Following the same market structure i expect a test and rejection from W50MA, then a bounce from W200MA and a start of a New Bull Market.
BTCUSD - Bitcoin Price Forecast > 2358.13$. I think we haven`t found the bottom and we will have more correction to the downside with a steady impulss triggered by this fractal pattern that we are facing and the resistance line that is pushing us down. This will lead us to 2358.13$ during the spring and maybe a new ATL this year. WARNING: There might be some...
Buy at 4800 area - sell at 8400 - good luck people. Ching Chong, Chinaman, Sitting on a wall. Along came a white man, And chopped his tail off.
Based on trend lines and market sentiment there are 2 scenarios: 1. Less likely - Bitcoin can go up to 8400 following the uptrend line formed by higher lows 2 More likely - A panic sell may occur leading to drop arround 4500, where the falling wedge resistance is formed Eather way 8400 is going to be the most stronger resistance for the bulls.
If this wedge work it will be a massacre - goooood luck to everybody
Buy: 5700 Sell: 6700-7700-8700-9700-10700
BTCUSD - Bitcoin Price Forecast > 10500$. I think we found the bottom and now we will have some steady impuls triggered by this false break we are facing now. This will lead us to 10500$-12000$-14500$-16500$ during the summer and maybe new ATH this years winter. WARNING: There might be some small and healthy corrections all the way up to the top - do not be...
Bitcoin price prediction. There are 2 scenarios formed by this bearish simetrical triangle. BTC will go to 12500 or 5500 depending from where the wales want it to go.
Possible scenario for BTC based on support and resistance lines.
We expect a dump to 5600-5800 area - if the support doesn`t hold further dip to 4900 may occur.
These are the important support and resistance levels - use them for short trades - for longer term just HODL till next big correction.
Bitcoin / USD - daily update Elliot wave 12345 to 10500$ if BTC goes to 8600$.
Possible entry for long term. Levels of support and resistance. Trend lines.