BTCEUR
Looks like not a big leap how Market will streghten its bottom FRACTAL DIMENSION OF TOTAL COIN MARKETCAP NOV 2019 AND PRESENT
For short term, it MUST strengthen its bottom AT LEAST ONCE
For long term, if supports alive, accumulation will be compansated, ie. market fly.
Bitcoin BTCUSD Longterm ViewI expect BTC to consolidate between the symmetrical triangle in the chart and reach a new ATH once breakout occurs. New ATH range between 30.000USD to 90.000USD between late 2021 to late 2023.
This is just my opinion, not financial advise.
BTC coming back this Fall. Early Summer will be bloody.2020 early Summer will be a bloodbath for BTC holders. Worse is yet to come, mark my words.
From this month to May price will be on downward.
We have not touched the bottom yet. My best advice to everyone is to buy in the summer.
Good luck all.
Shorting Bitcoin Again!Hey!!
As a related post you will find the actual trade we took, but heres a video explaining our short on BTCUSD and BTCEUR again!
BTCEUR BUYTrading on the weekend is awesome :D
selling BTCEUR gave me a solid 0.3% gain and now im long.
Related to this post is the video analysis too
EURBTC LONG: weekend buy setupIn the related video you will see me go short on btceur and I closed it while the video was updloading with just under 500 eur for the morning... in this video I explain why im going now long on bitcoin.
enjoy
BTCEUR SELL: Weekend day tradingI already closed this trade and went long, check the next video for the details of the profit and why I went long on BTCEUR after profiting on the selling side
Bitcoin may hit 7400usd by first week of AprilDear readers,
After last weeks huge dip and follow up manipulated wicks, I see something huge to come by end of the month. I am speculating that by first week of April we may hit 7400 or more. I will eventually update this chart if I find any move that act against to this idea.
Trade Setup:
Buy price < 5300
stop loss < 4800
Target > 7300
Peace,
Budha
BTC/USD TA Update (bullish short-term pattern?)BTC/USD
Bitcoin is holding strong the price range between 5200-5400 zone and looks to be forming a bullish ascending triangle
as the price keeps making a series of higher lows. BTC just had a bullish MA cross of 50 & 100 moving averages on the 1H time-frame.
This signal short-term shift in momentum to the upside but still not confirm until immediate resistance at 5500 areas is broken.
If Bitcoin can confirm a bullish breakout in the coming few days. The upside target is between 0.5-0.618 fib resistance or 6k-6.5k zone.
When most indicators show extreme fear and oversold conditions we likely see a relief temporary bounce.
Bearish side, if BTC closes below 5k this will invalidate upside scenario.
Yet another great opportunity to buy the DIPHi all,
I am back with another idea. We are blessed to witness great price action over last week and got great new lows to buy for the life time opportunity.
On weekly:
Bulls gaining momentum to end the dip
On Lower time:
little bearish that may or may not take back to 4500s one more time
Daily Suggesting sideways with Bullish Momentum.
Yesterday is a great manipulation day that signaled Great Buy opportunities.
Trade Setup:
BUY : 4600- 5000
Peace,
Budha
(W) - BTC in Symmetrical triangle + Possible Bull flag?What most people don't realize at times like this is to zoom out and check the bigger picture.
This is the weekly chart of bitcoin which show a symmetrical triangle formation and possible bull flag.
Also note how the volume is slowly lowering since the kickoff of the bullish run.
In the shortterm bearish scenario:
My first target is going long 6500-6700
My next target is going long 5300 - 5500
in the shortterm bullish scenario is going short at 9000 and 9500.
In my eyes confirmation of a continued bull run would be a higher top than the previous one with good volume.
Like for example a strong close with not a huge wick above 10k.
These are very safe entries looking at the chart now if the volume keeps the same.
BTC window for altsAs of bitcoins breakdown a massive support turned resistance has formed, this was a large period of very low volatility, labelled in purple. This may provide a large window for alts as bitcoin will become stuck between this level. Supported by 50MA on the monthly chart which is a good sign, however i see Ethereum and Erc-20 tokens growing a lot more rapidly than BTC, due to this window.
BABY BUY BUY BUY!I was right about the first target of my last prediction, but this here is the closest to sure thing ever. Remember nothing is a sure thing in trading but this is damn close.
I hope you appreciate the Justin Timberlake title lol
Bitcoin... Can we see $4950 In next Few Days..?#BTCUSD Fresh Update:
Current Price of Bitcoin is $6050.
#BTC Now Holding Support-1 At $5800.
If we hold this Then We can See Next upward move $7400.
But If breakdown Then Next Support-2 is $4948.
So I am Waiting for Bounce.
Strong Support : $5800 ( Where we can expect Upward Movement)
But if BTCUSD Fail to hold This support then We can see Next Major Support $4950.
$4950 is very Strong Support so we can expect very Strong Bonce From there if this would Happen.
And Any Bounce from any Support Our Target would Be $7400/$9500
Please like and Follow Me for Latest Crypto Updates.
Thank you
BTCERU 10500 per bitcoin the maximum then will crush to 4000 Bitcoin will gain 16% more till halving in may, then slowly lose the value with total crush below 4000 in August
Bitcoin Now Very Critical Zone cam we bounce from here?#BTCUSD Weekly Update:
Now Current Bitcoin Price is $7360.
#Bitcoin Now Struggle At Very Critical Zone ( $7252-$7300)
If #BTC break down $7251 Support and Weekly Candle Close bellow 100D MA then I will bearish otherwise I can expect bounce from here.
If Break down And weekly candle close bellow 100MA then I can expect Next leg down Would be $6350.
But If Weekly candle Close Above $7350-$7400 then I will bullish till $9550.
So guys Never Gamble and trade with Patience and Safe.
Support: $7251/$6313
Resistance: $9550/$11650
Resistance = Targets and Support = Entry
Entry always After Confirmations.
Please Like and follow me for latest crypto updates.
Thank you
Bitcoin Beast Mode to 14K and great Buy opportunityHi all,
Firstly I am very sorry for may bad timing on my last chart I published yesterday. After I published my last chart we had dipped almost 800$ and I had to analyze various possibilities on why my last pattern got invalidated. I have been keeping all my efforts for the past many hours to analyze the situation after it dipped hard and I am very happy to come up with this new bullish chart very quickly.
With the current dip we formed a perfect symmetry of 0.7 and a dip ranged till 0.61 is also expected however once it blast price will moon to as high as 13-14K.
Trade Set up:
Long price : <= 7900
Target : 13-14K
Best wishes,
Budha
