Btchodl
BTC (3D) - Big Picture Outlook, Target Timeline & Price LevelsWarning! doing my crystal ball magic wand prediction again. :-p
last time i did a major wave count, it pointed to 2018-19 bottom at 3.5-4.5k, someone suggested i go predict the weather too lol..
well, prev prediction of $3.5-4k bottom (2018-2019) ✅ & the subsequent new ATH to $70-100k by 2022 ✅ (missed by a bit, ATH was $69k in 2021);
both targets considered achieved, as of writing. links below.
so, here's my 'doodling' for 2022-2024 , take it with a pinch of salt ;p
bottoming > consolidate > breakout channel to retest ATH, spanning a 2yr period.
This bottoming process may well be shortened/accelerated by:
1) Fed restarting the money printer: further eroding confidence on the Dollar as global reserve currency.
2) The World fast forward to CBDC implementation: further amplifying BTC's privacy, anti-censorship, decentralized qualities.
Doing the wave count, technical & macro research for my own stack of sats too. In fact, if happen as predicted, this upcoming BTC bull wave will be able to shield me & family from the financial disaster from potential Dollar collapse / authoritarian & tyranny of CBDC. Do hope it helps you in some ways too. :-)
Look forward to check back on this post 1,2yrs down the road.
Let's HODL for wealth protection~ Cheers! 🥂🥂
Bitcoin's Bullish scenario Hey Guys
I see that there's a FOMO happening, every one's talking about $100K Bitcoin and there are people out there deciding to buy BTC or add more to their wallet.
But wait, JUST buying is not that important
The more important thing is " WHERE TO BUY? "
If you're going to buy BTC on $50K, Believe me it doesn't make sense!
Bitcoin is now forming a ascending triangle, YES!
But wait to see if it's gon break the pattern or still keeps playing INSIDE it!
You see the chart I've shared, that's the bullish scenario that BTC breaks out of every resistance ahead and shoots for 100K.
This MAY happen IF BTC closes the daily candles (today or tomorrow) above the triangle.
But I'm not so sure that this happens (I feel it needs more correction and more buyers to pump)
I will share some more possible and realistic ideas in the updates or in another idea
thanks for reading this, let me know what YOU think ;)
Apr23: BTC (1W) - Final BTFD before $80-100k 📈🐮🚀🔅Weakness above $60k, breaking UTL will likely see further retracement towards S1&S2 ...
If we're lucky, maybe even S3 , if Michael Saylor/Elon/Apple doesn't BTFD before us ;p
🔅My HODL avg is <$10k, final round, looking to buy dip a lil more, between S1&S3 as marked.
Next impulse shall take us to 70-80k, then $100k.
❇️ Sept2020: Call for $70-100k, timeline happening much faster, price targets still intact.
❇️ March2020: Calling for Buy HODL at $100-150B BTC MarketCap (Today's MktCap: $1Trillion)
❇️ June2018: Calling for both 3-4k Bottom & Subsequent New ATHs
⭐️ Follow my TG channel for latest market updates. :)
Happy Hunting! 🚀
-JK-
Will the BULLS come after the HALVING?That’s the pullback we all wanted! And when I say “all” I mean even the bulls or the hodlers, for the price needs a rest sometimes, and the asset needs to become more attractive to the eyes of those who are out. Then, new buyers will come, and the price will have the strength to rise again.
What we saw this weekend was a mini crash, because of all the expectation towards the halving, and with such volatility comes the opportunity . Notice the long shadows it left after it hits the green trendline, this is a sign that the bears couldn’t sustain a fight here, and they were dragged out of the battlefield by the bulls. Now it seems is doing a bullish engulf.
If I were still short in BTC, I would get out if this pattern is confirmed. I was short recently, as I said in my last analysis (link below), since the price confirmed a Harami under a resistance and a double top in the hourly chart. Also, I invite you to follow me to keep on track, I do daily analyses here and you’ll be updated of our trades.
Now let’s see the hourly chart:
See that thin black line, that is an important zone to be surpassed, and above that point is bull territory. Also, notice how that red line served as support, and how it almost didn’t - it was so violated that it almost doesn’t makes sense anymore, but I’ll face it more as a price zone around that red line than a specific point. And that’s all thanks to the volatility the halving gave us.
In my opinion, BTC is a long trade, but we will have to be patient and I’m skeptical about a fast recovery here. Nevertheless, this mini crash gave us an opportunity here. Be safe, be calm and patient.
Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped.
Thank you very much.
* LIKE this idea and FOLLOW me, because:
- Here, you will see clean charts;
- Trades with clear risk management;
- The best of Dow Theory, Price Action and Candlestick psychology;
- Chart patterns with statistics. *
* My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
Bullish absorption BTCif you do not know when to sell?
can order the service portfolio
Bullish absorption, only confuse the volumes on which we row.
“Bull market” is the market where buying prevails over selling. Increased demand for an asset raises the price up, thus creating a trend. If in time to get into this trend, then there is a chance to buy an asset much cheaper than it will cost in some time. All that remains is to have time to sell the asset, and this is sometimes not at all easy.
my ideas
BTC- Hodl First of all, subscribers and other users of TradingView, I would like to thank you for your support, thank you very much for that!
Now let's look at the graph
We broke the triangle, keep the level above $ 9000
Savings on Red Square at $ 9,400-9,000
gives you the opportunity to rise to the goal of $ 10,300-10,500
The campaign to achieve the goals will be canceled if we break through the level of 9000 dollars.
My idea was confirmed: