Bitcoin made it to the measured move target at $45,800 which was followed by a massive 11% sell-off in the course of an hour. This is the second major sell-off at these levels in under a month. Is this the opportune time to short? How do we trade this? 🤔 We have several data points in favor of a short. We've completed a Measured Move, three legs up in a bull...
This rally could be a MASSIVE BULL TRAP. Lets hope BTC flexes out of the trend line to the 1.618FIB ($50k - $52k) Mark. - Retail FOMO: $32k (wave 4) - Massive FUD about crypto and markets tanking past/this week. (BULLISH) - The market has been in the dumps, and the bears have done their job, $10k BTC! (BULLISH) - $24k Retest (200MA) before the the BTC Halvening.
Today we want to share with you our observations and thoughts on how the total capitalization of the crypto market can grow in the future. You have probably already noticed that in all markets the history of market participants' behavior and, accordingly, asset prices is cyclical. The cryptocurrency market is no exception. Here is a global chart of the total...
There are numerous indicators screaming buy for the last 4 months. we are in the best buy zone of our time RIGHT NOW!!. The evidence is over whelming that the bottom is in!!! Why are you waiting? Why are you listening to the news? is it different this time? Not really. In previous history by the time the lower BLUE band flashed the CM ADX the bear market was...
Stop denying the facts! Your acquiescence is just fear, conquer it and you will see and think clearly! The bottom is in, everything you need is right in front of you! Come, March with me into April and beyond. REMEMBER, WE ARE SATOSHI!! If you need help comment below. *Look first, then jump. Tradingview.com*
This chart is to be looked at like an inquisition. You are the Grand inquisitor and Kenobi is Bitcoin . You simply track him to gauge possible future movements. Prices points and time lines are all hypothetical, but are based off past movements. This charts purpose is to get a greater perspective on where we are and where we might be going, seeing the big picture...
I do believe that the trend line we are currently on, eventually will break, but when? We are currently testing it with this drop in June of 2022. In my opinion if we break this trend line in the near future (RED) then we will obviously drop much lower possibly even breaking 10k. If not, I see either a retracement (BLUE) then dump and go lower. Or, hit new highs...
So here we have The CM ultimate Moving average MFA on the 2 week time frame with the PI Cycle Bottom. On the bottom we have the Stochastic RSI. Combining these three indicators is showing a very powerful case for the bottom being in and that we will in the next few weeks flip bullish. The interactions of these indicators go back all the way to 2011. The PI cycle...
Bull theory – Bottom is already in for Bitcoin INDEX:BTCUSD There are severeal technical indicators and measurements that suggest it could be. Firstly, the 50-week MA already crossed the 100-week MA. Each time this occured, the bottom was already in, both times as the weekly RSI dipped into oversold conditions. The price behavior has also been similar to the...
The time to build mountains in the landscape has come again. Looks like clear skies could be ahead for the next few months into the summer. This is not meant to be financial advice. The work has already been done. When climbing mountains... First look, then leap Also marked is the finish line (top) and start line (bottom) On the bottom is (Steve's NVT/HV...
BTC looks like it's ready for it's final leg higher to retest the structure it originally broke down from. The final target should be somewhere between FWB:42K -44k. I do not buy into the bull market narrative, this is a bear market bounce. So just be cautious when people call for new highs as we approach those levels. Alts can have 5-10x moves if this move...
Bitcoin's price movement is meticulously adhering to the contours of a Fibonacci Rising Channel, illuminating potential future resistance zones and critical levels. Here's a detailed breakdown of the current outlook: As of now, Bitcoin is poised for a significant move, targeting the key psychological level of $50,000. The Fibonacci Rising Channel provides a...
Hi Traders, Investors and Speculators📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. When it comes to Technical Indicators, speculators have many options to choose from. Do you prefer to keep it simple? If your answer is YES, the...
📰 Double Whammy: Bittrex Shutdown and CZ's Legal Woes Unsettle Crypto Markets! 🚨 Bittrex Shutdown Impact: Despite the looming closure of Bittrex Exchange on Dec. 4, BTCUSD on the platform soared to $46,000, creating a buzz in the crypto sphere. Explore the chart: 🔒 Binance's Legal Turmoil: Adding to the turmoil, former Binance CEO Changpeng Zhao (CZ) faces...
Hey folks. Today, I'll unveil my secret trading roadmap for 2024-2025 🗓. This roadmap will be your trustworthy guide, helping you multiply your initial investments throughout this crypto cycle 🚀. Many traders and investors understand that financial markets are cyclical, and the cryptocurrency market is no exception. This cyclicality implies that price patterns...
i believe profit taking and fear will cause us tohave another dramatic drop here, for liquidity , as we continue to trend up longer term loking for these prices as targts for shorts. looking for a pullback to 42k
Just like Arthur Hayes of BitMEX in Autumn 2020, Changpeng Zhao (CZ) of Binance is facing similar legal challenges in Autumn 2023. Both incidents coincide with Bitcoin's Autumn price rising, from $10,000 in case of BitMEX and from $35,000 in case of Binance. Legal experts predict CZ's potential prison time to be around a year or less, drawing parallels...
Today we will try to summarize the results of 2022 and look a little into the future. What can we say, We think few people will deny that 2022 is one of the worst years that we have seen and consciously felt. Painful both separately for the participants of the crypto world and in general in the context of the economic, military and geopolitical situation in the...