this is monthly chart and has some important things for usI think everything is clear on the chart,
$ 13.8k and $ 10k are BTC's next supports based on previous price action history.
please tell your opinion in comments,thanks
BLX trade ideas
BITCOIN long term viewThis formation is in my private Ideas since 1 Year and looks like its performing well untill now.
This one confirms my other idea, uploaded earlier today.
To be honest, cant find another outcome at the moment. Be cautious, there will be some more dumps and distribution untill April.
- this is just my opinion and no investment advice
Bitcoin - BTC Trix indicator❌Bitcoin
We see a momentum drift on the TRIX indicator sponsored by FTX misery🚨
If BTC gets more bearish pressure the indicator points❌might get in the support zone again - unlikely IMO
Stay long-term BULLISH dear Crypto Nation😉
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
if we bounce its in Februaryif bitcoin bounces it's in February.
i say "if". only if tether starts printing and china starts buying again, if they don't we keep going down
A Bottoming Scenario #BitcoinProbabilities that we are closer to the bottom than the top.
One final capitulation pushes lower to force sell even the most convicted hodlers.
Timing is + or - a couple of months
Feedback welcomed
Bitcoin: Massive Logarithmic Curve Chart is self explanatory. I can see a low of around 13k - 15k with the next top around 120k - 150k.
This sell-off took many people by surprise. This is mostly due to the federal reserve and monetary policies, but don't panic.
BTC vs. GOLD: Did we get a signal on May 18, 2021 ?Did we get a signal on May 18, 2021? We will see it with certainty a little later, if the blue moving average line should change sides and cross the yellow circle, but for now it almost looks like it.
History of signals (yellow circles) generated so far:
26-Aug-2011 sell Bitcoin, buy Gold
19-Feb-2012 sell Gold, buy Bitcoin
16-Mar-2014 sell Bitcoin, buy Gold
29-Sep-2015 sell Gold, buy Bitcoin
09-Mar-2018 sell Bitcoin, buy Gold
06-Apr-2019 sell Gold, buy Bitcoin
26-Sep-2019 sell Bitcoin, buy Gold
12-May-2020 sell Gold, buy Bitcoin
18-May-2021 sell Bitcoin, buy Gold?
BLX: What's the worst case scenario? Zero, but if crypto does collapse, everyone including myself will learn the the hard way it's not easy to get rich quick. That being said, taking a look at the weekly timeframe Bitcoin just got a violent bounce off the weekly logarithmic regression bands, and another bounce off the .236 fib level of the pitchfork.
Regardless, losing the 1.618 fib is a back breaker for the bulls, and should open the trap door for capitulation. There are bullish divergences, but it's not off a significant fib level, VPOC, or support, so I don't believe the bottom is in yet.
Every bitcoin bear market, Bitcoin has wicked or overshot the lowest bound of the regression bands which is currently at $11,000. In August 2015, bitcoin did overshoot the regression bands to a tune of 27%. Applying that to today, the absolute lowest bitcoin could go based on historical data is ~$8,000. 2.618 fib extension so happens to be near $8,000 as well.
LTF:
SPX is close to topping imo, if BTC can get to $17,000-$17,200, Golden Pocket + Volume Liquidity Area, that will be a good short imo.
Not a big fan of on chain data, but the number of wallets holding 10+ bitcoin is increasing as the price of bitcoin is decreasing, so that's interesting to note.
I still have my eyes set at the golden pocket, 100M MA, between $10,000-$12,000. The most amount of consecutive bearish monthly Heikinashi Candles bitcoin has ever notched is 14 months. We are currently in month 12 with November ending in a few days. Now is the time to start paying attention to crypto full time.
WAVE THEORY IN BITCOIN CYCLESit implies in bull cycle as 1-2-3-4-5 between this point at 1-2 drop(fear or pain)< 3-4 drop (fear or pain)
it implies in bear cycle as A-B-C
POTENTIAL BTC BOTTOM IN RANGEWith sentiment at near record lows, and the capitulation we have seen, we may see the bottom in the next few weeks or so. We have a nice confluence of weekly support levels that coincide with the primary trend.
Bitcoin to 4000 USDIf on 20 Novembeer will be same sentiment then we getting 4000 usd, maybe 3300
I would say if 15500 was't bottom then we have to prepare to 4000 approx
In terms of probability safer to catch 4000, if you taking margin trade just wait weekly candles and etc.
Bitcoin - timing scenario percentage🔵and time⚫️Bitcoin
Using RSI & SMA delta Indicator by MarcoValente (changed settings)..
.. BTC might be on the outlet of the bear market
Using the average of pre-gains in percentage🔵and time⚫️..
..we might have to be more patient dear Crypto Nation
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
COVID crash anomaly = BTC 2021 double top anomalyThe 2021 BTC double top anomaly is in my opinion a result of the covid crash in 2020.
Double tops are rare.
This one was the first of its kind for BTC. (gladly correct me if I am wrong)
The double top of BTC on 2021 ended on an almost clean close at the 2.272 fib level.
Most of people in the space know what this fib level represents.
The next bull cycle top is shown on the chart, that said IF we bottom at the current levels.
-Hall
BTC Fib retracementLooking at this the final drawdown of BTC did not occur until we had gone back below .786 using the Fib levels from market bottom to the market top of the prior cycle.
I expect us to be nearing the crescendo of this cycle. We could still go lower But I believe this is cause to begin paying attention. Accumulation zones are beginning to form.
BTC FibLooking at this the final drawdown of BTC did not occur until we had gone back below .786 using the Fib levels from market bottom to the market top of the prior cycle.
I expect us to be nearing the crescendo of this cycle. We could still go lower But I believe this is cause to begin paying attention. Accumulation zones are beginning to form.
