Maybe the bull market isn't over?The timing is not consistent with past cycles for the current bull cycle to be over. There may be more to come, but who is to say? Regardless, there must be a significant uptrend shortly (within the next 3 months) if the bull is not dead.by rgerhardsUpdated 4
Bitcoin price spends majority of time in the "fire sale" band.Just eyeballing it, looks like the BTC price spends most of the time in the lowest band of the rainbow. The rest of the time it is transitioning by either escaping from it and going to the moon, or coming back to earth.by rgerhardsUpdated 8899
BTCUSD to $333,333 by mid-2025Fib retracements for each major phase since the beginning. Each phase has corresponding fib retracement levels to previous phase. For example 0.786 of each phase aligns with 0.236 of the preceding phase. If this plays out again, it would suggest the next major top at around $333,333.33 (approximately) for BITSTAMP:BTCUSD Furthermore, Fib Time Zone extensions suggests possible time frame for next major price point to be around mid 2025. Note: All Fib levels have been drawn for personal musings and entertainment, definitely not to be taken as financial advice.Longby Sikbh1
Bitcoin Price projection similar to 2016-17 bull runOf course, this is only a projection and it is possible this may not play out. Chart is based on PI cycle tops and bottoms. Good luck and always use stops.Longby DelusionalRams8224
Lengthening Elliot waves cyclesThis theory suggests that elliot wave cycles are lengthening, this can co-exsist with the 4 year cycle of the bitcoin halving. The key difference is that we should get an extension in the 5th wave(blow-off top) this 4 year cycle. Looking at past cycles, the 5th wave was also the strongest move so yes we could have an greater rally than in 2020/2021. If we get an equal rally in %-wise like in 2020/2021 we get an measurement of 1600% from 15k to 250k And if the 5th wave goes beyond the 3th wave you get some crazy targets in an short period of time (blow-off top) If this theory is correct this could back up some crazy btc targets because this is the first cycle when we already made an new all time high in the 3th wave compare to other cycles only in the 5th wave. Yes it took longer to get there but thats the theory that each cycle will take more time to fininsh In the charts below when you measure the bottom from an complete elliot wave to the next you get some data that suggests lenghtening elliot wave cycles Cycle 1: Cycle 2: Cycle 3: Cycle 4: Longby Delzeyne222
Btc Long term playHypothetical next btc top. My trend analysis. Btc on the 1 week. 4 year cycle theory by CryptoMechanic666111
Bitcoin - BTC and if TRIX indicator🔹crosses its Zero-line🟡Bitcoin After 2015 and 2019 the "bottom is in" should be verified at the very latest when the TRIX indicator🔹crosses its Zero-line🟡 Will keep you up to date dear BTC and Crypto Nation👀 Comments💭, Love ♥️ and Follow🔗appreciated🤗 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinionLongby Crypto4EverybodyUpdated 2
Bitcoin BTC Bull Market Golden CrossBitcoin BTC bull market golden cross, 5-day moving average MA10 crosses MA100 golden cross, this golden cross also appeared golden cross signal in the past bull market, 2012 bull market golden cross, 2015 bull market golden cross, 2019 bull market golden cross, 2020 bull market golden cross Fork, 2023 bull market golden fork again, such an obvious signal is right in front of you, what you do is people who don’t believe it, life and death are bearish, if you don’t accept it, you will do it, only the blind will not see the bull market golden fork, blow up the short, get rich and long, in the middle Satoshi Ben said: If you don’t understand or don’t believe it, I’m sorry, I don’t have time to convince you. The starting point of the bull market surge is on the moving average in front of you. The bull market is coming, and the point of the sword is invincible.by ZhongBenCong0011
The Bitcoin Event Of 2023The Next Big Bitcoin Event Its getting to that time again the next Fib time sequence is around the corner, for months I have been going on about the next date, the last week of June 2023. Last year we managed to predict the biggest move of 2022 end of May/June 2022. I would say I was pretty dam close and if you look at the date of that publication that was January 2022 so months before this timeframe, I already knew the outcome and it was all because of this Fib time sequence I have been using for over a year now. When it comes to technical analysis I focus a lot on time, I think time is the key to be ahead when these macro pivots come and so far on a macro timeframe, we been successful since the start of 2022. The Fibonacci time sequence you see the main chart about is one I’m currently following closely even though is not the one, I have been following for over a year it still lines up to last week of June 2023. If we look at the last cycle when can see that the timeframe between 0.5-0.618 happen to be a major pivot. If we zoom in, we can see how closely 2019 its following, if we continue mirroring then its possible we see 38k top by end of June 2023 and come May 8th (0.5 Fib) we shall start seeing the pivot to the upside. Many traders are pointing to a retest of the top of previous resistance which was 25k , I think that is also possible but we would have to close above the 0.382 fib Fan to keep this rally alive , so a wick down to 25k and a close above 26k , just like it did march 6th 2023 with that massive weekly candle wick. This date May 8th is lines up closely with the next FOMC meeting where will