Bitcoin to see $20k soon?As charted.
Not selling anything, so no need to convince anyone.
Stay tuned for my new blockchain critique / education platform launching soon.
BTCEUR trade ideas
Stay on target.....Hey wonderful person!
The trade boxes that I drew last post are still into play and been tested, but I added just one new trend line that is going from October 2020; that shows we are still holding that same trend line....barely!!!
Stay safe out there, and dont be greedy!
BTC/EUR is up to somethingThe publishing shows BTC/EUR on a weekview. First the facts; it has not shown a strong comeback after 2 weeks of going down. The higher lows and lower highs implicate that something is on its way.
So far the facts. Now the million dollar question; what is it going to do next? Zooming out gives you overview, to look at the present trend. The present sideways movement looks like the market is waiting for an external input, like for example news ( positive or negative ), to make the decision for us.
Without external news: if it does not want to go up, than it will probably fall, since in the end, there are only 2 tastes available. I think it is not ready with the downfall yet, the red candles show a too strong signal on a weekview.
Time will tell if Im right. By the way, a downfall might not last very long, since there are simply too many people with too much money burning in their pockets :)
So you are all invited to let me know what you think of my review.
Greets, R.
BTCEUR Triangle BreakoutFacing a neutral triangle we are all quite afraid of a possible Bear market in the making. But should we really be fearful?
Bitcoin have crossover from moving average 21 & 50On the 8 hour timeframe maybe bitcoin shall have a crossover from the 21 moving average and the 50 moving average.
Bitcoin can going up again.
Don't forget to push the like button. Thank you.
BTC: BUY or SELL? Elon is a party pooperSome crazy moves in crypto lately... Not sure what to expect, what are your thoughts? Any feedback or info would be nice! I am ready to convert to stable coins :D
BullBull Rally Starting.
**It is not the recommend stop loss** SO RISKY!!
Apparently, bear market could be finished.
Just on the trend line.
What crash? 5 days of going strongAnyone bought the dip as well and made another 15% of profit?
#CorrectionNotCrash, not a crash. It's normal when all of a sudden you have institutional investors pouring in and the old bunch safeguarding their profit. It's not even volatility, it's just like any business coming to a market and making their company a success.
ELON MUSK HYPE - " Its a bit expensive - its not green enough" Musk wants MORE Bitcoin - thats obvious - earned more from Bitcoin than cars !!! - so what does he do ? Knock the price . .will silly off-the-cuff rubbish - DOES ANYONE BELIEVE THE RICHEST MAN IN THE WORLD DIDN'T KNOW BITCOIN BURNS ELECTRICITY - BULLSHIT! . .he and his friends wan t you to sell . .CHEAP !!!!...up and up Crypto IS going - thats 100% - Ignore the hype - most Chinese /Indian Officials are corrupt and also want cheap Bitcoin . . Ignore!!!
Options expiration Friday 28.May (buy <25k, sell >36k )Fridays(option expiration): Its not every month it goes down.
Seems to correlate with the trend.
When negative trend > it has cone only 10-20% down.
So max down is -20% around expiration day (since 2-3 years).
Exceptions below.
Looks like the 25kEUR level can be touched
(in May, latest 11.June)
-> worse case 18kEUR
(that is -40% from this moment)
-> reversion next level 36-37kEUR
... 15kEUR will not go there,
Exceptions (continue downtrend vs. reversion)
- Mar2020
- Sep2019
- Dec2018
- May/Jul2018
- Dec2017
(crash, Jan18 dropped -40% in 30days)
What you think?
BTC mid predicton for 2021.05.28Sorry did not have time to publish it, pls look for tp1 maybe tp2 for resistance (white lines)
BTC to 40k€ ?25 April BTC was all time high , then BTC price drop down from 54k€ to 39k€ in few days ( 14 April to 25 April ) for too many reasons like ( decrease hash rate , weak hands , bad news , Elon effect , China decisions and so on )
in 26 of April BTC price start going up again before it starts to crash down in 9th of May
12 May a head and shoulders was confirmed 40% crash down was expected and it happened in few days ( 12 May to 19 May we were in the downtrend )
21-22 of May a left shoulder
23 Of may we see the head
25 was the right shoulder confirmed
are we going to 40k€ soon!
BitcoinFalling Wedge pattern, soon we will see bitcoin going up and then can bouncing back to a new support
Short termNot financial advice.
Support and resistance lines combined with a bearish view. End of September should be better for Btc.
BTC mid predicton for 2021.05.24Finaly we are seeing a break trought from a long resistance. if you are on the side lines, and afraid then wait on the 1 hour to confurm with a full candle above the line
