BitcoinLong
BTC pro analysis without bias
Updated
I do my best to look at every chart in a neutral stance. I hope you find my analysis true to that.
By triangulating 2 spirals on wave patterns, 2 trends, and 2 PI circles (1 SRC PI cannot be shown due to clutter of chart) These are the high probabilities. The market will fall to the spiral and bounce up back into bull cycle, or it will make a decline to one of the 2 markers at about 49k or the last wave low at about 51.5k. Good news for the bulls as no matter the case, things are sure to be turning around, or turn around within 4 days maximum.
these are dual scenarios for bull also incorporating the possibility of a little bear market within the next 2-4 days as a likely maximum bracket for return and this is great news for bulls. The low target fall is about 49k and it will look to climb immediately- this target may or may not transpire, however if it does, it will be very quick in all likelihood after penetrating the bottom of the spiral shown in chart.
We have 2 paths shown labeled A and B. 'A' path seems steep, yet it shows it as a possibility. 'B' path looks more realistic and has a higher probability for a 100k target. We also have 2 respective dates in May and June where wave cycle allows in perfection to reach 100k by using the wave compass.
*The above shouldn't be taken as financial advice*
If this diagnosis serves you well, I take donations. Thanks and happy trading! <3
By triangulating 2 spirals on wave patterns, 2 trends, and 2 PI circles (1 SRC PI cannot be shown due to clutter of chart) These are the high probabilities. The market will fall to the spiral and bounce up back into bull cycle, or it will make a decline to one of the 2 markers at about 49k or the last wave low at about 51.5k. Good news for the bulls as no matter the case, things are sure to be turning around, or turn around within 4 days maximum.
these are dual scenarios for bull also incorporating the possibility of a little bear market within the next 2-4 days as a likely maximum bracket for return and this is great news for bulls. The low target fall is about 49k and it will look to climb immediately- this target may or may not transpire, however if it does, it will be very quick in all likelihood after penetrating the bottom of the spiral shown in chart.
We have 2 paths shown labeled A and B. 'A' path seems steep, yet it shows it as a possibility. 'B' path looks more realistic and has a higher probability for a 100k target. We also have 2 respective dates in May and June where wave cycle allows in perfection to reach 100k by using the wave compass.
*The above shouldn't be taken as financial advice*
If this diagnosis serves you well, I take donations. Thanks and happy trading! <3
Note
spirals may not show you exact as some indicators like to move depending on screen resolution. Thanks.Note
if we follow trend, we also have 2 80k targets to look for a moderate gain also in line with vertical date 'A' for a third scenario working to 100k at area 'B'.Note
Note
Note
Note
The map Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.