Bitcoin Analyze (Short Term, Timeframe 4H,12/01/2022)!!!It seems Bitcoin can make a bearish AB=CD Harmonic Pattern at PRZ (Price Reversal Zone) & TRZ (Time Reversal Zone) & near the trend lines.
I expect Bitcoin will go down at least to support line again.
❗️Note❗️: if Bitcoin can break the trend lines and PRZ, after that, we can expect bitcoin goes up to the resistance zone.
Bitcoin Analyze ( BTCUSDT ), Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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XBTUSD
BTCUSDT broke above trendline, more growth expectedBTCUSDT
price broke above short-term trendline. after a correction if price continues to hold above support I expect the price to move higher towards the next resistance..
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Bitcoin | Seems like Ready for Relief Rally..!!#Bitcoin
Bitcoin is forming Falling Wedge in 1D timeframe Chart.
Seems like Bitcoin is Bottomed out & Ready for Relief Rally Towards the 18,500
Remember that Bitcoin is not out of Woods Yet, Bitcoin Bulls Need to Clear the 18,500 Resistance to Confirm the Falling Wedge Breakout.
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btc 11-26 updategm
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i've been trying to figure out a way to finish the count at 13\14k, but the structure just simply will not let me.
so i'm proposing an expanded w5 to finish the count between 11~7k.
that might seem low to some people, but when you zoom out - it's just a little ripple in the ocean.
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the final capitulation phase in crypto generally see's the hash-rate crash through the ground,
the weaker btc miners go insolvent,
and most of the major players who were not prepared for this \ who were over-leveraged, simply just fall off the grid.
it can be easily avoided,
by not being in the market at this time.
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ps. i could be wrong about the bear case - so refer to the bull case if you're on the other side.
👇
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and if you've made it this far,
just know that it's always darkest before dawn.
👇
🔺
New Long 2023 Forecast - Permabull versionLooking back at 2022 we went through a lot of consolidation in price as well as in time, which means we can expect a better performance next year. Nothing is guaranteed yet and we need more data, but based on the past performance we predict something big for 2023. Leverage for swing trades should still be avoided due to different on-chain reasons in addition to Mount Gox bitcoin sell-offs and other centralised factors.
UPDATE: Bitcoin will crash below $3k and MSTR will be bankruptUpdate to my previous posts.
Bitcoin finished the last impulse of a 11-year bull market in 2021 with a multi-month distribution.
Now we are in a mark-down phase in a bear market that has never been seen before.
Price is below MA200 W1, MA200 D1, below strong support of ATH 2017.
In the beginning of November we have finished a running triangle and impulsive wave ensues which was jump started by FTX and Alameda going bust.
It's only a matter of months that price will crash below $3k many more players will go bust and MSTR equity will be wiped out.
All bull market stars will fall down starting with Saylor of MSTR.
3.14 Significance and MarchOn the one-month chart, I have highlighted a two-year bull run on Bitcoin compared to the NASDAQ during 1998-2000. It is interesting to note that March has always had fascinating price action; price will generally pivot or form a bottom or top at these price levels. The significance of Pi is evident even on a calendar.
Bitcoin's rise and fall parallel the Dot-Com Bubble more than ever, with insolvency being the last stage of confirmation. We can expect a much longer bear market ahead of us. A major bull run will not return to the market until a longer term of stability is reintroduced.
Although we can see exponential moves up, a real bottom can take a couple years. A linear chart highlighting March on the NASDAQ is shown for comparison.
I’ll allow the readers to form their own opinions.
Bitcoin Bear Case.Dang, i really didn't wanna share this - but i feel it could be important.
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there's a serious bear case to be made here,
one which is literally other-worldly.
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a picture's worth a thousand words,
so perhaps i'll let you decide.
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ps. this is not my primary, just a backup - in case something really weird happens in the days ahead.
btc 11-18good afternoon,
really quick update for you guys.
