Bitcoin’s price has finally started movingHello, dear friends!🩷
I’m so glad to see You here! After a week of stagnation, Bitcoin’s price has finally started moving—it’s heading downwards, continuing to form an inverted triangle, or as some might call it, an inverted wedge!
I believe that in the near future—perhaps a day or two—we might see Bitcoin at $90,000. Whether the price will continue to drop after that is still unclear, so we’ll keep a close eye on how it develops.
How are You doing? Where do You think Bitcoin is headed in the near term? Do You agree with my analysis, or do You have a different opinion? Share Your thoughts in the comments—I’d love to hear them!
Thanks for Your attention🫶
Sincerely Yours, Kateryna 💛
Rocketbombforecast
Let’s be realistic...Hello, dear friends! 🫶What to Expect After the Correction?🧐
Let’s be realistic —at this point, it’s nearly impossible to predict with 100% certainty where Bitcoin will go after the correction.🤷🏽♀️
I know many of us are hoping for a new bull run (myself included), but unrealistic expectations can be far worse than sober analysis . That’s why I suggest we consider a few possible scenarios to protect ourselves and prepare for any outcome.
Here’s the plan I’ve laid out for You today:
Daily Chart Analysis
The current Bitcoin price action appears to be in a distribution phase. If this phase plays out fully, we could see the price drop to around $85,000.
What happens next?
After reaching this level, the price is likely to bounce upward. This could be an opportunity for cautious long trades.
Scenario 1: Bullish
The $100,000–$102,000 zone will be a critical threshold. If the price confidently breaks above this level, it will signal bullish sentiment in the market, paving the way for further growth.
The next major resistance level to watch is $108,500. This is a key level that must be overcome for the bull run to continue. However, be cautious of fake breakouts—they happen frequently and can trap traders.
If we break through these levels and the rally continues, then… to the moon! 🚀
Scenario 2: Bearish
We can’t ignore the bearish scenario—being informed is being prepared.
After the correction (potentially to $85,000), we might see the price bounce back to the $100,000–$102,000 zone. In my view, this level will be critical. If the price fails to hold above this zone and heads into a deeper correction, it will signal bearish sentiment and dominance of the bears in the market.
Personal Observations
In times of uncertainty, emotions run high. Everyone expects growth, and when someone draws downward arrows on the chart, it often sparks aggression. Let’s try to be kinder and more tolerant toward each other—it’s just the market, after all.
What’s Your Take?What scenario do You see playing out? Do You have your own charts to share? Drop them in the comments—I’d love to see Your perspectives!
Always Yours,
Kateryna 💛
ARTY/USDHello, dear friends!🩷
Today, I wanna introduce You a cryptocurrency that, deserves Your attention!
ARTY is a deflationary cryptocurrency and governance token within the Artyfact ecosystem, a blockchain-based gaming platform that combines elements of the metaverse and GameFi.
Key Features of ARTY:
🎮 ARTY is used to purchase in-game items represented as NFTs and participate in various platform activities. This shows that the token has a clear purpose and utility.
🗳 ARTY holders can take part in decision-making processes that shape the platform’s development and future, which builds trust in the project.
🔥 Token-burning mechanisms and revenue distribution from NFT sales help sustain and increase the value of ARTY over time.
After exploring the project, I decided to add this token to my medium-term portfolio. It seems to have significant potential, especially considering its market capitalization is only $16 million, with 80% of all AMEX:ARTY tokens already in circulation.
Looking at the chart, the price has formed a large triangle, and within it, a smaller triangle is nearing completion. It’s likely that the price will break upward, potentially reaching $2, followed by a retest of the dynamic support (the large triangle’s trendline). From there, the price could have a chance to reach $3.5.
Are You familiar with this token? What do You think? Does it look promising? Share Your thoughts in the comments!
