GME We Will Rise Again. Power to the PlayersGME
We Will Rise Again.
Power to the Players.
We Aint Leaving We Win.
Hodl
Bitcoin Wavers in the $20K'sBitcoin is struggling to maintain the $20K's. It is forming a very narrow range between $19.7K or so and $21.5K. The Kovach OBV has flatlined, and the lack of buying interest suggests another dump may be in order, unless stocks have a breakthrough and can break out of their malaise. We must solidly clear $20.7K before attempting higher levels, the next target being $22.4K. In the event of another sellof, we expect $17K to hold as a floor for now.
Recession Fears Impact BitcoinBitcoin sold off with stocks, testing the lower $20K's. It is hanging onto the $20K handle by a thread. Despite the stock selloff, we were starting to see increased resistance in the low $20K's confirmed by red triangles on the KRI and were unable to test even the first level of the $20K's at $22.4K. The Kovach OBV has slumped, suggesting we will not make another attempt any time soon. If it dumps further, then we should see support at $19K with a floor at $17K. If we are somehow able to break $22.4K, then $23.9K is the next target.
BTCUSD price analogyBTCUSD. An interesting price analogy. Few people expect the BTC price could fall back to 20K area, isn't it? ... We've seen an upward price channel in wave B again like it was in the beginning of 2020 during blue cycle wave 2. Wave 2 was a zigzag and wave 4 may take an expanded flat formation according this scenario. Could be dangerous for hodlers. Keep calm and be ready for some turbulence!
Bitcoin Struggles to Maintain the $20K'sBitcoin is encroaching upon the $20K's, after dipping to the low $17K's this weekend. We are seeing incredible resistance here confirmed by several red triangles on the KRI. We have made it to $21K albeit barely, but a burst of momentum is necessary to solidify the $20K's. If this comes through, watch $22.4K and $23.9K as the next targets. If we do not see momentum come through, there is a strong chance of a rejection, which could take us back to the $19K's or lower. Expect $17K to hold as a floor price for now.
Bitcoin Rebounds from Lows!!Bitcoin plummeted over the weekend, bottoming out in the low $17K's. We have tested highs from the rally in 2017, which we anticipated would happen at some point in many of our reports here going back to November 2021. We have since equilibrated and found footing, with a rally taking us back to $20K. We are meeting resistance here confirmed by two red triangles on the KRI, but the price action appears to be consolidating, readying for a potential breakout. If we are able to break out, the next targets are $22.4K and $23.9K. If we break down, expect $17K to hold as a floor price for now.
BITCOIN : Price prediction long termBEAR MARKET wish you we're here..........
and
-Bear Market 1 use 163 day
-Bear Market 2 use 622 day
-Bear Market 3 use 362 day
---------------------------------
-We at Beat Market 4 use 221 day before All time high at price 69000$
Average Bear market 3 time later at 382 DAY
NFA
Technical analysis BTCThe price is loosing selling pressure. Possible change of direction following the curve into bullish divergence.
When Will Bitcoin Bottom??Bitcoin has slumped forming a bear wedge pattern at lows. The low of $20K seems to be providing good support for now, but the lack of buying interest is concerning. The Kovach OBV is picking up slightly, but we are seeing a lack of follow through in the price action. If we do cave further, we should have strong support from $19K, a major Fibonacci level on the daily charts. We expect this to be the bottom for BTC. If we do pick up, we must break $22K, then $23.9K is the next target.
Bitcoin Rally FadesThe FOMC event did little for crypto. The Fed raised interest rates by 75bps, the biggest hike since 1994, to combat the highest inflation we have seen in 40 years. The hike was largely priced in and stocks rallied a bit as a consequence, taking the crypto market with them. Bitcoin tested $22.4K, and swiftly rejected it, after red triangles on the KRI confirmed resistance there. We are seeing support from $20K, which we anticipate to hold as a floor price, but if not, $19K is the next target.
35K->10K->1MThis (worstcase in my opinion) count fits global recession in 2023 followed by paradigm shift in 2025.
Anyway, HODL is best strategy.
Bitcoin Plummets FurtherBitcoin broke down past $20.7K making yearly lows. We have broken past many strong support levels, confirming the bear trend. The next level is a major Fibonacci level around $19K, which we anticipate to hold and potentially be a bottom. The Kovach OBV is solidly bearish, and the crypto market is severely oversold. If we somehow catch a relief rally or pivot then $22.4K is the next target.
Bitcoin Pivots! Is this the Bottom??Bitcoin extended its decline all the way down to $20K. We fell down to our lower level at $20.7K exactly, before we finally got a pivot back to $22.4K, where we are establishing value now. This is exactly the type of pivot we would expect from crypto at a relative low. It is unlikely that Bitcoin will dump much further, for now at least. But the Kovach OBV is still abysmally bearish and resistance at $22.4K seems to be holding strong. There is an FOMC event tomorrow, so the markets are likely to be quiet, and we can expect BTC to range a bit, establishing value before the event.
