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!
BLX
BTC/USD (Will 50W MA Hold?)💎Technical Analysis Summary💎
BTC/USD
-Bitcoin failed to hold above 40k dollars last week
-The price is back at its weekly major support area
-This is the critical part for Bitcoin this coming few days
-Our only hope if the 50W MA will act as support again for the 3rd time
-If it bounces up again, we will have another retest near 40k
-But a failure of weekly support will lead to further downside
-Not the best time to go all-in on your altcoin trade
-Because the market is shifting its tune in a short amount of time
-We always need to adapt and adjust our strategies base on what the market is telling us
-I will publish a new update once more data comes in
-Please stay safe and healthy everyone!
⚠️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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Bitcoin Death Cross Fakeout BTC going to 45k soon!Hi in this scenario i don't see Bitcoin going lower for now. I think we are in an intermediate wave 3 (white) inside an Main wave 3 (yellow). Market makers are playing the market sentiment game with the death cross, im far to be a fan on Moving Averages Crosses. Also i can simulate a W pattern that is bringing me to approximately between to 49870$ and 50758$on this B wave.
Have a wonderful day
Bitcoin are you Worried ?Everything is in chart.
- Like i said many times, more you look from far, more it's easy to predict the future.
- This Monthly Chart combinated with indicators show you how BTC moved in 2016-2017 BullRun so keep eyes open and you will find the way for 2020-2021.
- We cannot compare a Bullrun from 400$ to 20,000$ with a Bullrun From 4000$ to 3XX,XXX+$, the chart will be exponential. We are now playing with big numbers.
- imo right now we are in fake bear market stage, this stage happened also in 2016-2017 pre-bullrun ( but Numbers were smallers...), whales are just trying to create fear and remove retails investors.
- Actual stage could be a Consolidation Phase, if Whales see there's a lack of interest, they will push BTC up, or we could get a quick fast Trap to 20,000$ if Whales feel Retails not fear enough (Not sell their BTC).
- 100 000$ Target is still very preservative, past this stage it will be the FOMO Stage to go Higher!
TheKing is dead??? Long live TheKing!! :D
Happy Tr4Ding !
bitcoin is bullish asfall of these volatility you see is just a shake out before the massive green candle by that time you will realize it is too late and btc will be around 55k
BTC WILL HISTORY REPEAT ITSELF?Guys you must think somethimes.. this did happen in fact and now we are in these areas. :) dont forget we dropped 55% and if this is a bull run we CANT i repeat CANT drop fruther than this or we go to bear zone.
Bitcoin Idea / Updated Thoughts Looking for the home stretch of the bull run
Similarities in price can be seen at 0.786 and 2.618
Lets go
Bull Trap??Bull trap narrative still very much in play in my opinion. Looking at similarities from the previous bull run. after breaking the parabolic structure, BTC like to bounce off of the .618 zone which relates to the green line i have on the RSI. Being rejected on the yellow Fib .382 confirms the trap which relates to the yellow line i have on the RSI. Unless these levels are disrespected dramatically, i am still very bearish. be careful out there! any feedback is appreciated!
BTC/USD (Weekly Support Confirmed)💎Technical Analysis Summary💎
BTC/USD
-Bitcoin closes the weekly candle above 38k dollars
-This is a very strong bullish sign in terms of price action
-The weekly support area around 31k-34k has been confirmed
-With multiple positive news surrounding the crypto space today
-I think we will have good trading days in the short term
-Take note this is a temporary rally until BTC breaks above the 48k zone
-Because the old support may flip into a resistance and demand zone for the Bears
-I'm entering in some potential Altcoins that may have bottomed
-I will strictly follow my trading plan If I'm wrong to reduce my risk
-Have a nice day everyone! please trade responsibly
⚠️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 💱
``````````````````````````````````````````````
BTC clears out 40K next target?We been calling this in our community since $30-31K that it will bottom out and our first target has been hit $40K now next target is 42K then 44K!
BITCOIN CYCLE TOP 200k - 400kHello, and thanks for reading!
This is how I think this cycle will play out. I think that we will see a cycle top at around 200.000 USD - 400.000 USD. I also think there is a big possibility of a super-cycle, where we have a short bear market and then a continuation of the bullmarket.
This idea is based on cycle tops and 0.168 FIB-level. A way of predicting cycle top areas based on previous cycles.
Bitcoin Lets talk BIGtoo many traders and retailer get caught up on the short term.. (bitcoin going to 15,20K) so they wait on sideline, waiting for lower prices. Lets focus on the big picture within 1-2 year $100K+ bitcoin only patience pays you.
bitcoin bull market andthis chart chowing the bitcoin bull market and at 160k$ in the end of september 2021
Its pointing to a Bitcoin m00nshotBLX analysis
Avoided Deathcrosses in green circles
Deathcrosses in red circles
The current state will likely act as an avoided DC
Feels like I am missing something, that I can't see..
Yet this is what I have come up with
Chart above is more reliable and should be taken into consideration
BTC Fibonacci RetracementBLX long term chart suggesting a pullback then an advancement past the rounded top that formed
interesting relationship between the 3.618 Fib circle level
Each fib level is a blow off top
The pullback target is also the 2017 Top
BTC/USD (30k-31k Strong Support?)💎Technical Analysis Summary💎
BTC/USD
-Bitcoin on the 3D time frame may have found support at the 30k-31k area
-We can see a strong buying presents by the Bulls every time the price enters the demand zone
-This area is a confluence of the 3D 100MA support which has been respected 4x times now
-This is technically a good sign of strength and the Bears are showing weakness
-If this 3D candle closes green and above the support zone
-I think we will have a higher chance of recovering up in the coming days or weeks
-We know the low 30k region has been good trading support last January 2021
-Today, it acts a strong interest for the buyers to step-in
-I can say Bitcoin is safe for now, I'm expecting some Altcoins to start making some move
-I'll update my watchlist and look for potential short term gains
-Keeps safe everyone and thanks for reading my idea! :)
⚠️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 💱
``````````````````````````````````````````````
20000_30000.rsi should touch 24😆.30000dollar this weekend.like please.see related ideas than you will follow me🤗see wolf strategy(how a wolf see the chart).
BTC: Double Bottom --> Bull Trap --> CrashParabolas and radial lines: Unconventional and unorthodox TA — but they continue to amaze me with unexpected alignments and intersections.
This is update #6 to my original May 5 post — showing one addition radial line (“e”) and the below plausible(?) Bitcoin scenario:
1. Double bottom at $30K. (A manipulated Bull signal?)
2. Strong bounce to the “hopium” $41K-$42K breakout area. (Bull trap!)
3. Rapid (manipulated?) crash to lower than low. (Giving the large institutional buyers the bargain they want.) June 28 ± 10 days.
If Bitcoin does bounce off the lower BLX parabola (see my proposed law below), this would be a low around $8200 ± $500. Unimaginable -- but in the spirit of letting Technical Analysis speak its own mind, I report it none-the-less.
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Bitcoin’s May 19 fall to $30k was a 53% correction. With this in mind,
I offer the community my (not fully vetted) Law of Maximal Retrace:
Bullbearish’s Law of Maximal Retrace:
If Bitcoin experiences a correction (a retrace) of 50% or more, it *must* touch the lower BLX parabola before reaching the next higher high. The Mt Gox fiasco of 2013 (an extrinsic/abnormal event) caused the only known violation to this law.
If you discover any other exception, please message me.
PS: This proposed “law” of mine is likely to be *majorly* tested in the very near future.
PPS: For more info on the 12-year BLX parabolas, see my earlier post today. Search for "BLX".
