2024
2023-2024 Forecast - from Dow Jones 2000-2002 dot com RoadmapThis is a chart of the Dow Jones 2000-2002 dot com bubble market overlaid on the Australian share price index, but really, this Dow Jones market could be laid upon a number of U.S. indices and you would still find a high level of correlation.
The forecast dates are unlikely to align. The overlaid will need to be pushed and pulled forwards a backwards by a number of months to achieve 1, 2 or possibly 3 'best-fit' potential outcomes.
The major low is generally more likely to aligning with a secondary low (a low just before or after the major low), or possibly one of the highs between the lows.
Don-Key Finance 2023 key resistance to breakAnyone in Don-Key Finance will want to see these two trendlines broken in order for a higher target moving into the 2025 bull run. DON needs to break between the $0.04 and $0.06 price range in order to move higher. These are major resistance trend lines that need to be broken through and would be nice if this happens in 2023 if not then we wait till 2024.
Is BTC's Rise a New Bull Run or Just a Temporary Rally?Hello Tradingview community and dear followers, welcome to our first BTC update of 2023 on the main page.
after a period of stagnant market and a decline of more than 75% from its all-time high of $69,000 to $15,400 (BITSTAMP prices) over the last 13 months. finally, we have seen BTC show signs of recovery at the start of 2023, with gains of 28% so far, after a period of a stagnant market. This leads us to the main question on many traders' minds: Is BTC's rise a new bull run or just a temporary rally?
Please note that the information presented here is based on the writer's opinion and should not be taken as a guarantee of future performance. It is intended for informational and educational purposes only not financial advice.
Based on our chart analysis and comparison of BTC's movement after BTC halving, we can see that the data is interesting. Even though this downward cycle is happening at a different rate than previous cycles, we can extract some insights.
On the bullish side,
BTC has a chance to establish $15,XXX as the bottom and start a new bullish trend until the next halving and the formation of a new all-time high.
For this to happen, BTC needs to hold above $15,000 and break out to $27,000 in the coming weeks during Q1 of 2023. If this occurs, we may see BTC continue to move up to $32,000/$37,000, making this year a green year until Q2.
Then, a final correction to $21,000/$18,000, followed by the Bitcoin halving to create a clear path to a new all-time high of around $100,000. However, it's important to keep in mind that these predictions are based on the current market conditions and are subject to change. It's important to stay informed and use a combination of technical and fundamental analysis to make informed decisions.
On the bearish side,
if BTC fails to break out above $24,000/$27,000 in the next weeks and falls back below $17,500, it could lead to another panic sell-off, resulting in further losses for bulls. This could potentially push BTC down to $15,000/$13,000/$10,000, which is a possibility that some traders have been anticipating and we were on of those people.
Our personal view,
based on the current performance, the bulls appear to be doing well and have a good chance to break out above the last high of $22,000. This would be a positive sign for a trend reversal. However, until that happens, we are not fully bullish yet. Nevertheless, we have been taking advantage of the movement by sharing some signals at $15,800/$16,300/$16,700 which are currently yielding good gains.
We believe that the bottom is only confirmed when a trend reversal occurs and not before. During the period before a trend reversal, a potential bottom can be identified, and trading can be done based on that potential with strict risk management in place.
PS:
The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person But As analysts, we provide both bullish and bearish scenarios, highlighting potential buy and sell zones. However, it's up to the trader to conduct their own research, use caution, and make informed decisions. Keep in mind, the market is unpredictable, and having a bullish or bearish bias doesn't guarantee a certain outcome. Please note, we do not short BTC, and our predictions may be right or wrong and this is not financial advice.
Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Crypto total marketcap in late 2024 early 2025 at $33 TrillionA few points to consider a $33 trillion dollar crypto total market in late 2024 early 2025. As you can see from this 3 day chart that we have one low in 2015 at $2.1 Billion and the high of $792 Billion in 2018. The number of days from this low to the next high is approximately 1,066 days. If our next low comes in early 2023 and we use the 1,066 days for the next peak date will place the total crypto mktcap value at $33 trillion in late 2024 and or early 2025. The low in 2018 was $91 Billion and the high in 2021 was $3 trillion. By using calculating the percentage increase of the 2015 low to the 2018 high we get a 36k% increase and if we can duplicate this same increase for the next peak at 36k% will put the total crypto marketcap at $33 trillion dollars. I used a fractal from the low in 2015 to high in 2018 to give us a visual for the 2024-25 peak. I am also using the beambands to show the possible direction of this peak if we are oversold at $33 trillion.
[Bear Market] End in sightThere is not long to go until the bear market is complete
You can see a descending triangle which is a bearish formation,
I believe bitcoin will bottom out around 11,000~9,000usd worst case scenario
You can see the fall off in sell volume and the rise of the rsi, throughout bitcoins history this has always indicated the bottom of bitcoin, especially trading under the 200 ema for this length.
Patience will make you money.
In the year 2023, I will accumulate as many crypto assets as possible for the 2024 bitcoin halving.
