Bitcoin only can be tradable by using dynamic fibonacci tool Because bitcoin is the fuel of the global economy If we can crash bitcoin we can dump the whole world Otherwise Other markets are not gonna stop drinking our effort like leeches
This is going to happen if i know this market. It will trigger the sub 10 level at fear & greed scale.
Gravity vectors of XBT. Simplified chart for failures and most desired targets in log chart
Might look weird but it gives enough chance to the sellers to cover their bleeding losses. And it is exactly looking similar to the previous SEC crash. Seems fine to continue to the slow bleed distributioın mode. Better than years and years bear market.
Market currently a bear playground. Most of the participants refusing to look at the current trend since from the ATH.
yet this is the regular action of btc. in style. keeps walking like a free man on the streets .
Potentially may give a correction like this. I'm still optimistic about the uptrend. As soon as better welly understood investors comes in Bitcoin will continue it's growing period.
Same as the previous explanation; for the scenario of potential cash out according to my current instincts.
Lets open the cards. By taking the frontier bitcoin as basis about the future cash outs.
Most people won't stop longing by keep getting their leverages reduced and possibly after 30k long squeeze may start. I'm expecting a sharp bearish break out rn around here.
This is actually the basic expression of the bitcoin market cycle. I believe that we are still at the beginning of the distribution period. And this is how i see it.
Simplicity is the key. And the emotions are there. Also the statistics may work better together with it.
Most people doesn't know this chart probably. I just wanted to provide another vision.
This contains a lot of interpretation. Everyday after i scratched a few charts i look at them as final to be able fill these description sections. Now what i tried to tell? I just shared my average profitable instinctive expectations with you. This is how it worked out. Good luck about money making to all.
im not swearing this time. but this is how it works for bitcoin mostly. scarcity and the limited supply in the circulation drives the emotions of the people nuts. and the result mostly big pull backs at the gains. up to %75. good thing is short selling is valid at these years. in the old days there were no option to do that. good times to secure or hedge ur...
ATH reaching lengths in the unit of "day" almost identical after Halving Day. It moves to the bear market after that seconds. Bear market is on
Im just seeking the best moves for average but at semi macro technicals mostly the average will be blasted. It is inevitable. Cos the units at the markets only can be traded by taking the averaging indicators as constants or pivots.