see what rate hike we will get if we get a pause, it would be setting up perfectly for one leg up, history shows that pauses cause short term rallies which are then followed by massive drops. USDT dominance broke and closed above the 2/1 Gann Fann that I was watching closely which is not a good sign at all , if Bitcoin did wick to 25k then its most likely USDT would go up to the 3/1 Gann fan which is where it got rejected last time again march 6th 2023. The bump and run that took Bitcoin out of a bear market last cycle gave us the pico top at 13.8k which was the 0.618 , this was the technical breakout target of the bump and run reversal So this is where things getting interesting, the technical breakout target of this years bump and run that did the same thing as last cycle, took us out of a bear market is 60k , that’s right folks that’s the target of this Marco pattern. So now to the doom and gloom the red dashed projection on the main chart. Every cycle we make a Marco double bottom , it will be a black swan event , last cycle it was covid this cycle war/banking etc many catalysts out there pick one , here it does not matter if it comes we go in heavy because we will be expecting it. As you can see the double bottom happens before the halving event always and we are about 300days off the next which is in April 2024 so it is possible that we get the “pivot” for the crash coming last week of June 2023 if we keep on making lower lows on the daily week after week. This year it is definitely much harder to call a direction, most of the market thinks we have plenty of time to move up but for me its 60days for the move whether is up or down it all depends for me on holding that 0.382 fan fib , we start closing under it come end of June then red projection is likely to play out , one thing for sure coming into this timeframe things are going to get crazy. by SporiaUpdated 3311
Thoughts on this fractal pattern?I can't believe the similarity in these patterns, being bitcoin I guess anything is possible and if it was to play out it would shake up a lot of the weak hands.by tomten447110
BLX Still Shows A Broken Trend And Slower Growth For BitcoinZoomed in, you can see price is butting right up against that broken long term trendline, while the weekly oscillator is reaching the overbought zone. Price has also yet to reach the bottom of the curved channel (pink) The BLX chart is also mostly dominated by sell volume. Another odd thing to note is the enormous spike in volume on stablecoin traded pairs throughout the market turmoil, and specifically during the week of the SVB collapse. Even more perplexing is the huge drop off in volume as Bitcoin began to trade mostly sideways after that. Here's the Binance BTC/USDT chart as an example If Bitcoin is to touch the bottom of the curve on my BLX chart, we could see a retest of the $15.5k low at minimum. My guess is that Bitcoin will ultimately fall out of the growth curve and trend lower over time. I made a speculative downtrend channel, giving Bitcoin perhaps a few more weeks of sideways and a possible new failed high. Due to the nature of Bitcoin's support (in that it is essentially an idea), it is unlikely to drop instantly to zero, but instead trend lower and lower as people lose interest over time. Most still in the market seem to be bullish right now, already making projections for the next bull run. It's important to note that while SPX is still above 4000, Bitcoin is less than half of its all time high. Should traditional markets experience a more significant decline, I cannot imagine there would be enough liquidity to sustain another Bitcoin bull run. But....we live in strange times. It's perfectly possible that I'm completely off here. Nevertheless, I'm sticking to my view for fundamental reasons. If Bitcoin continues onwards to a new all time high, I don't think it'll be accompanied by anything good...though I suppose that's part of the bullish Bitcoin thesis :) As always, this is my opinion only and should not be taken as financial advice. This is meant for speculation and entertainment. Shortby VictorCobraUpdated 1111
BTC Long term analysis BTC Long term analysis.... Now we are In falling channel.... If we break out channel this will be huge bullish sign... Possible pullbacks from the top of the Channel by EtoYa7770
$BTC is the correction over, or do we grind higher?Been expecting a 3 wave move in this bear market formed of 5 waves down, 3 waves correction, final 5 waves down. Not sure it is quite over yet and sentiment is that if the $32400 area is broken we have confirmation of a new bullmarket. Indicators are suggesting we are more likely near a top than a new bullmarket based on: Stoch RSI forming a double top pattern at extremes -: note, crossover not confirmed yet Williams Vix in the low sell band LMacd declining green bars divergence -: note, no moving average crossover yet In my opinion, price can stretch higher and I will only look to short either: A) when all 3 indicators are flashing at the same time to sell (awaiting the crossovers) B) price enters my shorting zone marked in the rectangle TVC:DXY having alot of fake-outs, but looks like it is building a bottom structure again Natural Gas and Crude Oil are breaking out, which is a forward indicator of inflation surging again and therefore continuation of the bear market. Selling pressure can come in May also from Gemini and DCG fud as well as US dumping silk road bitcoinShortby theemk13Updated 0
BLXUSDWeekly Bearish Divergence setting up for the Bitcoin sale of 2023. Possible triple bottom and then slow an steady growth.Shortby mnovoUpdated 6
