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Btcath

Bitcoin's Route to $3,000,000+: An Elliott Wave Based OutlookWhat are the possibilities for the future of Bitcoin? There's mixed perspective with the retail and institutional world of investors but to base things solely on my opinion of its all-time wavemapping, I think Bitcoin could see upwards of $3M-$4M per coin by the early 2030s. I too anticipate a number of heavy, undeniably deep corrections to come during that timeframe but Bulls should be able to do the heavy lifting to restore its value. Regardless of whether you're a lifelong Bitcoin fanatic or an unbiased trader for profit, the pending corrections can and should be avoided. This is how profits are maximized. Hopefully this is the last Bitcoin chart I'll ever have to share on TradingView but nevertheless, I will update accordingly.
BNC:BLX
by DigitalSurfTrading
9
Bitcoin's Probable Wavemap: $113K to $5KWhile Bitcoin's fate is unwritten, considering its historical, all-time price action there are certain signals that we should be able to gather, based solely on its continuous price action. Over the last few months, the wave count for BTC has been a bit muddy at best but should we be where I think we are, the Digital King will be soon on its way towards a new all-time high precisely in the range of $113K (based on BTC's all-inclusive wavemapping). Though this hypothetical pending pump will be euphoric for many of us retail traders, from where I sit, the unorthodox ATH will amount to nothing more than a sucker's rally. The days of enormous Bitcoin growth are on ice until the current corrective phase finishes. Bitcoin enthusiasts across the world are happy that the downward-swing is signaling the end of the #CryptoWinter. I definitely look forward to the #CryptoSpring as well, but I am not very optimistic that that the mid-term (3-5 years) forecast will result in the bulls favor! We could see seasonal swings of winter > spring > fall ... #CryptoWinter = 2021-2022 #CryptoSpring = 2022-2024 #CryptoFall = 2024-2027? Traders that have numbly relied on the Halvening to be the catalyst for Bitcoin's new growth cycle will likely be in for a rude awakening during the #CryptoFall. If/when Bitcoin Bulls are unable to maintain its current 5 year trend line, its heavy RSI divergence (since February 2021) should/could force a deep, healthy correction. Before Bitcoin is able to achieve more high-rate growth, it must first withstand a very probable, mind-blowing 93% correction from the likely ranges of $113K to $5K.
BNC:BLX
by DigitalSurfTrading
2
BITCOIN Deep Dive to find Bottom!Welcome Traders, Investors & Gamblers 😃 Let's Dive In and Find the Bottom! Daily Charts: Support & Resistance Levels On a quick glance at this chart we would think that there isn't too much support in the area that Bitcoin is currently hangingon to, but down below I will go through all the indicators that lead me to call these current lows for Bitcoin in the beginning of the year already. Weekly Charts: 200 Week SMA & Falling Wedge: As mentioned yesterday, THE bullish scenario! Wick below the support and finish the week above the wedge support to go back and test the resistance. 2017 $20k ATH: Right in the middle of major moving averages and Fibonacci levels we have the historic ATH from 2018. Monthly Charts: 200 Week SMA, 50 Month SMA: Pay attentio to the red circle, in the one instance where we touched the 200 week SMA but not the 50 month SMA we ended up falling short of a new ATH until we came back downand touched both moving averages. Fibonacci Retracement: The "Absolute Bottom" could lay around the.786 for BTC since we lost the .618 it would be logical to continue down to the next Fib. level and find a bounce there. As we know we have never closed a weekly candle below the 200week SMA and 50 Month SMA, but we have wicked way below on various ocasions with the last being in March 2020. I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
BITSTAMP:BTCUSDLong
by BitcoinEasyIO
BITCOIN 1000 DAYS!Good Evening Traders, Investors & Gamblers 😃 The Idea is pretty simple, it took Bitcoin roughly 1000 days on average to get to a new All Time High after the previous one. That would take us to Summer (July/August) 2024 and roughly in line with the next Bitcoin halving! I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
INDEX:BTCUSD
by BitcoinEasyIO
BITCOIN 360k+ Update!Happy Saturday Everyone! 😃 It's been a little over two weeks since my "crazy" post and video where I spoke about why I think that Bitcoin could reach 165k to 360k before we break the uptrend on the larger time frames and fall into a full on bear market. The original Idea and the follow up video got a lot of traffic and I want to thank all my new followers and @tradingview for the support! 😃🙏 I decided to post an update here on the Monthly BTCUSDT chart for better visibility. Original Idea: "...The Idea is simple, as you can see BTC has never fallen below the 200 Week SMA (black line), not even during black swan events like the start of the pandemic in 2020 ... Bitcoin hasn't found the top yet as an 85% correction from the current 69k top would take us to about 10k and we would have to break the 200 week SMA which as previously mentioned, has never been broken. Hence a result, to imitate the behaviour of Bitcoin during and after the ATH's in 2013 and 2017, BTC would have to rally to about 165k before dropping back down to the 200 week SMA..." Update: - The average correction after reaching a new ATH was 83% from top to bottom since 2010. - 360k+ is more likely than 165k top since the weekly 200 SMA reaches 60k+ (rough estimate) after BTC reaches a top of 360k+.. - All ATH's since 2010 are taken into consideration. Stay tuned for my Bitcoin update video 🎬, where I will discuss the most bullish path to reach those targets of 360k+ ! 📈 I would like to add that this post is meant exclusively for educational purpose and that non of my posts are financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
