on a broader scale which is actually a potential inverse head-shoulder-formation, the reason why it is a potential h-s-formation yet is that it still can invalidate if Bitcoin does not hold the 36.440 USD level marked in blue in my chart. Therefore there are two main scenarios given here, the first one comes around when Bitcoin manages to complete the inverse head-shoulder-formation with a breakout above the neckline as seen in my chart and the second scenario will show up when Bitcoin actually breaks down the 36.440 USD level, in this case the next target will be the 30.000 USD level and when this level does not hold Bitcoin will likely complete the whole massive double-top formation bearishly to the downside that I already mentioned in my TradingView as well as YouTube.
Bitcoins Upcoming Destinies And Pivotal Confirmations:
Taking all these factors into the consideration now this formation will be a huge factor to decide Bitcoins destinies in the next times, especially with the fundamentals changing more into the bearish direction this can lead to a devastating completion of the double-top otherwise when Bitcoin does hold this structure and actually completes the main inverse head-shoulder-formation this does not mean Bitcoin is completely out of the woods though as Bitcoin needs to firstly show how it can hold the range and build up on it after reaching out the target-zones. Therefore it will be highly important now to keep patient and wait for the appropriate confirmations rather than to rush into the market with over-speculation as it is seen too often these days. The main confirmations for Bitcoin will show up in the near future and they will indicate if Bitcoin has bearish or bullish destinies, it will be an important dynamic ahead.
In this manner, thank you for watching the analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USD analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello friends
BTC 1 Day Update BTC trend line is moving up and falling wedge pattern create
BTC trade line is trading and the same is visible in the RSI
BTC 1 day update. We were watching that moment. In RSI also we can see that the trend line is moving up and once it crosses above the trend and the market dumps and then the market falls down but once again market can bounce in btc or if This is going to be bullish so BTC could jump from here.
This is not a piece of financial advice.
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.
BITCOIN, Develops CRUCIAL BEAR-FLAG, Determining Objections Now!Good Day Cryptocurrency Community,
Welcome to this pivotal analysis about the Bitcoin situation on the 2-hour timeframe perspectives. Since Bitcoin recently managed to hold the $42,000 area we have seen an initial bounce of $2,600 here with Bitcoin moving into the $44,600 level and confirming as at an important resistance, in fact, Bitcoin still had resistance in this area developed by past price actions. While Bitcoins technological adoption goes forward with the institutional interest growing exponentially since the beginning of 2022 as the SEC filings that mention "Bitcoin" accelerated heavily and other old economy investors such as Warren Buffet investing into Bitcoin-friendly startups there are still increasing regulatory and restrictionary pressures that burden Bitcoin such as governments freezing Bitcoin wallets. In such environment it is necessary to distinguish between the short and long term perspectives. As I already mentioned in posts and on my YouTube channel Bitcoin has still solid fundaments for a bullish destiny on the more long term perspectives however from a short term and trading perspectives it is necessary to zoom in and see where Bitcoin is heading to have a proper trading lineup in the market, in this case I detected the central factors and upcoming determinations that are pivotal now.
As when looking at my chart we can watch there how Bitcoin since bouncing off the $42,000 area Bitcoin moved on into this highly crucial descending resistance line which is marked in red in my chart, besides that Bitcoin has formed this main ascending channel and in this channel tested the $46,600 area from where it now several times pulled back and confirmed this area as a respected resistance. In this case now there is a increased likelihood that Bitcoin completes the ascending channel as a bear flag below the lower boundary as it is seen in my chart from there on a continuation to the $42,055 level is indicated, it is also possible that Bitcoin firstly bounces and makes a new structure high above the $44,750 level before moving into this initial bear flag target zone. Once the initial target zone has been reached it will be highly determining on if Bitcoin holds this level substantially or just sets up for a bearish continuation, in this case, when Bitcoin moves below the $42,200 area this will lead to the wave C extension and Bitcoin reaching out the final bear flag target zone. In any case it is necessary that we keep prepared on upcoming volatilities and shifting dynamics to do not overspeculate the market in this critical phase, it will be an important dynamic ahead.
In this manner, thank you for watching the analysis, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.
