BITCOIN - LEGENDARY ANALYSIS - LONG TERM

Updated
Hi everyone, XUANHAIMMOER welcome back with LEGENDARY ANALYSIS - BITCOIN

What is the target of you in this market ? Earn money right? Much more is better? Or learn something from this market by losing money time by time until you dont have any $ on the box?

People are alway try to do the best that they can, they consider finance investment is a game that anyone can join with little money or they sell their house to buy Bitcoin and pray for up coming and they will be rich?

Wrong wrong and all people like this they can not earn money!

If you think make profit in this market is easy with margin x25 x50 or x100 after a night and will be rich? You just care about the price of Bitcoin in short term like 15 minutes ; 30 minutes or 1 hours chart. But the true investor they will look at the LONG TERM INVEST guys, do you understand?

OK, so that is why many people request me analysis A LONG TERM FUTURE FOR BITCOIN.

LOOK AT THE CHART GUYS, YOU CAN ZOOM FOR READING ALL THING I WRITE IN ABOVE !!!

We consider the time of late 2013 up to now that contain Mt Gox hack.

I analysis Bitcoin depend on ECONOMIC CYCLE and THE PAST OF BITCOIN.

In 2014, Bitcoin has fall down -86.20% from 1173 to 162$

If it happen with this year 2018 with the same -86.20%, Bitcoin will come to lowest point is 2634$

Consider about the time of downtrend, in 2014 we have 161 bars of 1W = 1127 days (it is the time from All time high until the price go back)

If happen with 2018 so in Jan 2021 we just can see Bitcoin in nearly 20000$ again.

Ok, let analysis to CYCLE and we need consider 2 element are: EVALUATION & TIME

ZOOM THE CHART GUYS >>>

In 1 cycle we have 4 phrases:

1.Stealth phrase ( Smart money - People invest in this time is the best )

In this phrase we just have “ Take off”

This phrase is very difficult to realize, and people almost dont know about Bitcoin or others products in others economic.

2.Awareness phrase ( Institutional investors - Some first investor + Big company + Big Boy know about Bitcoin while almost are not or just small quantity of people )

In this phrase we have “First sell off” and “Bear trap”

3.Mania phrase ( Public - Many people know Bitcoin + Media attention )

In this phrase we have “Media attention” ; “Enthusiasm” ; “Greed” and “Delusion”

In this period, more and more people know about Bitcoin, every where we all see they talk about Bitcoin ( how to buy Bitcoin? how to invest? … ), we see Bitcoin occur every where we coming. This reason lead to the increasing price of Bitcoin to the peak and much people invest in Bitcoin when it in “ Greed” or “Delusion” oh terrible !!! + Pray

4.Blow off phrase

In this phrase we have “ Denial” ; “Bear trap” with severals; “Capitulation” and “Despair” for the last of CYCLE.

In this period, almost people are in euphoria, they keep invest money in several bear trap and hope and pray. They can not realize that is downtrend for long, just thiking is is correction. When the price go down much much they do not sell, keep for long time and sell in “Feer” or in “Captulation” and lose money. Others guys keep until “Despair” and see it long and long accumulation and accept sell left Bitcoin in this time.

We are in a GAME, playing for lose money because we just look at short time!

Ok what about now? Where we are? My chart will show you more clearly, please ZOOM and LOOK AT THIS CHART so you will see where we standing.

Using Resistance and Supports I think the BOTTOM AREA OF BITCOIN IN = 2800 - 3600$ ( as my caculate )

In the chart I have take note very carefully all thing I want to talk with you and you need to know about that. Read all this.

Thanks for reading my chart.

I have 2 chart in past very famous about Bitcoin:

Compare Bitcoin with the past: Active - Nearly 13000 views
The similar of Bitcoin from the past


Analysis Bitcoin - Wyckoff analysis: Unactive - Just for study - 37000 views
Bitcoin - Wyckoff Method - Analysis


Dont forget LIKE and SHARE THIS POST !!!!
Note
All you guys can reveal my short term analysis:

ETHUSD - TERRIBLE FOR THIS ?


ETHUSD - TERRIBLE FOR THIS ?
Note
Bitcoin (BTC/USD) - Next god prediction


BITCOIN (BTC/USD)  - GOD PREDICTION
Note
Hi guys, I have been read all your comment, we have many opposite viewpoint in community. Yes it must be so market will have winners and loser.

