Bitcoin will remain in an uptrend with minimum price action and slow days overall. I expect it to continue to look this boring for the next couple of weeks. This is usually the time when people are short and fear a break down even though we have already bottomed. The smart investors are accumulating.
Yes, yes, yes... Bitcoin is forming nicely. All is going according to plan. We are now just playing the waiting game. $56k might have been the bottom, if not - it's GETTEX:48K I promise. Lower than that just doesn't really make sense even if stay in this range for months. sweet spot is 56-62k range for weeks then rally. I'm telling you that I may go down as one...
Let's keep things simple on a daily since the chart patterns seem to make the most sense here. As you can see when Bitcoin formed a double top on the daily it was all downhill from there. Now it is forming a cup and handle pattern on the daily time frame - So it will most likely just be massively up from here. Don't say I didn't warn you that the TA should be kept...
I REPEAT DO NOT GET WRECKED. Look at the chart - it is speaking to us all. If you don't see it then you aren't gifted. A course can't teach you this stuff you have to feel it in your psyche and bones. I am one with the chart - ever since 38k is the bottom and you missed it. Then I made 48k is the bottom don't sleep on me. Now I am making this. Same pattern every...
Some said I wasn't gonna show up... Well, that's what the talking's about, but I show up to the showdown to show off when the show's on for all of the crowd! I am here; applying fear, like a .44 or a hawk in your mouth when somebody forces you to withdraw an amount more than a mortgage and house out of your storage account. I am fear, like walking towards that...
Note the ranges and keep in mind the trend lines. I have fully mapped out Bitcoin's flow and you can utilize this chart as a basis for your TA. When I made "38k is the bottom and you missed it," I still believe that testament to be true. But only time will tell. Just look at the chart and see if you can spot what I see.
It doesn't look good for AMC or any stock that is showing negative revenue. Fed is keeping the growth stocks and high-value tech sectors up while other struggling companies are dying to inflation and high rates. I think AMC will get the short end of the stick and continue to go down like it always has been in the past 3 years. It will bleed down to $2 by June if...
Here is my prediction of the possible price action for BTCUSD leading up to and a bit after the Bitcoin Halving. Previously I expected a big dump pre-halving but it looks like that has already happened if we look at the technicals. BTC looks to be creating higher lows and I think it will continue to do so until the halving whilst topping out. After Bitcoin...
Updated idea from my infamous ($38K is the bottom and you missed it) idea. Sadly this one isn't as fun as not enough people are bearish enough to refute me on this idea. This could be a good or bad sign depending on how you look at it. By studying the patterns I have concluded that BTCUSD will NEVER see under GETTEX:48K again and if you got in at that price or...
If we don't stop at 58k during this two-week pull back then we are dead. I don't want JP Morgan to be right for heaven's sake man.
just updating the zone, the last target was reached - but I'm not too sure if it will pan out up like the last two ideas I posted like this
Do you see what I see? Do you hear what I hear? Do you feel what I feel?
Watch this zone because it may be the last bullish indicator pre-halving. If BTC fails in this zone it could retrace down to $62k before the halving which would still be good for the bull cycle. This zone could cause us to go higher and super-cycle if we break above and hold the line into the halving. All eyes on this zone.
Bitcoin dropped down to 38k while everyone was extremely bearish after the "sell the news" event of the ETF. I saw people say 32k next, 28k is a magnet, blah blah blah. The fact of the matter is that below 30k is nearly impossible at this point considering how many catalysts are to come for Bitcoin. #1 The ETF doesn't matter as much as people thought it did....
The chart is self-explanatory here. The hourly chart as well as lower time frames show a cup and handle forming pattern which is typically bullish to the upside. Fed news was positive - they confirmed 3 rate cuts this year so the market will continue to frenzy and BTC will do what ever Wall Street does, unfortunately.
I'm flipping bearish because I know if I do Bitcoin will magically do the opposite and go up next week. Please let me be wrong like always.
BTC will start to make sense again. If it doesn't continue this uptrend then it will go back to a more reasonable range.
Bitcoin looks to be moving up some more - I expect it to go sideways a bit leveling off higher then forming a cup and handle on the hourly time frame then more upside. Pay attention to my levels. Above the ATH resistance is $75-76k if that break there's no telling how high it will go.. maybe 80k, or 82k, it's anyone's guess but rejection is always possible. I will...