The good news is that if 48K support area cant hold, we may see 39K area, even for a short period of time or as a wick. But i think it may take several days. BUT!!! It will be beginning of an even better period for crypto and we will see best of it in coming times. 48k BTC (or even better, 39k BTC!) here we come...
Strong Support @ ~57K Strong Attraction @ ~77K First Main Target ~72.5K P.S. F@#k those who give points with hundred decimal numbers like "that token goes to 459.45687138 Dollars"! Slap anyone who gives you such numbers since they don't know slightest sh!t about technical analysis. Regards
Short term: Waiting for a wick down to ~51000. After that... Its gonna be MORE THAN HUGE! Stay Tuned...
Why not? Technically: Yes! Fundamentally: Very Positive! ~65K$ BTC is a sure thing within a month. But I believe we will see ~92K$ BTC and ~120K$BTC at Sep. this year and Feb. 2022, respectively. Again, why not? Being hopeful helps market and us remain positive. Just remember, I was the first one who mentioned 120K$ BTC ONE year in advance ;)
A per my previous post, the wave was predicted correctly but shifted upward about 3k$. However this shift will have its effects in current wave as a wick from bellow 40 to ~35K. All other things will go as planned to reach final destination (80K) of probably first major bullish wave.
Not much remains to say. Completion of current wave at 53620 and a consequent correction to 42120. Afterwards, two scenario may happen which both lead to the same price: 59945.
I like the upside arrow more, but (let's be honest) the red one is ore probable. Say hello to 24k BTC (and node to 46k too, since we will meet him sooner or later, as well.)
Some call it scallop, saucepan or other names, but I call it Altcoins Slaughterhouse ! It seems Bitcoin dominance is going to have a big growth up to 78.9% and it will not be good for altcoins at all. But what about BTC itself? Is BTC.D's growth because of BTC pump or of Altcoins' decline? I say a little of former and mostly the latter. Then, what is price...
The resting period (mentioned at my last post) is about to conclude and the upper line of the flag will be penetrated soon, as depicted in 4h chart. The next price objective (and probably the last major movement of current trend) would be ~21700, which probably will NOT occur as sharp and fast as previous ones, for so many reasons. Going toward 21700 takes time...
I hope you sold your BTC at my signal from last post at ATH. But if ypu didnt, dont worry. the situation isnt as ascary as i thought it would be. as shown in the chart, BTC is guest of the rectangle ive drawn. it will stay there for some hours, (or a few days) and start its next move. THE NEXT MOVE: with a higher probability it is going to be an ascending trend...
According to my previous forecast of BTCUSDT, the chart followed the green curve (with somehow less corrections). However, now the market is at a place where it doesn't belong to YET! If youre there for holding BTC, youre good. but of youre here for short term (i mean less than 1 week btw) there is high probability of a descending trend for several days at this...
(Fibo Lines, channels, indicators, patterns, etc. are deleted i chart for viewers'' convivence) I hope you enjoyed and used my forecast of bitcoin fall @19200. Here I present you with next move(s) of BTC. There are TWO POSSIBLE SENARIOS, both ending in BTC coming to a ~17500 USDT conclusion. You may do some scalping via both long and short. However, personally, I...
The forecast is BOLD but unfortunate in case it happens. Price has reached top of its channel, and a strong resistance (1) of fibo lines, RSI has been up there more than it could handle, etc... Hope this scenario doesn't happen, however, I sold all my BTC. It needs a rest, I think. it will bounce back quickly, I hope!