BTC decision BLOCK for INSANE PROFIT to GRAB BLOCK = $40073 - $44164
what is this CANDLE BLOCK so important?????
beacause its ENGULFING 4H24, D24, D50 and D500 (most importantly). and it has occured VERY RARE in BITCOIN history.
below $40073 going to be SUPER BEARISH and above $44164 will be SUPER BULLISH.
TRADE LESS,TRADE SMART.
SCRIPTS used in analysis are made by TOP TRADINGVIEW LEGENDS.
BITCOIN The correction is coming to an end. Fractal with 2019/20A month ago I first suggested the idea that the current correction may be another Bear Cycle and that as Bitcoin gets more institutionalized and achieves further adoption, these 'smoother' Bear Cycles may be the norm from now on:
This time I take it a step further and compare the 2021/22 correction with that of 2019/20. Now, I need to state the obvious before we begin, that 2020 had the Black Swan of the COVID outbreak, an (anomaly) event that only happens once in 100 years and can't be comparable to anything we have in our samples. However even if we filter this out, we find interesting similarities between the two periods.
Using the Gaussian Channel, we get a better sense of the cyclical behavior of phases and the net volume indicator on the stages. Both fractals initially made a slight break below the 1W MA50 (red trend-line), recovered but later broke again below it significantly. Only when the price recovered both the 1W MA50 and the 1D MA200 (orange trend-line), was the recovery confirmed and the new parabolic rally of 2020 could begin. At the moment it seems BTC is in that stage of attempting to break above this MA zone.
Notice also the importance of Net Volume in all of this. Even before they reached their respective peaks, the volume started to descend. In 2020, the big volume spike started around the time Bitcoin broke about that MA zone I mentioned (1W MA50 - 1D MA200). It seems like such a big volume spike is needed in order to say with some degree of certainty that Bitcoin has resumed the bullish trend towards new All Time High.
So what do you think about this analysis? Are such corrections the new norm of a Bear Cycle and if so can 2020 be a guide for 2022? Feel free to share your work and let me know in the comments section below!
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BTCUSDAs I have been telling you since November 14th... ven if I was harshly criticized and many laughed at my technical analysis ... here that BTC also reached my target no. 3 and now it is very close to continue the road to 36900 or even 30000
... BTC has reached my no.4 target and is very close to closing the number 5 target!
however ... I will wait to see how January closes and if it closes below the Fibonacci 786 level per month ... then the BTC decline is far from over
...BTC hit the Fibonacci 786 as predicted from where it hit hard!
now I'm going to wait for a close for at least 1 week over 44,300 (Fibonacci 618) before I think about BUY again!
For now, I think it's just a corrective move and BTC will hit my number 5 target ... which it was very close to.
THIS WEEK... as we analyzed last week, BTC reached 44300 from where it rejected strongly!
if the week closes below this area, I will look for SELL to my target number 5 from where I will reanalyze
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
BITCOIN Inverse Head & Shoulders target $56k based on the passBitcoin has bottomed out, completing the correction that started after the November 10 2021 All Time High (ATH) as it recently broke above not only its 1D MA50 but also the natural barrier of the Lower Highs trend-line as I showed on this analysis 10 days ago:
The 1D MA50 is holding as a Support and this is forming an Inverse Head and Shoulders (IH&S) pattern, which is a formation seen on market bottoms. In BTC's recent history on the 1D time-frame, when similar patterns broke out to the upside, they targeted the 2.0 Fibonacci extension. In particular, this chart shows three prior formations (not all exactly core IH&S but we can use the analogy) that after the Resistance broke, hit the 2.0 Fib extension. This level is currently at $55900. Notice also how on all four patterns, the break-out leg displayed the same aggressive 1D RSI sequence (Channel).
We can go even further back and see a November 2020 formation that also reached its 2.0 Fib on an aggressive leg:
So what do you think? Do you agree with this pattern that Bitcoin's next medium-term target is its 2.0 Fib at $55.9k? Feel free to share your work and let me know in the comments section below!
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BITCOIN What if we're just in the 2nd historic cycle?This is an idea I've been meaning to do for some time as I was going through some comparisons of Fibonacci levels within Bitcoin's long-term Cycles.