Thanks for Your attention🫶
Yours, Kateryna 💛
What could trigger such a sharp price move?Hello, my dear followers!💋
I hope You're all doing well and You had an amazing weekend!🫶 But now, let’s get back to our favorite topic: BITCOIN.😉
When can we expect a strong price movement? Such a move would present a huge opportunity for all of us!🙌🏻
What have I drawn on the chart, You ask?
Let’s break it down! The chart I’m showing you is a 2-hour timeframe.
Since December 17, 2024, Bitcoin has been moving in a downtrend, which means that as long as the price remains within the triangle I’ve outlined, the medium-term trend is bearish.
From the first sharp drop to the second sharp drop, there are 245 candles. Based on this, we can roughly estimate that the next significant price movement might occur within the same range of time—around the area marked by the yellow circle on the chart!
What could trigger such a sharp price move?
The inauguration of the new U.S. President and their first days in office could be the catalyst. Following the inauguration, the market may react strongly to any statements or executive orders. What will it be? Nobody knows, but I believe it’s going to be intense!
What Did Trump Promise Regarding Cryptocurrency?
Before the elections, Trump’s stance on cryptocurrency was a hot topic. He previously expressed skepticism about Bitcoin and other cryptocurrencies, stating that he preferred a strong U.S. dollar as the global reserve currency. However, during his campaign, he hinted at introducing stricter regulations for the crypto market to ensure transparency and prevent illegal activities.
At the same time, Trump also acknowledged the potential of blockchain technology for improving financial systems. If he follows through with his promises, we might see a combination of increased regulation and blockchain adoption initiatives, which could create significant volatility in the crypto market.
What do You think?🧐
Drop Your thoughts in the comments below!
Thanks for Your attention💋
Sincerely Yours,
Kateryna🩷
Black Swans? Bitcoin and Key Levels AheadHello, dear friends!🩷
I hope You all had an amazing holiday season and wrote down Your wish lists for the year ahead. For me, my biggest wish is peace in my country and the chance to sleep peacefully at night. I pray that a larger-scale war never breaks out, as the world feels like it’s hanging by a thread.
But let’s set that aside for now and take a look at Bitcoin’s 6-hour chart, which is showing a very intriguing setup.
The price is once again aiming to test the 92k level—a key support zone I’ve highlighted in previous posts. Most likely, the price will bounce off this level and recover slightly to the 97–98k range before continuing its decline. In the medium term, there’s a chance we could see Bitcoin drop to 90k, 87k, or even as low as 84k.
If no “Black Swan” events (as many global media outlets have been speculating about) occur, we might see growth instead. However, it’s too early to say for sure—we’ll have to keep monitoring the situation. Have You heard about some of these potential Black Swans?
● Geopolitical Conflicts
Escalation of current conflicts or the emergence of new ones (e.g., in Asia or the Middle East).
Rising tensions between major powers like the U.S. and China.
Sudden regime changes in strategically important countries.
● Economic Crises
Collapse of major banks or financial institutions.
Sharp interest rate hikes or defaults by heavily indebted nations.
A new wave of inflation or a global recession.
● Technological Disruptions
Breakthroughs in AI destabilizing labor markets or sparking social unrest.
Major cyberattacks on infrastructure, financial systems, or governments.
Challenges in adopting new technologies in energy or transportation.
● Environmental Disasters
Accelerating climate change causing devastating weather events.
Large-scale ecological accidents, like oil spills or nuclear incidents.
Global issues with access to fresh water or food supplies.
● Pandemics or Biological Threats
The emergence of new viruses or mutations of existing ones spreading rapidly.
Biological attacks or lab leaks.
● Social and Political Upheaval
Mass protests or revolutions in key regions.
The rise of populism and anti-globalist sentiment.
Migration crises caused by wars or climate change.
● Unexpected Events in the Crypto Market
Regulatory bans or sudden changes in crypto legislation.
Collapse of major exchanges or projects.
Rapid adoption of Central Bank Digital Currencies (CBDCs) and their impact on the crypto market.
If You ask for my opinion, Black Swans aren’t something you can talk about or predict—that’s why they’re called Black Swans! They happen precisely because they’re impossible to foresee. They strike when no one is expecting them!
