Get started

Bitcoinbullrun

Bitcoin bull run update hi guys i have an little update about the semilarity between 15/16/17 cycle and 22/23/24 Cycle Enjoy guys and hope that can helps to made the right decision ... This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency Stocks Or Forex, including This Pair. Please conduct your own research and consult with a financial advisor before making any investment decisions.
BITSTAMP:BTCUSDLong
by Yassine_Houd
bitcoin next bull run As Bitcoin ( BTCUSD ) is battling to break its 1W MA50 and extend the rally of the new Bull Cycle, as all previous Cycles did, we looked at the 1W time-frame from a different angle and present to you an outlook that may have gone overlooked. As you see, every BTC Cycle Bottom can be viewed as the Head of a giant Inverse Head and Shoulders (IH&S) pattern. The first two Cycles topped on the 3.0 Fibonacci extension counting from the 0.786 retracement level of the previous Cycle's top-to-bottom. The most recent Cycle topped on the 2.0 Fibonacci extension .
BITSTAMP:BTCUSDLong
by bullstraders7
Bitcoin TA-Bottom/Next Bull 2023 to 2027 - Final Thoughts Hello everyone, not a financial advice though, This chart analysis is the continuation of the below Bitcoin and DXY Analysis: After Detailed Analysis/Examination in all aspects and making different chart Analysis like Elliott Wave Theory/DXY/Volume/Indicators/Oscillators/Patterns I came to the conclusion with the current Bitcoin targets as somewhat realistic in my mind. In past When the macro trend of DXY is over and DXY is Bottomed - S&P500 is making Double Top and Two Lower Lows. So, Bitcoin is a new class of asset there is no previous macro trend of Bitcoin, since Bitcoin is looking Bearish in Yearly Candles wise, so, I feel Bitcoin may make two major Lower Highs and Two major Lower Lows My Targets: by Dec-2025 - In and around - 55600+. (I took according to 4 year cycle of Bitcoin) by Mar-2027 - In and around - 11800. (I considered 1 Year Bear cycle of Bitcoin) currently Jan2023 am thinking DXY is in topping process with sideways consolidation (whenever DXY consolidates and creating Bearish Divergence in RSI than Bitcoin is in Accumulation/Recovery phase). This is not yet confirmed but comparing to past history, something similar now. Like, share and comment is you have any questions. Thank you, Bitcoin Yearly Analysis:
TVC:DXYLong
by nmchary
2
when is the bitcoin bull run? bitcoin long range targethere is my analysis on the macro situation for bitcoin. using elliott wave, we can see that regardless if a bottom is in or not, this will be the final leg down and that we are going to start a run from here. elliott wave is able to show me where we are in the market and by using the fib tool, i can get a rough prediction and bounce points. my targets for the next run are from 185k-249k, this can depend on adoption and things like that but that would be speculation, the price will probably be higher but i want to give realistic targets, based off pure analysis and not speculation
Long
by joshwashington
4
BTC bull runCould history repeat itself? Well, I hope so :) Looking at the beginning of the current bull run, which started end of Jul 2021, the price was @ 29K, shooting to 52K in 45 days. To blow some steam price pulled back to 50% FIB level, which is also a recent support level, which is also a 200 EMA dynamic support. Once reached this strong level, it bounced back to upside to reach its ALL-TIME HIGH, which is also a FIB level of 168%. If we map the same price action to the current situation, we might expect the price to keep pushing downwards in this bullish channel, to reach a support level @ 52K, which is around 50% FIB too. I would anticipate that it would be touching the 200 EMA as well. Do you think it can repeat the same behavior of the last run, and reach 168% FIB @ 84K USD by Dec? Wishful thinking :D
Long
by O_Fx
BTC ATTEMPTING TO RE-ENTER BULL RUN! 4 POTENTIAL PATHS BTC IS ATTEMPTING TO RE-ENTER THE BULL RUN - But will we have to wait longer? If we zoom out we can see that BTC could drag well into OCTOBER and still remain bullish... Any scenario except for "the blast" would give us potentially better buy in opportunities. Important to consider is who is driving the market right now and that is the INSTITUTIONS and they will test your patience in order to shake out weak hands... I personally think a BIGGER DIP, something that really gets the people indecisive is where the Institutions are going to push this because that's where they make money. With that said, I think the BIG DIP idea (orange) is more likely. Also important to note is that this is a VERY RISKY AREA to use leverage! Institutions will be trying to trigger a "chain reaction" of stop loss orders and nobody knows where the market will go. TIME will tell.... Patience.
