BtcUsd

Updated

BTC
4h Time-Frame

Possible scenario #mid-term;

After completing wave “Y” from “C” triangle and good enough flooring in designated area, can start an uptrend towards “D” lag.

Analysis in lower time-frames will be done shortly.

Note

According to our previous analysis, price has arrived at the designated area.
The above mentioned chart is the overall scenario of #BTC since ATH 19K
Please have in mind that this scenario is not a short-term one.

After the price drop to the 6K zone and according to the price corrections and timelines we can see that #BTC is fluctuating in a triangle...

After completing “C” lag from the triangle we can expect an uptrend in the form of 3 impulse waves which is indicated as “D” lag.

But before all that, #BTC has to finish with the correction pattern in the current price market.

* following analysis of the current scenario is done in lower time-frames *

In this page every subsequent analysis is a continuation of the former; first in higher time-frames and long-term perspective, and then lower time-frames and short-term perspective.

Therefore its better to follow the most recent analysis according to the previous one to better understand the overall scenario and price movements.

To support, kindly share.

Good Luck!

Note

Supportive range that there is a possibility of returning the price...

I expect to completed this corrective step within the specified range
This is just a possible scenario

<deleted>

Note

We had a good return from 6400 range after a correction wave.

Until and unless I see a specific pattern I am not going to update the chart, and will do so in case I see any changes.

Currently we have 3 resistances mainly 7450, 7800 and 8200.

We might have a small correction at 7450
But!
It seems that we still can expect some growth until it reaches 7800, so trade cautiously in this region.

At last but not least, the main resistance that #BTC has to break is 8200 price point (Fibonacci 61%)

#Suggestion

The ones who have purchased #BTC in different steps, can sell around 7800 and after #BTC crosses 8200 can enter again.

Chart will be updated in higher price ranges.

Kindly share to support us.

Good Luck!

Note

Hi Guys
Whats up?

On the contrary, it failed to stabilize above 7450
As I said before, the wave pattern Y needs to be completed

If do not fix below 6200 ...
A possible mode is the make a triangle
In this case, we do not see a high price dump
but
It is logical to sell at the current downside, after returning to the top of 7K

And wait until the 6200 range
or wait to complate the pattern

Note

Hi guys
How's it going today ?

We are moving according to the chart and as we planned a triangle for “Y” which “C” wave also completed within it.
In case we break through 7120 resistances, #BTC can grow until 7450 to complete “D” lag.

Low volume and slow movements in correction waves as in our triangle is completely normal.

Correction we had from 11600 is not a simple one and we are witnessing a complex and complicated correction here (WXY) which makes is very hard for anybody to forsee the price movements.
But if you look into our analysis you can see that we have advised about the downtrends and temporary exit sign from the market.

Overally, I expect #BTC to start a new rally to the top after completing “Y” pattern.

Note

About to form the “D” lag after crossing 7100

Able to grow until the designated areas

And then entering the correction phase to complete wave “E” and finally a new rally to the top.

Kindly have a check on previous analysis to understand this better.

To support, kindly share.

Good Luck!

Note

Hi
whats up ?

As we have advised before, we broke through the triangle and a sharp movement happened right after that.

Trust in our analysis and share our page so more people can benefit.

just look this in private ideas and play
it's great
you can see, This analysis is already in the update section of this idea ...

thanks for support me
Good luck and trade safe!

Note

Anybody out there who could forecast Bitcoin since 6K?!

It’s time to share and support our page so please like, comment and suggest our page to your friends!

thanks !!!

Note

do you know Anybody ?
Anybody out there today who can refer to their analysis back in 6K and they were right about their forecast?!

ha ha ...

kouchi

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