What do you think? Are You bracing for a market crash, or are you feeling optimistic?
Stay tuned for updates, and let me know your thoughts in the comments. Let’s navigate this market together!💪
Sincerely Yours,
Kateryna 💛
The cyclic nature of Bitcoin's price Hello, dear friends! Much has been said about Bitcoin cycles, and you've seen many charts, including mine! But today, I'll summarize everything that has been said before: briefly and clearly!So...
What Defines the Bitcoin Market Cycle?
The Bitcoin market cycle signifies the repetitive trend of price movements within the Bitcoin market, marked by alternating phases of appreciation and depreciation. These fluctuations stem from the perceptions and actions of market participants, involving buying and selling, and are influenced by various factors including market sentiment, regulatory shifts, technological advancements, and broader economic conditions.
Historically, Bitcoin has adhered to a four-year cycle closely tied to Bitcoin halving events, occurring roughly every four years. A halving event entails a 50% reduction in the Bitcoin reward miners receive for validating transactions; consequently, the rate of Bitcoin supply growth slows down. This often triggers a significant price surge, assuming the demand for Bitcoin either remains constant or increases post-halving. The upcoming halving is slated for April 2024, where the block reward will decrease to 3.125 bitcoins.
The chart below illustrates the cyclic nature of Bitcoin's price and its historical patterns.
What Constitutes the Phases of the Bitcoin Market Cycle?
Phase 1 – Accumulation
This phase emerges when prices are low, yet there are early indications of growth. It's a period where buyers accumulate Bitcoin at lower prices, representing a pinnacle of financial opportunity.
Typically, bearish sentiment prevails in the market, resulting in low trading volumes and prices fluctuating within a narrow range, often near the bottom.
Phase 2 – Continuation (growth)
During this phase, the price continues its ascent towards the all-time high. Historically, a halving event occurs here, coinciding with diminishing exchange reserves as buyers stockpile supply in anticipation of surging prices and new record highs.
Phase 3 – Parabolic (bubble)
As the price surpasses the previous all-time high, it begins to rise exponentially, leading to a new all-time high that significantly exceeds the previous peak. This phase is marked by extreme volatility, with rapid price spikes followed by substantial corrections.
Sell volume increases as some investors lock in profits, while others continue buying, believing the bull market has further potential. Consequently, price volatility diminishes as buying and selling volumes begin to balance, amid a backdrop of overconfidence. Many investors may perceive the Fear & Greed Index as signaling Extreme Greed during this phase.
Phase 4 – Correction (crash)
Following the euphoria of the Parabolic phase, the market undergoes a major downward correction. Previous bear market periods have witnessed approximately 80% drawdowns from the peak, with negative price movements lasting for roughly a year. For instance, the most recent downturn saw Bitcoin's price plummet from an all-time high of $69,000 (November 2021) to $15,476 (November 2022).
What maximum price of Bitcoin do you expect this or next year?
I hope You found it interesting. If yes, boost this post 🚀 so others can see it too, and subscribe to stay connected.
Always sincerely yours, Kateryna💙💛
Ethereum on the 6-Hour ChartHello, dear friends!💋
Ethereum's 6-hour chart is currently showcasing a Head and Shoulders (H&S) pattern, one of the most well-known reversal patterns in technical analysis. This setup could signal a potential trend shift, making it a critical moment for traders to keep a close eye on.
What is a Head and Shoulders Pattern?
The H&S pattern consists of three peaks:
Left Shoulder: A rise followed by a small dip.
Head: A higher peak, marking the top of the pattern, followed by another dip.
Right Shoulder: A smaller rise, typically symmetrical to the left shoulder.
The "neckline" connects the lows of the two dips (between the head and the shoulders) and serves as the key level to watch.
Why Is This Pattern Important?
The Head and Shoulders pattern often indicates a shift from an uptrend to a downtrend. It suggests that buyers are losing momentum and sellers are beginning to take control.