by Mboersma0324
Bitcoin Bull Run to $100K+ Once We Break 200 Day Moving Average!Hi guys, this is OG back with another Bitcoin update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. In this post, I will go through a multi-timeframe analysis of Bitcoin, from the daily timeframe to the 4H TF down to 1H TF and even the 15Min Timeframe in order to provide a comprehensive technical analysis of Bitcoin. Let's start on the daily timeframe. In this chart we see that Bitcoin was starting to run of momentum around 60K. While there was a series of higher highs at 58K, 62K, and 65K, these higher highs were only incrementally higher. After topping out at 65K, price formed a head and shoulders pattern, from which price broke down and crashed to the low of 30K. During this crash, price fell below the 200 Day Moving Average, and as a result many are saying that the bull market is over, since the 200 Day Moving Average is used by many to determine whether an asset is in a bull or bear market (i.e., if price is above the 200 Day Moving Average, then we are in a bull market and if price is below the 200 Day Moving Average then we are in a bear market). After the crash down to 30K, price started to consolidate right under the 200 Day Moving Average, getting ready to break out. The question is which way it will break out. From a purely technical perspective, since the first leg of the move is down, there is a higher probability that price will break to the downside to continue to the trend. That said, price didn't get any separation from the 200 Day Moving Average (ie. there is no visual gap between price and the 200Day Moving Average), suggesting an exhaustion of bearish momentum. There are many instances in Bitcoin's history where price consolidates right below the 200 period moving average just to break back above, trapping many shorts. I'm personally leaning towards this scenario, where Bitcoin is trapping many shorts below the 200MAs before pumping back above and continuing the bull run. If so, the area between 30K and 42K would be the biggest bear trap of this bull market. Currently, the 200 Day Moving Average is at 42.5K, so I will be paying close attention to if Bitcoin can break and close above that level. Moving down to the 4H timeframe, we see that there was as series of lower highs at 42.5K, 40.8K, 39.5K, and 38.5K, forming a resistance trendline that kept prices down. Bitcoin eventually broke out of this resistance trendline at 37.5K and rallied all the way to 41K, thus taking out 3 out of the 4 swing highs, leaving 42.5K as the only unconquered swing high as overhead resistance. Coincidentally, this lines up perfectly with the 200 Day Moving Average, showing just how important the 42.5K level is for bulls to overcome. As a result, it likely wont be an area that is easy to overcome, but once it breaks, there is a high likelihood that there will be a strong rally as sentiment flips from bearish to bullish, leading to shorts covering their longs and those who have been waiting on the sidelines in cash or stablecoins to once again come back into the market. Price action on the 4H timeframe is quite bullish at the moment, as price managed to break and close above the 200 period moving average and have started to consolidate, seemingly getting ready for another leg up. If enough energy is built into this consolidation, there is also a chance that price violently breaks above 42.5K without much resistance, similar to how price broke above 6K when everyone thought 6K would be Bitcoin's biggest level of resistance (for those of you who remember when Bitcoin bottomed at 3.2K and rallied to 14K before the Covid crash). Moving down further still to the 1H timeframe, price seems to be in a bull flag/symmetrical triangle. And since the move into the triangle was a bullish move, there is a higher likelihood that price will break out to the upside from the triangle (of course, it could also break down, which is why we need to track it). Even though this is a tight triangle, a break above would give us a target near 42.5K. This is why in this post I wanted to cover all of the timeframes, because right now they are all interlinked and a reversal on the higher timeframe will start on the lower timeframe. Keeping an eye on the lower timeframe will therefore give early warning as to what is likely to happen on the higher timeframes. Now drilling down to the 15Min timeframe, we still see the symmetrical triangle from the 1H timeframe, this time with more detail. We also see that the 200 period moving average on the 15Min timeframe is at 39.5K. Since breaking above the 200 period moving average on the 15Min timeframe, price has not retested it, so I wouldn't be surprised for price to retest it before moving up. In fact, this is where I'm waiting for a potential long entry. If price comes down to test the 200MAs and gives a bullish signal (eg. candlestick, trading pattern, volume, MACD, etc), I will be looking to put in a long trade. The first test of the 200MAs after an extended move typically has a high probability of price continuation, even if it is only good for a scalp trade.
