This is an update for previous DAILY charts. Current positions are 2 with an average cost of 39712. SHORT Check previous charts for history. It is always the same system on different time frames. These are my ideias. Follow at your own peril.
This is an update for previous 696 m charts. Current positions are 6 with an average cost of 37,699. SHORT Check previous charts for history. It is always the same system on different time frames. These are my ideias. Follow at your own peril.
Bitcoin has so far remarkably followed the fractal that followed the March 2020 COVID crash. Of course that was a pattern on the second phase of that Bull Cycle, whilst now (chart on the left) was the first rebound of the Bull Cycle. Nevertheless, the similarities are striking. Especially on the RSI's part. The 1D technical outlook is bullish (RSI = 60.001, MACD =...
I would not be surprised if bitcoin goes to 35k for a sanity check. According to my bitcoin market cycle mapping, we are still in accumulation phase which means we should not expect BTC to perform like a bull market, as obvious as that may sound, and we should be expecting strong corrective actions on price at any given time. Watch your investments ! mainly...
Long Term thoughts for BTC into 2024 and 2025. I was hoping for one more push into 20k before a larger breakout for some prime accumulation levels, but but this actually makes for a more bullish chart. This chart is a LOG chart and BTC never broke below that channel which is key. Picture perfect bounce of the lower trend line. This next wave should be...
Fib levels are set 0 to the previous cycle's 0.236 low and 1 level to the top of the channel at the time interval. Rise to 140k and fall to 47k.
A flag pattern is a technical analysis chart pattern that can be observed in the price charts of financial assets, such as stocks, currencies, or commodities. It is considered a continuation pattern, indicating that the prevailing trend is likely to continue after a brief consolidation or pause. The flag pattern is formed by two main components: Flagpole : The...
Breakout, start of new bullish trend. Reacting off the 6.18 fib level, failed to break the support line and is going up suggesting bullish movement
In yet first significant pullback since mid-October 2023, Bitcoin shed about 9% of its value in the past three days (with much of the decline coming overnight). In the process of doing so, it retraced almost to the 20-day SMA, which often coincides with corrections of the main trend. Despite that, there are a few developments that stand out to us. First, the RSI...
We have confirmation of Double Bottom on 1Hour Timeframe and anticipated 47k mark is expected to occur within next few days.
The Fed is about to announce this interest rate decision, and the current market consensus is that it will be no rate hike, but the content of Powell's speech is still worth watching. Daily IV rose slightly today, but apparently some traders have run to sell, compared to the usual has no premium now. After this interest rate decision, the macro market will enter a...
𝐂𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲, 𝐰𝐞 𝐟𝐢𝐧𝐝 𝐨𝐮𝐫𝐬𝐞𝐥𝐯𝐞𝐬 𝐢𝐧 𝐚 𝐩𝐡𝐚𝐬𝐞 𝐨𝐟 𝐚𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐨𝐧. 𝐈 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐚 𝐩𝐨𝐬𝐢𝐭𝐢𝐯𝐞 𝐨𝐮𝐭𝐥𝐨𝐨𝐤, 𝐚𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐧𝐠 𝐚 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐜𝐨𝐫𝐫𝐞𝐜𝐭𝐢𝐨𝐧 𝐢𝐧 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐫𝐚𝐧𝐠𝐞 𝐨𝐟 𝟑𝟖,𝟔𝟖𝟎 𝐭𝐨 𝟑𝟖,𝟏𝟕𝟓. 𝐓𝐡𝐢𝐬 𝐫𝐚𝐧𝐠𝐞 𝐡𝐨𝐥𝐝𝐬 𝐬𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐜𝐞 𝐟𝐨𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐭𝐫𝐚𝐝𝐞𝐫𝐬, 𝐠𝐢𝐯𝐞𝐧 𝐨𝐮𝐫 𝐚𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐫𝐞𝐚𝐜𝐡𝐢𝐧𝐠 𝐚𝐧𝐨𝐭𝐡𝐞𝐫 𝐚𝐥𝐥-𝐭𝐢𝐦𝐞 𝐡𝐢𝐠𝐡. 𝐈𝐭'𝐬 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐭𝐨 𝐮𝐬𝐞 𝐭𝐡𝐢𝐬 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐨𝐧𝐥𝐲, 𝐚𝐬...
Please do your DD as this is not an investment advice. This could be the most ridiculous price prediction considering current world events but before we dismiss it outright, lets go through it step by step together. First looking at 2013 to 2015 bear market then comparing it with the 2021 to this present day we can see similarities with both correction...
Most times, Bitcoin will perform worse when interest rates go up and perform well when interest rates go down. The same can be said when looking at the US money printer. The M2 money supply is the best indicator to measure how much money is printed and potential inflation. The chart below shows the US M2 money supply in purple and Bitcoin in orange. In the short...
btc time cycles from cycle to cycle and how can we anticipate the next bullrun ... stick to the plan
Third Day: After a nice drop we had on BTC, the price has not shown any significant support or volume near the current zone, where the price is stuck inside the FVG zone and gliding slightly above the middle line of the Bollinger Band. Today we are going to have a very volatile day with all those news stories, which we think will push the price finally for one...
The Bitcoin chart is a fascinating piece of art. Everyone seems to trade it, but they know it will constantly out-perform every currency worldwide. Bitcoin has recently made new highs in other currencies, but nobody seems to understand, and want to only chart it in the U.S. Dollar, What they don't understand, is that "1 Bitcoin = 1 Bitcoin, Always & Forever "...
Cloudy, or even rainy 🌧️ bearish trading conditions lie ahead of the crypto universe in the coming hours and week, signaling downside risks. However, a timid sun 🌥️ will shine on Bitcoin in the next 24 hours, indicating upside potential before bearish clouds take over, ATTMO shows. Follow us for more crypto weather reports!