BITCOIN - Bear Market about to endAs with every bearish cycle, panic is reigning in the crypto world right now. And for this very reason it seems appropriate to make this analysis that, hopefully, will shed a ray of sunlight on the fearful ones. Since there is a lot to work with, I will divide the analysis into 3 parts (please note that this is macrocyclical trend analysis but fundamental analysis has not been considered).
The material in this publication has no regard to the specific investment objectives, financial situation or particular needs of any viewer. This publication is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies or any related financial instruments. Nor should any of its content be taken as investment advice. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this publication are subject to change without notice.
1) Cycle Duration: Bearish cycle & Bullish cycle
2) Bear cycle bottom & Current bear market correction
3) Bull cycle top & Next bull cycle gains
1) Cycle Duration
Bearish cycle : If we measure the duration of the previous bearish cycles, we can see that the 1st cycle lasted around 150 days, the 2nd cycle lasted around 640 days, and the 3rd one lasted near 820 days. If we average them we can estimate a duration of 550 days for the current bearish cycle. As a result, we can infer a high degree of probability that we'll touch the bottom within the 4th quarter of 2022.
Bullish cycle : If we measure the number of days between the maximums of each cycle, we obtain an average of 1180 days. With this result we can infer that the next cycle top will be around June 2024. On the other hand, measuring the duration of the bullish cycle of each macro cycle, we obtain an average of 600 days per cycle. Which allows us to forecast that the next bullrun will be between the 4th quarter of 2022 and the end of 2023 1st semester.
2) Bear cycle bottom & Current bear market correction
Bear cycle bottom : The first bitcoin correction was about 93%, the 2nd one was near 85%, and the 3rd one was arround 83%. On average, bitcoin corrections have been reducing by 5 points per cycle, so we can infer that the current correction can reach approximately 73%. The price bottom we obtain with these calculations is roughly $14,000
3) Bull cycle top & Next bull cycle gains
Bull cycle top : As in all markets, as the market capitalization of an asset increases, the amount of money that needs to be injected to produce a significant price movement also increases. Therefore, in percentage terms, we can expect the profit level of the next bullrun to be lower than the previous one. In total terms, the 1st bullrun saw a rise of around 52,000%, the 2nd bullrun rise was close to 12,000%, while the 3rd rise was close to 2,000%. With this movement patterns it's fair to assume that the gains porcentage will be lower, so we infer gains of up to 1,000% for the next bullrun. The price top we obtain with these calculations is roughly $150,000
I hope you enjoy this review and found it useful. Or, at least, that this helps to give that little push needed for trend reversal.
Cheers!
Long BTC Judging by the trends of upward and downward market limits on the two most relevant cycles for BTC we can gain new perspective on upward and downward limits in the future.
#BTC Log Growth Curve I made this a while ago and I thought I posted this but I guess I didnt but Log growth curve for #Bitcoin #BTC that hasnt broken or at least not yet
The Bitcoin Experiment!First off I want to say, don't take this as gospel. This is a chart to follow bitcoin and plot it's path using math and it's trend patterns to date.
The time sequences from a factor of 1.4, 1.5 and 1.6 are what the math shows me
1.4 Multiple being the trend from establishment (support) to trend end
1.44 Multiple is the breakthrough to the trend end
1.5 Multiple is the breakthrough to peak (Shaded area)
You follow chart this until it's voided
1.6 Multiple is from peak to peak (Long Green arrow) This math is using the second peak in November 2021
1.3 is the multiple using the first peak in April 2021 (shorter green line), which puts the second parabola and final top of the trend in July of 2031.
History might not repeat exactly but it does seem to follow the patterns fairly closely. Using math sequences we might be able to figure out approximate moves fairly closely.
For this chart to have present or very near timeline validity, the next few bars should push up against the blue line as resistance just as it did on the red line in 2014. So, Let's wait and see into December to see what happens.
The blue and red regression trend shows a similar pattern with three waves down until the final plunge of the trend line break through.
If accurate, this chart can help you navigate through the Bitcoin timeline, as it can help you see what stage it is in, or at least to get a better grasp of the moves.
Please feel free to comment your thoughts below
Thank you for looking
WeAreSatoshi
Stay Blessed!
BITCOIN Elliott Waves (the new Bullish Cycle coming Soon)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
I believe that we are waiting for the final growth for the coming decades - the last chance to make money on the crypto.
Wave and other analysis techniques allowed us not only to predict this growth in advance, but also to set a target of approximately $250000.
And the critical level for the count is just below $14,000. Now these levels can be used to take a long investment position.
Target for wave 5 OF (5) - it's zone 220-280k$.
cancellation of scenario - cosolidation under ~13000$.
Even if something went wrong(I put 10% on it) atleast im sure that we will see roolback in zone ~27-29k coz there we have gap on CME.
Summing up, I think that now is the best time and entry point into a long-term investment and the best chance to earn a fortune over the next 3-4 years. Dont miss it.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Bitcoin - Yearly OpensI know, BTC is a new asset class and we shouldn't take the yearly timeframe into consideration, but just to mention that 28.9K is the yearly open. Maybe we would find a bottom at this region.
Next open would be 2018 at 13.8K (2019 touched and it got rejected badly). Another area where price could pullback is the 19.7K region. It would make an SR Flip
just pure speculation
$ 3.200 as bitcoin bottom (open for discussion)In a few words: This alternative scenario for BTC is mainly based on log-fib relationships. According to it BTC is in wave (4) of its major cycle which would have a high probability to end around $ 3.200. In this case wave (4) would reach the 0.382 (log) of the length of wave (3) which happens to be the exact bottom of wave iv.
Please note, this is just an alternative scenario. No FUD intended and mainly directed to other EW-analysts.
Open for discussion.
