#btc #TBD #TheBigDeepThe big deep for Bitcoin is coming....
This Christmas and the new year will probably bring us one of the lowest points we have seen from BTC for a while!
BTCGBP trade ideas
Bitcoin will reach £60,000 by July 2022Bitcoin is getting ready reach new heights... £60.000 by July 2022!!
After a correction at the end of 2021 start 2022 Crypto will rise again.
See you at the other end! :)
xx
BTCGBP 11 DECEMBER 2021 1520hrsSame as USD. Just have to stick to targeting previous violent reaction areas (PVRs). All a PVR is is a previous accumulation or distribution area where there was a large move.
Will have to see if there is enough demand in any of these areas for a counter-trend set up. As usual I hope price continues to drop... the lower the better. Cheaper prices are good for buyers and its what SM does.
Buy low/ sell high.
Sources of education:
Richard Wyckoff
Tom Williams Volume spread analysis VSA/ Master the Markets
Pete Faders VSA*
Sam Seiden (supply and demand)
Read the ticker dot com
Wyckoff analytics
PsychFX
MentFX
Element 15 trades (bitchute/odessy)
Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)
BTC possible decrease Bitcoin has hit the 50 day MA today after $900 million has been liquidated. This has caused bitcoin to start forming a second shoulder in a head and shoulders pattern on the 1 day chart. At the time of writing bitcoin is $49,000, following the head and shoulders pattern bitcoin could see $55,000 before further plummeting to $40,000. However, if bitcoin rebounds from the 50 day moving average it should pass all time highs of $67,544 to possibly see $100,000 by mid January.
BTC Moon?reverse head and shoulders pattern on hourly BTC chart suggests the price may increase as we pass resistance.
BTC crashJust a quick analysis on BTC.
BTC is forming a second head and shoulders pattern. as we saw last time it dropped dramatically and if it continues to form the second shoulder it will fall by 36%. however, as lots of people are now holding BTC in cold wallets which removes liquidity I doubt the bears will be able to push the price down 36%.
I have seen similar ideas from others bout this pattern BTC is forming.
BTC Top £75k targetAscending triangle breakout to around 75k. Rising wedge top out at 1.618 Fib line.
Btc soon! Energy prices going up and covid cases spiking !80k seems like a decent target for the next step up! Due to an increase of energy costs and covid cases spiking up in a lot of countries november will take us to that target in my opinion Btc price is holding on to a strong trendline! Taproot upgrade coming up for Bitcoin network!
BTCGBP: More Sideways ActionAfter a week of action, we are in the zig-zag zone - GBP44k for the Bears, and GBP 46k for the Bulls. I see a lot of chop-chop action ahead. Could be a good buying point for longer-term HODLers. New BTC news is unlikely for a while - but this is crypto so you never know
Predicting £300k Bitcoin by end of year 2022Following the fibonacci fan, I find a conservative price prediction of £300k by Jan 1st 2023
Bullish Idea on BTCGBPLooking at a trend continuation trade. Waiting for a pullback towards the yellow banded zone, aiming for an extension higher.
BITCOIN MANIPULATIONTake a look at the price action of Bitcoin from Febuary 2019 to Febuary 2020 and then compare it to Augusy 2020 to October 2021. I have done most of the hard work so you don't have too. I think Bitcoin is about to correct hard.
My prediction for BitcoinIn this picture am going to show my prediction on Bitcoin Which will go down
BITCOIN 15MBITCOIN (BTC)
15 MINUTE TIME FRAME
SUPPORT TEST
Bitcoin away to test the support again, Here's hoping its breaks through and pushes onto £60.000 haha
Also it looks like its about to make a TRIPLE TOP PATTERN so we might get a down trend before it rises up above the support.
If you like my analysis give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.
SolarFX
BTCGBP SELL IN PEICE. Im expecting price to drop further down because A break of Structure out the trendline has occurred, also note below on the RSI price has broken structure has well, however know this, im not giving any advice how to trade in this pair just sharing my thoughts on it only, so with that been said, Trade Wisely.
Will BTC have another major sell off from its resistance line?Will BTC have another major sell off from its resistance line?
BITCOIN BITCOIN
1 HOUR TIME FRAME
LONG POSITION
Bitcoin looks like it is going to come down slightly before rising back up .
If you like my analysis give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.
SolarFX
BITCOIN BITCOIN (BTC) / GREAT BRITISH POUND (GBP)
1 WEEK TIME FRAME
LONG POSITION
What's your opinion on bitcoins support break through??
Do you think its on its way to £50.000??
Feel free to leave a comment below.
If you like my analysis give it a thumbs up.
SolarFX
Will BTC have another major sell off from its resistance line?Will BTC have another major sell off from its resistance line?
btc short ish term lets see innitgood trade here innit fam easy money skee talka bout seeing starts take this trade and tip me with your gains
BTC/GBP 1DBitcoin (BTC) / Great British Pound (GBP)
1D Time Frame
AUGUST 9th UPDATE
This is just quick update on my BTCGBP analysis from August 9th.
As you can see Bitcoins movement is going exactly as stated so hopefully it stays on track.
I will be doing updates on this charts movement.
If you want to see updates simply follow my page for more just like this.
I do daily chart analysis also regular chart movement and brief updates on charts that i have done.
If you like my analysis & brief give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.
Thanks guys
THE CRYPTO PLANET
BTC/GBP 1DBitcoin (BTC) / Great British Pound (GBP)
1D Time Frame
Bitcoin is looking bearish at the moment showing movement towards its support at 28k.
Once Bitcoin hits that support it should turn around and start heading bullish towards between 35k - 37k.
I will do a quick update on Friday 20th of Aug to do a quick brief on its movements.
If you like my analysis give it a thumbs up.
If you have any questions please feel free to comment below or send me a direct message.
THE CRYPTO PLANET
