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Bravenewcoin

The bear trap is set. The 2023 bear trap AS we can see on January 20th Bitcoin broke the down trend it has been in for over one year now. Recently the resistance was tested and was made in to support as Bitcoin took a strong bounce off of it. WE can clearly see this in the chart with the highlighted oval. Above that we have the bear trap zone and the fomo zone A break and hold of the 25.4k level leads to the setting of the bear trap. This bear trap zone goes all the way to 32k above that is the fomo zone and it goes to 47k and possibly even higher. These ar eth e levels to look for in the coming weeks. Another thing of note to look for is that Bitcoin could retest the break out zone at a later date {shown with the blue arrow} and as long as it holds it could then lead to the bear trap. What to look for The RSI will be a dead give away on what move comes first as I have drawn the down trend that it is in at the moment. If this should break above the down trend then it will do with the price and confirm the move. Thanks for looking Hit the like and subscribe for hot off the press charts. WeAreSatoshi Stay blessed in 2023.
BNC:BLXLong
by WeAreSat0shi
3
The strongest evidence that bulls are gaining momentumSo here we have The CM ultimate Moving average MFA on the 2 week time frame with the PI Cycle Bottom. On the bottom we have the Stochastic RSI. Combining these three indicators is showing a very powerful case for the bottom being in and that we will in the next few weeks flip bullish. The interactions of these indicators go back all the way to 2011. The PI cycle bottom is has been modified to only on show the short MA and the color has been changed to orange while the long MA has been deleted to keep the chart clean as it's not useful in this chart. As we can see here for the entire bitcoin history, when ever the PI SHORT MA has crossed into the ULTIMATE MA it sparked the beginning of the downfall and the ULTIMATE MA only weeks later turned red and prices would start to plummet. The bear market on every occasion has ended when the PI SHORT MA crosses back up through the ULTIMATE MA and shortly after would confirm the bull market by turning Green again. We also have the stochastic backing all this movement by showing the rise in momentum. This indicator is so good it even caught the COVID crash of 2020 and warned that trouble was brewing weeks in advance. So... where are we now on the timeline? It's showing that not only is the bottom in most likely but the the bull market could be only weeks away as the stochastics have made a cross up and momentum is building. also the PI SHORT has stopped it's downward momentum and is preparing for it's eventual cross up of the ULTIMATE MA. The only question left is, where do you stand? Have you bought the dip or are you waiting for lower prices? My evaluation from this analysis is that we are at least half way through the bear the market. Please feel free to ask questions or add any comments below Thanks for your looking and please hit the like. *Chart analysis is risk management... There is always risk, hence the reward*
BNC:BLXLong
by WeAreSat0shi
4
Next bull market starts by March 2023Hi fellow cryptopians and crypto enthusiasts. I am going to make a fairly bold claim here today. First off we have a bitcoin hash ribbon buy signal quickly approaching us (within two weeks) which could pump us to 50k. If this does happen it should be followed by a correction that gets boring for 4 to 5 months and should spark the new bull run by march 2023 the latest. This analysis should not be taken as financial advice as it's just for fun but lets follow and see where it leads. Having said all that I do believe the bottom is in and we are a very strong accumulation until march or mid next year. * Patience is key to success*
BNC:BLXLong
by WeAreSat0shi
4