The one rough constant I found within Cycles historically that may change the scene as we know it is the number 2.6. Until now, this appears to be the number of times that the phases since August 2015 are longer than their respective before that date. I will go into more detail what I mean by that.
* The 1st rally phase from July 2010 to the June 2011 High can be compared with the 1st rally phase of August 2015 to the December 2017 High. The latter phase is roughly 2.6 times longer than the former
* The Pull-back phase of June 2011 to October 2011 is comparable to the Pull-back phase of December 2017 to December 2018. The latter phase is roughly 2.6 times longer than the former
As a result we can assume that these two form the start of two separate MEGA CYCLES, instead of the traditional notion that BTC is already on its 4th Cycle. If we keep the same constant of the Cycle 2 separate phases being 2.6 times longer than their respective phases of Cycle 2 then we can assume that:
* Bitcoin is currently on the 2nd Rally Phase of Cycle 2 which will be 2.6 times longer than the one of Cycle 1, thus lasting until June 2024! How how can it go? Well based on Cycle 1, whose peak was within the 1.382 and 1.5 Fibonacci extensions, that can be anywhere within $125k - $220k!
* The Bear market of Cycle 1 is from December 2013 to August 2015, which is longer that the pull-back phase, thus 'feeling' more natural to be called 'Bear market'. Similarly the Bear Market of Cycle 2 should be 2.6 times longer and extend up to December 2028!
I know this is the first time it is argued that Bitcoin might be in just its 2nd historic Cycle but in my opinion it does offer a fresh perspective and certainly food for thought. Do you agree with such a theory? Feel free to share your work and let me know in the comments section below!
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BITCOIN, HEAD-SHOULDER, Set-Up For BEARISH CONCLUSIONS!Hello,
Welcome to this crucial analysis about Bitcoin on the 4-hour timeframe perspectives and the current situation. Currently, there are people in the cryptocurrency space that became already completely bullish and are calling for the next all time high to emerge by next week which is actually a highly speculative approach at the moment. In this endeavor, we should not keep from the desk that Bitcoin since November of last year showed up with heavy bearish conclusions and continuations and that it is yet not confirmed if Bitcoin is in a validated uptrend again or further declines are likely to follow from a technical as well as a fundamental perspective as Bitcoin becomes many top-down regulatory pressures from authorities to ban and restrict Bitcoin. This is why it is highly pivotal to look at the actual facts and form an individual opinion about what is going on, therefore it is a relevant approach to look at the technicals which I am doing in this analysis, looking at the current formational structures and what to expect in the next times.
In this case now, when looking at my chart we can watch there how Bitcoin recently finalized and completed this major decisive head shoulder formation with the breakout below the neckline and the breakout below the 40-EMA, these two levels are now strong resistances for Bitcoin. With the breakout below the levels, Bitcoin now confirmed the high likelihood continuation and activated the lower target zone as seen in my chart between the $38,600 and $39,200 level. Now below the neckline and below the EMA Bitcoin is forming this confirmational formation as marked in my chart and with a breakout below the lower boundary, this formation will be completed with Bitcoin setting up to the further conclusions. Once the target zones have been reached it will be highly crucial if Bitcoin manages to reverse in this structure and form a substantial stabilization or a setup for a Wave-C-Continuation follows as it is seen in my chart. These are the two scenarios we need to watch out for when Bitcoin appoints the target-zone, in any case, for now, we should not underestimate the bearish scenario that Bitcoin currently points out to and be prepared for these upcoming volatilities.
In this manner, thank you for watching the analysis, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.
BITCOIN This unique cyclical RSI pattern shows $100k by summerThis is Bitcoin on the 4D time-frame. I have used this chart frame as it accurately displays a unique RSI formation which since August 2017 can help at identifying some distinct recurring cycles outside of the traditional historic ones on its parabolic growth curve.
As you see, the measurement from a unique RSI Higher Highs pattern which forms on BTC's last High before a price peak, is approximately within 570 and 590 days. If the same sequence is repeated then the next pre-peak High should come in mid-August 2022. Assuming a modest (for BTC's standards) rise is followed, then the price could reach the $100k psychological benchmark by then. On a (much) more optimistic scenario, if BTC follows the late 2020 rally pattern, we can see Fib 1.0 from the Fibonacci Channel break. In that case, even a extension on the 1.5 Fibonacci extension level is technically possible, though much less likely within the current Halving Cycle.