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lot has happened over the last few weeks, but things are starting to slow down - which is a good sign for the bull case.
i initially gave you guys this setup before i left on my vacation, and we've been slowly but surely coming down to my level.
check out that post via:
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overall, next week is the new moon, thanksgiving day, fomc, and more.
might see an anticipatory spike, followed by the final capitulation .
after which, IF all goes well, we should theoretically be able to see a significant reversal to the upside-
emphasis on the word IF.
Bitcoin Analyze (Short Term, Timeframe 1H,11/18/2022)!!!Bitcoin made a Symmetrical Triangle near the PRZ(Price Reversal Zone).
I expect Bitcoin can go up at least to the upper line of the triangle after I saw the Morning Star Candlestick Pattern near the lower line of the triangle.
Bitcoin Analyze ( BTCUSDT ), Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Expecting more pullback in BTCI wouldn't be surprised to see Bitcoin continue to pullback, especially with how aggressive the most recent sell off is. We'll see how price responds if it makes a new high, but I wouldn't expect a full reversal just yet if we get one. Price is hinting at creating new relatively short term (M15 + H1) highs. But also be prepared for further intraday pullbacks. We'll see what tomorrow brings us, but based on a WXY wave count as well as strong responses in PA, higher prices in the short term seem very likely to happen.
Bitcoin Analyze (Short Term, Timeframe 15min,11/18/2022)!!!Bitcoin is struggling to break the resistance zone.
It seems that with the 🌟Shooting Star🌟 Candlestick pattern that was created, this attack has also failed, and Bitcoin will fall back to the support zones.
There is a possibility of creating a 🗻Double Top🗻 Pattern after breaking the trend line.
❗️ Note ❗️:If Bitcoin can break the resistance zone, we expect a bullish scenario(at least to $18150).
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Flipping Bearish Short-Term Bias on BTCWhile originally expecting more pullback on BTC to the upside. It's becoming more evident that BTC is rounding out at the top of this up move. More and more signs are coming for lower prices. So While i expect price to move a bit lower now, higher prices are still a possibility. This is an odd range, and I'm willing to be wrong due to the nature of that.
With some divergences and elliot wave counts to be showing price as bearish, i'm not sure it stretches past the low from the 9th quite yet.
Bitcoin Analyze (Short Term, Timeframe 1H,11/14/2022)!!!Bitcoin completed wave B after a fake break.
I expect Bitcoin will go up to the resistance zone & trend lines to complete wave C.
Bitcoin Analyze ( BTCUSDT ), Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BITCOIN VS STOCKS - BOTTO TIMINGLately stocks look better than Bitcoin but it can be missleading.
It's normal that crypto can bottom faster than stocks, as we can see we can be near the bottom on crypto but it can take several days for stocks to bottom, like it was two of the previous times.
Nevertheless if Botcoin will nuke once more and stocks will dive in next days it doesnt mean that BTC will fall more.
Bitcoin Analyze (Short Term, Timeframe 15min,11/11/2022)!!!Bitcoin is running near the lower line of descending channel and inside PRZ(Price Reversal Zone).
I expect Bitcoin can play two scenarios here, and it can go up and break the descending channel and reach to resistacne zone for the second time.
In another scenario, Bitcoin goes up to the upper line of descending channel and then back from that zone to PRZs.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
11-10 btcmornin,
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nice pop overnight, as expected
next move will surprise the majority yet again.
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theorizing one more low, to create a bullish divergence, stop out late longs, flush out over-leverage, get the bears to average down, get late bears to fomo, backtest the bear channel, and complete the correction at 13k before seeing one of the largest short squeezes of our lives.
✌
Bitcoin Analyze (Short Term, Timeframe 15min,11/10/2022)!!!Bitcoin was able to make a Double Bottom Pattern near the PRZ (Price Reversal Zone).
I expect Bitcoin will go up at least until my targets after breaking the trend line.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.