Hello, friends! Interpolation of quotes for bitcoins relative to alt-cash prices indicates a high probability that the bull trend will continue without a local decline below 7000. It is expected to establish a minimum in wave (iv) in the range of 7600-7200.
Hello friends! The rise in prices for bitcoins has clearly slowed down. We closely monitor the behavior of the price of bitcoins, as well as altcoins. A possible model of the "wedge" of trend end was canceled, because no confirmations. We assume that the upward movement occurs in the composition of the large zigzag of wave 4. As we mentioned before, we expect the...
The bitcoin price forms the final wedge in wave (v). After completion of the model, we expect a price correction to the level of 7000 and below.
Update. The price in the near future will form a triangle in wave (iv) or a wedge in wave (v).
Hello! Wavemap revised, adjusted according to the calculations of quantitative models. There is a high probability of holding the price of bitcoins above 7000 for a long time. We advise you to look for points of purchase at the technical and bulk support levels.
Hello, friends! We still see clear signs of a downtrend decline. We assume a wedge-shaped end-of-growth model. It is also possible the emergence of a clear divergence of prices and the MACD indicator. In the next 2 weeks, we expect strong bearish sentiments to appear on the market! We recommend closing all purchases when the price breaks through the level of 8300,...
The price of bitcoins rose, noting a local minimum of about 7 000. We expect the end of the correction in wave iv and the further continuation of price growth to the level of 8500 and higher.
The price of bitcoins is adjusted in the local wave (iv). We recommend to buy with targets of 8600 and above. Stop Loss 6600.
Hi everyone, The number of BTCUSDSHORT contracts have reduced by 10,000 units - another indicator of the imminent change for bitcoin market sentiment. For local sales, technical signs are starting to appear. Purchases look dubious, but possible with a short stop loss.
The rally of bullish continues. The risk of a strong correction is approaching, but we do not exclude another local growth impulse. We recommend buying from levels 7150/7050/6950 with the target of 9080 and higher.
The amplitude of the price continues to stretch. We expect the completion of wave 3 in the range of 7900-8600. Locally, we recommend buying in wave iv (7150-6850) with a stop loss of 6550 and a target of 7900/8250/8600.
We recommend to study a detailed map of wave levels. The risk of falling prices for bitcoins remains, but we do not exclude the continuation of growth in a normal bullish structure. Currently, the 6000–11000 price corridor is key to determining further dynamics.
As part of the current situation, we expect a local price correction in the green zone 6020-5820. In the following days, the bitcoin price may continue to rise to the level of 6820 and higher. Stop loss for the local plan 5660.
Hello, friends. The dynamics of price for bitcoin pleases. Our strategic plans become relevant. We, as before, are sober in our reasoning. We still believe that the growth in value will continue. Locally expect the continuation of bullish dynamics.
Hello friends! We updated situation. Before the start of correction, another 1 growth impulse to the price level of 6300 and above is possible.
Hello friends! The price of bitcoin has grown. We did not wait for the correction in the previously designated area. However, judging by the nature of the movement, digital gold can be expected to drop sharply in the near future. We believe that wave 4 correction model is not complete. As before, profitable levels for purchases are below market prices at marked levels.
The correction continues. We still expect an additional decrease to the level of 5400 and below, after which the beginning of the next good growth of the Bitcoin price is possible.
Hi everyone, The overall picture of bitcoin price dynamics has not changed much in the past few days. Locally we expect a temporary decline. In case the price reaches the level of 4950 and lower - it is worth buying. If Bitcoin price remains in the range of 5050-5650, you should wait until the expected correction model "triangle" is over and buy at a local decline...