So what do you think about this unique 4D RSI pattern? Is $100k within reach based on this model? Feel free to share your work and let me know in the comments section below!
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BITCOIN, Potential Major INVERSE HEAD-SHOULDER-FORMATION!Hello,
Welcome to this analysis about Bitcoin on the daily timeframe perspectives. In recent times Bitcoin showed up with strong initial bounces in the structure to penetrate important remaining resistances at the $44,000 that have been seen before the last devastating pullbacks emerged. From a fundamental perspective, there is actually an increased advanced development forward in the technological as well as financial adoption curve of Bitcoin such as recent establishments show. The NASDAQ exchange is going to list the Valkyrie Bitcoin ETF and other important projects moving on such as the KPMG in Canada actually adding Bitcoin to its balance sheet. In this market situation, it is also important to look at the technical factors and as I detected there are important ones going on here. As when looking at my chart we can watch there how Bitcoin is now developing this massive inverse head and shoulder formation with the left shoulder and the head already formed. Now as Bitcoin is testing the remaining 65-EMA in blue there is a high likelihood given that Bitcoin pulls back from this point on, in this case, it will be highly crucial on how Bitcoin actually approaches the important support level seen in my chart between the $40,000 and $41,000 level, when a bounce in this area shows up this will complete the whole inverse head and shoulder formation as seen in my chart and Bitcoin will activate upper target zones. Once the formation has been completed the $54,000 to $54,800 zone will be a likely target zone, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, all the best!
"Good fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
POLKADOT, Major Descending-Triangle, How It Completes!Hello,
Welcome to this analysis about Polkadot on the 12-hour timeframe perspectives. In recent times the Cryptocurrency market showed up with some interesting developments, for now there are still mixed signals in the market therefore it is important to look at the different setups the Cryptocurrencies are forming. When looking at my chart we can watch there how Polkadot emerged with this massive descending triangle formation in which it has a coherent wave count with the waves A to C almost already completed. Now with the development of wave D Polkadot is forming this bear flag formation which has a high possibility to complete in the near future which will show up with the origin of the wave E to finalize the whole wave count. Once this wave E emerged it will be decisive on how Polkadot approaches the major lower support level marked in my chart, if Polkadot bounces off this level appropriately this has a good ability to complete the whole descending triangle with a breakout above the upper boundary as shown in my chart, once completed activation of the initial target zone will happen and once this target has been reached with Polkadot having the appropriate momentum to continue the next target zone will be appointed as seen in my chart. For now, it will be necessary to await the confirmation before moving to further conclusions, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the markets.
BITCOIN, Massive Double-Top-Cycle, Road To $100,000!Hello,
Welcome to this analysis about Bitcoin on the 4-day timeframe perspectives. As I already mentioned in a recent YouTube video of mine Bitcoin is in a important mining difficulty cycle and historically speaking the bottom should come in after some more time, you can watch this video on my YouTube channel as it will describe the situation in more detail. There is a high likelihood given that Bitcoin shows up with the bottom after the completion of this main formational structure I am explicating here. In this case I am looking at all the important levels, structural formations and determinations we need to consider on the long term especially with a scenario in which Bitcoin has the abilities to reach out the $100,000 levle.
Therefore, as when looking at my chart now we can watch there how Bitcoin is forming this massive double top formation within which it already completed the first top and now within the second top has developed this head shoulder formation which is likely to be the origin for further continuations to the downside and when this happens with Bitcoin moving below the neckline of the double top this will be the origin for further continuations in which Bitcoin will finally reach out to the $14,500 level as it is marked in my chart, once this level has been reached Bitcoin will be highly oversold and from there on will give good abilities to form a major reversal from where bullish continuations emerge. With this being said when this whole formation completes and Bitcoin reaches out to the $14,500 level there will be a massive bounce in this level and if Bitcoin continues with it Bitcoin will actually form this huge bull flag formation which when completed will catapult Bitcoin way above the $100,000 level. In this manner now it will be highly crucial on how Bitcoin moves on here and how this whole double top actually completes lying grounds for a more profound bullish cycle setup, it will be an important development ahead.