Guys, honestly I want you to know that you should stay focus on the similar, which is similar ? How it can be similar ? Why Bitcoin can down to 3xxx$ if we have not any very bad news like Mt Gox ?

You should focus on the analysis writing in above for technical and cycle of economic needed for all you instead of looking the price.

Any thing will happen, if Bitcoin break 58-60 this case will happen. It like when Bitcoin down from 20000 to 15000 or 10000 even 7000, do you think about that? No one know how dip Bitcoin can drop.

The media will boom many fucking news to dump the price, do you think we just have only Mt Gox hack ?

Final I will talk about "Legendary", this word is just for funny make you pay attention to it so don worry about that, haha.

Thanks for all you guys and good luck with your choice!
Note
BITCOIN 4H - UPDATE:
Bitcoin 4H (BTC/USD) - Key Zone
Note
UPDATE BTC/USD LONGS:
BTCUSDLONGS  - GOD PREDICTION
Note
ADA/BTC new update chart for all you:
ADA/BTC - End of the way?
Note
NXT/BTC update new chart:
NXT/BTC - Accumulation zone
Note
ICX / BTC
ICX/BTC - Perfect break out downtrend
Note
XLM / BTC
XLM / BTC - Good support - Bullish pennant - Wait break out
Note
ETH going exactly in nearly 1 month ago:
ETHUSD - TERRIBLE FOR THIS ?


We are in good buy zone!
Note
Ripple in goog buy zone, this chart I made 1 month ago:
Ripple in my expectation
Note
Update BTCUSDLONGS:
BTCUSDLONGS - Downtrend
Note
XVG / BTC update:
VERGE (XVG/BTC) - Stay above buy zone
Note
CHAT / BTC
CHAT/BTC - Break out confirm
Note
BTCUSDSHORTS
BTCUSD SHORTS - DROP
Note
ETH 1W update:
ETHUSD - Break important support
Note
Update 2H Bitcoin:
BITCOIN 2H - Dropping after bounce back
Note
Crypto market update 2018-2019:
BITCOIN - UPTREND OR DOWNTREND in 2018 and 2019 ??? ANALYSIS
Note
ALL CRYPTO MARKET ANALYSIS POST 28/9/2018

ALL MARKET ARE BOUNCE BACK FROM BOTTOM ? - xuanhaimmoer
Note
BITCOIN MULTIPLE TIME FRAME

(BTC/USD) BITCOIN MULTIPLE TIME FRAME - xuanhaimmoer
Note
BITCOIN 4H UPDATE 30/9/2018
Bitcoin (BTC/USD)  4H - Risk market will happen ?
Note
BITCOIN (BLX) EDUCATION
Bitcoin (BLX) - If history repeat again and what do next?
Note
Bitcoin - Multiple time frame analysis 1D and 4H chart
Note
LITE COIN CYCLE (LTC/USD) - xuanhaimmoer
LITECOIN CYCLE - xuanhaimmoer


RIPPLE CYCLE
Ripple (XRP/USD) - Ripple Cycle Period - xuanhaimmoer


ETH CYCLE
ETHUSD - New cycle ? When ? - xuanhaimmoer


MONERO (XMR/USD) CYCLE
MONERO (XMR/USD) CYCLE - xuanhaimmoer


ETHEREUM CLASSIC CYCLE
ETHEREUM CLASSIC (ETC/USD) CYCLE -xuanhaimmoer
Note
BITCOIN AFTER USDT FUD NEW - EDUCATIONAL
BITCOIN AFTER USDT FUD NEW - EDUCATIONAL
Note
BITCOIN ANALYSIS - NEWS & PSYCHOLOGY & MARKET ACTION - LEGENDARY
BITCOIN ANALYSIS - NEWS & PSYCHOLOGY & MARKET ACTION - LEGENDARY
Note
COMPARING BITCOIN 5D WITH NASDAQ 1M - GOD
COMPARING BITCOIN 5D WITH NASDAQ 1M - GOD
Note
BITCOIN & GOLD & USOIL & S&P500 & DOLLAR INDEX - Comparing
BITCOIN & GOLD & USOIL & S&P500 & DOLLAR INDEX - Comparing
Note
Update Bitcoin 4H
Bitcoin (BTC/USDT) - May have RSI divergence
Note
Guys, this post still active until today and we will wait the action of market!

