Bitcoincore
Bitcoin Bull Run 2021? Bull Run 2021 Thesis/Narrative: ~1 year of consolidation/accumulation, enough to cool off macroeconomic/coronavirus crisis & even develop a vaccine. Fuel to the fire would be mass printing of money as aid to failing economies. In '08 gold exploded once the dust settled. $BTC too?
Bitcoin Cup and Handle Long term Scenario. BearBullish Weekly Chart
Short term Bearish , Long term Bullish scenario on BTC based on a long term term cup and handle pattern. Never let your emotions guide you! We must at least consider the possibility of whether another crypto will challenge bitcoin for king in the time being as they works on fixing their network in efforts to lower transaction time as well as fees.
I am not a financial adviser, do not take this as financial advice!
Bitcoin artificial price maintaining and DROP Bitcoin price correction and this so called "levels of artificial price" which is being hold by sharks 'n' wales should not last long.
When Bitcoin makes his next retracement (which is happending already), you should all cashout your positions (except maybe XRP or few more altcoins), but, in general, whole market will make a 30%+ dropdown.
Therefore, i' m suggesting you to cashout your positions on time, because BTC will RESET MARKET ON FACTORY SETTINGS. Keep that in mind.
BCH UpdateHoping this gets invalidated soon... not trading this.... volume looks like it could be back... waiting to see...
BTCUSD 8h: Remember segwit. Forecast 7.000/7.500 USD (Chart 2/2)In my chart of 21 July I described the segwit steps. The prediction was exactly right (first trendline). Now the segwit goes on. Here is the new chart. All other movements I have considered.
Let's see what happens. Happy trading. :-)
See also:
Chart 1/2:
Current forecast: