Load you bags BTC is ready for NEW ATHHey 👋 as i expected that BTC will go to 42 - 40k and it took little time it's here as we see previous year graph it similar and now i think BTC Just got it's fule ready for new ATH I expect 4-5 month for new ATH and it's can easy goes to 80-85k+
Key points :-
If its break under 41-40k then i will consider its a total 🐻 bear trend and then it will take to recover
Although hope you guys have loaded your bag don't be panic stay clam and HODL
Btc_usd
Bitcoin Lengthening Cycle Theory [March 2022 top] [2013-2014]Was very skeptical of the "Lengthening Cycle Theory" with more data now at the end of 2021 its looking like a 2013 - 2014 repeat.
Both having a gigantic symmetrical triangle pattern where virtually nothing happens for an entire year.
January will deicide is this plays out or something entirely new happens - short term this is a human psychology chart not a Bitcoin price prediction chart.
2013-2014 Case (Dismissing the wicks out of the range due to the Mt.Gox hack
2021 - 2022 Case
Previous moves without lengthening applied with an average of %1356 gain.
BTCUSDT/BTC alert 2023 ✔👌👍🎁Our analysis today is for a few months until the end of 2023.
From my point of view and the analysis I did, the bitcoin trend is down until the end of January, and the price will go up again from 38711 to 58148, then the bitcoin will start to go down to the price of 19793, whether you like it or not.
Negative news will start these days because I do not believe in fundamental and any news starts before technical.
We will see positive news on the price of 38711 as much as Delton wants, until the price of 58148, exactly on that date, all countries will make a revolution against Bitcoin and Cryptocurrency.
At the price of 19793, we will gradually see the support of digital currency.
Dear friends, 2022 to 2023 is the year of getting shorts for futurists.
Your friend Manouchehr Azar and Mehran Omarzadeh
#BTC big move coming January 2nd or 3rd! High Time FrameMoving Averages:
- Using the 400D EMA as support, which was held during the June/July 2021 markdown. By held I mean that we have not closed below it on the weekly TF since March 2020.
Patterns:
- Markdown structure is almost identical to last year's at a slightly smaller scale. Bitcoin will recover when most of the retail traders will (at least psychologically) capitulate as most of the support classic patterns and geometrical shapes will have been broken.
Fibonacci:
- Fib levels self explanatory (July 2020 bottom to ATH) we might ultimately hit the 0.702 level on full retracement or maybe below it at yearly RVL
Volume profile for the yearly range:
- Value area low could be touched in theory without breaking the ultimate support (39k). This is the REAL DEMAND zone, a zone where people will buy like there's no tomorrow.
We're just under yearly POC (48000) which is not great as it acts as massive resistance.
Black Magic:
- if you believe in moonphases.... there will be a New moon on the second of January. (It' annoyingly accurate for major moves)
If we break 39k....30k is the next support well... and see you in a few years. Don't forget to DCA.
Meanwhile we trade up and down.
BTC UPDATE BTC /USDT
BTC still playing with descending broadening wedge pattern
Scenario 1: (breakout retest)
Going up from current prices
Scenario 2: more sideway around 40k before any bullish movement
With current price action ..The above scenarios are considered an early scenarios which need to be updated in next few days
Note: The Monthly and yearly candles are about to close ,I will watch them before next update - stay tuned
BTC Analysis#BTC unable to hodl the support and also broke and close below the support zone. Now you can expect a minor pullback and currently price is retesting as resistance. Structure again shifted bearish for short term and if it rejects again then we can see easy drop till $46,000 and already said we're running on a large range.
I AM STILL BULLISH !, CHECK MY OLD ANALYSISi am still bullish, check my old analysis if you like dear
if BTC goes below these lines, then the bear market will eventually start
but i don't see the end of bull market
my prediction for bitcoin before %100 were accurate
you have to know there is no gurantee in market
so please take care and be safe
no bears just bulls pt3we all see different things on the charts and its good to see the perspective of others aswell, I would like to share mine as I get a good shot of dopamine when I get likes but mostly to be part of the community.
A. We have broken the resistance line holding us down since 06 Dec which isint the biggest hurdle.
B. We have a perfect w formation on the 4hrly chart which is a very bullish pattern to appear on the 4hr chart.
C. We are trading in an important range between $48 440 and $49 250, It is crucial to hold this range.
D. We have finally gotten that 4hr close above $49 200 but we really need a daily close above to be o the good side.
Now onto the juicy part....
E. In approximately 1D and 20hrs we will meet the resistance that has held us down since $69 000, This will be the biggest hurdle in my opinion, I will not make a trade based on what I think will happen, It is best to wait for confirmation of either a breakdown or breakout and play accordingly BUTTT the sign are pointing towards a santa clause breakout but this is btc and it always suprises us.
If you like this idea check out PT1 and 2!!!
Have a blessed christmas and stay saucy.
BTCUSD Long with 2 confluences
List of confluences: With more to form in the coming days.
1: Daily chart key level, which shows the formation of a lower high. We would need a breakout and close above this level (51 967 USD) on the daily chart to confirm a change in market structure and the creation of a new high.
2: Inverse head and shoulder pattern formation on daily chart and H4 time frame. Its more visible on the H4 time frame. We expect visibility to increase on the daily chart in the coming days.
Summary:
When we look at the BTCUSD weekly chart, we can clearly see that BTC remains bullish. The manner in which price behaves in the next few weeks going into the new year will give an indication whether BTC is starting a bear market or remains bullish.
Moving onto the daily chart, the trend is over extended remains bearish. We can see some buyers trying to enter the market, with the creation a lower high formed around the 7 and 8 of December. This shows possibility of the trend turning bullish, which would be in line with the trend on the weekly chart, making for some explosive moves to the upside. The target would be in the region of 68 100 dollars. Targets are set using fibs. We only looking to trade about 60 - 65% of the move with a decent risk reward as there is higher probability of our target getting reached. We do not want to stay in trades too long as anything can happen at any time