How to Trade the Head and Shoulders Pattern
1️⃣ Wait for the Breakout
The pattern is not confirmed until the price breaks below the neckline.
A breakout is typically accompanied by increased volume, which adds credibility to the move.
2️⃣ Set Your Entry
Once the neckline is broken, you can enter a short position (or sell if you're holding ETH).
Conservative traders may wait for a retest of the neckline as resistance before entering the trade.
3️⃣ Measure the Target
The potential price target is calculated by measuring the distance from the top of the head to the neckline.
Subtract this distance from the neckline to estimate the price drop.
4️⃣ Set Your Stop-Loss
Place your stop-loss above the right shoulder to limit risk in case the pattern fails.
If the neckline breaks, this could lead to a significant move lower, presenting a lucrative trading opportunity. However, patience is key—wait for confirmation before taking action. Always use proper risk management, as false breakouts can occur.
Ethereum's price action is heating up, and this Head and Shoulders pattern might just be the setup savvy traders have been waiting for. Stay sharp and trade wisely!
Stay tuned for updates, and let me know your thoughts in the comments.
Sincerely Yours,
Kateryna 💛
A Short-Term Dip to $2 on the Horizon?Hello, dear friends! 🫶Let's take a look at the latest analysis of XRP. Based on the current chart patterns, it seems we might see a short-term price drop to the $2 level before the next potential move unfolds.
Looking at the chart, we can observe that XRP is currently facing resistance at higher levels, with selling pressure keeping the price from breaking out. The structure suggests a potential retracement towards the $2 support zone, which aligns with historical price action and key Fibonacci levels.
This correction could provide a fresh opportunity for those waiting to re-enter the market or add to their positions. However, it’s crucial to watch how the price reacts around the $2 mark, as a strong bounce could signal the start of a new upward move.
As always, patience is key in trading. If the price does dip to $2, it could serve as a foundation for the next bullish leg. Stay cautious, manage your risk, and keep an eye on the updates!
Thanks for Your support, and let me know Your thoughts in the comments!
Sincerely yours,
Kateryna🩷
BTC on 6h chart Hello, my dear friends!🫶 I’m so happy to see You here again! I’m especially grateful for Your feedback—some of You mentioned, that were waiting for me and missed me.🥲 Your words truly touched my heart—thank You so much!😊 I’m thrilled to be drawing charts for You once again; every post I share here holds a piece of my soul. Thanks for Your support—it means the world to me!💋
🔴 We’re currently sitting between a major resistance level (a trendline dating all the way back to 2017) and strong support at 72,000.🔴
The price is at a fascinating crossroads: if the 96–94–93 levels hold and the price consolidates there, we could see a climb toward the significant resistance zone (marked by the pink 🟣 dot) at 107–108k. From there, it’ll be crucial to watch closely—if the price breaks through those levels with ease, a rally could be in the cards.🚀
However, if the 96–94–93–92 levels fail to hold, we’re likely in for a deeper correction. In that case, we could see the price drop to the support zones at 86k, or possibly even lower, to 77k–73k.📉
Thank You for being part of this amazing community—it’s a privilege to share ideas and grow alongside You all. No matter what the charts look like, stay focused, stay patient, and keep believing in your abilities. Success belongs to those who persevere.
Always sincerely yours, Kateryna 💙💛
The cyclical nature of Bitcoin by RB
Hello, dear friends!😊 I present to Your attention a weekly chart of Bitcoin, which includes price action since 2016, helping us to see a more complete picture and forecast further price behavior.👍
Today, let's focus our attention on the cyclical nature of Bitcoin .
The cyclical nature of Bitcoin is a concept based on observing repetitive patterns and phases in its price dynamics.
On the chart, You can see a huge ascending broadening wedge, which I marked in white 🤍. The price has been within it since 2016. 😳 At the moment, it can be assumed that the price is aiming for the upper boundary of this wedge. 🚀
Inside this wedge, I noticed a very interesting regularity, which I'm eager to share with You.❤️
For the THIRD time, every three years, after the distribution phase (marked in orange), the price follows a significant rise of 550 percent, followed by the formation of a descending wedge, which ends with the same distribution phase and subsequent rise.
