Bitcoin Makes History Again!Well, the long-awaited day is upon us today. Today will mark the highest Bitcoin monthly close AND the highest price to date. Bitcoin is slowly, but surely inching its way higher week after week. Looking ahead, we see Bitcoin has clear skies above and nobody knows how far BTC will go going into next year. If we take and Fibonacci extension from the 2 previous bull runs, we see price typically makes a 61.7% to 78.6% extension from the previous bear market bottom. Following this same logic, we can project BTC "might" see its next cycle top in the price range of $60,000 - $140,000. This may shock some, but the same could be said when BTC price was under $1,000 back in 2016. Please keep in mind, there will be MANY scary dumps along the way that will shake out many over-leveraged traders. There will be many traders calling the cycle top in the coming months, stay rational, and don't let your emotions be in control of your decisions. In my previous analysis that predicted this current parabolic price movement, we're seeing I listed all the reasons BTC will see a price increase from a technical and fundamental viewpoint.
If you would like to view that post please see the link below.
Keep in mind, a logical and patient approach is key to making consistent profits regardless of the market.
Btclongterm
NEXT BITCOIN ALL TIME HIGH 1) NEXT ALL TIME HIGH
IS ALMOST 50% OF THIS HIGH
IF CALCULATED EVERY HH IS 45% HIGHER THEN LAST HH
2) YOU GYS CAN SEE ITS ALMOST 45%-+ OF LAST HH
3) AND THATS MY TARGET FOR THIS TIME ATH
THATS ALMOST 45%-+ OF LAST HH
4) IF WE CAN SEE ITS TAKE ALMOST 24 BARS FOR ATH AFTER CORRECTION
5) THERE WE CAN SEE ITS TAKE ALMOST 34-35 BARS FOR ATH AFTER CORRECTION. THERE WE CAN SAY
ITS TAKE 10 MORE BARS FOR NEXT ALL TIME HIGH
6) AFTER WATCHING PERIVIOS DATA WE CAN SAY THIS TIME BTC WILL TAKE ALMOST44-45 BARS FOR ALL TIME HIGH
AND U SEE THAT TIME WILL FINISH IN SEP.2022
BTC Dominance Idea Bullish Outlook 1 Day ChartIn this breakdown we see the descending scallops outlined in red with the twin rounded bottoms on a downtrend. The green represents the Ascending scallops and the estimated movements as we are seeing the trend reversal occur and begin the first of two rounded bottoms shapes that will comprise the whole of the first scallop in the uptrend. If this scenario plays out we will see levels not seen since 2017. As the scallops curve upwards we should see strong BTC movement to the upside. As we fall into the scallops rounded bottom we should see the alts get a much needed breather. In this idea its not hard to see how so many people believe we will see a 50k BTC. If you agree throw me a like and follow me for more charts and concepts.
Thanks for the support Much love
BITCOIN Analysis 20204 years ago when I started to invest in Bitcoin at USD 4.000 I didn't have half the knowledge I have today but I could see price heading where it is today.
Today I'm posting this here to check in the future in a horizon of 5-10 years and see how things will be developed.
Any ideas are welcome to discussion, my only regret with Bitcoin is not buying in 2012 when I started following it and a friend always telling me to buy it. Well, it's never to late comparing to the stage we are in the world now.
I will be waiting for my next buys and let's see how it rolls
Nov12 - Bitcoin (Daily) - Testing 15-16k, Further Up =Retest ATHExpecting BTC to retest the ATH (or make a new ATH) by Q12021...
Check below for my Sept post on potential upside above $20,000.
Are you in? ;)
Follow me on other social media platforms for faster market updates, profit screenshots & etc. :)
BTC: Long-term uptrend in the 35K area.A long-term uptrend to the 35K area is possible. Fundamental reasons: emission of currencies by central banks and introduction of digital analogs of fiat currencies. Investments in cryptocurrency and blockchain technologies are already increasing. Which in turn is good support for the uptrend.
BTCUSD - Simple but a still possible idea.Hello there,
The resistance point was reached around 11,400 USD, the trend going from decrease to increase, which is confirmed when the price remains above the yellow line and above the point indicated on the blue flag on the chart.
Depending on the chart, the BTC has some support points that it can reach in the next period, but also some reasons why it would tend more towards one of them.
The key point in this move is the flag which is the necessary support to keep in the upward trend around 10,700 USD.
If the BTC passes below this threshold, we return to the downward trend, which has a minimum between 8,000 and 8,500 dollars, according to the prices from 2018-2019.
The graphic break or CME GAP, as it is also called, could be confirmed in the case of the first case of decrease, this being somewhere around the price of 9,600.
In the ascending version of the price we see a continuity of the BTC already started, 11,400 being the first point of resistance to be able to consider the following thresholds, 13,000, respectively 15,000 dollars.
The interest given for these thresholds is largely related to the movement of classic markets such as Forex, stocks, commodities, but also to the way we react globally to the current pandemic crisis.
Let's not forget, however, that BTC and cryptocurrencies are some of the few assets confirmed by analysts as some of the best tools of refuge in a possible economic crisis.
