$BTC in the starting blocks for the bull run to $55.000,-$BTC in the starting blocks for the bull run to $55.000,-
Very important update for $ BTC at the moment.
We actually see a last box of resistance around 10.5 / 11.5k. I am very convinced that if we tap the 10.5k / 11k within a short time, we will be at the ATH within six months.
We are currently seeing increasing volume in the total market. Bitcoin is also finally disconnecting from the financial stock markets. This can cause a lot of fireworks in the coming months.
My targets for the next 2 months:
$ 10,500
$ 11,500
$ 14,500
My targets for the next 1.5 years:
$ 25,000
$ 55,000
$ 85,000
$ 135,000
I see it possible that Bitcoin will do this bull run in 2 parts. The first bull run could possibly last until 2021 as a kind of "'hype run". After this, people may start to see that Bitcoin is here to stay. This is followed by the 2nd bull run, namely the mass adoption bull run that will be much more extreme than the upcoming one. Here we may be able to bring up the well-known expectations of $ 500,000. But for now we can dream about that.
Keep a close eye on the situation.
Btc-halving
XBTUSD - Buying pullbacksBitcoin is trying to hold at $9800 and knocking to $10k level. I don't plan to short this pump - better to buy pullbacks, my overall bias is still bullish.
The first area I'm watching is $9550, have some bids there. The second area - is the previous resistance at $9300, as well as good for me to buy some coins. Any close below would be invalidation for the bullish bias.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
XRP Ripple / BTC Correlation Good time to buy Ripple?
Approaching Halving we almost all expect a nice pump and dump (of some sort)...
If we can hold above 2246, I'd personally say it's a fair bet to get in with some more Ripple. Bitcoin has been rather bullish since the dump to 4k along with nearly the entire Stock Market. My outlook on the correlation between XRP and Bitcoin is rather simple...
Looking Back To Last Halving...
2017's biggest cryptoassets ranked by performance
1. Ripple | 36,018%
2. NEM | 29,842%
3. Ardor | 16,809%
4. Stellar | 14,441%
5. Dash | 9,265%
6. Ethereum | 9,162%
7. Golem | 8,434%
8. Binance Coin | 8,061%
9. Litecoin | 5,046%
10. OmiseGO | 3,315%
14. Bitcoin | 1,318%
Long-Term Entry: 2248 Sats
Long-Term Stop-Loss: 2239 Sats
Will Update With Target...
This will be like the related play below on a much larger time-frame
DO NOT TRADE THIS, NOT FINANCIAL ADVICE :)
DotcomJack
05/05/2020The daily for BTC again looking very bullish short term, IMO this is pre Halving hype and we will be in for a correction. I had previous targets for both up and downside and I still stand by those targets.
This bull flag is obvious as this week is pre Halving week so a pump to test around the 10K levels would be very possible, 10.2 also very possible. The $9500/$9550 mark is a ket point to break though I dont expect this pump to hold, as we can see we have been held between the $8800s and $9500 level. A dump will be inevitable IMO but we will wait and see.
I will post other indicators I use and also other time frames to try and explain my reasoning for my predictions but I do find it hard to explain, hence the details on my charts are not very good. I draw them, trade them, I just can't explain them lol.
I think BTC is running out of steam and is only being held up by the pre Having hype and will drop to possibly the $5K mark as I have previously charted and said also. My charts are more explained on Twitter.
Short term, the levels will be between $8600s to possibly $9500s and after the Halving hype begins to slowly go away, I think Bitcoin will dump, and dump hard.
Large institutional buys and also smaller retail buys are having an impact on the movement at the minute, accompanied with the Having in only 6 days could test the 10.2K mark but the shaking out of 'weak hands' and also FOMO trades both long and short stop losses that have been set will all be targeted within these next coming weeks.
Be careful trading, IMO right now the best bet would be DCA and HODL until things settle down and become a little more clear and steady.
