Btcusdforecast
BTC Swing Long After 85% Bear MarketBTC Bear Markets typically will take us down -85% before the start of the next cycle. We aren't quite there yet, but we would be if we reached the macro GP pulled from the previous bear market low to our current ATH. It also coincides with the last down candle/order block that broke bearish structure and caused the last macro impulsive move/bull run. This idea has us dropping into the depths for a real capitulation, shaking out all of the weak hands and making everyone lose hope before finally putting in a bottom right before the BTC halving. We should see a real bottom in December of 2023 if this is the case.
BTCUSD 4June2023BTC medium term looks bullish. currently it could still be in the wave 2 period. although last week BTC managed to get out of the sideway area, but the range for prices to make corrections is still very wide.
looking at the fibo retracement area, there is a SnD area right at the 0.236 level (the price has dropped 76% from the last bullish swing) in my opinion this area is quite dominant, although in the medium term BTC looks bullish but it is likely that wave 2 is still not complete and it could be that the price is heading towards the SnD area.
Bitcoin Next Week Possible MovePair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Completed " ABC " Correction
Impulse Correction Impulse
Symmetrical Triangle
SMC - CHOCH
Break of Structure
Bearish Channel as an Corrective Pattern in Long Time Frame and Rejection from the Lower Trend Line
Impulsive " wxyx " Wave will Completed its " z " at Daily S / R Level
BTC REPEATING HISTORY noting but ask your self that, Isn't looking very similar ??? if you have answer please comment your answer Thanks...!
$btc has not yet broken the parabolaMaybe a mini parabola for a mini bull run since the full bull run not expected just yet. However, it's ok to dream. Not turning bearish overall just yet, hopium but it may come true that it touches it and we shoot to 40K. DXY not looking good so if inverse relationship still holds, it looks good for bitcoin.
Time To Take Profit (BTC/USD)Crypto moves in cycles. For example: Bitcoin happens to find a top each 4 years, meaning a complete Bitcoin cycle contains of roughly 208 weeks.
In those 208 Bitcoin goes up and down, creating smaller daily cycles. Bitcoins daily cycle consists of approximately 65 days. In the bull market, which I believe we are, The tops of those daily cycles are found past the halfway point of the daily cycle. This means that a top is liklely after 34 days of climbing.
We saw this in the previous cycle too. The cycle lasted for 70 days, on which the top was found at day 54. That cycle was right translated.
The current cycle is at day 38. We saw a shooting star candle at day 35. Meaning that it is likely that a short term top is in. In case Bitcoin goes higher, it is unlikely it will break all the resistances above so taking the risk for more gains on the short term does not make lots of sense.
Right now im short term bearish on Bitcoin. Note that the last green candle is an estimate of when a bottom can be found, not at what price.
Total Market Cap & BTC Weekly TFTotal Market Cap Following The Inverted Head & Shoulder Pattern And Expect It To Reach Towards 790B Level, My Mistake 100MA is acting as a resistance not 20 MA
As for BTC similar Inverted head & Shoulder Pattern Play Out My target for the mid term is around 36000 but this is going to take weeks or even months as BTC can retest it's previous support ( neckline) before moving up
My target for April is 31900 level
BITCOIN BTC Bearish Possibility, Not Much To See Here!Has BTC exhausted its recent rally? Top has rounded and formed, Making lower lows and lower highs, Hitting key resistance, Has failed to sustain 50K, Momentum indicators divergent, and could be following my wave analysis for a pullback.
Still need to see price break 46.5k, 42k and 37k in my humble opinion. After that not much stopping it other than 23k and 16.5k
Just a simple idea analysis. Not much to see here.
Always be ready for any scenario!
BTC Weekly Update | Will we wait for a good climb ? (LONG)After many struggles, BINANCE:BTCUSDT (Bitcoin) was able to start a green jump with very good candles.
Goals ahead :
** First - 25,000 is a strong resistance.
** Second - If 25,000 is broken and stabilized, it will have the ability to reach 30,000 .
Simple is better than complicated
Maybe This Way ...
Bitcoin BTC Next MovePair : Bitcoin BTC
Description :
Consolidation Phase in LTF if Breaks the Upper Trend Line then BUY and If Reject then SELL
Divergence
Completed " 12345 " Impulsive Wave and " ABC " Corrective Wave
Break of Structure
Falling Wedge as an Corrective Pattern in Short Time Frame as an Correction in Short Time Frame with the Breakout of the UTL
Bitcoin Idea | The Bulls Attack!For Bitcoin the highest weekly prices are probably $30500.00 and $31500.00.
No further explanation!
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And only some of these analyzes are my actual real trades.
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Higher Low RSI Set Up on BTCHigher Low RSI Set Up on BTC .
We have to visit an area that we climbed too fast. I believe it will occur at RSI when we will visit.
Rsi going lower when price going higher is a bullish set-up.
Price can move up without putting any lower low when this happens.
I believe 27.500 then 29000 will come.