Long
by cryptotraderog
16
CRITICAL MOMENT FOR BITCOINBitcoin is at a critical moment of this bull market flirting with the 20W SMA. The last time it touched this critical support was in September 2020, where it kicked of the bull market by holding it as support. If we see a weekly close below the 20W SMA, we could see a lack of confidence in the altcoin market and potentially short-term capitulation. Otherwise, in case of a bounce, we could potentially see a relatively quick Bitcoin surge to the 60K range and test this critical resistance level.
BITSTAMP:BTCUSD
by zkdev
Bitcoin $BTCUSDC Target PTs 80,000-95,000Market Wrap: Bitcoin Near $60K as Coinbase Listing Stirs Fresh Crypto Hype Bitcoin (BTC) trading around $60,120.82 as of 20:00 UTC (4 p.m. ET). Climbing 0.68% over the previous 24 hours. Bitcoin’s 24-hour range: $59,428.21-$61,219.72 (CoinDesk 20) BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians. Bitcoin surged early Monday to a four-week high of $61,219.72. Analysts said the largest cryptocurrency might have gotten a boost from the hoopla surrounding U.S. exchange giant Coinbase’s coming direct stock listing Wednesday. In cryptocurrency circles, the “Coinbase effect” is when a digital token gets a price pump after getting listed on the cryptocurrency exchange. But bitcoin might get the benefit of a different type of “Coinbase effect” – if newbie investors, spurred by mainstream press coverage of the stock listing, decide to put money into cryptocurrencies. “The Coinbase hype within crypto, in terms of valuation and its domino effect on other markets” means Wednesday’s direct listing might become “a key catalyst event,” Singapore-based crypto quant firm QCP Capital wrote Monday on its Telegram channel.
by BADQOMOCAWGOWLD
Bitcoin Update Next Target @ $66,953 13% Gain New ATH in AprilBitcoin Update 02/04/21 Next Target @ $66,953 13% Gain New ATH in April I've loved charting BTC last Month, analysis has been quite spot on just waiting on our new ATH now @$66,953 13% Gain from current price level. Bitcoin has found key support around $58k price level. It looks like the Bitcoin Bulls are back in the market. Worst case scenario from here in the short-term could see the price test the 50SMA, and breaking below this level would see another test of the 200SMA before the anticipated move to the upside and our target of $66.953 at the 127.20% Fibonacci level. See previous analysis below. Happy trading :) Update 29/03/21 Bitcoin next Target @ $66,953 21% Gain Nice bounce from the whale accumulation zone at the 78.60% Fibonacci Level. Looks like the BTC Bulls are back in the market. See previous analysis below. BTC Monthly Outlook Update (23/03/2021) Approaching Whale Accumulation Zone at the 78.60% Fibonacci level @ $52,371. Interesting next few days from here as a bounce from the 200 SMA at the whale accumulation zone could finally see us break through the key resistance at the current ATH level from 14/03/21 @ $61,690. April is set to be a very interesting and pivotal month for the cryptocurrency space. See previous analysis and monthly outlook below. Happy Trading :) #whaleaccumulationzone Update 21/03/21: Yesterday the Bulls failed to push the price higher and we had a small retracement down from $59.5k to $55.6 where we found some support of the current price level (-7%). From here the worst case scenario would find us in a key whale accumulation zone @ 78.60% Fibonacci level $52,371. However this scenario is unlikely to play out and as expected from the previous outlook before, we expect the Bulls to come back in the market, pushing as further to higher highs as we have been consolidating around this key price range between $54.5K to the current ATH @ $61.8k. If we fail to break past the previous ATH , the bearish scenario may see a test of the 200 SMA around the 78.60% Fibonacci level, otherwise the Bullish scenario is still in play. Note that from this current trend from 28th January we have only tested the 200 SMA once and a bounce from this level may signal a much stronger bullish move towards our price target $77,335 @ the 161.80% Fibonacci extension and further $107,340 @ the 261.80% Fibonacci level. So far great performance this month from BTC as March is usually quite a bearish month looking back at the past. April looks ready for us to really fly, testing the 161.80% Fibonacci extension , but note this may not be a straight forward push but all the fundamentals are pointing towards the $70K as our next significant area