Bitcorn
Bitcorn Expanded Flat VariantLooking pretty dang good for this. Here are a few paths im keeping an eye on.
Signs of Bullishness - BitcornI think the suspected Wykoff Accumulation (ignoring wicks) has followed up with a spring and is ready to launch. As always, there's a chance of being wrong and the downside is significant once below $58k. I have target around $64-65k for myself if this plays out as predicted, however, higher is down right possible, talking to YOU Jim Crammer ;) . I have a small 50x long from $60k, so I am bullish. Appreciate the risk, NFA, DYOR
BTC Update: Added key levels + possible future moves.I got a few good calls on BTC in the last months, so i’m going to give you one more.
Clear skies ahead imho. We should get to ATH in the next 2/3 weeks in the worst case.
We could get a pullback before ATH, but that should be the last one. The 59k level seems the most likely scenario, but even the upper trend line from the previous uptrend channel (aqua green trend lines) seems a good candidate.
There’s a big sell wall around the previous ATH (63/64k) right now. If we manage to break it then it’s gg for the bears.
Good luck!
Bitcoin 30 min Time Frame ViewBTC seems to be hanging out in a megaphone right around the high volume node. $58k can still be bullish even if we just retest briefly, as long as we hold that level. Below $58k could get messy. Just an observation, not financial advice. DYOR
Cheers!
BITCOIN Channel ViewBefore getting too shook, keep an eye on this chart and give it a follow. It will be a decent "Neutral" reference. Watch the channel if scalping and watch for a break of it here sooner than later ;) Not financial advice.
If $59k +/- THEN 100kIf we can break up here , hold a bit and maybe consolidate above $58k that would be great. If we can gain volume a bit I think this can happen. If by chance we get up to $59k I would hope for another consolidation at which point we can all board the shuttle. (NFA DYOR)
Blessings and Good Luck!
btc 10\10 update ~good morning, after taking a deeper look into the whole crypto eco-system
i realized that a lot of the alts are ready to make a pretty nice run from here.
personally, i've picked up some sol, aave, and icp today.
good possibility that btc is about to complete a larger wave 4 correction via an abcde, and should begin that fifth wave to 59~60k into wave (1) on a higher degree before a deeper retracement
i'm counting the whole move from june -> today as a 1-2-3-4-5 with the fifth wave ending at around 60k-ish.
some people have counted the recent drop from the 53k peak as a wave 2, but i'm feeling more like it was a wave 4, due to the nature of how it moved.
lets ride.
💸
I found a whack-a-mole pattern o_0Excuse my Rainman-esque markups but I believe we're about to begin the downside of the overall Wyckoff distribution. Share your thoughts in the comments or drop a like if my chart annoys you and I'll have customer care get back with you.
shorting the corn?bitcorn, i think will pull back soon. probably next week for a more serious move probably just start building a position rn. There's strong shorting volume with decreased buying volume today. divergence, at a solid resistance zone, macd already crossed, accumlation is at a high. solid trade if you feel like taking it, target 100 and 200 daily MA, although DCA out and in.
BTC looking good for short scalp long $48-49KI think this IHS pattern has a reasonable chance of playing out. I have a target of $48k to $49k, but this is not financial advice.
Prediction 2021The Prediction Duck quite literally "QUACKED" at me this morning looking at the chart.
3-5 month consolidation would verify a support around $35k. Later quarter possibly see a nice rally to test to ATH of $65k. Enough volume, I think $82,5 is a realistic goal for the EOY.
Death cross is ruffling the feathers. Consolidation forming. COINBASE:BTCUSD
"Get Long" R Jemery Once Said200 ma bounce + Descending Wedge + Rsi Prime+ Macd coiling.
I'm long and bullish but not a financial adviser, nor giving advice.
BTC to retest 200ma on Daily?I have been waiting for this and it looks probable that we will retest the 200ma on the daily. This is will either be a good entry for a long or a dead cat bounce further down. I cannot speculate further at this point... This is not financial advice.
🌾CORN - Some Call it 'BitCorn🌽🌮🍿No, it's not a cryptocurrency poised to double in price, it's just the price of CORN (yes, the one we eat).
