Bitcoin pattern 2019 VS 2021
This pattern is only an estimate which is not necessarily accurate, but this pattern is taken from the history of the Bitcoin pattern in 2019. The 2021 Bitcoin candle pattern makes 2x the rise to the 2019 pattern. always remember the adage "History may not come back but the pattern may repeat itself" Dwyorr
2019btc
Bitcoin Price prediction ~ end of 2019My bitcoin price prediction as the above graph, to the end of this year, price is around ~ 10000, you will amazing why is so near current price, aha?
I think bitcoin is near the correction, and after correction need some time to recover and gain upside move momentum.
My previous prediction in Mar 2018, aligned with the bitcoin trends very well.
Bitcoin price in 2019The weekly chart above shows potential price levels, which can be reached in 2019 based on the technical indicator.
Potential growth for BTC/USD (COINBASE) in 2019:
+55% gain for target 1 (price level around 5 877 USD )
+160% gain for target 2 (price level around 9 890 USD )
+305% gain for target 3 (price level around 15 330 USD )
The lower the target number, the higher the probability that this level will be achieved.
Cheers!
Thoughts about Bitcoin (2019)By comparing the fractals we get to find there is a lot much room left for Bitcoin to fall before we can again start the new Bull run. I have marked where I think the Accumulation floor can happen. 200EMA is acting as resistance for now and also we can see RSI is also facing a resistance. I would start buying once Bitcoin successfully can cross above 200EMA and more if it crosses above 50EMA but till then I will be waiting and watching if it can come to my predicted Accumulation price zone.
You can find my last Bitcoin Thoughts(2018) here-
Comment on what you think about it!
Good luck and Happy Trading : )
Happy New Year and Do not get Rekted!Hello dear friends and traders.
I hope you weren't rekted this year!
In 2018: Speaking in terms of investing and trading, we went through a lot, I am convinced that the most difficult thing for crypto is over and 2019 will pass under phase of recovery. I hope the lessons that the market has taught us in 2018 will not be forgotten, and at the new stage of the market you will be able to confidently accumulate profits.
Expectations for 2019: It is likely that from January to March there will be some kind of flat and we will test $ 4400-5600, after which we will move into the accumulation phase between the levels of $1900-3200. I save the probability (up to 10%) of a fast wick in the level of $1200 and a quick recovery in the zone of $1900- $3200 After the accumulation phase, a new rally will come and chances to test levels above $8000 will be high.
How to make money in 2019: Average your entry from different levels and correctly spend capital as you reach the levels. Turn on additional assistants - bots will help with additional profit, and signals will help to know about the direction of the market. Remember the market cycles and use the RSI indicator for long-term planning.
And the most important moment in the New Year - I wish you to pay attention to controlling your emotions during trading, which will help you accumulate profits in any conditions.
Happy New Year and Merry Christmas to all!
Best regards,
Founder of Blackstone Signals
Artem Shevelev
Short in Bitcoin with a target price of $2kInvestors entering with short positions should be careful with the possibility that these last day moves are a false bearish break.
In the last few days we have opened short positions in several futures of the blockchain sphere for the next 2 months. Our target for Bitcoin in January/February is 3,000 to 2,000 dollars.
The triangular pattern that BTC crossed bearishly had a volatility of 2300 points, so the first bearish trend that Bitcoin should have is 6000 minus 2300. The result is 3700, and if the price falls from its 3400 support level, 1 BTC could cost around $2,000 in January-February 2019.
The most likely scenario is that Bitcoin will fall to its support lows, with the MM210 on the weekly chart being its strongest resistance. We will not be in an uptrend until the price is > MM70 which is > MM210, with both MM being bullish. For that situation, we could easily wait until 2020.
Bitcoin, playing with fireThe waited break of the price will be very probably at the begging of December.
Technically, there are more probabilities of a bearish trend; adding the fundamentals, there are similar probabilities.
In the short term is better to be prepared to both bullish or bearish scenarios.
Strategy
Sell Stop: 5 200
Stop Loss: 6 200 (<=1.5% loss)
Take Profit: 2 200
Horizon: 2-3 months
Buy Stop: 8 000
Stop Loss: 6 200 (<=1.5% loss)
Take Profit: No
Horizon: Long-term