of interest for the Bulls, currently a 16% gain from the current price level would see BTC reach $66,953 127.20% Fib extension. See previous analysis from 1st March 2021 below. Happy Trading :) $BTC #HODL *Update 20/03/21 BTC Monthly Outlook Update from 1st March 2021; 13 EMA crossing up 50 SMA showing strong bullish sentiment as we are about to enter the last week of the month, expect the bulls to come back and to push the price higher. Currently the 127.20% Fibonacci Target ($66,953) has not been tested yet, but we expect some big movement in price over the next few days and further going into the last week of the month (Yes, it has been March Madness), 13% Gain from the current price level @ $59,390 to $66,953 127.20% Fib extension. Our next target after this is $77,335 @ the 161.80% Fibonacci extension . From our analysis at the beginning of the month It looks like scenario 2 has been in play, see below previous analysis from 2nd March 2021. In addition to previous price analysis, the Cryptocurrency 'Super Cycle' is in play as we are just at the brink of global adoption. 2017/18 was the hype era, we cannot continue to set targets based on the price movements during the cycle mainly fuelled by hyper and euphoria, it is now 4 years later and real development has been happening behind the scenes, a lot of people cannot quite comprehend the growth and the different cycle that we are now in as Moore's Law of exponential growth can only give us a hint at the growth that is about to be experienced over the next 4 year cycle. An increased influx of capital injection into this now trillion dollar market will only continue, as Defi takes its hold on current Global financial infrastructure, and yes history repeats itself, We call this the 'Roaring 20s' just like before at the end of WW1, the pandemic has only accelerated the current adoption rate of blockchain technology. As some are already aware, the best time to grow a million dollar portfolio was from 2009 to 2019 just after the housing market crash. The second best time in our lifetime is Now! from 2021 to 2029 after the pandemic market crash. We are still very much Bullish for BTC to reach our EOY Target of $356,000, See below key fundamentals which support our bullish sentiment. *(March 02, 2021 Update) BTC is currently consolidating at 61.80 Fibonacci Level. BTC outlook for the month ahead is still very much bullish . Although the sellers have been in control of the market since soaring to a new ATH on 21/02/21, BTC took a sharp retracement as expected at these new level of resistance as well as a new ATHof$58,792 on the Gemini Exchange. As from historic highs we see a lot of profit taking occurring after 3 weeks of setting new constant highs from the previous low of the last push wave which saw BTC setting a high of $42K and then sharply retracing down to $28,787 where we found the previous resistance and also the beginning of the last phase which saw one of the greatest run of Bitcoin in history, reaching the current ATH of $58,792. With the current push phase now over we find ourselves asking how low can we go from here and when do we expect to break past a new ATH . This outlook is based on 2 possible scenarios which could both play out. We have seen the 50% Fibonacci retracement level respected on the last 2 Push phases which both set new ATHs, the first being $42K and latter, the recent high of $58K. As we have seen a strong retracement over the past 7 days back down to the 50% Fibonacci, it may be time for the BTC Bulls to regain control of the market as the current fundamentals point to the 50%-38.2% Fibonacci level of key resistance as well as a point of accumulation for the BTC whales, more importantly the $39,000 mark when looking left at the previous key resistance before the parabolic move to the $58k ATH . With this in mind, from the current levels we could see the price of BTC sink further before the much expected move which could see BTC testing the previous High of $58k and further pushing to the 127.20% Fibonacci extension level setting a new ATH @ $66,953. Scenario 2 would see the current push towards the ATH continue but may face some resistance, and further consolidation expected around $46k-$49k as they are the key Whale Supports towards the upside, so a further retracement could be in play, possibly testing the 50% Fibonacci level, as well as the 50 SMA , with a bounce confirming an explosive move to the upside which could see BTC easily smash past the 127.20% Fib