Well, I finally got in to something else in addition to BTC. Any way, bull flag + destined to hit downward trendline AND don't forget about yada yada catalysts. Let's see how this trade goes. I technically started at 145 but average is 161 now. I plan to ride it as long as it's trading above 21 week MA now.
I mean this is all fun and games, but entertained to see how the post bear year of 2022 has been. 2023 reprieve. Will 2024 be similar to 2020, 2016, or unlike we've ever seen? 70K before 2025? Will there be a dump/correction before or around the halving? Halving estimated to be last week of April, coming up in 2 months. LFG
Comprehensive Bitcoin Analysis: ** Overview :** In this in-depth analysis, we explore Bitcoin's price movement on different timeframes, focusing on the daily and hourly charts, and delve into the potential Elliott wave counts for a long-term perspective. As of now, Bitcoin displays interesting dynamics, testing crucial support levels and showing signs of an...
This analysis provides a long-term weekly perspective on Bitcoin (BTC), focusing on critical support and resistance levels from the current price of $41,670 to the projected bottom and potential highs. As we look towards a holding period from July 2024 to October-November 2025, understanding these levels becomes crucial for strategic planning. Current Situation:...
Navigating Uncertainty as BTC Closes near $41,667.77 on January 21st As the week concludes on January 21st, Bitcoin (BTC) finds itself at $41,667.77, marking the end of a second consecutive week in the red. The current market dynamics present a mixture of bullish and bearish scenarios, leaving traders and investors contemplating the cryptocurrency's next...
Given the recent drop in Bitcoin's price to exactly $42,000, the key levels to monitor are: Levels Above $42,000: 1. **$45,555:** An important level for a potential overlap, suggesting a corrective pullback if surpassed. 2. **$46,000 - $46,500:** A zone where overlaps could indicate a corrective trend. 3. **$48,500:** A significant resistance level coinciding...
Long story short, because this is new in development. I am taking a tiny short term position in SHORT. Will be invalidated once/if it goes above 43,900 area. Green line has been my take profit on longs and buying back on red line. Now that we're breaking down below, it seems prescient to expect a down quarter. who knows, I'm just reacting off the levels I've...
So look, I know I'm super obsessed and bulltarded permalong on long term, but we're going to consolidate until the halving in Spring 2024 (Q2) It's been an AMAZING run and I've been taking a nice victory lap. But I took a breath, pulled myself together and looked back at my chart. Slow and steady lads. Cheers to lovers of Zion Square, Jerusalem , the dwellers of...
Sorry, since no one really reads my stuff Tradingview makes me fill out description of my chart - I just give GPT some info. Enjoy! (speaking to my current audience of 0 & potential future chart readers) The moving averages and key levels for Bitcoin (BTC) provide traders and investors with valuable insights into its price trends and potential future movements....
By Nov 5th, I'll hope to have known if we break up or down. Consolidation is bullish setup, but could be tricked. Fre3E P/-\L3$T!NE :) The below is fluff from GPT-4 The price of Bitcoin (BTC) has shown a relationship with the recent Federal Open Market Committee (FOMC) meeting and the subsequent press conference by Fed Chairman Jerome Powell. Here's a breakdown...
Bitcoin's Bullish Reversal Candle: A Glimpse of Hope in a Typically Bearish Phase " Bitcoin's Bullish Reversal Candle GPT-4 Write a post about how Bitcoin just closed with a mean reversal candle after finding support and bouncing off of the 21 week moving average at around $28,600.. This is a tailwind it seems in the near term but Q3-Q4 at this point of the...
Bitcoin Rollercoaster Ride! Model: Plugins • Enabled plugins: WebPilot logo Link Reader logo Wolfram logo User Write a fun and entertaining Tradingview post updating the price of BTCUSD. Keep it captivating yet concise. Search through bitbo.io to include valuable information marking the stats of BTC after it exits this epoch / 4 year cycle's where we are at...
The corn will go up 100% before we all see early stages of bull market vs bear market rally. Bitcoin (BTC) has experienced a significant decline from November 2021 to November 2022, witnessing a staggering 77% drop from its peak of $69,000 to around $15,400. However, since then, the cryptocurrency has shown signs of recovery, rallying up to $31,000. In this...
Well, the uncertainty in tradfi is scary amirite, orrrr.. Anyway, I have to get back to actual work Macroecnomics never mattered any more to bitcoin as it dows today. I am the discount window of Bitcoin. Pleb arm BeYatch. OK, now I'm getting silly to emphasize you shouldn't take me seriously. I don't. This is lunch hour entertainment for a nerd. Toodaloo P.S....
What can I say here that won't be said in the chart? As I'm listening to J P from the Fed, I can't help but think ------- I am so bullish on Bitcoin. By shorting, I'm hoping price goes up. If I'm right on short, I make some to make up for fiat denominatd losses of by corn stash (I low key got robbed by pirates and have no more coin) Anyway, "Banking system is...
What are we doing here? Give me cheaper sats. Cool to spike up but DCA army prefer sideways at bottom not 80% up from bottom. So let's test 25k ad support or 200 week, whatever. We already turned 21 week MA AND 200 day sma into support
Ladies and gents, we're back with another riveting episode of the Bitcoin Show! Just 12 hours ago, we had a successful trade, and now it's time to strut down Profit Street. 🚶♂️💰 Here's the dealio: I'm callin' to cash in those sweet gains and be fully out of our trading position between $27,800 & $29,200. Why? Because we're sittin' pretty at over $26,500, and...
The following is a conversation I had with ChatGPT4 Me: I know you are only an AI language model, and unable to access real-time information or financial media news publications. However, you can provide a general overview of historical Bitcoin price cycles and analyze the hypothetical scenario you've mentioned as if it were fact. Use financial media news...