Kuala Lumpur, 11 June: Meeting with top tier Malaysian hedge fund yesterday, we have currently agree for the future price of Bitcoin will be drop down to $11,300 price mark. The decision was made from several factors and agreement between many parties and bodies. From the mining sector on bitcoin, was too shabby for a moment and many of the miners has given up...
It's time to get weak hands out of the market. after three months of growth, it's pretty hard to spot an obvious short, but that's it. Setup and entry are quite simple. Distribution phase already started. Next decision zone is at 25k. 22.7k even. Until then
I saw a post where showed a chart like this of BTC, honestly I see that it is something very possible that could happen, remember that in previous years there is always a significant drop that marks a new course towards a new BTC ATH, honestly it doesn't feel like we've hit that bottom, not yet, we're in a bear market where we'll know we hit the bottom when a real...
What happened today? Bitcoin dropped about 9% in less than a day! so what can be the next move in this dangerous market? Is the bottom in? Bitcoin status analysis Bitcoin was in a big range zone for about a month(Between 46k and 52K), At the current time, Bitcoin lost 45700$ and 44000$ supports. Also on the weekly timeframe, The whole condition is not good for...
Hi my friend and Happy New Year! We are here with another Bitcoin analysis, it's clear that Bitcoin is bearish in short term and therefore I expected to see a drop up to 45750$(I said that in my Twitter). It's true that Bitcoin has a local support yet, But I'm still bearish on this coin. The next support zone is our final target in this analysis but according...
BTC dropped about 5% in last 4H candle! As you can see on the chart we have 46000$ area as a strong support zone, Overall trend in daily timeframe is bearish and if Bitcoin lose 46000$ support zone, The next target can be 42000 or lower. If hopefully 46000$ support be kept, We can see some sideways and a move up to 48000$ in short term. Market is acting so...
BTC price is more likely to go down next year, based on my analysis BTC price will hit 20K USD to 24K USD (between them) so next year is altcoin season. I suggest you guys invest in altcoins. Altcoins price will fall since its following BTC. A decrease in Bitcoin price has a greater effect than an increase in the prices of altcoins. The fundamental reason behind...
#BTC Mid term Analysis Bitcoin dropped hard around 8.5% today, and now is trading around 54000# area. I expect to see a bounce here, This drop was the last wave of Bitcoin correction waves IMO! Some sideway movements and then move up is expected, Breakout of blue trend line is so important. Also 60000$ is a important resistance to see.
Price dropped so rapidly today but don't forget that this is a chance to buy more altcoins. I'm buying more altcoins in this drop personally, And I expect to see some side way movements from bitcoin between 62300$ and 64300$ for a while. 70K is Still possible for Bitcoin IMO, Just be calm and control yours emotions in this market do be survived! With regard!
Hi guys, According to the chart you can see that price couldn't cross 35K area after lower low on 22 June and this is a bad sign, why? Because after Bitcoin's drop on 19 May we had a side way movement which every time after touching 30K support we had a move up to 40K area. This time on 22 June we had a lower low and I personally expected to see a strong bullish...
Bitcoin, as seen on the chart, will likely experience a weakening in the near future after previously breaking the trend line in the 1h timeframe. The trend indicates a decline with the previous impulsive move. Now I see that after a retest of the trendline line on the lower timeframe it formed an ascending broadening wedge pattern. and head and shoulders. Risk...
Tho many institutions and large companies are buying the dip, but I believe that market is going to crash in 1-2 months if not in a few weeks. I sincerely hope that I am wrong but let's set stop limits just to be safe.
We are possibly forming a head and shoulders top into an Elliot wave 4th wave correction here! I have initial drop target as A wave ,also following into B and C wave targets! Upper target for me is $80,000.00 after leaving the bull formation this pattern forms! Could fall out of a triangle and hit lower targets to form a bull flag!
4th April 2021, Sunday: We will see the bitcoin price will drop to $57132 in the next hours. The whales begin to withdraw some of their money for the ending Q1. Due to Good Friday holiday on Friday and Easter Holiday makes the bank holiday until this Monday. While no supply towards the dull market, trader and whales looking a good potential to selling their...
According to my previous Analyses I expect that bitcoin sees 68K and this is happening, but what's next? let's see in picture! Bitcoin in near end of last Leading Elliot wave, I expect a huge drop from that point. Comment your opinions and views here, Thanks.
Just watch or trade and join to my team! You should learn with us --------- WARNING! STOP LOSS SHOULD BE FCKN MASSIVE, ABOVE LAST TOP
This is my final count for BTC ! I pulled all b waves to .618 and next leg to the 1-1 Fibonacci! This won't account for any c wave extensions!
BTC is been moving inside parallel chanels, each channel is getting more narrow, RSI, STOCH and MACD are showing a formation of a Bearish divergences this never happened this year ont his time frame in all the indicators., This couldbe the last stage of this uptrend then following an ABC correction going through all the channel until reach the bottom of the last...