In this manner, thank you for watching the analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
BTC NEAR FUTURE PREDICIONS (4H CHART)Technical Analysis Summary
BTC/USDT
TREND ANALYSIS
We have 1 Downtrend in red color (Long Term Downtrend currently testing to break )
We have 1 Long Term Uptrend in green color
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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BITCOIN, Massive BROADENING-WEDGE, How It Completes!Hello,
Welcome to this analysis about BITCOIN and the 4-hour timeframe perspectives. Bitcoin in recent times so far managed to hold above the $36,000 level and managed to build up above this range. Also, the Bitcoin Dominance actually reached a 2-months high which is an important indication that Bitcoin actually gains in strength against the Altcoins. Besides that, the institutional interest increases further, and institutions such as MicroStrategy buy into the dips. There is given evidence that Bitcoin so far has abilities to hold in the structure and potentially build up further on it nevertheless the technicals need to move simultaneously with this indication, therefore, I detected all the important levels, structural formations, and upcoming determinations to consider.
Structural Developments:
As when looking at my chart we can watch there how BITCOIN has formed this massive broadening-wedge-bottoming-formation in which it actually showed up with a wave-count reaching from A to E, this wave-count has been already completed with the finalization of the wave E within the lower boundary from where Bitcoin moved on to bounce and form this local triangle-formation that is marked in my chart in blue, in this triangle formation Bitcoin also has a coherent wave-count that already completed. Now with Bitcoin bouncing within the 25-EMA marked in green, there is a good structure on which Bitcoin can build on and finally form the breakout above the upper boundary of the ascending triangle formation which will be the initial confirmation of a final validation and completion of the broadening wedge.
Upcoming Determinations:
Taking all these factors into consideration Bitcoin is in a structure that forms the final breakouts and emerges above the upper boundary of the descending wedge as it is marked in my chart, such a breakout will activate the further continuations and Bitcoin is going to approach the $46,000 level as marked in my chart in the blue horizontal zone. Once Bitcoin reached out there this does not mean Bitcoin is completely bullish because when this dynamic emerges it will be important on what for a formation develops from there on, if Bitcoin pulls back heavily from the structure and firstly visits lower levels this will not be a good indication however when Bitcoin manages to stay in this area and form something like a continuation formation this will lead to possible further highs in the structure, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, all the best!
"Great fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
CARDANO, Develops Massive BROADENING-WEDGE-BOTTOM-FORMATION!Hello,
Welcome to this analysis about Cardano and the daily timeframe perspectives. The cryptocurrency market is changing day in and day out and besides that the divergence between the several different Cryptocurrencies also increases. This is why there are Cryptocurrencies that show up with more bullish structures, while others are neutral and others again show more bearish outlooks. In this case, it is necessary to differentiate the diverging setups and pick the ones with the most potential to take advantage of. In this case, I detected a major formation forming with Cardano with the worthwhile structure and this is why I detected all the important levels, structural formations, and upcoming determinations we need to consider.
Structural Developments:
As when looking at my chart now we can watch there how Cardano is building this massive broadening wedge bottoming formation. In this massive broadening wedge bottoming formation Cardano has formed the coherent wave count which consists of five waves from A to E and recently with the ending of the wave E Cardano has finalized this whole wave count and is now approaching the lower boundary of the massive broadening wedge bottoming formation in which a major structural support cluster is lying consisting of the lower boundary of the wedge formation and the descending support line. In this case, Cardano has good abilities to bounce within this zone as it is seen in my chart.
Upcoming Determinations:
Taking all these factors into the consideration there is a high potential given that Cardano manages to bounce in this structure and once this happened it will be highly decisive on how Cardano approaches the upper levels further because when Cardano manages to finally bounce above the upper boundary of the broadening wedge bottoming formation this will be the setup for an appropriate continuation and activation of the target zone which is marked in my chart in orange. Once Cardano has reached out to this zone it will be highly decisive on how Cardano moves on from there on and if there forms a setup from where Cardano can continue or main pullbacks firstly take place, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.