If we assume that this cyclicality is true and will repeat more, then by the end of this year or the beginning of the next, Bitcoin could reach $160,000.😱
🧐What do You think about this? Is this scenario realistic? What are You waiting for and what are You counting on?
Share Your thoughts with me in the comments!🙏
Thanks for Your attention🫶
Always sincerely Yours, Kateryna💙💛
Bitcoin has been stuck in a triangleHello, dear friends🫶 How are You doing here?
Since February 24, 2024, Bitcoin has been stuck in a triangle pattern, moving only within its boundaries. This is a pattern of uncertainty that can easily mislead traders. The key to understanding the next direction lies in a potential breakout—though caution is advised, as false breakouts can occur. Currently, the price is moving within the triangle towards resistance levels around $67,000 to $68,000. We'll need to keep a close eye on the price action as it approaches these levels.
As for a potential bull run, I don't see any strong signals indicating a significant price increase at the moment. For now, I suggest focusing on short-term prospects and closely monitoring the market's behavior. Let's stay cautious and wait for clearer signs before making any major moves.
Always stay informed and trade wisely🫶
Your Kateryna💙💛
Bitcoin on 2h chart Hello, dear friends! Welcome to my page🫶
Today, let's take a look at the Bitcoin chart on the 2-hour timeframe. There is a fascinating pattern emerging that I'd like to discuss. 🧐
I've drawn long-term support and resistance lines that have been forming since February and March of this year. Today, Bitcoin is attempting to break through a descending trendline. For many, this might seem like a bullish signal, but let's not jump to conclusions just yet. On the 2-hour chart, we can see that the price continues to form a rising wedge, which is typically considered a bearish signal, often resulting in a downward breakout.
At this moment, I see the possibility of the price rising into the blue zone, followed by a sharp decline. To provide a clearer picture, I'll also include a more long-term chart so you can better understand my analysis.
What are Your thoughts? How are You feeling about the market? Where do You think the price will go next? Share Your insights in the comments, I'm looking forward to hearing from You.
Thanks for Your attention💋
Always Yours, Kateryna💙💛
Bitcoin's Symmetrical Triangle Hi friends, whenever I have a moment of free time, I immediately come to share my thoughts on Bitcoin's price movement with You🩷
Since February 24th, Bitcoin has been forming a technical pattern known as a symmetrical triangle, often seen as a sign of market indecision. This pattern is characterized by the price oscillating between converging support and resistance lines, indicating a balance of buying and selling pressures.
Currently, Bitcoin's price is fluctuating within this triangle, gravitating towards the upper resistance line. As the apex of the triangle approaches, the market's uncertainty could culminate in a decisive move. Given the historical behavior of similar patterns, it is plausible that we may witness a sharp price decline soon, potentially reaching levels as low as $60,000 to $58,000.
This anticipated move aligns with the technical analysis principles, where symmetrical triangles often precede significant price breakouts or breakdowns. Traders should monitor these key support and resistance levels closely and consider the broader market context and potential external factors that could influence Bitcoin's price action.
What do You think? What can we expect after the formation of this triangle? It's certain that there will be a strong movement, but will it go up or down?
Thanks for Your attention 🫶
Truly Yours, Kateryna💋
Bitcoin's Next Move: A Surge or a Dip?Potential Scenarios for Bitcoin Price Movement
Scenario 1: Temporary Growth Followed by Significant Decline
In this scenario, Bitcoin's price experiences a moderate increase, reaching resistance levels around $72,000. This level is significant as it has previously acted as a psychological barrier and technical resistance point. Traders and investors are likely to closely monitor this zone for potential profit-taking and market reaction.
After hitting this resistance, Bitcoin might face a sharp correction, driving its price down to the $60,000 - $56,000 range. This decline could be attributed to several factors, such as:
💥A wave of selling pressure from traders locking in profits at the resistance level.
