BTC - Potential new ATH by the end of this monthWe're currently in a downtrend, with Lower Lows and Lower Highs; however, it seems to be looking slightly bullish right now. Lots of different data showing the price will likely increase to ~70k within the next few weeks.
There is a lot of resistance within the yellow zone highlighted here. The price will likely face rejection within this zone and if we're lucky will correct back to ~62k support at the lowest. From there there is a better chance of the 70k movement occurring.
The price is currently very undervalued, but also volume is quite low. This is likely due to the fact many have bought and are still holding, and new investors are waiting to see what will happen.
If the price however drops below 56.6k on the rejection, we may see extended bearish price movement to the 48-52k region, but likewise this should just be temporary; but it will postpone the 70k+ push by likely a few weeks.
If the trend however is bullish, this could result in a new ATH by the end of this month. A new ATH by the end of this month would put the price of BTC back on track with its trajectory to reach 198k by end of June 2025.
Estimate
BTC Trend Projection - First steps to reach 198k by July 2025We are projecting an ATH of 198k by June 29th, 2025. For BTC to reach this it has some steps it needs to follow. These steps can be broken down into chunks and here we aim to break down the first part.
Likewise, here is a quick evaluation of how BTC is currently doing and what may happen in the upcoming few days to a month.
Bull:
BTC may have corrected downwards and sideways enough to become being properly evaluated. What this means is that BTC's Price and Halving projection line are very close together. This is great news as it means bullish momentum may be happening soon and this will help maintain a strong support and potentially the lowest the price may crash to in the upcoming few days.
Bear:
Unfortunately there is still some short term bearish momentum going on and the price may correct further to the 60-62k area. This should be only temporary and can be considered a good entry point to get into the market if you haven't already as most trading pairs are at a pretty good buy in price right now.
Conclusion:
Be cautious if you have a liquidation in the 60-62k price range as this correction may hit that area before the bullish momentum picks in and we slowly climb back to the 70k+ region.
If you haven't bought in yet, the next few days may be about the best you are going to get unless you want to wait until July 2026 where we may see a low of 50k..
BTC's bullish momentum may be very close to happening again, this short correction was necessary but may be almost over.
There is a potential possibility of side ways movement until May, however BTC is generally very volatile and there is a better chance we see 1-5% price movements up and down between 60-75k for the next month; so even though bullish movement may happen soon; there may still be bearish movements in between. The true parabolic movement is likely awhile away.
When BTC does exhibit parabolic movement, it usually does so for a few days to week before slowing down with a correction, consolidation and then continuation. Its never just straight up forever, be cautious!
Bitcoin Temporary SWING but also Long Term LONGThis Long on Bitcoin is very much LONG TERM due to the fact that the halving and so many of our indicators and others are pointing towards it.
However, this Long in our opinion does have a temporary swing to it. We may be suspecting a temporary increase to ~48-50k in the upcoming 2 - 3 weeks BEFORE a Correction back to the 44.5-45k mark by February.
After this mark around early to mid February we are projecting parabolic movement on the trajectory of our BTC Halving Indicator of 198.4k by June 29th, 2025. If this is indeed to happen, the slope/trajectory the price will need to take to reach its predicted High by its predicted Date will be exponentially parabolic.
We understand that many other Halving's analysis is anticipating April to be the Halving. If this is indeed true; this doesn't forgo our Trajectory; if anything it simply may make it more Parabolic in Nature.
So stay tuned; the volume within the Crypto Market itself, along with BTC may become parabolic and exponential in the upcoming months. Now may still be a great time to enter if our prediction of 198.4k by June 29th, 2025 is correct.
Likewise by this slope of movement, if correct, we will see a new BTC ATH by Early May 2024.
Big Winners For Monday 8/30/21 According To My AIThe below is a list of the top estimates for tomorrow according to my AI program and I have included the estimate as well as the score that my AI has assigned to each pick. The higher the score, the more confidence has in the pick. I made SNTG the default chart just because it was the first pick on the list. For those of you who have been following my posts on here, I only post these when I do a big update and to also show you guys the progress of how the AI is getting smarter each time. A bit of a humble brag though is that I showed a bit of my process to John Ehlers and he approved so I'm happy about that. Feel free to share your thoughts and I will update these with the actual amounts at the end of Monday!
NASDAQ:SNTG
Score: 3838
Est: 7.78
EstPct: 50.38
NASDAQ:ADVM
Score: 1393
Est: 4.03
EstPct: 67.77
NASDAQ:STIM
Score: 1378
Est: 18.05
EstPct: 171.32
AMEX:FURY
Score: 909
Est: 4.13
EstPct: 450.79
NASDAQ:KPTI
Score: 454
Est: 7.58
EstPct: 35.70
NASDAQ:APRE
Score: 392
Est: 4.83
EstPct: 13.12
NASDAQ:QLGN
Score: 374
Est: 1.54
EstPct: 16.30
NASDAQ:EVFM
Score: 324
Est: 1.10
EstPct: 38.76
NASDAQ:ASMB
Score: 267
Est: 4.12
EstPct: 10.77
NASDAQ:VECT
Score: 246
Est: 8.31
EstPct: 17.42
Big Winners For Monday 6/12/21 According To My AIThis is my top 10 estimates for the highs of the day on Monday (6/12/2021) according to my AI program and for those users that have been following my ai idea updates, I have improved the ai quite a bit to provide much more accurate results and I have implemented a scoring system that ranges from +30 to -30 and this is essentially the AI confidence that the estimate will be reached so +30 is the highest confidence and -30 is the lowest confidence.
Symbol | Last Close | Estimated High | Est% | Score
CRIS | 8.01 | 10.10 | 26.11 | 25
WISH | 10.00 | 12.07 | 20.68 | 0
VIXY | 25.23 | 30.27 | 19.99 | 0
CAN | 8.72 | 10.29 | 17.97 | 15
TAL | 29.23 | 34.30 | 17.36 | 25
PROG | 3.21 | 3.70 | 15.39 | 10
SPCE | 35.10 | 39.40 | 12.24 | -25
RUN | 44.96 | 50.39 | 12.08 | -20
ESTC | 136.67 | 153.05 | 11.98 | -20
CAKE | 56.08 | 61.73 | 10.07 | 0
I have made CRIS the chart since it is at the top of my list and the indicators because they are my favorites. I will update this idea with the actual highs of the day of course. This is an ongoing series for me so make sure to share your opinions, positive or negative. Thanks for following!
Crypto Total MarketCap - 2021 to 2023 projection estimateWARNING! (Disclaimer)
This is not a financial instrument or advice! Invest at your own risk!
Only for educational purposes.
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We'll see if history repeats itself and projection comes to fruition in about several years.
Beware - Industry may go the opposite other way. The prediction models and statistical tools used only plot possible price evolution in relation to past data.
Past performances are not a guarantee of future performances or profits!
Update on XLM/BTC PredictionsThis is an update on my previous post on XLM/BTC. This includes my predictions for price targets and possible buy points for the final Elliot Waves. Based on the first wave correcting at 0.5 fibonacci level, i estimated wave 4 to be around the same. Then wave 5 may hit the major resistance at the previous high. Also, when i looked at the RSI i noticed it was nearing the oversold area which could potentially mean a reversal coming to end wave 4 and begin wave 5.
Feel free to comment anything wrong with my analysis and let me know what you think!