extension level setting new fresh Highs between $67,000-$78,400+ by mid to late March. Use the buy zone indicated to map out your position as a possible 52% gain is achievable from the Buy zone. Stochastics showing an extremely oversold market condition. Happy Trading :) * Key Supporting Fundamentals for BTC: Strong Interest of Institutional Players A survey of institutional investors and wealth managers who already engage with bitcoin reveals that 85 per cent plan to increase their investment in the cryptocurrency over the next two years. The survey, which was commissioned by Nickel Digital Asset Management (Nickel), a regulated investment manager connecting traditional finance with the digital assets market, also reveals that between now and 2023, 72 per cent expect professional investors in general to invest in bitcoin for the first time or increase their exposure. Current Economic Instability The policy of the US Federal Reserve and the economic instability that has arisen as a result of the unprecedented emission of new dollars may further play a role in the growth of Bitcoin price...10% of the $380 billion stimulus money could be going directly into cryptocurrencies and Bitcoin . Digital Gold Crypto currencies certainly look as if they’re here to stay. It makes a lot of sense to have them in an increasingly digitised world. While bitcoin has a strong tendency to polarise opinion, it has now gained acceptance among some of the world’s largest financial institutions and payments companies. MasterCard, for instance, has said it will begin supporting crypto currencies on its network later this year. PayPal already allows eligible users to buy, sell and hold bitcoin in the US and expects to roll out its service in other territories soon. The Case For Global Adoption and New Reserve Currency Cryptocurrencies promise to help solve problems that are particularly acute in emerging markets (EM). Their governments are often centralized but relatively unreliable, which destabilizes currencies, opens the door to profiteering middlemen, and erodes public trust. Blockchain, the technology behind Bitcoin’s decentralized network, promises to cut out the grasping hands of governments and middlemen, and speed up transactions with more transparency and lower fees. It is offering what many EM customers are desperate for. The Development and Extensions of Blockchain Technology Due to the nature of blockchain technology’s ability to benefit all parties involved in different business operations. Since it was introduced in 2009 through the application of Bitcoin , blockchain technology continues to attract not just the financial institutions of the world, but also other fields and industries in insurance, law, entertainment and the Internet of Things ( IOT ) applications. Several scholars and advocates have also strongly suggested the use of the technology in voting systems globally, medical records and vehicle registrations by the state to further increase efficiency, simultaneously eradicating fraud in many areas. This technology does not only aim to improve conventional business operations but can also empower the greater society out of poverty as 1.7 billion adults in the world remain unbanked. The widespread adoption of a cryptocurrency like bitcoin running on the blockchain would mean that anyone with access to the internet can send and receive value from point A to B without the need of a third party. Although many Banks were very hesitant and in fact spread fear in the markets due to cryptocurrencies being linked to nefarious activities on the dark web. A recent study by Goldman Sachs suggested that the adoption of blockchain technology in facilitating seamless cross border transactions without the worry of fraudulent transactions could save up to $6 billion a year; as the new models currently being developed by the bank would mean inefficient payment and accounting networks would be eradicated.
GEMINI:BTCUSDLong
by CryptocurrencyMagnet
1
Bitcoin Jan/March No your eyes are not deceiving you, and yes these different chart sections. The first chart section is just prior to Futures Expiry in Jan. The second section is Now (just Prior to Futures Expiry). he similarities are UNDENIABLE!! According to this analysis the price break out should happen in a few days around the 26th of March to April 1st. I have a sneaking suspicion that history will repeat and BTC will head skyward once again. Who else finds this nearly identical pattern to be mind blowing?!