💥Changes in global financial markets or negative news impacting investor confidence.
💥Announcements or developments that create uncertainty around cryptocurrency regulations.
In more extreme cases, the price could even drop to $52,000. This deep retracement would likely shake out weaker hands and create a more robust foundation for future price movements. Such a decline could also attract new investors looking to buy Bitcoin at a perceived discount.
Scenario 2: Continuous Growth Leading to New Highs
Alternatively, Bitcoin's price could break through the $72,000 resistance and continue its upward trajectory. In this scenario, the price reaches and surpasses $73,000, fueled by strong bullish sentiment and favorable market conditions.
Key factors supporting this upward movement might include:
💥Growing acceptance of Bitcoin by institutions and mainstream financial entities.
💥Developments such as ETF approvals, partnerships, or technological advancements within the Bitcoin network.
💥 A positive feedback loop where rising prices attract more buyers, further driving the price up.
Upon breaching the $73,000 mark, Bitcoin could experience a rapid ascent to $88,000. This surge would likely be driven by a combination of FOMO (fear of missing out) among retail investors and strategic buying by institutional players.
Both scenarios highlight the volatility and potential of Bitcoin's price movements. For investors and traders, understanding these possibilities is crucial for making informed decisions.
Scenario 1 suggests caution, as the market might be on the verge of a significant correction after reaching the $72,000 resistance. Investors should be prepared for potential downside risks and consider strategies such as setting stop-loss orders or taking profits at key levels.
Scenario 2 presents a more optimistic outlook, with the possibility of new all-time highs. Investors should stay informed about market trends and news, as these can significantly impact Bitcoin's price trajectory. In this bullish scenario, holding positions or even increasing exposure to Bitcoin could prove beneficial.
In both scenarios, market participants should remain vigilant and adaptive, ready to respond to changing conditions in the highly dynamic cryptocurrency market.
🧐Which Scenario Do You Lean Towards? Share Your thoughts in the comments!🙏
Thanks for Your attention🫶
Always sincerely Yours, Kateryna💙💛
One more short before...
Hello, friends! 💙💛 In recent days, Bitcoin has shown significant growth, attracting the attention of many investors and traders. But are You ready for a possible price drop before the next surge? Let's dive deeper.
On the hourly chart, Bitcoin's price has risen to new heights, but it is now trading close to a key support level. It's anticipated that before any further upward movement, the price might dip to the $60,500 level. This level is a crucial support that could become the launchpad for a new strong upward move.
What Should You Consider?
Support and Resistance Levels: The $60,500 level acts as significant support. If the price reaches and holds this level, it could signal the preparation for a new powerful upward movement.
Historical Data: Historical data shows that such corrections are common before strong bullish moves. This might be an opportunity for those looking for optimal entry points.
Action Plan:
🔶 Monitor the $60,500 Level: If the price drops to this level, it could be a good opportunity to enter the market.
🔶 Analyze the Market: Use various analytical tools to confirm your expectations.
🔶 Be Ready for Volatility: The cryptocurrency market is known for its volatility, so be prepared for unexpected changes.
Let’s watch the developments together! Your thoughts and comments are always welcome.🫶
Thanks for Your attention and support!
Always Yours, Kateryna🩷
Missed fractals? Hi, dear friends! 🫶 Missed fractals? I hope You did, because today I'm going to show You one of them.🤭
A fractal in trading refers to a recurring pattern that can predict future price movements. They play a significant role in technical analysis, offering insights into potential market trends.
In November-December 2020, Bitcoin's price formed a pattern that I highlighted on the chart with a white rectangle. I've enlarged this pattern for you using a 9-hour chart.
By overlaying the shadow of this movement onto the current price formation, we can see that the price is moving in a similar fashion. This suggests that the price might replicate this fractal: if it does, we could see Bitcoin's price reach $62,500, followed by a sharp increase.
