BTC anticipated bottomPossible scenario to follow the fibonacci trend,
5-21-13-??
there are three candidates, 3, 8, & 11.
August will be prime month to determine which of the 3 it is. I am tipping 8 though 3 is a another possibility.
BLX
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.
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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!
Bitcoins 10 year trend line.Every Bitcoin blow off top has bubbled above this trend line in it's entire existence. Does it mean it always will? No. The question is.. Will it do so again?
Lets do a survey.
Thoughts down below A, B, C or D non of the above something else. (Explain your thoughts on D)
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.
💸✌
btc shorti'm 11x short from 32,900, will add if we make it to the 0.382 (32,233)
sticking to this as my primary.
with markets about to roll over, i will continue to update this as we move along.
stay safe ladies and gents.
outlined this main scenario very articulately in last nights post:
short shorts 🩳17x short at 33,700
target = 32,550
will look to short the bounce from there. taking this one step at a time.
previously:
ps. this sub-division was very complicated for me to figure out, as i am still learning ewt.
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.
PAY ATTENTION Bitcoin!Always focus on the long term for your investment. Never be afraid of the short term day to day because it can scare you or make you uncertain. Long term 2022-2023 I believe we will see crypto make another move higher!
my primary btc countlet's consider for a moment that we're in a 1-2 1-2 formation down here.
that would put our first w3 target at 38~39k
second w3 target would be at 44~45k.
w5 target = 52k
ps. this is one of many scenarios that i am seeing right now, so take this as you will. i am not bearish, nor bullish anymore, merely neutral until we figure out what is going on.,
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.
BTC to $10k in March 2022?When looking at the long term trend, another possibility arose. I could see BTC going to the $17-20k range in October/November of this year instead of $10k then -- everyone thinks that's the long term bottom because it would find support at the top of the last bull trend. Then I could see bitcoin bouncing there for the short term (Nov-Jan) and falling lower (Feb-March) to hit the bottom at $10k in March 2022.
Let's see...
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..
$BTC - SIDEWAYS UNTIL SEP 2021? Strong Resistance ~$41k$BTC - SIDEWAYS UNTIL SEP 2021? Strong Resistance ~$41k
Reality Check.... breaking above this resistance will lead btc towards 42k and if it failed to break than get ready fot new low.
BTC/USD (50W MA is Hodling)💎Technical Analysis Summary💎
BTC/USD
-The Bitcoin Bulls defended the 50W Moving Average support
-The weekly candle closed with a bullish rejection at the key interest area
-The fight is not yet over, there is a lot of work to be done
-Many are looking at a potential big H&S pattern
-But the Bears are struggling to close below the 30k level
-Strong Bitcoin buyers are jumping in to buy every dip
-I'm currently sitting on the sideline, waiting for the next move
-Even a bullish Altcoin setup can go wrong if BTC decided to go south
-I'd rather stay in cash and patiently wait for high probable setups
-Only a few days before the monthly candle closes
-July is coming, many opportunities are just around the corner
-Guys, don't rush in, we will have our next shot very soon
-Have a nice day & stay safe! :)
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉
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If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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BTC/USD (Holding Weekly Support?)💎Technical Analysis Summary💎
BTC/USD
-As the price entered the weekly support zone
-The Bulls bought the dip and they are still holding the game
-This is still too early to celebrate again
-Because every attempt to move up the price keeps rejected
-Now, we can see a potential strong trendline resistance
-As the price start climbing, the 50D MA also approaches the price
-This may act as a resistance area around 36k dollars and above
-The market is getting more choppy each and every day
-So please be cautious and always follow your trading plan
-If this situation is hard for you to adopt
-Please stay away for a while, observe and study more
-Trade responsibly and stay safe everyone!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Bitcoin to the moon long term!Lets take a step back and understand the big picture of bitcoin. This has much more room to go up than people expect. Too many retailer focus on the short term day to day basis and get rekt! In our community we focus on the data and the data is telling us we are just cooling off before making a huge run to upside in future
Focus on the Big PictureThis is the total market cap that I believe a scenario like this can play out. extended cycle and the peak is not over yet!
