Bitcoin post-Halving: Possible ScenariosFor those of you who don't know me, I have two obsessions in life: AI and cryptocurrencies. Not necessarily in this order.
With the BTC Halving, I decided to explore the possible future scenarios—and to analyze the behavior of BTC during the past halvings. Here are some observations—of course, I can be wrong:
𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐏𝐫𝐢𝐜𝐞 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭𝐬:
Post-halving, the price trajectory has shown notable patterns:
• After the first halving in 2012, BTC price skyrocketed by approximately 9,900%, peaking about a year later.
• The second halving in 2016 led to a price increase of about 2,946%, taking 17 months to reach its peak.
• Following the third halving in 2020, the increase was more subdued at around 679%, with the peak occurring 17 months later.
𝐄𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:
The form of the price line across these halvings demonstrates a market that is evolving and becoming more resilient.
Each post-halving period shows a gradual slowing down of volatility and price spikes, suggesting an increasing influence of institutional investors who tend to have longer investment horizons and more strategic approaches.
This trend indicates a shift from speculative retail behavior to a more stabilized and mature market.
𝐅𝐮𝐭𝐮𝐫𝐞 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐨𝐧𝐬:
In the short run, there should be a correction. This might lead the price of BTC below $60,000. However, it seems that the cycle wasn't complete, and the sideways movement right before the halving was just a short "test" that resulted in a short accumulation phase.
Since the cycle wasn't completed, BTC should at least reach $128,000 in the coming months; however, be aware that the real downfall might still be yet to come!
Bitcoinmarket
BTC short term possible movementsBTC / USDT
BTC is still following my projection since my last idea :
What next ?
In LTF BTC is forming a range with 2 main levels 69k and 58k and potential falling wedge
According to liquidity pool in this area …High chance we will see one of this movements soon
This week is critical for altcoins market
Scenario 1 VS scenario 2 or do u have another opinion..share with us
BITCOIN mid week Update - 24/01/24Hello everyone,
Im back with just quick update to Monday pre-Market idea
__________________________________________________
So, as expected we went lower really close to our Sellside t1.
Price didnt touch our t1 box, but if you trade with Trailing Take Profit, you should be taking some profit-% off the table at this point.
Today and Tommorow, there should be volatility coming so I would be very carefull about Opening NEW trades.
Remember, ITS NOT SHAME TO NOT BE IN TRADE!
Its always better to wait for setup which is favourable FOR YOU!
At this MOMENT, Im observing price on lower time frames to decide if there is highier possibility of REVERSING on Daily time frame... So we possible could run up to 42-44k$ IF news later today favour that move... OR we can not work above smaller time frame Buyside liquidity targets, and we keep going LOWER as we was expecting...
In my opinion, RIGHT NOW, is very hard to make CALL if we go lower/highier TODAY, since we already went LOW enought on weekly basis without any liquidity drivers, so there is good chance for swept on other side. Thats why I suggest to be VERY CAREFULL and if you decide participate before news, you should use tight STOP LOSS for your own good.
I'll make next update when I will be more certain about which way we keep moving further.
Hopefully, this helps some of you with your perception of market.
If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks
Joe
#Bitcoin - thoughts out loud #12Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Work plan.
Because it is necessary.
There may be a slight deviation.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
P.S.
...Think positive)
BTCUSDT ShortBitcoin has been forming a rising flag for the past few days, reaching its new year high at 38800.
I am anticipating that the price will rebound from this HH, and the formation of the rising flag might be a strong indication of a bearish pullback.
My entry point for this trade is 38200, SL at 38600 and TP at 37600 as the R:R is 1:2.
Remember, only risk 1-2% of your account.
Bitcoin Might Retest The Highs One More Time.Bitcoin hit our target from our last video on a short squeez then came back down to retest the resistance of our descending broadening wedge as a support.With this successful retest we could see another retest at the highs
Thanks for watching
BTC consolidation ends today according to the patternsBitcoin showing multiple sell signals shows its consolidation wants to end and maybe go to touch the lows.
