BTC medium term projection I am showing what I see as a medium term possibility for BTC using Fibonacci and Elliot theory to project out in time if the cycle remains as is.
This is for my records and not financial advice.
BTCEUR trade ideas
Final Standwe need these 2 line's to Hold or risk a Free Fall and lose a uptrend from December on the euro btc chart 1H
Bitcoin is in a uptrend channelBitcoin is in a uptrend channel
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W-pattern for bitcoin Price prediction : 49800W-pattern for bitcoin Price prediction : 49800
Bitcoin is still in a symmetrical triangel.
Bitcoin get out of the triangel but it's now back in the triangel.
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Bitcoin 4hr chart Potential next move.From the chart, we have just broken up from the previous All time high.
As can be seen we are about to come upon the 3 Fib level. ( This Fib level is from the beginning of trading back in 2009)
Once the 3 Fib Line is broken , its off to the extimated €61K 'ish mark before it sees any further major resistance.
Caveat , whales could come in and destroy this hypothesis by dumping coin .
On the long range plan, we could see price retrace to €40K before moving to €61K .
This is not financial advice , just my reading for the potential of an upside and downside in the short term future, (26th Mar - 02- Apr 2021)
Bullish outbreak to come?Faling wedge and in combination with s2fx bullish outbreak to be expected ?
2021.03.23 - BTC predcition 12 hoursDISCLAIMER
Please be aware that I own a diverse cryptocurrency portfolio as I want to remain open and unbiased to the cryptocurrency community. Video is for general information purposes only and not investment, legal, tax or financial advice. This video is purely opinion of the speaker who is not a licensed financial advisor or a registered investment advisor. Purchasing cryptocurrencies or cryptocurrency market in general is risky. The speaker does not guarantee any particular outcome. Past performance or success does not illustrate future results. This information is what has been publicly discovered on the Internet. This is all an opinion of my own. All material is intended for public knowledge and is public domain. Please make sure to do some research on your own when investing in cryptocurrency market. Never take the opinion of one person for financial advice. Multiple strategies exist and not all strategies suit all people.
Bitcoin nowadays with a diary candlesticks , we will wait until Bitcoin nowadays with a diary candlesticks , we will wait until price does a breakout.
Newb prediction: €60k Euros ATH within two weeks.Is there a trend in the correction? During the two previous events where BTC hovered at a support level, both events lasted approximately 7 days and then BTC took off for another run, if there is a pattern we may see one more day with BTC struggling to get past the resistance level of €50k euros but by the 23rd March with luck BTC may return to recent velocity and potentially hitting a new world breaking ATH of €60k euros before mid April.
Bitcoin is in a symmetrical triangleBitcoin is in a symmetrical triangle
Bitcoin bounce down to the 0.65 Fibonacci line.
And now we are bouncing up again.
It's holding at the yellow trendline.
Maybe we still go down to the 1.618 Fibonacci line. We shall see.
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Bitcoin direct options in te next few 1H candels we have a few bulish options before it wil get bearish on the short term.
Big dip at 58000 euroHere is what I think will play out when the next big correction happens, which still looks like will happen on march 25th. If it gonna play out similar to the previous big correction. We now will have a slow run up to the march 25th if no bigger update or news happen that cause bitcoin to hit the crash line earlier we will still expect 25th be the day we see the big dip. The last few days of lows we could see where most of the support lines are and combining with some of the data of the previous run I think this be a possible scenario.
25th of March we will hit 58000 euro and start the decent down
26th due to contracts ending speed of fall increases
27th hit bottom at 49000 - 48000euro
28th we will get a small recover going up after people buying back after hitting bottom
29th Hit next bottom of 47000-46000
30th start rise because next day many crypto have updates on 31st
31st and 1 april be going up and depending how fast we go up we could see the start of next run up or if not will will go down
2nd April if still going down hit 46000 before going up again, to start the next run up to April 27 and hit 68000
I personally set a limit sell a alarm at 57000 and also a limit sell at 57900, after that I suggest keep eye on bookings list and depth to see where most bookings for it to dip down to.
Extra tip Never be too greedy when setting your limit for buy or sale, if you set at precisely with large volume of booking there are chance you might only get a partial sell so I alway set the slightly lower to make sure it get sold and set buy limit slightly higher to make sure have a buy also.
Bitcoin has another pattern : bullish pennantBitcoin has another pattern : bullish pennant
If we break out to the upside : 54521
If we break out to the downside : 41479
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Diamond pattern for bitcoin.Diamond pattern for bitcoin.
Normally more bearish sign.
Price prediction : 43078
But if we break out to the upside : 55505
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The total EUR Crash? EUR/SATS ChartIf you look at the EUR/SATS Chart you realize, fiat is trapped in a never ending downward spiral. Do we achieve 1SAT = 1EUR in 2030?
Bitcoin € 55k end of MarchSeveral methods point to a rise to 55.000 euro on 31 March, unless suddenly there would be regulations (which, short term, hasn't got a chance I'd say). I have made this graph on the 1st of march and until now it has tracked it perfectly.