Human Psychology Never Changes. Impossible right? The one thing i love about market cycles & historic charts is that you can pull up charts from 1900s and 2000s and you see the same fear & greed patterns forming. Always the greed forming from strong positions and fear from weak positions. All I see online is "bearish" "stock collapse" "housing collapse" "Bitcoin collapse (10K) (lol)" "Student debt crisis" When in reality, 1.Liquidity in the trillions is on the sideline. 2.FRED has paused rate hikes (as I expected they cannot afford the debt) 3.Inflation (for now) has been cut off 4.QE / YCC is almost needed to control bond yields + stimulate GDP growth to avoid mass unemployment 5.Bitcoin is a few months away from a Spot ETF approval. This has to be the most bullish setup I have actually ever seen for high growth assets, timing on the other hand. . you can clearly see mature assets go longer in the period of "depression". THE only option for the FRED is to start QE to drop the DXY bailing out Japan that's buying their bonds (JPY currently collapsing). Now the main question is the future is looking like the FRED will slowly drop rates "SLOWLY" meaning realestate is going to become a dead market it won't collapse but its growth is now capped. Meaning all this stuck capital $47 trillion in US real estate alone is dead money. The FRED will make the choice to allow risk assets and stocks to fly, capping the real-estate growth cutting off inflation from the "housing side". People are going to wake up one day towards the end of 2023 with a Bitcoin price at $90,000 on CNBC and that's then the real FOMO is going to kick in. Only thing bears have going for them is China invading Taiwan leading to an all out NATO / EUASIA conflict, lets see how this year ends. youtu.be
INDEX:BTCUSDLong
by FederalXBT
BTC PRICED - SHY | GLD | SLV | DJI | Fund Manager Nightmare 21 Funny to see funds and institutions hating Bitcoin prior to 2017 fast forward to today and you point Bitcoin at bonds, precious metals, DJI Bitcoin is creating a macro bottom on all of them. Blackrock must have done the same homework and went, oh oh. What could fuel this is the MASS hate Bitcoin will receive from all investors, global equities, gold holders, silver holders, bond holders sitting there watching this asset consume the global purchasing power of their assets they have been so keen on for decades. The SPOT Bitcoin ETF's may see the biggest demand inflow of any spot ETF in human history. Maybe people aren't aware but (ProShares BITO) had the largest ETF launch of any other in history $1b in total volume on day 1. And this is not a spot ETF it utilizes futures contracts that do not allow large funds to allocate capital. I am starting to think Spot BTC ETF's are going to break the records again. How many people understand global retirement funds $70 trillion EST 2020 DERIVITVES $1,600T PRIV Banking $125T Comm RE 30T Res RE 80T Securities Debt / stocks $100T EST 2023 Global bonds $133 Trillion Might be pretty obvious now why Institutions attacked the clown shows like Binance / FTX and used Coinbase to get clearance for the surveillance sharing agreement. Blackrock, Invesco, Valkyrie, Fidelity, ARK, are all trying to get on top of this hence the Spot ETF race. The SEC could decline them throwing everything into a limbo for years, but if they approve these ETF's we're talking about trillions flooding into it within months. Who would have thought something created only 14 years ago is staring down the largest asset classes in the world that will deflate the entire housing model, and take over the commodities sector. Best part? Governments have no choice to regulate and adopt Bitcoin as it cannot be stopped. So if you're a genius government like China and Ban Bitcoin you find out real quick how much that costed your economy. Lets see what happens, Bitcoin is stating it is the captain now, can it be stopped?
