CHRISTMAS SUPRISE BITCOIN! $9.000CHRISTMAS SUPRISE BITCOIN! $9.000
As we speak bitcoin is at 7.150. If we hold 7.1 at least 7.050 i think we can see a nice Christmas rally! This could end higher then 9k.
Why i think bitcoin is going to pump massively in the coming weeks/months?:
Bitcoin halvening is in less then 150 days, this means we are going to get a rally before. And then i think begin MAY it is Buy the Rumor, Sell the News.
Maybe there is a potential hit to 14k-16k. But for now im only watching to break 7.8 for a HH. If not we are going down again.
I hope you will leave your idea! And dont forget to long BTC!
Halvening
This Bitcoin Fractal has predicted the last 3 months of PAWe started following this fractal on Twitter back in September when price was above $10k.
It's down 35% now and nearing a potential bounce area.
It's looking like we could get a small pre-halvening pump but we may not see over $10k for some time.
Something to prepare ourselves for the possibility of this.
BTC BIGGER PICTURE. END OF YEAR PREDICTION. HALVENINGBTC BIGGER PICTURE. If Bitcoin respects the falling channel. End of year prediction between 6300 and 8000. If .618 fib doesn't hold 7230 then .786 is at 5420. If we stay in the channel we won't see that level until 2020. Possibly climb out of the trenches by May Halvening. Twitter @cryptorolly
Preparing For The WorstWhat if Bitcoin has always been in a Bull Market. What if we are entering the Bear Market for the first time?
Among many things Bitcoin is a tremendously valuable asset, there is no doubt bitcoin is a token that heralds the birth of an industry. But what if we do not have the mass adoption necessary to sustain current prices? There has been speculative weather for some time now but for how long has bitcoin been a speculative market? Did it start with big exchanges introducing margin into the mix? Or when Tether began pumping prices? I'm not going pretend to have the answer of where the source of the problem is. However, I think it's self evident the technology is still in its infancy. Engineers have less than a preference for blockchain they downright ignore it. I see a lot of new ideas in the space that will redefine the future and some of them have actually manifest. But I am not seeing the masses flowing into the space like the previous cycles, and I am not seeing the technology get to a point where immutable, trustless systems are ready to be deployed on a widescale. The scale has been very selective and contained within the niche technology space.
The idea came to me that if this downward trend of a speculative market continuously correcting itself and consolidating up until the Halvening, we could be in store for a lackluster halvening. And that will spell absolute disaster for the market.
BITCOIN - 5 YEARS OUTLOOK- Must read!Hello there fellow traders, invester, crypto-prophets and enthusiasts!
This chart shows and tries to analyse fundamental Bitcoin behaviour according to the BTC-Halvenings.
It allows us to understand the multiple rises and falls of btc.
Since ever, Bitcoin, was in the hand of the members of the market. Miners, who act like a motor, which is the oil, the transaction machine that underlies btc.
All market participants- the retailers, the institutionals and the govermental regulatory parties gather information as well. Since we live in a social media generation, everybody is like up to date at anytime.
Regarding to this, be very careful, because whenever patterns happen, people will know!.
Sometimes follow the herd, sometimes do not.
Follow your own opinions and charts- but listen and follow others too.
Since charts represent information already happened, nobody knows what information will come at what time and what impact it is going to have.
Therefore, it is very hard to beat the market, in my opinion (especially crypto)!
I am open for your thoughts on this and I would appreciate an open conversation in the comment section!!
cheers, maito
Bitcoin $15k by CHRISTMAS?Bitcoin $15k by CHRISTMAS?
Bitcoin has a lot of action behind her. April 1 the cycle gets a boost.
Now we need to cooldown. We cannot go directly to 20k.
I think till the begin of december that we have a consolidation. After that we can see a great upwards movement.
ALTS are getting momentum soon? If #BTC.d drops below 64% i think it will be a other scenario. Alts will pump and BTC more consolidation till jan/feb 2020?
Leave your idea
Goodluck.
BTCUSD - Glass half full approachCOINBASE:BTCUSD is having a rough few days. Price is dropping hard and it seems there isn't a consensus of where support will come in.
I'm not willing to take a position just yet, but I do want to say that having the RSI already at historic low levels is a bad thing on the daily chart, it does represent some improvement. The major drop from 6k to 3k had RSI reach record daily low levels never before seen in Bitcoin history. Do I think this dump will produce worse RSI levels than the dump at 6k? Most likely not.
While we have consolidated for several months and broken down out of the consolidation that does not mean this may not end up being a great dip-buying opportunity. As stated, the RSI is historically oversold, however, in the past, RSI typically doesn't stay oversold long for Bitcoin. The dump for the 6k consolidation that took nearly a year was the lone exception.
I'm not convinced we stop and turn around here, because downward momentum on the weekly charts is hard to ignore. However, I will be watching for a potential divergence forming on the RSI on the daily charts if this break down is not bought up swiftly soon, and I imagine it won't.
Certainly worth me keeping my eye on.
DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB.
Long Term BTC trend analysis Hello everyone, my name is CombJelliesAreCool, lets get to brass tacks.
