50k
100K by 2022 | Don't Listen to Me, Listen to HistoryIt seems like everyone is in panic because of the recent dip to 7600...
Don't forget; the halving is 2 months away and we are right at the bottom of the logarithmic channel support.
If there was ever a time to BUY...this is it.
You will laugh/cry at the fact that you were scared to buy below 8k when we fly to 100K within 24 months.
Good luck to all!
*UPdate: much accumulation in BTC (CRITICAL) pt. IIDid a mistake in my last idea by scaling shorts/longs in screen mode, now scaled to right axis so BTC price.
This the updated version because I cant delete last idea.
(No financial advise)
I*m a doge
*Scaled and adjusted a bit around, seems to fit my correction curve that I placed months ago*
Arthur's path to bitcoin analysis gloryI mean, for all I know, Arthur picked $50K because it was a round number and major psychological barrier. Nonetheless, I see a ton of people saying "it's impossible". Those people either weren't around last year, forgot we pumped $10k in 10 days, or are just regurgitating meme-laden bullshit from discord and may very well be retarded. Either way, $50K is totally doable, but we may need an ETF to kick it off. Make it happen.
The flipside to btc having NOT bottomed is a bottom closer to $4k than $5k IMO.
BITCOIN progression over next few weeksred line is .5 on the fib, also a MASSIVE resistance zone. It is the previous high on the down channel. The purple strikes are a inverse H&S, be aware that if thats true, then it will most likely start to rise up to an extension zone in the 16k area. (I think this analysis is better than the current harmonics and triangle)
Reasons why for 16k? the current fib layout puts resistance at the red line and the .236 zone at 16k range. On the down side, an asymmetrical pattern, if the market decides to crash, is somewhere between 4.9 and 5.9k, I can’t find an exact number, but 4.9 is my channel bottom and has been since jan. 4th. The right purple strike is along the long term trend angle, another confirmation. On top of all that, RSI is a pinnacle point of reverse( try not to think over bought over sold) but think market exhaustion and emotion balance. The fear of ZERO is gone, partners have only been growing in the market, and past predictions from big players have been coming true. Along with all the business side, the technical side has proven pretty true over the last 2 months(jan. 4-current) fib numbers, trend lines and triangles have all been confirmed, and now a major H&S will be confirmed in the next few days/weeks. Follow the chart in the triangle to the resistance line, as long as it breaks high, then it will test that zone. One of the biggest issues that can occur is whats called a Short Squeeze, where the short positions will be covered, and volume + price will spike. If that happens expect a correction on the opposite side of that spike. All things aside, long term looks good for BTC, and as someone who has been in Bitcoin Since 2013, I have no more fear of major sell offs. The road to 50k has ensued. GOOD LUCK!
ETCBTC blue-chip crypto which has some good growth potentialI marked with blue arrows double bottom which was quite a significant level to enter the market. Around 30k there is strong support/ressistance area which is playing important role on the chat. This level was breached today and open possibility to go up to 50k in near future. Pair is finally trading above 200ema which is also suggesting bullish trend.
I think that it is very possible for this pair to go up to 89 and beyond even close to 100k.