INDEX:BTCUSDLong
by FederalXBT
1
Why Institutions Want Your Bitcoin - ETF Explained | TRADFI VER I don't see much talk about what's really going on behind the scenes with Bitcoin and why the Spot ETF Rush suddenly all happen by multiple parties at the same time. Bitcoiner people never get the real opportunity to step into the real world of how institutions function, behind all the "rigged" arguments they win by staying ahead of the curve and making decisions before majority understand what is happening. 1. Interest rates have failed to contain CPI growth sending it almost vertical (this is really bad). 2. A09 Federal government current expenditures: Interest payments parabolic (this is really bad). 3. Money Market Funds sitting at 5.6T indicating lost of trust in this system has started (extremely bad). 4. FRED is using a false inflation indicator to prevent panic (internal foundation problem bad). 5. SPX is being sent higher due to heavy short interest + the false lower inflation that will send CPI higher. 6. SPY/USM2 debasement sitting on a bigger bubble developing. Conclusion - The FRED USD system is borderline about to blow up and institutions knows this and HWNI investors wanting protection. FRED can no longer raise rates without causing the interest debt death spiral to go faster + any BTFP / QE for failed sectors, they cannot lower rates without causing cheaper credit sending the CPI parabolic. Bitcoin in reality is the only viable option that can be utilized in the smallest period of time, futures Bitcoin ETF's established as needed to purchase future Spot Bitcoin for the Spot ETF. I can already sense Bitcoin being used as a real price indicator of real world value, critics will be silenced, embarrassed, "tradfi" economist that I have had to listen to for the last decade will go down with the system on why Bitcoin caused this and not recognizing it as an antidote. When Bitcoin teleports to $500,000 in a matter of 12 months keep records, news articles, magazines, will be more valuable than any NFT and will make a great story. i.ibb.co (Treasury Historic & current policy projections for debt)
INDEX:BTCUSDLong
by FederalXBT
Bitcoin TA 2022 - Yearly Candle Pattern-LifeCycle Of Bitcoin.Hello everyone, hope you all are doing good. As I saw many people focusing on Yearly Candle patterns of Bitcoin, so I thought to make a Bitcoin Analysis and Observe it in a bigger perspective. This Bitcoin Analysis is not a financial advice, cryptocurrency market is highly volatile and highly risky, so please do research before trading. It's a New Year season, so I Wish everyone a Happy new year-2023 to you all. Please don't feel bad about me on my current Bitcoin Analysis, since chart speaks everything, am sorry to say but Bitcoin looks bad as of now, the trend is breaking down, If the current year candle-2022 closes above 29k than we are safe and can expect the continuation of trend in upside direction. No means it's a point of concern for every one of us. I also explained everything in the chart, please check it in detail. Thank you, and please like and share my idea/comment if you have any questions.
BNC:BLX
by nmchary
1
Can the Pi cycle top predict the bottom?Can the Pi cycle top predict the bottom as well? Yes it can, it has on three different occasions. Coupled with the investors tool not only has it predicted 3 bottoms within 10 days but also the percentage within 7%. In order to see view this you must be on the one day chart and use the investors tool with the Pi cycle top indicator. When the Orange line has crossed down below the the bottom of the investors tool trading range in the past it was precisely at the bottom within 10 days and has done this on three occasions that all marked the bottom. 2015 was the first time and it fell 53% (you can scroll back to see) 2018 was the second @ 45% fall and the third time was June of this year that fell 49%. both times afterwards price action met this line (Pi Cycle orange) as resistance including this year. On both other occasions the end of the bear market was marked as soon as price action broke above and then held this line as support. SO far it's all playing out perfectly, so for me only have we market the bottom we could be ready to flip this line in the next few weeks. We should never use just one indicator to come up with a conclusion so it's our job to find more of them. Let's see what you have. Cheers and thanks for looking If you have any questions or comments please don't hesitate to comment below.
