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What is the lowest possible price for bitcoin?Ask yourself what is the lowest possible price for bitcoin? 20000? 15000? Theoretically, the price will be - 0. I'm not saying that there will be such a price, but if there is a panic in the market, keep this in mind. By the way, how much is Terra Luna now? Keep in mind that bitcoin was worth exactly zero at first. And the correction will probably drag closer to that number as well. You may start to panic. In May 2010, 10 thousand bitcoins were equal to $40-$50 (an American bought two pizzas for 10 thousand bitcoins). That is, a person sold 10 thousand bitcoins and he actually just gave them away. It is clear that not all of his bitcoins. Perhaps he had 100 thousand bitcoins and he did not feel sorry for selling them. That is, there are people who have a bunch of these bitcoins. Many years have passed, but in fact nothing has changed globally, everything except the value of bitcoin. I can't take and buy anything with bitcoin, there are just a bunch of people who want to sell it for more. I took 2009 as a starting point and drew trend lines from zero. At first, we don't have prices until we sold two pizzas for 10,000 bitcoins. Then the price started to rise sharply. As you can see, each subsequent wave of the trend has less strength. In fact, if you look at the real from afar, bitcoin has not yet hit the real bear market, where the next wave will cover the bottom of the previous one. But as the trend fades, it can happen and the next wave could rewrite the 3000 low. Perhaps this will not happen and bitcoin will hold the 3000 level or be higher than it, but look at the trend. Looks like waves 1, 2, 3 are fixing now. Now look at the volume in 2015 and 2020-2022. Someone is now quietly fixing and distributing bitcoins, At the same time, there are no serous purchases and panic sales. Everything is still ahead!
BNC:BLXShort
by John_Wayne
4
BTCUSDT 3 day Hello friends This is a general analysis that gives us a broad view of market conditions. If we look at the RSi as well as the MFI, we see that after almost three years, we have reached the saturation zone.This is not good in the long run because these saturated areas have to change and this creates a price trap. Also, the current price area has been touched about three times, but it has never been saturated. If we look at Elliott Waves, we find that we are in a medium-term period in which prices are correcting (But in my opinion, in the long run, we are still in wave 4) Also, when the price of the historic ceiling broke $ 20,000, we did not see any touch again and pullback (Goodbye kiss) So in general we are still in a small cycle in a downward trend and a price correction of up to $ 33,000 to change saturation zones is likely. And this will create a phase change trend. So it is possible that we will see an unexpected correction up to the price of 33k. And we will find out when the price really intends to return to higher ceilings, which will stabilize the price at 35 before falling to 24. This will be a lot more scary and confusing, because the pullback will still be $ 19,000. Share your comments and questions with me under this post and also support me by liking
by aliasadii
EGLD/USD latest updateA correction of a smaller degree is about to end in EGLD/USD once the ascending triangle ends, forming the wave E on the downside. We should see an upside soon after. I believe that, on a bigger degree, we have a bigger impulsive Wave 1 forming on the upside, after which a correction inevitably will follow. This analysis does not represent professional and/or financial advice. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content found on this profile before making any decisions based on such information.
by YExplore
S&P 500 Wave Analysis. As for wave deep analysis for FX:SPX500 we have the following: Monthly wave: s3.tradingview.com We are currently at exact middle of the wave and bounced pretty hard from it. Also this is our first monthly pullback to the wave since 2020. Watch for lower timeframes before entering trades. Our monthly targets for long would be 5450 if we continue growing to the upside. Weekly wave: s3.tradingview.com We switched trend to downside, after pullback we did reached our targets and currently in their zone, that means upcoming week we can get a movement back to the wave, before continue movement downwards. Daily wave: s3.tradingview.com We did hit support level at 3893 area, being our targets also on weekly timeframe, it played cool as a support showing us possible pullback to the wave as well. 4hr wave: s3.tradingview.com Despite being at targets at higher timeframes, we still have space to go lower for targets at 4hr timeframe. Having interesting two last days of the last week tells us about more action coming this week, as we ended bringing price right back up to the 4hr wave, with nice pullback after being over extended at 30min and extended at 4hr. 30m wave: s3.tradingview.com As for 30 min, we have a support area being broken and becoming a resistance. Trend downside, then it got a retest few times Now we have to wait for signals and confirmation from VSA as well as from Wavez and we are ready to trade it. Conclusion We have a strong support a monthly trend wave, but as we havent touched it since 2020 it should be broken. From weekly to 4hr we have downside trend reaching targets, whose, probable will continue being reached. Possible market movement this week: Short. PM me for more deep analysis, help with trade and more ideas.
FX:SPX500Short
by SergienkoDaniel
[ALTCOIN] WAVEUSDT TREND LINE ANALYSISHello, everyone We're a team that specializes in chart analysis We will always analyze and provide you with charts to help you sell There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong. If you read the point of view and get to know the line, every line will adjust Thank you. ------------------------------------------------------------------------------------------------ Chart Analysis Content - It is a very dangerous coin. It is very similar to Luna Coin's personality. If you want to invest in this coin, let's see when the candle reaches 8.35. And you can think of long or shot.
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by BIT_INVEST
PSLV silver ETVNot much else to say except a buy zone near 3200 and .382 chosen from % Target for $PSLV is 31$ .... Sprott etv's are heavily weighted to the price of silver, which for decades has been accumulating in extremely complex impulses and wxyxz corrections. The book that I learned wave principle from contained a late 1970's prediction based on the massive abcdefgh...... triangle that had been forming a failure to break the green 200ma would be my indication that it's actually time for silver. None of this has to do with anything you think you heard anywhere else about silver. You don't need to know any of it to understand that any chart can be traded 100% on technical analysis on any time frame... The price of silver has hardly ever spent time over 15$ in its lifespan, and expect it to stay at this price level for an extremely long time in order for these patterns to complete
AMEX:PSLVLong
by williamdas
1