Lets start off with the red and green curves i have surrounding the entirety of the price action for BTC, i started off with the first high and low back in Oct 2010 and connected the green curve with every subsequent rally high and connected my red curve with every subsequent rally low. Doing this, its clear to see that touching either of these curves is a trustworthy indicator for the end or beginning of a sustained uptrend. Due to the inherent volatility of the bitcoin market, its entirely possible for a downtrend to occur inside of an uptrend of vice versa. However, if your uptrend doesn't touch the green curve or the downtrend doesn't touch the red curve then the trend has not completed. This indicator has played out without fail for almost 10 years now and can be seen in action with the rallies of 2011 and 2013 and the down trends of 2014 through early 2015 and i posit for the downtrend of 2018 through the rest of 2019.
On this indicator i took my inspiration from @MagicPoopCannon but I came to a different conclusion on the shape of the curves, he posits that as time goes on the price of bitcoin will eventually stabilize, although I agree with him that price action will eventually stabilize as the market gets saturated, I highly doubt stability is coming anywhere in the near future with the increasing adoption and exponential amounts more money that's coming into the market so my bands increase in width as time goes on as opposed to decreases.
Lets move on to the SMA cross, it looks like there's an impending deathcross on the horizon coming to confirm this downtrend we've been in for two months, with this harsh of a downtrend in the past week I assume its coming sooner than later, especially looking at the shape of the 50 SMA up close.
Now for the NVT analysis, I noticed that the shape of the nvt during late 2012 through mid way 2014 has a lot of confluence with the NVT of mid 2017 through now. I first noticed that a new end of the downtrend wasnt confirmed until the NVT for a green oversold signal, one that we didnt have, even during out catastrophic drop in Nov 2018. If you look at the red lines you can see that the shapes of the NVT are basically symmetrical. You see a gradual rise into a steep rise followed by a monster of a dropoff, boom, green oversold signal, a gradual rise and plateau followed by yet another steep rise and another, albeit ever so slightly less of a dropoff than the previous, this takes us into the mid 70s of the NVT, we plateua, chop for a couple months than a decent uptrend and a very gradual drop off of the third red peak of the NVT, and finally our second green on the NVT since out first red peak and a touch of the red curve to signify the end of the downtrend. A majority of this trend is confirmed including the steepness of the angles and the timing of the plateaus in the trend. I would assume this would indeed be the case if we had good NVT data for our very first bull and bear cycle.
If this fractal plays proportionally our eventual low will likely be the high 2000s or low 3000s and our rally high in 2023 will be around 250000 - 300000 dollars per BTC. Shes going down boys.
Thank you for reading, Im open to ideas and criticisms.
LTC 4 hr 8/3/2019Looking at LTC before the halving occurs. I am watching to see if it pumps a bit before the halving although I have my doubts we will see anything significant. I know this is the USD chart and I also know that I typically use a BTC chart but alts look so awful when they are paired with BTC. So I am looking at the USD chart. I see an ascending triangle or pennant or whatever tf you want to call it which could signal a break out... Just keep an eye on that volume.... I also realize people typically dump their bags after a halving event but that is usually if there is a significant pump directly before I would imagine. WE made it up to around $145 a while back and sunk pretty deep. There is a little over 1 day left til the actual halving occurs. If you are playing this please set a SL. Just in case the dump does happen. This halving didnt follow the path I thought it would but live and learn I guess. I will be keeping an eye on the charts...
Halving Hype Issue - Bear Cycle Trend IncreaseAnother idea that may need some consideration.
The Bear/Bull Cycles seem to be increasing - If we proportionally increase the Bear Trend it equates to being halfway through the Bear Market in Sept/Oct 2020 - Yes read that again HALFWAY through Bear SEPT/OCT 2020 .
With the addition of the Halving we can probably expect a bounce leading up to this.
Lets see what happens ......
Stay safe all ;)
LTCUSDT price prediction to 6'th of August and afterThis is my first published idea, so hope this kind of scenario plays out.
LTC halvening is on 6'th of August (my birthday :P), usually after those events take part, price comes down.
It is forming a "cup and handle" formation on 1W. Until 06.08.2019 we will see price moving between 128$-145$, but after LTC catches 145$ again, it will brake through it, Then there is not much stopping it, reaching 180$ peak.
Hope You like this idea. Also feel free to comment and debunk this or approve it.
I am not a proffesional trader and this is not trading advice! Use Your own research and trade with cool head :)
GL!
Consolidation before halving pushThe halving is the main price driver in Bitcoin.
BTCUSD has bounced back from the lows, but hasn't shown the strength for a sustained rally. The volatility will gradually drop off, and the price will stabilize slightly higher than the median 2019 price, because there still is accumulation going on. Towards September the halving will start to enter consciousness and the real rally will start.
Bitcoin Halvening EST 23rd May 2020 Bullish case for BTC
Looking at the previous 3 halvening on Bitcoin
Price increase based on price of btc at halvening date & top price in between the halvenings
2012 -10$ + 9000% to $1177 by DEC 2013
2016 $684 + 2500% to $19764 by Dec 2017
2020 ? + 800% by Dec 2021
history shows
The % increase in price after each halvening decreases by almost a factor of 3
The key is what price will the price be at the next halvening then multiply that by 800% to get the top of the next Bull market in between the 2020 & 2024 halvening
looking at previous bear market the drop from the top has been 67%
If a similar scenario happens that implies a price of $6500 by 2020
multiplied by 800% (the increase after the halvening has taken place.
Next Bull market top could be " $52000 "
BITCOIN to HIT vicinity of $50000 By DEC 2021
Just an idea. Dont @ me