BTCEUR
<Bitcoin at the crossroads>As you can see we are at the crossroads between bull run and bear market.
In my opinion, bitcoin could create an ascending triangle, which could result in September this year.
This would mean that during the summer we could see a consolidation between 40k - 60k.
If Bitcoin closed a weekly candle below MA21, it would mean entering the Bear market.
However, the On-chain data does not indicate the end of the bull run.
Therefore, I am inclined to the idea that it will be an ascending triangle and at the end of the year we will see another run up.
BTC LONG. This is only part of my strategy I use.I think, that the current market condition is nothing new and has happened numerous times before. There are hardly any fundamentals to look at in BTC other than # of unique wallets, businesses that use them, hashrate, transaction volume, brand loyalty, story and the trust that comes from it. But most of it lags compared to the price action, and the price action dictates 80% of those fundamentals. Technical analysis is more powerful here than the stock market. Fundamentals work if you buy near/below the green line in my chart to get outsized returns, that is the basis of my strategy here. The green circles show the repeating price movement, that is happening because the price is near the overbought red moving average in my chart. The blue middle line is the short term moving average, that the price follows most closely, goes below sometimes, but stays above it mostly in a hard bull run, that can give you a entry point if you missed the green line. The top 2 lines is are of exit. the first is mine and the top one is JPM called. Then I believe BTC goes into a bear cycle, before doing something similar to now. The exit I found is just resistance of the red line in the future, that will be penetrated like in the previous bull run. And the MVRV Z-Score.
I use these fundamental analysis websites to took at BTC.
www.lookintobitcoin.com
www.lookintobitcoin.com
www.lookintobitcoin.com
My entry point is below or near the 730 MA and I believe that is the closest BTC real value. As long BTC is a thing, and you buy near that MA you should not lose money, historically speaking.
My exit point is above the 730 MA * 5 ( not 730*5, but the output of the 730 MA * 5 ( for example 730 MA is $7000, 730 MA * 5 = $35,000) I also take a look at the logarithmic growth curve.
MVRV-Z score shows similar stuff, you don't need it, but you can use it in addition, if you're in doubt.
You don't need to be smart, you just need to be patient, and BUY LOW AND SELL HIGH. It's simple but people forget that you need to buy when other people are not interested and be patient. When everyone is already talking and it's on the news, it's a bit too late to get outsized returns. Most people have 11% annual returns on and investment that goes 4X in a year.
As a disclaimer, I am in no way a financial advisor, and if something happens, like a BTC ban... All of this technical analysis goes to shit.
I hope this will help you make better decisions in tackling the crypto market.
The long term value of BTC is ~$10,500.
Pure technical, pricing valuation, because there is no other way.
That is my valuation for BTC, have fun.
The Holy Flex Chart: BTC Top Still To ComeCongratulations if your computer can handle this chart.
We are looking at the holy flex chart, ladies and gentlemen. And the top may be close on a short time frame, but here on the daily we are looking at the previous 2017 run in comparison where the 2-year MA was blown right through and we are far from it. On a long time frame, this is looking like the top is going to be far higher than current ATH ($64,829.14 USD) unless an unprecedented change to this bull run occurs. However, we are expecting the bull run to continue for a few more months, likely ending around September, 2021.
BTC: Might be forming a bat patternFirst of all: Don't ever try to trade based on prediction of a harmonic pattern.
Second: Don't ever forget the first tip.
Based on this Bar harmonic pattern 61500 is a strong pattern. After reaching it a dump is probable. Additionally, the next Fibo time cluster is 4 days away, which leads us to the drawn pattern.
This is just the beginning. Guess if the pattern forms what will be the pattern of higher timeframe?
!!!A REVERSAL HEAD AND SHOULDER!!!
Trading Bitcoin For Dummies : THIS IS WHAT WILL HAPPEN Give me my damn likes and follow me you damn noobs. Never short bitcoin. Or i will see you at the entrance of a freeway 🛣 while you envy my lambo and i give you a little bit of u.s coins. I stare at you deeply in your eyes and tell you....”you shouldnt have shorted” as you nod.... you log into kucoin and put a 10x long position of 30 days and make what you lost when bitcoin reaches one million dollars a coin.
Ill see you at the ferrari race track....
dont short or youll lose your shorts 🩳
BTC/USDT BINANCEBTC/USDT Binance
4H hollow candlesticks.
After a huge price dump, a downtrend parallel channel has formed.
Until the price breakout of this channel, we have a bearish trend.
When the price breakout this channel new TA is needed.
Bitcoin Price (BTC) = $49,987.20 -0.19%
1 BTC = 21.45 ETH -3.38%
Market Cap: $1,869,799,145,678
24h Vol: $111,932,062,102
Dominance: BTC: 50.1% ETH: 14.4%
Good Luck
CryptoHellas Team
BTC long run 2021 to 2024- If chart will follow 2017 / 2020 than this most likely will happen
- The red area is where the pandemic was in 2020 so i expect a curve instead of a dump
- If we see a dump to 30k in July 2021 then we most likely see a new bull run in 2021 October. like in 2013.
- Green area is the best buy at $30k
btcusd after 3x gain there were a "big crush"We are still in bull rally.
This is similar to 2017 September, when after breating ATH from 1000 Bitcoin rised 500% and make a 30% pull back from 5000 to 3000.
We will see 44k and then next 500% gain with a face melting altseason.
You can try to save 10k per bitcoin selling and catching the dip arround 45 or simply HODL for 3 Months to 5 digit bitcoin at 200k
BTC EURO bearish for the coming days!?!At BTC EURO it seem more noticeable move to the downside than compare to BTC USD, looks like BTC gonna stay bearish till end April until it hits the bottom of the big up channel. There are 2 support to hold it up still, but important that BTC not move beyond the bottom channel otherwise become really bearish.