This is my bitcoin payday analysis... showing the road to 1 million BTC.
Mix of estimated fair value / power law with diminishing cycle top corrections following the 4 year bitcoin halving cycle.
OHM is looking weak and may see short time downside possibly followed by some medium term upside ( all depending on rest of the crypto market )
We might se a 5th wave correction followed by a surge to the upside.
Potential scenarios for BTC price development long term BTC trends based on USD index as indicator.
The next bull run might top in the end of 2023.
I am currently bullish on the trade and will trade for BTC to retest 12k, however I think there is a high likelyhood that we might retest the 10k range, if this happens wait and buy at 10.5k. in the meantime focus on altcoins.
This setup looks good for a small margin trade
We might soon take a move down before we continue the rally towards new local heights. Look for an entry around a 5% correction and take some profits at the target.
Can bitcoin do it again and rise another 10% ? If I took this trade risking 1000USD with a leverage of 50x I stand to haul in a solid 5000 USD, should I take the trade or not? Click thumbs up if you want to see me taking the trade.
If BTC rally continues maybe we might break new heights soon but I tend to think we need to be careful especially if BTC takes a correction soon.
The chainlink party is over for now but, is it going all the way to its "pre-hyper-parabolic" trend to stabelise before going back home to new all time highs?
ETH could be moving to the 400 USD range or just move up to the latest local all time high to say hello and goodbye to go back home to the boring 240 range. What do you think?
Classic flag formation. The market looks to be taking a rest before continuing upwards. I believe it's like to continue as sun sets in Tokyo, China and Korea...
Expected resistance around 10.300 but if we manage to break through I foresee htat we might move as high as 11.000+ within a couple of weeks.
NIM has had quite a ride and a huge correction was bound to happen at some point, here are 3 possible scenarios that could play out. I have 3 entries at these levels - each 25% of my usual stakesize.
Short term trade with 12% upside. Buy it on bullflag breakout and consider a stop loss below channel. This might not play out this way and it might move sideways for some time to either drop/rise after so consider the risk and where to set a stop loss.