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Darius

The end of the bull run for Bitcoin - This time is different 80kHello Guys and welcome to this analysis about Bitcoin! We all know about the current bull run for Bitcoin but the question is. When will it end? Well if you ask me it will happen very soon and I will explain it to you very detailed. Remember Bitcoin has always done the same in the past. The history is repeating . Price Prediction Searching on the Internet about the Bitcoin potential Price Prediction you will find a lot of theories about that. The Super Cycle, the Stock to Flow Model and many mores. They all claim that this market will go crazy to the upside. Now there is nothing wrong about these theories. I also agree with them when it comes to the final Target for Bitcoin. I also see it going up very easy till 1Mio . I do not doubt this. The usecase of Bitcoin is insane and everybody who puts a little effort in doing some researches about it, will understand this. Investing Now to the more important part. How will the Price develop in the near future so I can take advantage of it and make some money. Is it good that I am currently in Bitcoin? Should I hold it? Well when it comes to Bitcoin as an Investment you should definitely hold it. Long Term holder will benefit the most of this movement. But if you are not in this market yet what should you do now? Well right now if you will buy Bitcoin and you will hold it long term there is absolute no problem. If you look back at the chart no matter at what time you have bought bitcoin you are in profit or around break even. Key is to hold. This is the reason #1 why people are losing money in bitcoin. They do not hold it long term. This is also the reason why the market will give us extreme drawdrowns in Price, so most of the investors will get emotionally and leave the market. Should I buy Now? But if you ask me if you should buy Bitcoin right now then I would say definitely NO! I expect some serious drawdowns on Bitcoin in the next couple months. I can not provide you a specific date but I can provide you specific numbers. I expect in the range between 78-82k a big drop of -86% Everybody will just ask me if I am crazy. No I am not. From my point of view that would be the most logical scenario right now, why? Cycles If we have a look at the Bitcoin Cycle we will see that the history has repeated exactly the same. I will refer to the bull run from 2012-2013 We can see that the market went up around 12000% . If you compare it to the bull run 2015-2017 you will notice the exact same number. Also both correction were almost the same: 83% That is crazy. Now we have even more similarities for that. We can spot a triangle Pattern and a Inverted Head and Shoulders Pattern. Now if that was the same that means the current move to the upside is that bull cycle that brought Bitcoin end 2013 till 1000$ If I am applying right now the same Fibonacci and the same Percentage Growth then I come to the target between 78-82k. Of course this target can varify a little bit as we have seen the % are not 100% the same. Therefore we can expect right now the market to go up till that area and to drop afterwards -86% and to come to the target between 11-15k . That drop would also test the inverted Head and Shoulder Structure exactly like in 2015 the market did. Additional Confirmation We can also spot at the same area a Trend Line Resistance which can also be an additional confirmation. If the price will drop during 3-4 day about -40% then we have our final confirmation that the market will go for that -86% drop Institution: Now people would say this time is different. We have big institution who bought Bitcoin. It is not possible that the price will drop that much. Well that is true that there are big institution like Tesla who bought Bitcoins. Well they did around 30k because it was only around that specific date time possible to do this for them. But remember. Those are long term holders. No matter what they will do they will end up as winners. If the market will reach that level they can realize their profit. Which would be about 3x. That is very good money for such an institutions. And if they will not do this they would hold it during the whole drawdown and probably buying some more. Now the thing is that there is still the higher power who could always bring the price down. Whenever the Supply will be given the market will drop hard. Very hard. That is just normal economic cycle. Final Thoughts: From my point of view this market is very exponential already. After such an exponential growth the market needs at some point to give us a big drop. Imagine the Bitcoin Price at 80k. So many financial institutions, hedgefonds would be in big profit. That will mean for them positive year. They will all close from my point of view. No matter how much higher Bitcoin potentially could go. They will rejoin the market for sure. But probably at a lower price. Also remember to the end of 2017. Nobody thought about Bitcoin would drop -82% Nobody! Only 1% have been exiting at the top because they know exactly how the economic cycle works and they have been master in technical analysis. They have been just counting 1 with 1 and I am doing it right now the same. I strongly believe that we have right now the same setup like in the end of 2013. To many aspects are showing me the same. Also right now the media is telling us to buy bitcoin. At that high price? No thank you. Following the media has been always a wrong decision. I am looking to attack and to rejoin at the lower price. From my point of view it is better to realize the profits before this big boom. When it comes to this markets it is always better to be a little bit more pessimistic to not lose that % gain. Me personally of course I am going to hold some of my Bitcoin in my portfolio longterm but definitely I am going to realize some of the profits before this big BOOM. Thank you that you have been reading this post till the end. It really means a lot to me. Let me know what you think about this idea in the comment. This post is just my personal opinion based on my knowledge for the market and the researches I did.
