Curve
16/03 current supply and demand curve 4H for the USDThis is the current curve of the actual market condition for the us dollar. 1D and 1W zones are to far away and we have a lot of volatilty, so (to me) this is the HTF curve right now.
Price was already there previously, but it didn't penetrate too much.... so with the right conditions , it is safe to enter again
Bitcoin Reasonable Logarithmic Curve Forecast BandsPrediction presentations are similar to coffee fortune.
I don't normally share a template shape like this in any way.
But I have seen logarithmic curves drawn symmetrically just to make the eye look nice, and I disagree with any of them.That's bullshit!
This is my logarithmic curve bands that I found true.
I do not believe in any predictions except macroeconomic predictions.
But I believe that by 2020, Bitcoin will reach 2000 levels.
I'il tell you the main reason if this forecast keeps it.
This is just my little bet:
2020 levels will be seen in 2020.
Note : This estimate was shared more as a criticism than the 2000 levels forecast.
I will never share a template like this again because it has no value.
No one is meant,including me .
I will collect and write all of them in an educational idea.
Only the fact that these kinds of things make premiums can make us overlook the real things !
BTC 2k incoming The the rest of the market bouncing back I see BTC continue to drop. I noticed some serious patterns using my DSAR indicator showing a major shift is going to happen. I believe its going to drop past 3k and continue to about 2100 range. I would say that if it goes past 3500, its safe to short this volatile turd. If you are interested in buying the indicator I use for all my trades, hit me up with a PM. Also if you hit a like on the indicator instead of the 100 dollar one time fee , it will only be 75 dollars. Take advantage of this powerful tool to reap the rewards!
Next for BITCOIN. Symmetrical triangle. 3000+ or 3000-Ah "next" Next for Bitcoin.
Again not too many words only keysubjects. In front of you the 4hr chart of BTC.
- BTC is in a symmetrical triangle
- There was a curved resistance in triangle touched many times, who breaks out yet (positive signal)
- The support of triangle was touched several times also. There was a nice bounche couple of days ago. I've made an idea of that (link below)
- the outcome of a sym triangle is 52/48. I always do 50/50. We can see a continuation of the price or we can see a bulltrap or beartrap.
- On sept 23th BAKKT will be live whats almost the end of this triangle. Check Google if you don't know BAKKT (futures backed by BTC)
- There will be a up of 3000 or a down of 3000 after breaking out triangle (calculated from point of break out)
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Bitcoin is going down in a huge curving patternI posted this in BTC\USDT as well
Bitcoin is curving down in another great big weird curving pattern.. And literally the only conclusion i can draw from this is that BTC has more room to go down like 1,000$-2,000$ soon..
But what else can we figure from this? Will it break out to the upside eventually because it's kinda wedging and making a falling wedge like pattern? will it go down in that tunnel all the way to 4k?
Share your thoughts in the comments below!
Bitcoin is going down in a huge curving patternBitcoin is curving down in another great big weird curving pattern.. And literally the only conclusion i can draw from this is that BTC has more room to go down like 1,000$-2,000$ soon..
But what else can we figure from this? Will it break out to the upside eventually because it's kinda wedging and making a falling wedge like pattern? will it go down in that tunnel all the way to 4k?
Share your thoughts in the comments below!
We Just bounced off the previous ATH Picking up support were we did following the (Purple)Curve is a great sign. this could be a great time to buy if you haven’t already. theres not much resistance on the way up. RSI is low but volume says we have some time before the next big move. we should be looking at about a month of consolidation or retesting the support. Retesting this support agin anytime soon would not be a good sign at all IMO. It would be better if would went straight into a new bullish trend. only thing left to do is wait and see.
S&P 500, Yeild Curve, Recessions, and BitcoinThe chart below shows the yield spread between the 10yr and 3mo and 10yr and 2yr. When the spread is below 0 (colored in red), the yield curve is inverted. This has been an indicator for coming recessions. The red areas on the SPX are the recession periods.
As you can see we saw an inversion last month (march). The next recession is just around the corner and this one is going to be big. With the Fed experimenting with interesting rates and propping the stock market up, and tech stocks, FANG, and the Get Big Fast strategies startups are using, the market is extremely overvalued.
I think with the awareness of bitcoin now and the upcoming halving, money could pour into cryptos when stocks start to fall. The confluence of all this makes me think bitcoin will moon. The timing of the halving with a possible market crash is amazing to me. I feel excited for cryptos. I want to buy gold and bonds, safe places for my money, but the prospect of HUGE gains from the crypto market is to enticing. Either bitcoin goes to zero and I lose all my money (all the money I can afford to lose, not my savings or monthly spending) or I become much richer than my parents. Lol.
Let me know what your take is on all this!
CMT/BTC, is it a time for the dragon to wake up?Altcoins are going to experience a huge jump if BTC keep the momentum that gained during the last couple of weeks.
CMT is definitely experience one of the worst days ever (Bottom).