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BLX

Bitcoin 277k top? The factor of 10. Bitcoin long term perspective using line chart and focusing on the scale factor 10. The factor of 10 starting at 1k. 1k -> 10k -> 100k -> 1M 2013 top $1177 (-88.23% of next 10 factor - 10,000) 2017 top $19764 (-80.24% next 10 factor - 100,000) Difference between above -8% approx. Then project that against next 10 factor 1million. My projection is june 2023 top so 2023 top $277k (-72.22% of next 10 factor - 1million). That is approximately 5.4 Trillion market cap for bitcoin. Black top resistance line connects 1k to 10k once these prices were reached on the monthly timeframe respectively. Blue top resistance connects 10k to 64k top which leads to a 100K price around february 2022. I expect we reach 130k and retrace as projected in pink arrow. Then continue for another swing higher to form a rising wedge (see my related post for clear illustration) Next bear market low I have projected as $50,684 around june 2024 approximately 1 year after the 277k ATH projection, an approx -81.70% retrace and around the date of the next bitcoin halving. This is simply an observation and projection from the observation, it does not imply certainty. Time is important in terms of how long was spent at 1k and 10k which we can forecast for the subsequent 100k (should it happen) that I may discuss at a later stage. Always adapt strategy according to what market tells you. For now let’s see how it plays out as this is a 2-3year projection, anything can happen. Good luck.
BNC:BLXLong
by TheCheartBreaker
BTC/USD (Warning Signal?)💎Technical Analysis Summary💎 BTC/USD -Warning sign for BTC, the price closes below the 50W Moving Average -It is now trading below the weekly key area of support -If BTC is unable to get above the 33k area in the coming days -Please be cautious and manage your position sizes -Because we don't know how far BTC will go if this downward continues -Good luck traders and stay safe! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:BTCUSD
by PolarHusk
22
"the cross roads"bitcoin is at a crossroad right now, as it has been trying to confirm this impulse for these last couple of days to no success. bulls are defending this local gz with their all, but time is running out as momentum could seize at any moment. tonight will be attempt number 3. if we can confirm this move to 33k, then we're buying the dip at 31,900 with conviction for the continued move to upside of about 39k. bullish invalidation: 31026.0 ------------ if we do break down below the area of invalidation, view the short term bearish scenario for the long downside targets via:
by notoriousbids
5
be ready in either direction.we don't gamble around here, and entertain both sides equally. only get into setups which are clean, and safe. btc is currently in a very strong squeeze on the daily, and is about to fire off hard one of these days. so long as we don't take out the low from friday, we're game for a move to the upside (to about 39k) if we do take out the low from Friday, we're buying between 23~25k with conviction. -------------------------- if we break up and out of here, view the bull case via:
BYBIT:BTCUSD.P
by notoriousbids
Bitcoin Elliott Wave Analysis Update.I talked about this exact scenario last night, you can see the posts below. We're looking okay for continued upside (for now). We aren't out of the woods just yet, and there are a lot of key levels we have to break through so do expect the possibility for btc to break structure somewhere along the way. Mentioned last night that these moves will be far more volatile than regular moves, since this is still indeed a part of the Wave 4 correction. If you get into a nice setup along the way, just a set a stop loss & let it ride ~ Wave 4's take awhile to play out, especially Wave B's. I am projecting a move to that 38~39k range. Currently in no position, just waiting for a little more conviction on this initial move up before I jump into a safe trade setup. If structure breaks, lower green areas are the next targets I will be willing to take a long in. Wave B target = $39k Wave C target = 23k. Good luck!
Long
by notoriousbids
2
3 DAY MACD Cross! Bullish!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ BTC has a MACD 3 day timeframe cross to the upside. This could take few more days to weeks to play out and it can help us understand the big direction that bitcoin wants to take. trade safe everyone!
Long
by IWealthCommunity
2
This is how Bitcoin gets to 125k.thought i'd get this to you all before the real fun begins. i do believe we're nearing the end of this wave (a), and we will soon begin wave (b) - nicknamed the suckers rally. newer investors who attempt to play with leveraged longs will probably not sell in time and create a nice liquidation event on the way down. most people develop some sort of emotional attachment to their trades and get stuck to a single outcome. the markets moves both ways, and we can make money in either direction with the proper setups. i've been catching high leverage short swings these last couple of weeks, and have accumulated quite a bit of fun money that i am willing to risk on this wave b. i think wave b is going to be a parabolic move and will catch so many people off guard once it reverses \ has a parabolic move down. markets will go from mass euphoria to mass despair in a matter of days, and that is when we become buyers for the real run to 125k. i have outlined my overall bias on the history of bitcoin in this post: i am not sure what will happen once we tag that final fifth, but i sure as heck am selling all of my longs from the low 20's once we get to the psychological level of 100k. i know that i am looking pretty far ahead into the future, but historically bitcoin has been the most algorithmic asset in all of the lands, and tends to tag every single algo target near perfectly. i don't know anything about fundamentals, all i know is the charts - so thought i'd put it out there. a lot of people are expecting btc to go straight up to a million, so i am here to say that it's not going to go straight up as most expect, since the markets move in phases. stay educated, stay well, and trade safe you beautiful people. 💸✌
BITFINEX:BTCUSD
by notoriousbids
2
bitcoins bigger picture.Lots of people are projecting for us to go sub 20k Let's talk about why i don't think that's going to happen. In the history of Bitcoin, it has never, not once surpassed it's previous bull run high, as that would completely invalidate everything. Therefore, this is my primary longer term outlook on this coin, and in my opinion, the highest probability as of right now If we do take out the previous high (19764.51), in my honest opinion, i think it'll be game over for crypto. ps. bookmark this post, and let's talk about it in the future.
BNC:BLX
by notoriousbids
2
Bitcoin Grand Cycle Ewt Analysisfrom the beginning of time, until today, btc has surprised us all. that being said, let's talk about what i'm seeing here. wave 5's tend to end in a nice wedge, or an ending diagonal kinda formation. the wedge we're currently in is reminiscent of this potential scenario. we're currently at a critical point in my opinion, and this wedge must hold, otherwise things will get messy very quickly. this is one of many scenarios that i am seeing, and i am happy to share them all with you guys. ps. i am not taking anymore crypto trades for awhile, until we get a concrete direction.
BNC:BLX
by notoriousbids
Bitcoin Blow off TopA blow off top is characterized by a sudden rise then sudden decline in price, accompanied by a large volume spike This can be seen across the board on Bitcoin (BLX) throughout its Tops within the Fibonacci circle Currently the volume is lacking for a blow off top, and the chart seems to be prepping itself to perform a move like a blow off top at the next Fib level I think the price right now Is great for Bitcoiners and should be bought up quickly before this move occurs I was inspired by BitFink who talked about Blow off tops to make this analysis I doubt this is the Top..
BNC:BLX
by Bixley