first focus .btc 90 k? okay okay okay
well guys hello
i update this btc chart for more things to be more clear for now and for the long term
want u to focuse on the chart and imgs when i tell u about it let's start
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BTC ON img 1 we have done 1-2-3 up and now we in wave 4 and expect a wave 5 to 90 k
we had a zig zag correction on wave 2 . and 5 waves up inside the wave 3 to 65k
we have now a flat correction watch the ig chart u will see abc in red that is the flat correction
we bottom on 30 k on wave A and we got a wave B above the last ATH and now we in wave c the red one
we have a nice zig zag correction on wave c and it's so clear
5 waves down abc up and 5waves down
now we in wave 4 watch the img 2 u will see an abc correction zig zag on wave 4 so this will keep drop lower to the target around 22k
and i will update things on this level later
like ad foollow
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more reasons for btc to hit 90-100k .
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1- RSI follow wedge on weekly we over sold on weekly
2- as we now crypto for the s&P markets the etf etf have one more wave up as btc and it already did a nice zig zag correction so expect it to pump on any momunt
3- us dollar was rising so high and it got a 4 waves we in wave 4 correction rn on us dolla so aftet this finish us dollar will do one more move up that will make crpto dump aftert that us will enter and nice correction for weeks
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that's al lwhat i have hope u enjoy it
100k
BTCUSD 24K bottomHello Bitcoiners ,
BTCUSD is about to flirt with its longterm support curve, as it does every cycle..
I'm looking for 24K as a bottom.
And for some bullish hopium, 100K early next year.
Bitcoin appears to have skipped a top, i believe this will happen again, in a fibonnacci sequence. 1 1 2 3 5 8 13 ...
Where we will see True tops in 24-25 37-38 57-58 , and Muted tops in between, as we have recently experienced.
Lets see what happens...
Quick look at the bull market support band for BTCHere's a quick look at the weekly BTC chart with the bull market support band on.
The bull market support band (b.m.s. band) has in pervious years been a very good indicator in terms of indicating a shift in the market.
When the price gets below the band, the price tends to get into a bear phase. And when the price breaks above and holds above the band, the price tends to start a new bullish trend.
Currently the price has broken above the bull market support band. The price went up to 48k and came back down and retested the B.M.S. band. The price needs to stay above the band and break above 48.3k to gain more bullish momentum.
Last time the price went above the band, it came back down to retest it. After the retest, the price went from 39k to 69k!
If the price stays above the bull market support band and breaks the 48.3k level, we could then very likely see a move to New ATH! Almost every single time the price has stayed above the band, the price has made massive bullish moves! We may see one soon!
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Yearn.Finance - The First Cryptocurrency to Reach $100K?Based on my analysis of Yearn Finance's all-time wavemap, it is my belief that this cryptocurrency will be the first to break above $100K. Unlike the others the may attempt to follow, YFI looks as if it has great potential to reach AND MAINTAIN the ever elusive 100 K mark.
My buy limit is set and ready to go.
Where's your surfboard?
BTC LONG TERM SCENARIO - This is my Bitcoin prediction from a long term approach -
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Make or break moment for BitcoinBitcoin is in a critical situation where it needs to hold the long term trend line for a last chance to continue the bull market. If BTC loses the trend line, we are most likely heading towards 29K. The market structure could be interpreted as Inverse Head and Shoulders, but the last time it hit the line, it played out the opposite. Some analogies can be done in both structures (1,2,3) looking like some fractal pattern.
BTC Head & Shoulders reversal patternChart shows a reversal for the price of bitcoin, Price broke 50/100 day moving average with good consolidation. It is now resting on the 200 day moving average and 12 month moving average with a respected 9 sequential.
The Price will consolidate in the 50% FIB before it starts moving in which ever direction god decides to take it :)
Prediction is 100k by end of 2021 from delusional reddit gamblers... Good Luck to all!!!