90k Bitcoin by Dec 2023?2023 looks like it will be bullish. Is it possible that that Bitcoin could reach 90k by late 2023 or even early 2024? Yes anything is possible, however it's not likely. What is likely is the beginning of the new bull market (March/April) is what I believe. Until then, we will only see small movements with volatility growing upward into second quarter of 2023. The Stochastic RSI on the monthly has never had a false signal and historical marked the beginning of the Bull market. Only time will tell, Invest responsible. This is by no means investment advice. Longby WeAreSat0shiUpdated 447
Wall Street Cheat Sheet Psychology of a Market Cycle on BitcoinWall Street Cheat Sheet Psychology of a Market Cycle is a very famous one among traders and investors. While this sheet was made with the intention of Stock Market, I see it's been used much in Crypto world as well. In this chart I try to plot the respective psychological stages in the chart it self based on my interaction with local traders/investors. This is not an accurate as it's only reflects my personal view. Anyone can interpret this differently based on their social sentiment. Something additional I have added are; Line of Disbelief: This line indicates a price point where many people will have a disbelief of the price action Line of Hope: This line indicates a price point where many people will move from Disbelief to Hope Credits: wallstcheatsheet for building Hope you liked it, as always share your views and criticism. Educationby cryptochi19861111
Various cycle bottoms of BitcoinThe chart shows various forms of previous bitcoin cycle bottoms, so far we have had double bottom, adam and eve bottom, and if we have bottomed this time around, we would have an inverted head and shoulder bottom.by timhku3
BTCUSDThis is the last run for me. Yes, you read that right. 2026 is for casted to be our next mother of all crashes. Feel free to visit this chart then. In 2023 every monthly red candle is a buy for me as i layer in. 2024 will be quiet but steady growth but I think we might see a monster divergence signal on the RSI as people buy property and are over extended. Margin calls will likely ruin 2026-2027 till 2030. i may update this as my studies are honed and refined but this is my initial cycle count. But, I am 100% wrong... M~Longby mnovo5
Golden Pocket on Bitcoin Weekly TimeframeIf we break the rising trend we are on in the weekly timeframe and close the candle below, the GOLDEN POCKET area that will welcome us is very clear. (Don't be afraid.)by the6ylalUpdated 3
BLX - Big RunA suggestion of large bull continuation coming The curves are exactly the same and sort of act as a cup and handle Supporting my previous idea of a run to 700K which is what I will link below by Bixley113
#Bitcoin #BTC #BTCUSD Are We There Yet? A Year LaterThe question on everyone's lips, are we there yet? Is the #BearMarket bottom in? Almost 1 year ago to the day I shared my Bitcoin bottoms up idea: Which used Ben Cowen's risk indicator to indicate the bottom or top of the Bitcoin market waves. The theory for using this indicator is as follows: 1. Bottoms must be below 0.20 2. Tops must be over 0.85 3. Anything below 0.60 but over 0.20 is accumulation As you can see the indicator called the following tops and bottoms: 2011 Bear Market Bottom 2013 Bull Market Top 2015 Bear Market Bottom 2017 Bull Market Top 2018 Bear Market Bottom 2020 Covid-19 Crash Bottom (Black Swan Event) 2021 Bull Market Top That means that this theory of use for the indicator has correctly identified every significant bottom or top since 2011 apart from the November 2021 blow off. While the November 2021 blow off top is not completely insignificant many do not count this as the top from a technical point of view and there are a host of valid reasons for that. If we take a look to the present day we can see that between the end of June and October 2022 the indicator dropped below 0.20, which begs the question, was that the bottom? I have marked 14th November 2022 as the possible bottom and there are strong indications that this is the case. However, what we must remember is the wider picture and the likely recession that is incoming (Bitcoin has never experienced a recession so will be unprecedented times). I therefore believe we will see an accumulation phase, without breaking above the 0.60 level before returning back down for one final plummet to put in a further low (in much the same way we put in a higher high after the top was called in late 2021). For me the sensible play is to allow the time to pass more before entering the market, as mentioned these are unprecedented times, with the Ukraine/Russia war and looming recession. The risk of further lows is far higher than the possible risk of not catching the exact bottom price in my opinion. Having said that if you did enter around 15.5, and I know some who did, you cannot say it was a bad move at all. Let me know what you thinkby jamesdbarnard1
Everyone thinks the Bullmarket is BACK! ... but it isn't.BTC DOUBLE topped for the first time in its history. People expect there to only be ONE downtrend from the top... well reality is about to hit the bulls hard when the yield curve un-inverts and rates get cut. Don't believe me? Research those concepts for yourself and make a decision. It's different this time. You've been warned.by millertrade942
BTCUSD - Run to 700KAn idea for BTCUSD showing extreme growth during a strong bull market this is an extension to 2.618 of the previous rally's bear market Large continuation pattern by Bixley116