INDEX:BTCUSDLong
by BitcoinEasyIO
13
BITCOIN 165k before 22k!Happy Sunday Everyone! 😃 This is a mid to long-term bullish scenario for Bitcoin. The Idea is simple, as you can see BTC has never fallen below the 200 Week SMA (black line), not even during black swan events like the start of the pandemic in 2020. We can also see that after the previous ATH's in 2013 and in 2017 , the price dropped roughly by an average of 85% . The conclusion of this idea is that Bitcoin hasn't found the top yet as an 85% correction from the current 69k top would take us to about 10k and we would have to break the 200 week SMA which as previously mentioned, has never been broken. Hence a result, to imitate the behaviour of Bitcoin during and after the ATH's in 2013 and 2017, BTC would have to rally to about 165k before dropping back down to the 200 week SMA roughly between 25k and 22k . I would like to add that this post is meant exclusively for educational purpose and that non of my posts are financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
INDEX:BTCUSDLong
by BitcoinEasyIO
169
165k BITCOIN Prediction Too CONSERVATIVE?!Happy Monday Everyone! 😃 The title says it all, I'm going over my very controversial chart from yesterday where I predicted a 165k top for BTC . I will post an updated more detailed version of the chart in the coming days. Please make sure to check out my other posts too if you liked this one! And finally a massive THANK YOU to all of you new followers and THANK YOU to @TradingView for publishing my post on to the front page of the website! 🙏🚀😃📈 I would like to add that this post is meant exclusively for educational purpose and that non of my posts are financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
INDEX:BTCUSDLong
by BitcoinEasyIO
127
BTC/USDT 1HOUR UPDATEWelcome to this quick BTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. good morning btc current update as I said in the previous chart so far btc channel is moving as we are not able to take altcoin trades yet as btc is not thawed yet you guys know it's still trading Won't! I am sorry that I am not able to give any business to you people will try to establish the right and profitable business as soon as possible I think guys know it's not okay to do business right now Who will I update as soon as there is any good news in the market! stay with us Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
2
BITCOIN Standing Strong! Hello and welcome to this exclusive update on the current BTC price action. We saw a major drop in BTC price from a $52956 high straight to $42900 low. This drop liquidated many long positions in the market which was not good at all. In a higher time frame (like 1 day), BTC is all in good hands. The 200 Day Moving Average showed a great support level for BTC and it is still holding the price there. BTC must close above this 200 MA and bounce back in order to stay bullish. We also have another strong support at the $42400 level where the recent drop has left a long shadow. If BTC fails to hold the 200 MA then $42400 will be the next support level for BTC. On the other hand, a bounce in BTC will certainly lead the price back to the $50k level which is a psychological level for BTC, and in order to confirm the bull run, BTC must cross this level. Conclusion: 1. Daily close above $46k to $47k is a must. 2. A bounce will once again test the $50k psychological level. 3. Break down below the 200 MA will drop the price till $42400. Well, that's it for the update. If you find this update useful then do hit some likes, share your thoughts in the comment box, and do share. Take care.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
6
BTC By 2017 Standard; True Bull Market is in the Next 90 Days- Instead of using the halving date as an indicator for the start of the cycle. I took the first time BTC starting breaking its previous all-time high. - By this measure, we were at a similar point in 2017 to where we are now . Boring consolidation after a massive collapse of around 40%. - In 2017, after the 200th day the price of BTC rose by almost 1600% in only 95 days -Adjusting the movements proportionally to what happened in 2017, we should be looking at a ~230,000$ BTC in the next three months.
BITSTAMP:BTCUSDLong
by falamah
BTC wants the 70k 🦐BTCUSDT after the break of the bull flag is now testing the resistance at the previous ATH. The price is moving over an ascending trendline and according to Plancton's strategy if the market will break above we can set a nice long order opportunity. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
22