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Revisiting our Bitcoin analysis from Jan 7 2022On Jan 7 2022 we posted above analysis based on Logarithmic Growth Curves. Below is the content from the post. """"""" If we look at the entire history of bitcoin with the logarithmic curves we can see that the volatility has reduces drastically compared to previous years. As the bitcoin adoption increase, it becomes more slower and harder for BTC to break its new barriers and hit new ATH. In 2013 BTC reached its peak quickly compared to 2017, and similar to we can expect the a delay in BTC reaching its new peak in 2022. If BTC continues to fall then we can expect it to stay above $25k LowDev price. However, BTC $150k is around the corner and it is expected to touch the HighDev ($150K+) soon. BTC new peak is imminent but it's just about how long will it take. I personally think that BTC will reach it's new peak around the beginning of Q2 - 2022. Let's wait and watch. """"""" As you can see bitcoin has reached LowDev price of range of 25k easily and i'm expecting bitcoin to reverse it's market trend after continuing some volatility around the LowDev range. Let's see how it plays out. Stay tuned for more updated. Drop a like and follow if you like our analysis. Hexa
BITSTAMP:BTCUSD
by HexaTrades
2
Comparing BTC price with BTC production/mining cost.As you can see from the above chart, currently BTC price is below its mining cost. when mining costs are lower than Bitcoin's market value, more minors will join. when mining costs are higher than miners' revenue, the number of minors will decrease (which is the case here.) and also historically whenever the Bitcoin price moved below the mining cost, we saw an immediate bounce back. miners are not ready to sell their bitcoins for loss, so the sell volume decreases when the bitcoin price is crashed below its mining cost.
BITSTAMP:BTCUSD
by HexaTrades
AKROUSDT Third Time's the CharmAKROUSDT Technical analysis update AKROUSDT currently trading at $0.01488, AKROUSDT bouncing back from the major support for the third time, the previous two times' bounce back ended with a short gain.
This time we are seeing a very strong uptrend in terms of pattern and volume, So we can expect it to HH. Buy Zone: Above $0.0150 Stop loss : $0.01290 Target 1 : $0.0163 Target 2 : $0.0185 Target 3 : $0.0210 Target 4 : $0.0255 Always keep stop loss.

 Thanks 
Hexa
ALong
by HexaTrades
6
BATUSDT Formed Falling Wedge Pattern!BATUSDT Technical Analysis update BATUSDT formed a falling wedge pattern in the day chart, if the daily candle closes above the resistance line, we can confirm the breakout. In the above chart, Bullish RSI Divergence occurs when Price makes a lower low but RSI makes a higher low. One goes down, the other goes up!  It shows that sellers are easing up. and also rsi trend line breakout in daily RSI chart. BATUSDT currently trading at $0.7220 Swing trade setup Long Entry: Above 0.730 (only buy if the daily candle closes above the resistance line) Stop loss : $0.60 Target 1 : $0.820 Target 2 : $0.960 Target 3 : $1.100 Max leverage :1x or spot buy
 
Thanks 
 Hexa
Long
by HexaTrades
3