MJRaddish

MJRaddish

Stacks/Bitcoin pair is at the lowest is has been since its last capitulation phase. It usually bounces from here and this low signals another bullish uptrend. Looking at the demand zone at the bottom we can see there is a good opportunity to buy the lows from 0.000012 satoshis and HODL until mid to high 0.000045 satoshis, making 4x+ on your Bitcoin.

MJRaddish

We predicted that Bitcoin was in a Bullish Bull flag months ago: Now Bitcoin is in a Bearish Ascending Channel. If Bitcoin breaks below the channel this time, it could reach 88k. Bitcoin Dominance will also rise back to the highs it has seen before this consolidation point.

MJRaddish

Bitcoin is forming a three cup pattern on the 4HR chart. Unusual pattern but it signals that there is still a lot of buy pressure for Bitcoin. If this pattern continues, the next cup would take us to 99.5k

MJRaddish Updated 

Bitcoin is forming a Cup on the 4HR chart, expect BTC to bounce back to 94-39k from here. And then this will give Bitcoin support to potentially move back into the previous ascending channel. Shorting from 96.5k until we see a retest of 94k.

MJRaddish Updated 

Bitcoin has broken down from two key ascending channels and it is heading toward original breakout resistance from the previous bull flag formation at 84k.

MJRaddish

Bitcoin Ascending Channel formed after breakout of the previous long term and short term ascending channels. Will keep updates when price targets are hit.

MJRaddish Updated 

Bitcoin is in a Ascending Channel pattern and it is showing no signs of stopping! We have broken ATH, but expect BTC to fall to healthier levels (92, 91, and 89 for maximum pain).

MJRaddish Updated 

Bitcoin has crossed back into the Bullish channel, lets see if it can sustain it.

MJRaddish Updated 

Bitcoin has had a massive move above its last resistance, at around 75k. Bitcoin looks to be topping out in the 90k's, potentially signaling a swing down back to the mean. Holding off on long or shorts, as Bitcoin is in no man's territory. Best thing to do is to risk off right now. Take profits, raise stop losses.

MJRaddish

Bitcoin is forming an Ascending Broadening Wedge on the daily. After breakout out of the long term bull flag, we have analyzed the price action and confirmed that Bitcoin key support levels are at 65k and 68k. Now that we have confirmed support, Bitcoin is forming a broadening wedge pattern.

MJRaddish

Bitcoin is gearing up for a massive move! Bull flag pattern is showing signs of a possible breakout of the long term structure.

MJRaddish

The chart is forming a Bull flag, which seems to point toward an accumulation period and possibly a demand zone at 52k.

MJRaddish

DXY's long term trend is a downtrend, so I expect DXY to continue downward around 70 points within a few years.

MJRaddish Updated 

Bitcoin is on a clear uptrend within its range. If you are late on the previous move there are still opportunities to capitalize on this uptrend. Buy the lows at 65k or the support line(s) before there is a breakout.

MJRaddish Updated 

Bitcoin is forming a descending triangle on the daily, showing clear demand zone at 59k and a decreasing resistance. Could be a bullish continuation of the weekly trend. If BTC Daily closes below 59k there could be a larger retracement back to the 200MA, 43k.

MJRaddish

Bitcoin is within a range from 62k-70k on the daily, and it created a descending triangle with the range low as support.

MJRaddish

Bitcoin possibly in B wave of ABC wave, next wave could take BTC back to all time highs.

MJRaddish Updated 

Bitcoin is on a continuous "melt up" uptrend. We could see a 75k Bitcoin very soon.