3 Scenario Outcome for BitcoinSpeculation is just that, only speculation. Ideas to guide your trading and/or investing journey. I put a good amount of time in researching and charting over the last year to specifically develop this thesis. I hope you enjoy and please like and share, even if it's to ridicule my analysis!
With that said, it looks like there are three scenarios that are 'most' likely to play out over the next 2 years:
Scenario 1: Worst case (Red Path). Bitcoin ETF's are denied and/or a major market crash happens beginning Dec '23 or Q1/Q2 '24. Targets are the lower channel back at bear market bottom, the Value area low (Blue) & nPOC (naked point of control sitting above VAL) or below, to include CME gaps of a. 20.3k b. 9.7k & c. 3k at the very worst. 12k bears will rejoice. I for one will be selling the farm and my first born at 9k or below.
Scenario 2. Bitcoin ETF delays (Orange Path). The range continues with a top off near the Macro VAH at about where price stands as of today, 11/11/23 @ 37k-39k. Price would most likely seek to validate back to fair value at 32k, and then retest down to 20.3k for the CME gap fill creating one of the most powerful patterns as an inverse head and shoulders. Given the channels, this seems the most likely with an upside target to the VAH again near dump of April/May '22 and now resistance at 48k. Target is summer of '24.
Scenario 3. Moon boy status (Green Path). This means the Bitcoin ETF was approved prior to any fundamental problems (ie FTX 2.0, WW3, declared depression, etc) and no need to wait for price to come down past 32k, possibly ever.
B. There is the possibility of a priced in ETF scenario that allows for the channel to stay valid. In this case, if price action does not moon over 48k up to ATH's, it likely sets a re-accumulation zone above 48k, playing within the upper channel, with a last dip into the 30k's before we see ATH's.
Either way, Bitcoin is ready to rock and roll.
Now to the less juicy part of this bull run. Give the diminishing returns as most assets have as they age, it looks like 100k is going to be the biggest and baddest of all resistance from a percentage standpoint. Gone are the days of 33k% gains. From the top of each market cycle to the next top we go from over 1k% to now 250-ish% last cycle.
Here's where I 'm at from a charting and fundamental stance:
Bitcoin gets a 44-54% blow off top (Shown in price range) from previous ATH's up to 100k-ish. If it's more, great, sell because you've been stacking or you're long. Buy your lambo, more power to you. However, given the current M2 issue, loan maturations (refinancing in '25 from 2.9% to almost 5%) as well as the overall credit and savings crisis, Bitcoin's blow off top could be in the 80-88k range. That would put the total market crypto cap at ATH's of 3.5-4 Trillion range. If Chairman Powell decides to turn the printers on for 2025, then some of the moon boi's out there may see 150k, so we all win anyway from a plebs perspective. #Stackon
BITCOIN: A REVERSAL OR DOWNWARD MOVE.Hello readers,
Welcome to this quick update on BTC in a 6-hour timeframe. In my previous update, I mentioned the $27.3k resistance level which BTC clearly didn't manage to break out, resulting in a rejection toward $26k. If this pattern continues, we can expect BTC to reach down to FWB:25K or $24.5k. This could be the possible odd scenario for BTC. Talking about the positive side, a trend reversal and breakout above FWB:27K could turn the table around.
The 21 MA which was acting as a support had turned out to be resistant to BTC. A miraculous reversal could save BTC from falling any further down.
What is your expectation in this current situation? Let me know in the comments.
Best regards,
Team Dexter.
Bitcoin Could Break 31K Today Despite The Sell SignalsBitcoin Bounced Back from key level and now is trying to move up. will it break 31K or the Sell Signals were the sign of reversal ? two new bearish patterns emerged too which could get invalidated today if we go above 31.4
Thanks for watching and buckleup for a move