The VPVR PoC is still sitting around the $7200 mark and developing control also downside from current price. The vol developing would be towards the 10K+ level using this indicator but again, it is Halving week and there are alot of usual news and talk of what happened in previous Halvings, so personally, I still stand by my longet term, post Halving predictions for price and that is a dump to low price levels.
I apologize for the poor descriptions but I do hope you can see what my charts are saying to you.
Thanks for your time, I hope to publish more soon with other indicators and hopefully better descriptions.
Bitcoin looks strong before halvingHi guys,
Lets zoom out a little at the daily. Bitcoin looks strong before the halving next week. I think we might see a little retrace to 8k maybe en go higher after that. There is always a possibility to go lower so never forget the stoploss. But you know that!
We will see!
The Road To The All Time High
"History doesn't repeat itself but it often rhymes”
Buy Bitcoin.
I know I made like 5 posts this month basically saying the same thing - new ath soon, buy now. But I can't stop. I know I'm right. And every day I realize I can't think of anything that would make me wrong. So I will keep posting.
BITCOIN HALVING DATES _ MONTYLY VIEWBitcoin price historically rose after Halving (also, Halvening) dates. Fundamentally, halving dictates, every apprx. 4 years the amount of newly mined Bitcoins is reduced by 50%
2009: Start: 50 BTC per block
November 28, 2012: The first Bitcoin halving takes place: 25 BTC per block
July 9, 2016: Second halving: 12.5 BTC p.b.
2020: The third halving: 6.25 BTC (approximately 12th May)
BTC/USDT TIME NOW TO BREAK 8K+? PUBLIC EYE ON CRYPTOCURRENCY?Hello traders.
Small update.
Noticed smaller timeframes produce rapid patterns that could indicate the reversal from our last low confirmed for the halving. Crisis could very well produce a much bigger pulse in this market causing a bigger reaction for the halving event.
Lower levels ahead of BTC HalvingWhat happened?
1) Economic uncertainty due mostly to Coronavirus bans
2) War on Oil price between Saudi Arabia and Russia...pushed uncertainty on the stock market and the wave went all over..
3) BTC halving means that the mining process will be more and more centralised. Smaller miners started to sell and so did other investors out of uncertainty.
What will happen?
BTC price will probably retest lower levels up to 2019 lower lows.
Investors will move their money into cryptos if
1) Prices are low enough.
2) No better alternatives (i.e.: Oil).
3) BTC shows upwards constant movements.
Very hard to make predictions about when, but I think that we still have to go lower to be able to see some consistent movements, so let's wait next Monday and see if anything happened in between....
In the meantime enjoy life with a glass of good wine...
Best Regards
MASSIVE BITCOIN SELL-OFF. WHERE AM I LOOKING TO GO LONG? So Bitcoin ploughed through all supports like they were nothing and totally rekt any breakout traders who traded that triangle breakout above 9200.
Anyway, here we are. So what now?
I think we are still at the mercy of global markets and are highly correlated to them. In the short term i think we still head lower into the monthly levels at around 7560 and then ultimately around 7150 ish before we see a substantial bounce and possible reversal into the halving.
I will start scaling into a long in the box area on low leverage for a long term swing into and beyond the halving.
$ETH targets to $800 ACTIVATED! $ETH #ETHUSD - UPDATE!
Waited 3.5 weeks to get my orders filled at $185 range! Finally! Want so see a volume increase in the next 24h.
The long term trend is really nice and also my targets of $360 - $480 - $800 are activated!
Maybe ETH wil gain some momentum together w/ BTC
The daily closing on $ETH is not that important. I am more curious about $BTC.
Daily close target: above $193.5
Goodluck!
BTC Halving. 2 Posible scenariosTwo posible scenarios for this 2020. Not financial advice.
Scenario A: FOMO takes the market and BTC breaks to new all time high a few days before the halving, just to correct until the last trimester of 2020.
Scenario B: Regulations and Fear give more time to the institutions to accumulate, just to break to new all time high by the beginning of 2021.