BITSTAMP:BTCUSDLong
by thunderbugcreative
Are You Not Ether-tained?It was just a matter of time before Ethereum could shine again. With Bitcoin cooling off, that was the perfect scenario for Altcoins and Ethereum to run. In January, Bitcoin has mostly traded on the downside, while Ethereum has quietly but steadily outperformed. When many DeFi-related coins double or triple in price in a matter of days, Ethereum meager 60% increase over a year may look like a weak performance. But what should be noted, more than the scale, is the consistency. Probably a key factor is a growing demand for Ether, which is facing a shrinking available supply. DeFi protocols are booming. On the one hand, investors need Ether to cover the transaction fees, which are becoming increasingly expensive due to the network’s congestion. On the other, more Ether are either locked in smart-contract, farming yield, providing liquidity, or supporting the Ethereum 2.0 network’s development. Bitcoin stopped at the resistance, and Ethereum rebounding on the support could buy a bit more time for the Alt-party. But gradually take some profit on the way up, as the music can stop at any time when Bitcoin takes centre stage again.
by Coinrule
Bitcoin’s New Year’s Resolutions 🍾New year’s is known to be a time to step back, assess the past 12 months past, and reconnect with your ‘big picture’. For many, the calendar year is little more than a convention… a mere habit - only really meaningful to auditors. In spite of that crypto investors, and Bitcoin cycles, seem to place heavy significance on the turn of the year. The last two bull runs developed precisely one year apart, both in 2013 and 2017. If we mark each bull market’s beginning at the moment when Bitcoin broke its previous all-time high, the “new year” started a little early this time around. It’s also worth noticing - bull markets produce most of their returns within their first year. If history repeats, as it so often does, 2021 is likely to be one you don’t want to miss! Of course, it’s impossible to predict exactly where the top will be. What we do know for sure, is that Bitcoin is the asset that’s consistently made the impossible possible, every cycle (so far!). Paying $16 for a single Bitcoin in 2011 was as crazy-a-price as $1100 sounded in 2013. Now, after just a couple of months of growth, a dip back to $20,000, or even as far as $13,000, would be a blessing to many investors. Bitcoin’s New Year’s Resolution seems to be set - to the moon! What about yours? Happy Holidays! ☺️
BNC:BLXLong
by Coinrule
Bitcoin 2017 vs 2020 Bull Run (Very Different)Bitcoin had one of its most phenomenal years in 2017 when the coin reached $19,500 for the first time. It took BTC three years to reach that price level once again. A good number of people are now wondering if this will play out similarly to 2017. However, based on the data, we will head significantly higher this year! YTD Growth In 2017 we experienced an incredible 1,800% year-to-date (YTD) growth by the time we reached $19,500. Conversely, this year, the YTD growth stood at only 170%, ten times less than in 2017! No matter how you look at it, a 1,800% growth is a lot even for cryptocurrencies. Therefore, when Bitcoin reached $19,500 in 2017, the price was hugely overextended. However, when we reached $19,500 this year, we were only up by 170%, and thus we have more room for growth. Yes, it can be argued that Bitcoin is less volatile now than it was back then, which accounts for the more limited growth. But any way you look at it, it is not ten times less volatile! Price Reaction to All-Time High Perhaps the most important difference between 2017 and 2020 is the different reaction the price had when reaching $19,500. When BTC made the all-time high in 2017, it immediately experienced a severe 40% correction in just six days! In 2020, BTC experienced a substantial 15% in only two days. However, following this we saw an immediate reversal where the price pushed even higher to $19,800! What Happens Next? We can never predict for certain what will happen in this market. However, based on the data, it is probable that we are just at the beginning of the uptrend. We may be somewhere around $5,000 when compared to the 2017 bull-run, still expecting Bitcoin to triple or quadruple in value in the future.
BITSTAMP:BTCUSDLong
by cryptohopper
12