BT
The blue Channel still is Valid for BTCThe blue channel still is valid for BT and still we cannot expect any correction happen until the price riches to 31-32K. also still the volume is so low that makes the analysis so uncomfortable cause by increasing the volume any thing can happen in the market.
BITCOIN GOING 36K! There are a lot of rumors that bull season in cryptos started. But when we look at global macroeconomics and make a comprehensive fundamental analysis we see that we have time for the bull season. This time we have to check big companies for a new bull season. Just whales and big investors cant make this happen.
Assuming that we are still in a bear market here is my analysis of Bitcoin on the chart.
I believe that Bitcoin will go higher to 36k levels to make believe little investors it is a bull season. After that when there are enough long positions they will make it go down to liquidate everyone.
To sum up, I still believe that we are in a bull season so Bitcoin can test at least the 15-16K levels again.
BTC CAN DROP HARDLYI hope you are fine .
I think we had a FLAT pattern, now wave 3 of C of our FLAT pattern is finished and the expectation is that we will fall to the 14K channel.
Before falling, it may move a little sideways and then fall.
Every position you open, don't forget to manage volume , leverage and set stop
Avax (Quick update) Shorthi everyone
sorry for late update
i was busy on my new office
every thing is clear on chart.
avax is broken dynamic support and will go more down from here,
please share your opinion in the comments
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BTC 400% MOVE INCOMING!- As you can see previously BTC consolidated for a while, before it broke out and went up by 450% if the same move occurs we will could see a $320,000 BITCIOIN!
- Short term we could see BTC touch back to $32,000 and then a massive rally to the upside, then when all the whales start to sell their BTC, A LOT of money will flow back into ALTCOINS!
- NOT FINANCIAL ADVICE!
BTC.Usdt (Y22.P1.E1).2 or 3 scenariosHi All,
I have 2 or 3 possible scenarios and yes, I'm bullish at this level as the fear factor is extremely high in fear, 10.
If you look at the fear factor chart, we match the previous june july numbers.
Similarly onchain data represents accumulation as well as bullish divergence on a number of indicators.
The previous Trend Line was used to create a bear trap as you can see how the final dump was to shake people out completely and then up it goes.
RSI at that point was in bullish divergence.
I think something similar can occur or the trend line will act as the final bottom.
The 3rd scenario is much more bearish and that goes down to the previous june \ july bottom of 29k.
I have orders in the 38k range and 39k range for that last dip, if I"m asleep.
Does this mean we will do an all time high, that really depends on what the stock markets will be doing as well, along with the USD.
I don't think we will do an all time high as this top resistance will be a major resistance and like my stream stated, we in a wyckoff range so our ABCDE count for an elliot macro triangle count could be back down to 40 to 50K if we are to reach the mid 60ks again.
That is my bullish scenario for BTC and it would be aligned with many ALTS to reach their macro targets of 1.272 to 1.618 extensions.
But lets worry about that after this confirmation of a bounce.
All the best,
S.SAri
Note the RSI formations.
BTC (Y21.P7.E4).Levels that make senseHi All,
Just like other drops and recovery, I see a scenario like this playing out with the levels....bullish however enough to get the next run going.
My levels of control are derived from daily, weekly, monthly and volume profiling.
Along with moving averages and financing, this makes sense to me.
All the best,
S.SAri
Bitcoin dominance and the growth of altcoinsAs you can see in the figure.
The fall of bitcoin was a bad thing for those who opened long positions and lost their capital.
But here is the important point.
Bitcoin dominance is coming down This means that money is coming out of Bitcoin.
In most cases, this causes the altcoins to grow and rise sharply.
BTCUSD Technical ForecastAll Indications point towards the strength of the US Dollar for the earliest half of this month. The NFP given a huge boost to the pair and suggestions from DXI suggests that bulls are in for the US Dollar so technically, BTC could receive some possible retracements from this level although not distorting the uptrend but we'd love to pick up some cash in this direction for now. With Divergence on our RSI from recent months, let's see if the reversal favours us.