#BTC Crash Looms: Market Braces for Sudden Downturn. BTC may start dumping from 66600. This dump will be primarily to liquidate long positions. I have already shared trades for all altcoins. Please DM me for timely updates and all trades.
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Kuala Lumpur, Malaysia: Bitcoin will be going to lose some interest over time and the distributions are on the way. Meeting with the crypto whales today, they agreed to release their holding. Thy are not going to bet the system. Mining difficulties are showing stress level. No sign of recovery over next 2 months. It is better to release than holding. This...
Hello everyone, In this video, I dive into the least price action of bitcoin. I use different indicators such as moving averages, Elliott wave counting and oscillators. I also explain why I changed my Elliott Wave counting and my opinion on this current BTC trend. If you like it, don't forget to FOLLOW ME, SHARE, LIKE AND COMMENT
It is Q4. Q4 momentum is the year end momentum. After Bitcoin did the 2nd ATL, we all already know that this Q4 and next year will not the the favour for Bitcoin. We still losing momentum from the China mining market although Europe and US country has already toped up their hashrate to cover the temporary process decline. But it is not enough. We all know that...
Bitcoin is forming a pennant pattern on the 4hr and 1D charts. Although I am still waiting for a retest, this pattern is extremely clear and because of that I believe that it is very strong. Throughout this drop over the past few weeks, many pennant patterns have formed and almost all of them have resulted in a significant change in price... Here is one...
Hi guys, MA200 is the strongest support line of Bitcoin and has been in the past years. If today's candle closes below MA200, it is a sign that we might go lower and fall into a bear market. But if the candle closes above MA200 (ignore the wick) we may bounce back soon to a bull market and a great opportunity to buy more. The RSI and MACD are pretty low,...
Yeah I know it sucks for Bitcoin to drop so massively and destroy all short-term hopes for a continued uptrend without "downward disturbances". I anticipated the drop and predicted it on Jan. 7 Still it caught me off-guard and brings a bit of annoyance and call for patience. To the chart we go and let's check back with my Bitcoin channel prediction (see related...
As predicted, BTC failed to make new highs, stopping just short of $19,500. The coin has now started an overdue correction. Now it is essential to find where it will bounce back so we can enter once again! Support Levels Finding suitable entry points goes hand in hand with finding the right support levels. The first support level stands at $17,000, where BTC...
Currency Pair: BTCUSD Time Frame: 1H If you read my previous analysis you will find we are not at the bottom yet. I am going to explain the upcoming situation here step by step in brief. Here 'A' point denotes the 5k wall and 4.8k,4.5k,4.4k are 'B', 'C', 'D' onwards. Look at the chart right now. The possible scenarios : Rejection from B level will lead us to...
Currency Pair: BTCUSD Time Frame: 1M In my previous analysis when Bitcoin was trading near 5.6k I have mentioned that we haven't reached at the bottom yet.I won't go thru a longer discussion here. At this time there is too much selling pressure. Earlier I have mentioned that if we break 5.4k we will face a massive massacre. Now 4.4k is a possible accumulation...
Currency Pair: BTCUSD Time Frame: 1W Exchange: Bitfinex I won't go thru a longer discussion here. Earlier I had posted a technical analysis hoping for the bull run. I had given their two significant conditions one of them was to exit from the current situation if we hit 6350 below. I hope you guys did. Now everyone is waiting to see how far bitcoin can crash....
We are in a place where price has the highest chance to take out lows or highs. If we take out the highs at 6630 we would have a complete change in behavior and we would have identified an uptrend just as it began. Because we are in a downtrend , we don't want to buy in now. We want to hold our cards and watch, let price show us the way.
This model uses simple arcs to match the highs and lows and project BTC explosive growth into the future. Naturally, now BTC has had it's "emergence" and as the market evolves, the magnitude of moves and the speed begin to reduce and slow down, respectively. This model assumes a linear increase in duration of bear market and Bull/Bear cycle to estimate the time...
Andrew Pitchfork + Bullish Crab Disclaimer... No active trading..No cyrptocurrency holding at present..Not an investment/Trading recommendation