Btcinvesting
BTCUSD: 2022 = 100K & More. Our Trend Channel. Happy New Year!Hello my friends!
Happy New Year. This is our Trend Channel. Keep hodling. 😀
--
Let's see what happens.
Happy trading. 😀
BTCINVESTING
--
Post from Dec 4, 2021: "BTCUSD: And another bad news for bears: buy the dip!"
My Post from Jun7, 2021: "BTCUSD: Another bad news for bears!"
My Post Apr 15, 2019 (3 years ago!). I was one of the first btw. ;-)
--
🧿 A Lovely 🅱️bBtcChrt Wouldn't You Agree ? 🎱One Might Find
Themselves At A
Particularly Advantageous Time
To Buy Some
BTC At This
Point
Presently
Just A Thought
💜🔷Ⓜ️
BINANCE:BTCBUSD
BTCUSD: Difference - Bearish Downtrend | Bullish AccumulationHello my friends!
Still a lot of fear on the street. The Greed and Fear Index has just been at 21. Many Bearish posts are circulating. As you know I am still bullish. For me, the Halving Top has not been reached yet. I understand the last correction as a Main Correction towards a Bullish Accumulation. In 2018 this kind if Main Correction was imo the entry into the bearish downtrend.
For me, there are three possible scenarios:
1. scenario A "Straight up": this scenario is in line with my previous posts. I am convinced that the posts are still valid.
2. scenario B: I call it "Long Accumulation". Here we see more sideways movements over the next few months in the Fib range 0.382 to 0.114. In a Bullish Accumulation, I put the Fib 0.618 at the last top (Wave 3 up to 5). A kind auf Fib Based Extension.
3. and scenario C: "Bulls Explosion" would catapult us to over 200k by March 22.
If you ask me I stick to my primal estimation that we will see the Halving Top July or August 22. Although a longer accumulation with another drop to 35K is possible.
In principle, it makes no difference to me as a Hodler. My target is between 1.618 / 2.618 and 3.618.
--
Let's see what happens.
Happy trading. 😀
BTCINVESTING
--
My Post from Dec4: "BTCUSD: And another bad news for bears: buy the dip!"
My Post from Jun7: "BTCUSD: Another bad news for bears!"
My Post Apr 15, 2019 (2,5 year ago!). I was one of the first btw. ;-)
--
BTCUSD: And another bad news for bears: buy the dip!Hello my friends!
This post is for all the fearful who have not yet been in the market in 2017. Corrections of this kind in the bull cycle are quite normal from my point of view. I still see us on track.
I have analyzed the situation with the Trend-Based Fib Extension and also with the "normal" Fibs. In all cycles we could come to a similar result: the first top was at 1,618 and the main top was at 2.36. If we compare "normal" Fib with Trend-Based Fib Extension, we would reach the top at 3,618. Exactly at the same point.
One more remark, even if we only reach the 1 at Trend-Based Fib Extension, that would be at 90K and the 1,414 would be at my minimum top of around 115K.
As a Hodler who buys Bitcoins and does not sell them, I am still quite relaxed about this move. The main resistance at 39.5K has held. Thus, this could be a roughly -40% move like 2017. Next week it can go straight up again. Lets see. Lets cross our fingers! ;-)
--
Let's see what happens.
Happy trading. :-)
BTCINVESTING
--
My Post from Jun7: "BTCUSD: Another bad news for bears!"
My Post Apr 15, 2019 (2 year ago!). I was one of the first btw. ;-)
BTCUSD: Bad news for bears!Hello my friends!
Bad news for bears! I have left myself a back door open in my last posts. I said: bitcoin could still go down to 24K. Also because we still have an open CME gap there. Given this chart and the findings from it, I now make a clear statement:
We had the bottom at 31K!
That's it imo. From now on, it should go up. I am therefore strongly bullish. Accordingly, our halving top could be at 230K in November or December.
Let me briefly explain the chart: Everyone knows Bitcoin has a strong 0.5 tendency at Fib. The Fib channel shows us where the 0.5 was last time. The formation matches with the current one. So current point could be 0.5, too. This also matches with the trendlines which we can draw from the halving tops to the current dips. And ... If we count waves then we would be at a 4 on the way to 5. This is also a strong bullish signs imo.
Btw: I changed my TV Name from btcinvests to BTCINVESTING, nothing else changes. :-)
--
Let's see what happens.
Happy trading. :-)
BTCINVESTING
--
My Post Apr 18, 2021
My Post Nov 19, 2020
My Post Apr 15, 2019 (2 year ago!). I was one of the first btw. ;-)
--
BTCUSD: Next impulse ahead? Outlook for the next mounth. 💯🚀Hello my friends!
We closed the week above 50 K. So far so good. If the pattern of recent months is repeating, the picture for December will be positive.
The Weekly MA50 has given strong support so far. This means that our Local Bottom could have been here. If we look at the RSI, this underlines this view.
On the last impulse, we reached the Fib area of 1.5 to 2. If this pattern repeats, the next possible local top would be between at 75K and 90K. Lets cross our fingers! 🤞
--
Let's see what happens.
Happy trading. 😀
BTCINVESTING
--
My Post from Dec 10: "BTCUSD: News for bears and bulls: Here we are!
My Post from Dec4: "BTCUSD: And another bad news for bears: buy the dip!"
My Post from Jun7: "BTCUSD: Another bad news for bears!"
My Post Apr 15, 2019 (2,5 year ago!). I was one of the first btw. ;-)
--
BTCUSD: News for bears and bulls: Here we are!Hello my friends!
Here is a post about the status quo. For everyone, for bears and bulls. For Hodler like me, the situation is nothing special. I am still bullish. But for everyone else, the info might be interesting.
So, where do we are? The key question is, was 69K our 5. If the support (yellow box) holds, then it was not the 5!
We are just at a very important support area that needs to hold: The Support line (down from the 3), the daily 350MA and the 0.236 from the Trend Based Fib. For such post I choose only the price line in the weekly chart. Here, all extreme movements are hidden.
If all the strong supports do not hold, then another correction around the red trend band (0.618x350MA) is possible. Currently, however, everything is still okay. The closing price of this week and next week are key. Lets cross our fingers! :-)
--
Let's see what happens.
Happy trading. :-)
BTCINVESTING
--
My Post from Dec4: "BTCUSD: And another bad news for bears: buy the dip!"
My Post from Jun7: "BTCUSD: Another bad news for bears!"
My Post Apr 15, 2019 (2 year ago!). I was one of the first btw. ;-)
--