This post will be one of several famous analysis in Trading View so LIKE and SHARE this for more and more people watch it !

LOVE ALL YOU !
Note
BITCOIN & CRYPTO MARKET IN TERRIBLE PICTURE - LEGENDARY REPORT
BITCOIN & CRYPTO MARKET IN TERRIBLE PICTURE - LEGENDARY REPORT
Note
GUYS !!!

FOLLOW THIS CHART - IT WILL BE THE BEST WAY FOR YOU GET STRATEGY !
Note
LIKE MORE FOR THIS LEGEND POST !
Note
We are in " Capitulation " guys, panic are in every where !
Note
Guys check the chart, we are in bottom zone !
Note
BITCOIN - Strong downtrend to the hell
Note
All you guys can refer my last update in here with many analysis chart with multiple time frame of Bitcoin analysis:

BTCUSD - Test neck line zone
Note
Bitcoin analysis with Elliot in middle term and the last bottom

Bitcoin Analysis with Elliot in Middle Term - Last Bottom Zone
Note
Update Bitcoin analysis 30m chart:

Bitcoin ( BTC/USD ) 30 minutes analysis with Elliot Wave Method
Note
BITCOIN - HEAD AND SHOULDERS PATTERN
BITCOIN - HEAD AND SHOULDERS PATTERN
Note
BITCOIN 2H - WAIT ACTION OF MARKET
BITCOIN 2H - WAIT ACTION OF MARKET
Note
Guys help me LIKE this post put up to 1000 LIKEs and we are going to 2800$ bottom zone for short term next !
Note
I will update newest action of market about bottom zone that we can come to !
Note
UPDATE NEW

BITCOIN - Break important support
Note
BITCOIN - Retest Success - Fall down
BITCOIN - Retest Success - Fall down
Note
Bitcoin - Overview in middle term - Bottom zone
Bitcoin - Overview in middle term - Bottom zone
Note
BITCOIN - WHY IT IS HARD FOR BREAK UP 3600 - 3900$ ???
BITCOIN - WHY IT IS HARD FOR BREAK UP 3600 - 3900$ ???
Note
Update with last bottom

BITCOIN - Viewpoint in Chart Patterns - Last dump of Bitcoin
Note
NEW UPDATE

BITCOIN - WHERE WE ARE IN CYCLE ? - LONG TERM ANALYSIS
BITCOIN - WHERE WE ARE IN CYCLE ? - LONG TERM ANALYSIS
Note
NEW UPDATE 16/12/2018

BITCOIN - BOOMING TIME WILL HAPPEN ?
BITCOIN - BOOMING TIME WILL HAPPEN ?
Note
UPDATE 17/12/2018

BITCOIN - ANALYSIS WITH MACD AND VOLUME
BITCOIN - ANALYSIS WITH MACD AND VOLUME
Note
Update Bitcoin Analysis 18/12/2018

BITCOIN - DID WE MISS THE OPPORTUNITY FOR BUYING ?
BITCOIN - DID WE MISS THE OPPORTUNITY FOR BUYING ?
Note
BITCOIN - Last bullish run
Note
UPDATE BITCOIN REPORT 21/12/2018

BITCOIN - DANGEROUS ZONE ?
BITCOIN - DANGEROUS ZONE ?
Note
Update 22/12/2018

BITCOIN - ELLIOT ANALYSIS - MIDDLE TERM TARGET
BITCOIN - ELLIOT ANALYSIS - MIDDLE TERM TARGET
Note
BITCOIN - ELLIOT ANALYSIS METHOD - WHAT HAPPEN NEXT ?
BITCOIN - ELLIOT ANALYSIS METHOD - WHAT HAPPEN NEXT ?
Note
Bitcoin analysis update 25/12/2018

BITCOIN - Which strategy and trend for Bitcoin right now ?
BITCOIN - Which strategy and trend for Bitcoin right now ?
Note
THE SCENARIO OF BITCOIN BOTTOM ZONE IN 2019
THE SCENARIO OF BITCOIN BOTTOM ZONE IN 2019
Note
Can you believe ? Watching and follow to the end !

Congrate !
Note
Keep following guys !
Chart PatternsTrend Analysis

Also on:

Disclaimer