We also see that institutional investors have begun to access the market in large numbers, as they are prone to portfolio sharing.
At the fundamental level, the fear imposed by a new possible wave of the pandemic and with it the second lockdown, led to the decline of the classic markets, which are correlated with the cryptocurrency market.
Investors' indecision regarding the redistribution of investments has led to a compliant division of portfolios into cryptocurrencies, which are considered by many to be some of the best tools of refuge at such times.
Separation of the crypto market from all other markets and its growth is most natural to occur in times of general decline such as a decline in fiat currencies.
Please take your time and be patient in your investements.
This is not a trading advice.
Thank you,
St.Gex
BTC/USDT Week Chart If this idea plays out like this it is going to be another repeat of the march fall to 3,500. In the short term we are looking at a drop to 10291 with a rise following that will take it to 11,700-12,000. We can see there is volume waiting on the books at that level which can only mean one thing. We have a symmetrical triangle within the overall pattern of a descending triangle. I have tossed this around a lot and this makes the most sense.
Do you agree? Comment what your thoughts are on this scenario and if you think that it is a viable pattern.
If you like my content throw me a like and follow for more updates as more data comes in. I appreciate the support!
Without a technical outlook your missing 50% of your trade......Just wanted to show a simple approach to understanding you don't need a lot a shenanigan's to understand what the F is going on. Just a sweet technical outlook, mixed with the fundamentals for a long term outlook. You should be styling my friends.... Considering there is still a CME gap around the 9,600 range, I would not be surprised to see a pump then retracement to around the 9600 levels to fill the CME gap before the next big push. Either way got to wait to see what the charts say for the short term. For the long term BTC blow off top I think we can see a range of 100k to 500k by Dec 2021 based on the fundamentals. Knowledge & Patience is what pays! Make sure you don't take my word for it tho because I am not a Financial Advisor. Do your own DD. Thanks!
MTF ichimoku sur BTC/USD selon bitstampSalut, si vous utilisez et appréciez ichimoku, vous devez observer avec cette indicateur multi time frame, vous pouvez le configurer comme bon vous sembles, swing, daytrade, scalping.
Pour ma part je croise les unités journalières, hebdomadaires et mensuelles.
Donc voici mon point de vue, aucunement un conseil en investissement.
Ceci est le graphique du cour du bitcoin face au dollar sur le spot selon Bitstamp, en unités de temps journalières.
Le 29 avril, le prix a cassé la kijun mensuelle, pullback les 9/10/11 mai, confirmant le rôle de support de cette kijun.
J'ai tracé ma trend-line du plus bas cour de cloture journalier (11 mai), au rebond haussier suivant, les plus bas devenant de plus en plus haut.
Le 27 juillet, nous avons eu l’excès haussier qui a permit à la chikou hebdomadaire de également s'affranchir de la kijun mensuelle.
La chute de début septembre permet également à cette chikou de faire son pullback sur l’extension du niveau de la cassure kijun.
Le prix est actuellement en train de travailler cette ligne de tendance haussière.
A court terme, je ne peux pas vous dire ce que le prix va faire, mais mon sentiment reste haussier long terme, sur le fondamental et le mouvement qu'as initié le bitcoin sur la blockchain et tout l'écosystème crypto, une revolution du monde financier pour certains, avec le "peer to peer", la décentralisation, bref, si vous vous intéressez un peu plus sur cela, et le potentiel de croissance qu'as ce marché.
Et donc d'un point de vue purement graphique, tout les indicateurs ce mettent au vert pour le peut-être prochain bull-run.
Merci aux personnes qui auront pris le temps de lire jusqu'au bout.
Paix
The chart you will regret not knowing earlierThis is roughly plotted BTC road map to the next All Time High. It is based on the lengthening cycles. 2021 will be a great year to accumulate more BTC. 2022 and 2023 will be the year of BTC... Note that how crucial role the gray line will play, it is a multi year trend line which we have broke down on March this year.
The coming down move on BTC(the red arrow) may or may not coincide with the crash of stock markets. But in my opinion; it will.
Use this chart wisely.
BTC Consolidation before BullBTC daily candle closed below R1 and got rejected pretty hard shortly above it resulting in a quick 6 min sell off. Price looks to have stabilized. EMAs coming up for support, but Daily MACDs turned slightly negative. The 1HR chart has a bullish MACD cross but there’s heavy resistance up ahead so I don’t see it breaking out over next few days. Lows from the sell off should hold but I expect a volatile week maybe of consolidation before we continue the bull run. Long term & Intermediate term still bullish, but Neutral short term (1 week if not shorter). Any positive news on Stimulus Bill could change things quickly. Good time to load up possibly buy any dips, I don’t think we’ll be here to much longer and possibly never again. In the short term look for the laggards from this last run up to take center stage again ie. VET , LINK , XTZ some others definitely but I have a feeling some of the majors might start getting left behind not including BTC or ETH.
btcusd log chart from start in 2001-2002 projected into 2050This is a btcusd log chart from when I think btc started to where it may go by 2050