Continuing with this observation, it's important to monitor the market closely. If the fractal pattern holds true, traders could capitalize on the expected price movement. However, it's also crucial to consider other market factors and indicators to make well-informed trading decisions.
In conclusion, while fractals offer valuable insights, they should be used in conjunction with other technical analysis tools to enhance accuracy. Keep an eye on the market and stay informed to make the most out of these patterns.
Thanks for Your attention💋
Always sincerely Yours, Kateryna💙💛
Bitcoin can reach 62kHi, friends! Are You scared, that Bitcoin is falling?
I think we're being given one last chance to buy at a discount before we embark on an exciting journey called the bull run!🚀
I'm expecting, the price can reach levels of $62-63K, so I'm buying and buckling up.😂
Are You with me?🫶
Do You think Bitcoin is going to the moon soon?
Thanks for Your interest in my charts and staying with me🩷
Sincerely yours, Kateryna💙💛
Is Bitcoin Preparing for a Bull Run? Hello, dear friends!💙 Bitcoin has started to show a decline in price, even though other markets are experiencing growth.
Despite the current price decline, Bitcoin's behavior closely mirrors the patterns observed before previous bull runs. Analyzing historical data, we can see that Bitcoin often undergoes a phase of consolidation and accumulation before significant upward movements. This phase is characterized by narrowing price ranges and reduced volatility, often forming technical patterns like triangles or flags on the charts.
One of the key indicators suggesting a potential bull run is the breakout from these consolidation patterns. In the past, when Bitcoin has broken out of a well-defined triangle or flag pattern, it has often led to substantial price increases. Currently, we are observing similar behavior, where Bitcoin appears to be consolidating and forming a base of support. This base-building is crucial as it allows for the accumulation of buying pressure, which can propel prices higher when a breakout occurs.
It's important to acknowledge that Bitcoin's current decline could be part of the larger consolidation phase, potentially shaking out weak hands and setting the stage for a more robust recovery. Such pullbacks are not uncommon and can often precede stronger bullish momentum as the market stabilizes and regains confidence.
Moreover, market sentiment and external factors play a crucial role in the development of a bull run. Positive news, regulatory clarity, or institutional adoption can act as catalysts, driving investor confidence and increasing buying activity. With the macroeconomic environment showing signs of stability and other markets experiencing growth, Bitcoin's current consolidation phase might just be the calm before the storm.
Pay attention to the price formations I've circled in yellow and pink, and notice how the price reacted afterwards.
In conclusion, while Bitcoin is currently seeing a price decline, its behavior still exhibits patterns that have historically preceded bull runs. If this trend continues and we see a confirmed breakout from the current consolidation phase, it could signal the start of another significant upward movement. Investors should keep a close eye on key support and resistance levels, as well as external market factors, to position themselves advantageously for the potential bull run.
Thanks for Your attention and interest in my work.
Always sincerely Yours, Kateryna💙💛
BTC $ 255 000 this BULL RUN?Hello, everyone!💥
Today, let's talk about Bitcoin and its prospects for the coming years. What should we expect? Let's compare the two previous bull runs.
To start with, every four years, the reward for Bitcoin miners decreases, a phenomenon known as halving.
Why is everyone so waiting for halving? Well, when the next halving occurs, miners receive half the rewards, reducing the speed of new Bitcoin mining and consequently lowering its inflation rate (devaluation).
No one knows for sure what will happen next time, but it's worth making predictions based on the history of previous years. Especially since it's very transparent and repeats itself time and time again.
Let's take a look at the chart I've prepared for You.🧐
On the chart, I've marked two wedges, which I've colored white. The blue arrows indicate the regularity of three-year cycles. This is the time it takes for these channels to form and the regular way they break out.
After the breakout, the growth percentage is approximately the same ~550%.🚀
Assuming that the breakout occurred last year, from the $40,000 mark (the price has already corrected as it has done every time before - orange circles), and the growth will be like previous times, theoretically, the price in this bull run could reach the $255,000 mark.😱
🧐Do you believe in such growth? Are you concerned about the situation in the world? Share your thoughts in the comments.