Expect another 3~4 Month Bearish Trend
Thank you please like/comment
Inflation Canada well I am continuing these charts till we hit my stop loss and go down---
if you look at my indicators you will see inflation is at 2% in canada right now and will continue being 2 percent for a while---I dont think it will do a uturn for a while I think we are stabilized at this point for a while.
thanks for reading - if your policitians get this to the right people please inflation isnt real-- it takes a 5 or 10 million trade to make 160 trillion on here lol----
BTC looks like a double bottom (2024)btc usdt looks like a double bottom
see, it follows that blue line
soon round or elliptical bottom will get formed
load up guys
next bull is at 2024 - get ready
some say 17500 or 12k or even 10k
but it wont happen
if you have tranches of amount to invest, invest some now, and keep some if you think it will reach more on the downside
Long-Term Bitcoin Projection | HALVINGIn this chart we have my forecasts and expectations for bitcoin before Halving.
I believe we won't have any big significant moves before the same thing happens.
Historically speaking, we should have a dormant market until 2023 and 2024 a small improvement and start to rise with the help of the halving and I believe that 2024/2025 is already a moment of euphoria and time to take profits.
I will not make any sales of my coins be it altcoins or Bitcoin before this deadline.
I believe that the 12k/13k barrier is quite important and crucial as it is a metric that has never been broken before if it gets there, which is to stay below the previous top.
But as we are at different times and with a huge recession in the economy and with large increases in interest rates, I think that this scenario cannot be ruled out.
Just like in 2018 everyone believed that the bottom was at 6k, Bitcoin went there and surprised everyone once again and melted +50% going to 3k making the last clean of who was in the market, terrifying everyone in general.
I think the same is happening now at the 20k level creating a certain stability and I want the 20k to be the bottom.
I also think that the Golden Cross can be a very important moment to see the price of Bitcoin go up in case I think the same will only happen if the price keeps moving sideways towards the end of 2023.
Breaking the 28k/30k barrier we will have a price that is already quite consolidated and possibly the beginning of a new rally.
It is worth mentioning that we may have fleeting moments where the price almost touches this resistance and is rejected or even passes and re-enters the lateralization.
Lastly making a crazy projection and in a more personal way for me to see this analysis in the future would be to see +100k Bitcoin in 2024.
Attention, all this information is based on my guess and with the knowledge I've acquired since 2017 (ie, no shit) xD.
Path to next halving bull cycle launch April 2024My own plan to follow for the rest of this bear cycle & the coming bull run 2024
Planning to DCA in to alts when BTC hits around 12K price.
I think we are going to that price due to global market conditions & we are still early in a bear cycle to pamp from this current price of 19,800.
Of course consider the ever changing landscape as markets dictate's cryptos direction.
However we all know from the past the real catalyst for the bull run is the BTC halving & that's currently predicted early April 2024
If the crypto cycle plays out as per the past we should be in a major green ATHs around end of 2024 & early 2025.
Plz if anyone reads this its my view of all things considered & you need to DYOR as investing in crypto can be great or terrible.
Good luck & Peace & Love to you from this Aussie Bogan
BITCOIN IS THIS BOTTOM OR JUST STARTING At the outset, I would like to inform you that I have been a big fan of the wave theory in the last five years, but in science there are no feelings and biases, as well as in markets, and also the theory has not reached the limit of idealism and some critics say that it did not reach the limits of theory, it is only a hypothesis and It has been going on for such a long time because of its many possibilities. anyway , this discussion will be as simple as possible and easy for the public to understand, even non-specialists, and from them I will present some scenarios that I see as possible to happen on the Bitcoin chart.
# The first scenario:
Have we finished the FLAT and are heading to ATH ???!!!!
I wish if the answer to this question was clear and certain , this perception takes the third place out of four, and the reason for this is the downward wave from the top of 69 to the current levels not clear five wave .
Well, according to this scenario, the end of the correction is expected at the 23k, from which we start a new bull market (remember this scenario takes the third place among the possibilities)
The second scenario:
It is a rare but possible pattern, like what happened in the Dow Jones Index in 1966, which is the expanding triangle
In the wave principle, there are four triangular patterns(Without counting the irregular top) , and the below chart shows the expanding pattern, and it may develop and change into a second type of the family of triangles. One must be careful that the triangle is one of the most difficult patterns to anticipate early, and its volatility is very high.
There may be some intellectual fanaticism on the part of some wave analyzers regarding the internal structure of waves. they assert that they be from the zigzag family, and this condition is not true
The third and fourth scenarios:
They are the most important and most likely, which is that the wave from 69 to the current price is the first corrective wave of the model and it is formed with a 3 waves structure that is very satisfactory to the rules and guidelines, anyway, the main reason for my preference for this scenario is to study time cycles (note that time cycles are more scientific and have been worked on a lot), so since we are in the A wave of the structure and this wave was 3 waves , so the possibilities will be limited to that the pattern It evolves and takes a flat or develops and takes a triangular shape and the balance tends to the triangular model due to the economic and global conditions
I know that this perception of the next movement is boring and takes the sideway character (and sorry, but your Lamborghini will be delayed this time ) and the correction may end in the first quarter of 2024, but remember the markets are not devoid of opportunities
Well, what do we gain after all this talk showing charts ??
It is very simple and here lies the strength of the wave theory, so that all the mentioned scenarios agree in the upcoming movement, which is the rise to the levels of 48-50 thousand. This wave at least gives twice the profit without using the leverage, and what do you expect to happen to the rest of the alt coins in this rally : )
I wanted to post some mysterious Fibonacci sequences for Fibonacci fans but it might take a lot of time
Anyway, a little advice from me
Life is more beautiful than the trading markets, do not be addicted to the price movement and lose the most valuable thing you have (your time) I wish luck to everyone
My greetings