You can make Fajitas and Tacos with it🌮, use it as a topping on your pizza or omelets or eat it on the cob 🌽, you can even go ''pop'' in the cinema🍿
Over resistance, tested it as support and not gonna stop until it hits 900 this year.
the FXPROFESSOR 🌾
ps. if you like futures check our cotton ideas
BTC in an intersting spotHrmmm. Think we go up but more likely we range for a while. That's a big call. LOL.
A Little Bit Of A Bull Flag - BitcornWell to say the least we are still Bullish IMO. I see a bit of a bull flag forming and thus identified the measured move as well as lower support. Even though I have bear target I am bullish for the moment. This is not financial advice.
BTC VS DOLLAR BOTIf Bitcorn can use that channel for support its off to the races - 66k
The Rise of Alt Coins
CORNHUB! Bitcoin through March and beyondI'm honestly just not feeling this rally yet. I don't even want a breakout right now.
I would prefer we reset all technicals at $42k before we make the next move up.
To be clear about the green and red bubbles, those are in reference to the key of Bitcoin: DCA (dollar cost averaging)
Red means wait to DCA later. Green means stack sats. SO....
HODL on comrades, don't trade BTC!! You'll get REKT. BTC gives AF about short/midterm TA, so just stack and HODL.
Bitcoin ONLY respects the 4 year halving cycles and will rip your face off if you try to get cute.
Follow this chart, hit that like button, tell me what you think about this short term analysis and give me a follow!
Thanks!
(Calling Bitcoin "Bitcorn" is a meme, if you see people talking about the price of "corn" they probably mean BTC. Get yourself some more corn so you won't be hungry later!!)
Bitcoin 15 minute chart breaking out of channel??I'm seriously not feeling this breakout. Looking for rejection at any of the lines on this chart, or a H&S reversal. I'm as bullish as they come about Bitcoin, I'm just expecting a 42k rebound before getting our faces melted off again. If you think this bull run is over, look at the BLX weekly chart and zoom WAYY out to see all time prices. This cycle is far from over. We have gains coming well into next year.
Mega Long BTC S Curve S Curve bitcoin adoption.
Demand doesn't have to grow anymore for price to continue exponential growth.
Supply is diminishing at current demand.
It's not unlikely that 2017 was a stunted cycle in the early phase of an S curve adoption cycle of this nascent technology.
In this chart I am predicting a roughly $100 Trillion market cap by 2030. I believe with diminishing supply and increasing demand it would only take a small fraction of $100T to bring BTC to those valuations. I believe that less than $10T invested into Bitcoin can pump the market cap to those valuations. I do believe that can and will happen in less than 10 years. I do believe that we still have larger percentage increases ahead of us than we saw in the last cycle.
The emerging Bitcoin economy will foster a new type of banking industry with free market interest rates. At a certain point in hyperbitcoinization people will realize they no longer need or want to sell their bitcoin for material items they want/need. With free market, sound money, over-collateralized banking, Bitcoin hodlers will be able to earn 10-25% interest on their Bitcoin. People will no longer need to rampantly speculate on risky stocks with astronomical PE ratios, when they can loan their own Bitcoin out at a "PE Ratio" of 4-10 with negligible risk. Conversely if the hodler is looking for a loan, they will be able to use their Bitcoin as collateral and receive a fiat loan to purchase a home/vehicle/etc while keeping their Bitcoin.
Imagine the supply/demand dynamics when virtually nobody is willing to sell their Bitcoin but literally everybody wants it.
Hopefully at that point we will have forgotten about "unit bias", or in other words preferring to own an arbitrary "whole coin" rather than preferring to own something more valuable. We will be able to look at even a million dollar bitcoin as a means of safely storing our value, even if it's only a few hundred or a few thousand dollars of value that we are looking to store in the form of a few thousand satoshis.
While literally everyone will benefit from this sound money system, those who buy Bitcoin earliest will reap the most benefit.
Bitcoin 30 minute chartJust pumping out charts looking for something new,
trying to provide long term and short term outlooks.