💡I also wanted to share my previous chart with you. Perhaps you'll find it interesting.
Thanks for Your attention!
Always sincere with You,
Your Kateryna🫶
Bitcoin 2020 vs 2024Hello, me dear-dear friends! Today, I have prepared a comparison chart of Bitcoin's price formation in 2020 and 2024 for You.
We can see a very interesting pattern on the chart! Specifically, after forming a triangle, the price broke upwards and then halted its ascent, starting to accumulate right at the support level.
That's an excellent signal, in my opinion.🚀
In the near future, we might see either reduced volatility in the market or a sharp upward surge, depending on market sentiment!🤞
Yesterday's chart is also useful, and I highly recommend You check it out :)
Thanks for Your attention and interest in my work🫶
Sincerely Yours, Kateryna
Could Bitcoin be worth $600,000?😱Hello, friends!🫶 Could Bitcoin be worth $600,000?😱
🧐Today, let's take a look at the weekly logarithmic chart of Bitcoin and try to identify similarities and patterns in its movement to discuss the future price development.
I've highlighted support levels with green 🟢 lines (looking at the overall chart, these levels represented accumulation zones for future growth), and resistance levels with red 🔴 lines (where bullish trends typically ended).
💡 Pay attention! The lower support line was touched twice in 2015-2016, and the next time this happened was in 2023-2024! Looking at the chart, it strongly resembles an accumulation zone!🔋
Could there be a longer cycle?🤩 Let's say, not a 4-year cycle (from halving to halving), but a cycle lasting 10 years? Could Bitcoin be worth $600,000?😱
I'm so interested to hear your opinions and expectations for the upcoming halving and the following year.😏
The world situation is worrisome and doesn't inspire optimism.😔 But if we remember the times of the coronavirus pandemic, then similar sentiments prevailed.🤪
What are your expectations? Let's discuss!😇
Thanks for Your attention!
Sincerely yours, Kateryna💙💛
Altcoin Market Cup 🚀 up to $3T 🔥Hello, dear friends! 👋🏻 Take a look at what I've prepared for you today!
💥 Coin Market Cup (Total3 - excluding Bitcoin and Ethereum) 💥
The chart displays the total market capitalization of altcoins.
What can we see here? At first glance, the cyclic nature of price behavior is striking! 🧐By overlaying several Fibonacci tools, we clearly see the potential!🚀
It can confidently be assumed: the altcoin market is ready to surpass the $3 trillion limit by the end of 2024. Sustainable cycles, demonstrating repetitive circular motion, confirm this confident forecast.
What we've seen confirms not only the technical component of the market but also its fundamental aspects. Repetitive cyclical movements serve as an indicator of structural changes in investment behavior, reflecting a wave of interest in alternative assets. This signifies growing confidence in the altcoin market and its important role in the global economy.
What can You say? If you found it interesting, stay tuned for more updates and subscribe to stay with me!🫶
Thanks for Your attention
Always sincerely
Yours Kateryna💋
Moon is near 🚀Hello, everyone! 🩷Have we finally made it? Is Bitcoin really about to surpass all previous highs? 🙏We’ll find out very soon, and I think it’s quite possible! Fingers crossed! 🤞
Bitcoin is rapidly gaining momentum, and this is a great signal that we are on the right track!
Many of you have seen my chart where I analyzed some price movement algorithms, and we are currently continuing the growth phase. For those who haven’t seen it yet, make sure to check it out by clicking on the post.👇
As for the current situation, what do we see on the chart?
The price broke out of the triangle upwards and tested it, indicating an organic movement, followed by further growth.
What can we expect next? We anticipate continued growth to levels of 🟢 74,000 - 78,000 in the short term, and in the medium term, 🟢 82,000 - 87,000!
If You’re also interested in learning how to trade the triangle pattern, You can find a detailed description in my post below. Learn and trade smart! 👇
Thanks for Your attention🫶
Always sincerely Yours, Kateryna💙💛