BNC:BLXLong
by WeAreSat0shi
3
Does history repeat?The question here is, if history repeats and how accurate it may be. Well so far it has on two other occasions irrefutably along with the RSI. As we can see here on the 5 day chart the 21 day yellow line crossed the 200 day purple line right on schedule. In previous history the 21 day cross came after the price bottom and had direct correlation with the RSI. The RSI then formed bull divergence and kicked off the next bull run. Looking at this bear market there is almost an exact pattern playing out with all of the indictors including divergence. I also have linked another chart with similar evidence in as well. Let me know what you think in the chat below. How strong do you think historical data is? Do you think it likely plays out ? Is this time different? *Always drink and invest responsible*
BNC:BLXLong
by WeAreSat0shi
2
Bitcoin and Elliot playing in the waves of time!This chart by no means is a price prediction. It's a look into a possible future for bitcoin in the coming years based on Elliot wave theory. In this chart I am are assuming that Bitcoins next move is the start of wave 5 in Elliot wave theory. When ever it ends the theory states that a massive ABC correction will follow, which would kill the mania and be bitcoins first true BIG bear market. This correction ( crash ) would not only be devastating by price but also by time, as it would most likely last multiple years and be the longest bear market to date. It would physiologically kill the market, and it's this this bear market that would likely kill all the shit coins and show which projects will last for years to come. It's only a devastating crash like that would cleans the market of scams, that would then catapult all the survivors to the next level in the eventual impulse wave 3! Time frame My time frame for this to start is 2026 to 2029. It all depends on how long it takes for the first impulse wave of wave 5 takes. How long will the bear market crash last? The question that everyone would answered is the one question that no one can answer. It could be that some or most people might not see new highs for the rest of their natural lives... So 10 to 30 years... But I would say most likely 10 to 15 years would be in the cards. What about adoption? I believe that in this bear market is when the true adoption and the realization of the use and necessity of Bitcoin/blockchain/defi to the masses. This is where Bitcoin gains critical mass in my opinion, but it will take a long time. This is all hypothetical of course providing we haven't lost technology through war or any other interruptions. This is my outlook for the next decade or so, but I might be getting ahead of my self. Let me know what you think in the comment section down below. Thanks for looking *The only certainty is, that there is no certainty *
BNC:BLXEducation
by WeAreSat0shi
BraveNewCoin BLX - Short Opportunity 📈Hi Traders, Investors and Speculators 📉📈 Why follow me on Trading View? 🎯 CryptoCheck team has 20 years + combined trading experience 🎯 Established 2019 and not going anywhere 🎯 Ev here - been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 In today's chart - BraveNewCoin. This is short opportunity, I have identified an easy short setup with low risk on BLXUSDT. Thank you for visiting ! Please show your appreciation for this post by hitting Like👍 and Follow 📢 _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
BNC:BLXShort
by CryptoCheck-
32
Elliot & Bitcoin Road TripThis chart is for fun and it is a representation of what I am expecting for the next two years. I believe Bitcoin could be in a giant Bull flag formation with a target of 150k to 160k within 2 years. Always invest responsible and with a plan. If you need help you can leave a message or just leave me your thoughts on the idea. This is not financial advice. The Market is tool to take money from impatient hands and put it into the patient hands. - Warren Buffet
COINBASE:BTCUSDLong
by WeAreSat0shi
2
BLX BTC Liquid Index may even retest W3 top@20k if 25500 is lostBLX Bravenewcoin liquid index may for the first time retest a previous top if 25500 the 0.618 FIB EXT from the ABC top is lost. There is absolutely no support (BLANK SPACE) going down to 20000 (the 0.786 level) except perhaps the weekly WMA200 line at around 22000. The blue neckline from the 2020 pandemic Inverse H&S will intersect 20k & 22k & thus this line may offer also some support as a retest before rally. PLEASE NOTE that I may be wrong about this being a wave V. This expanded flat correction could just be a wave IV ABC correction. Wave V could still bring BTC to new ATH before an even bigger crash if recession plays out in 2023 or 2024. Not trading advice
BNC:BLX
by xtremerider8
Bitcoin & it's historical patterns.I made it color coded so it's easy to understand as the chart is kind of busy. Are we still waiting for the final parabola that is the finale part (blow off top) of the 2nd cycle. Lets see if this theory holds true. If it does, another obvious thing is the the cycles are lengthening and the gains are diminishing. So in this analysis I am theorizing we are in the cool off phase before the final top. It's just a theory and not financial advice, don't take it as such . Just shows patients wins in this game.
BNC:BLX
by WeAreSat0shi
Omicron, the moronic virusYou buying fud or Bitcoin? You can't buy both. One of them is regrettable!! If we don't break below the magical red line drawn by the the magical unicorns, then we are bullish. Bitcoin telling me people don't seem to be buying the fud but they are buying the truth machine. Also if the care bears bow to the bulls and let them cross the river stochastic, we are looking good! Message from your local Politician Thanks for believing in myths and gargoyles, soon the aliens will arrive too. Not financial or political advice.
BNC:BLXLong
by WeAreSat0shi
2