BITSTAMP:BTCUSDShort
by DariusFxTrading
24
The last bullish move for Bitcoin - 80kWelcome to a new Update Monthly: Super bullish environment Weekly: Currently testing Resistance Daily: bullish pattern on the daily -> W Formation. We can expect the market to break the Resistance and to go up higher. I expect it to go max till 82k. It should turn around in that area between 78-82k . Why? Due to the statistics that we have seen in the past the Bitcoin needs to stop in this range. It always had if we look in the past. It always did it during a bull run those % growth which we can also identify with the Fib Levels. The specific number is in this range between 78-82k. This is why I do expect Bitcoin to return from this area. Of course it is not a must have but there are a lot of confirmation why we have a high chance that this will happen. I will explain it to you next week. This analysis should just show that we can still go up. At least till that area ;) What do you think of this Analysis? Share your opinion of this pair below. To support the creation of more please leave a LIKE
Long
by DariusFxTrading
1
XRPUSD long - 1.50$ UpdateWelcome to a new Update Monthly: bullish candle close and approaching monthly resistance again which is good. This Resistance is weak due to many touches. It is an very attractive way for traders to short and investors to leave the market. That would bring the price right through that level. From my point of view it should break this resistance within this month Weekly: Weekly has rejected the Support exactly how I explained it in the last updates. Now it is pushing up Daily: Strong bullish moves. Impulsive and Correction Waves to the Upside + W Formation. Overall superbullish momentum currently Target: I am expecting the market to hit the 1.50$ soon What do you think of this Analysis? Share your opinion of this pair below. To support the creation of more please leave a LIKE
BITFINEX:XRPUSDLong
by DariusFxTrading
1
BTCUSD long - Ultimate High, Liquidity GrabWelcome to a new Update for BTCUSD Monthly: The price is super bullish. We printed again a new ultimate high. Bitcoin looks unstoppable Weekly: Very nice impulsive and correction moves Daily: is currently testing 0.382 of the impulsive move. This is why we had currently a massive manipulation to grab some more liquidity. Most of the trades have been looking at the Support Level to buy. What the market did was a nice short move through that level to hunt all those Stops. Lower Timeframes: Now we hit the 4h level of Demand and market has a good chance to go up from here. Of course we can go lower to the 0.5 or 0.618. But the 0.382 is exactly at the Trend Channel Bottom. So we have good probabilities that the market will push up from here What do you think of this Analysis? Share your opinion of this pair below. To support the creation of more please leave a LIKE
BITSTAMP:BTCUSDLong
by DariusFxTrading
3
GBPUSD long or short - Supply Demand - Top DownWelcome to a new Update Monthly: Overall bullish environment but the market is rejecting strong level of Supply Weekly: Bullish environment. The market could go down lower to go for a deeper correction or continue with the bullish run. Daily: Also here the same situation + it has rejected the 0.618 Fib Level based on the daily impulsive Lower Timeframes: We can spot here a Corrective Pattern for the bearish continuation. Let's see that could also be a fake move to the downside because the market has rejected the 0.618. Therefore we got two options right now What do you think of this Analysis? Share your opinion of this pair below. To support the creation of more please leave a LIKE
by DariusFxTrading
4
EURJPY long and short Setup - Supply Demand - How?Welcome to a new Update Monthly: Super bullish. Still in the impulsive move to the upside Weekly: Bullish environment Daily: Is currently in an impulsive move to the upside. What I do expect is soon or later a Correction to the downside. Afterwards the bullish continuation Lower Timeframes: Here on the h4 we can spot a Support / Resistance Level. Watch it. What I do expect is that the price will Fake it Out. So that should not your entry from my point of view. But it can be your entry if the market will give you a nice Price Action Confirmation. So watch that whole area for a long opportunity. What do you think of this Analysis? Share your opinion of this pair below. To support the creation of more please leave a LIKE
by DariusFxTrading
2
EURUSD long - Supply Demand, Big MoveWelcome to a new Update Monthly: bullish environment, but currently still in the correction. We are push to the upside from the 0.618 Weekly: Perfect big move up from the weekly Demand Zone. Price is still in the Correction Channel. Daily: Very nice bullish Price Action. We got a good chance to get soon or later a long position Lower Timeframes: Watch them to get a nice entry What do you think of this Analysis? Share your opinion of this pair below. To support the creation of more please leave a LIKE
Long
by DariusFxTrading
2
XAUUSD long - Supply Demand, Big moveWelcome to a new Update Monthly: Gold is rejecting the 0.618 Level. Overall bullish but currently in the Correction Weekly: Still in the Correction Channel. Daily: Very nice Price Action, Looks like the market will break now the Supply Zone. If this will be the case then we can look for a nice long opportunity Lower Timeframes: Watch it for a nice Entry What do you think of this Analysis? Share your opinion of this pair below. To support the creation of more please leave a LIKE
OANDA:XAUUSDLong
by DariusFxTrading
4
GBPJPY short - Can we expect that move?Welcome to a new Update Monthly: This chart is super bullish. However we are currently at strong monthly Supply and we would like to see some correction based off the monthly Impulsive Move Weekly: Bullish environment and needs soon or later a deeper correction Daily: Is currently pushing to the upside from the Demand Zone. Lower Timeframes: Price is moving in this correction Channel since price has Formed a M - Formation. We can expect price to drop down lower if it will break the Correction Channel. What do you think of this Analysis? Share your opinion of this pair below. To support the creation of more please leave a LIKE
Short
by DariusFxTrading
10
EURUSD - What will you do? UPDATEWelcome to a new Update Monthly: Bullish environment. The market is currently in the Correction Phase. Long Term we can expect big moves to the upside. Weekly: Here we can see clearly that the market is in a bullish Flag . Moving in a very Corrective way. Currently it is also at weekly Support Daily: Very nice movements here like I explained in the last Post. Well from here now we can expect both scenarios. Long or Short. We have confirmation for both sides so I would consider to not trade this pair right now. We can also see how the price is currently retesting this Corrective Pattern Channel to go down lower afterwards. Opinion From my point of view we have a higher chance to go down lower but let's watch price action and the lower timeframes for additional confirmation before entering shorts. What do you think of this Analysis? Share your opinion of this pair below. To support the creation of more please leave a LIKE
by DariusFxTrading
6