Simplest and powerful BTC Holding strategyJust buy when price hits 200 weeks SMA and sell when Pi Cycle Top indicator appears at top...
You can complement it with the BTC Stock to Flow model, if the Pi Cycle Top indicator appears too early than S2F model predicts... then buy when price has 50% correction and sell when Pi Cycle Top reappears...
Simple... wish you success in yours investments...
Bitcoin at Year Lows as Crypto Market DUMPS!! 🤯📉The crypto market was absolutely annihilated last night as the APAC session sold off hard in reaction to the CPI print on Friday as well as their view of the Fed's reaction to it. Bitcoin smashed through the lower bound of our range at $27.9K. We had been holding this range for one month. We warned that Bitcoin holding a range for that long with such little buying interest was a likely sign we would dip further. However, we have smashed through our low from May 12th at $25.1K, finally finding support at $23.8K. If support fails here, the next level of support is at $20K, which is only $1000 from $19K, which we anticipate to be the low. Dedicated readers will remember us calling out this level back in January. We don't seem to see much buying interest but if there is a pivot, $25.1K should provide resistance.
KSM Long HOLD - HopiumI bull case for Long term KSM.
Good support between $100-$120. Good area to accumulate and hodl.
If it breaks down, next best buy zone is $50-$70.
Bearish on short term.
Bullish on long term.
Bitcoin Hovers at $30KBitcoin has remained confined between $27.8K and $32.3K for just about the past month. Every rally seems to be swiftly batted down. Even within this range, volatility has consolidated immensely and we are hovering right about $30K, giving it up by a thread. The Kovach OBV is completely flat, however there was a selloff in stocks yesterday, and very thin trading in crypto, both of which are bearish signs. Expect support from $28.8K and $27.9K, then $25.1K should hold as an absolute floor for now in the worst case. Bitcoin is struggling to maintain $30K, and we must break through significant resistance around $31K and $32K before considering higher levels.
XTZ - Tezos. The Next BIG thing!? XTZ Tezos, the self-amending cryptographic ledger now has been backed by the biggest stable coin USDT.
This will help XTZ succeed further more. Tezos fundamentals are very strong as its already ahead of the POS competition.
"Tezos is also unique because of how it has started to be used by high-profile businesses. In September 2020, it was announced that the French banking giant Societe Generale planned to use this blockchain for experimenting with a central bank digital currency."
"Big cryptocurrency exchanges such as Binance and Coinbase have also unveiled support for Tezos staking, meaning users can receive rewards based on the XTZ that they hold. This is not a feature that’s seen too widely across digital assets."
"Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers."
If Tezos can bounce from this support and consolidate. It may be the next BIG thing long term.
My future price target is - 30.00 approx.
Bitcon Clings to $30KBitcoin is maintaining the range, after a brief attempt at $32K was quickly thwarted. We are holding $30K by a thread, but thin liquidity and low volume may suggest another foray into the $29K's or lower before we see any more buying interest. We anticipate the broad range between $27.9K and $32.3K to hold unless we catch a bit off a rally in stocks for example. Note the vacuum zone under $27.9K down to $25.1K, the low of the sell off on May 12th, which we expect to hold as a floor price for now.
CHRUSDT#CHRUSDT Technical Analysis
#CHR = -90% DUMP
IF hold #CHR 0.20 Support than we can see higher levels .
Otherwise Next Down Wave at 0.090
How Long Will Bitcoin Range??Bitcoin has been maintaining the range, bouncing back and forth between $28.8K and $32K or so. Bulls seem to get hopeful every time there is a small rally, but we have not seen any follow through for almost a month. The level $32.3K remains a hard upper bound, and our most recent rally fell short of even that. There is a red triangle on the KRI just below this level around $32.0K, and an immediate rejection followed. We are currently hovering at support at $30K or so, and if the range continues we are likely to test $28.8K or $27.9K again.
Bitcoin Rejects 'Bull Trap'The Bitcoin rally turned out to be a fakeout, as we stressed here in these reports. Hopefully, no reader got caught in the 'bull trap' as we've done our best to warn you. This range has continued and there is nothing to indicate a proper bull rally in crypto on the horizon. Until then its range trading, unless a serious bid comes through in stocks, perhaps. We've given up $30K again, immediately seeking comfort in the $29K's. We are hovering just above our level at $28.8K, with $27.9K sure to hold just below that if needed. The $30K's remain a barrier with $30.2K and $31K likely targets if we do catch a rally, with $32.3K a hard upper bound.
ETHUSD Ethereum short so far is working out perfectly. Should find $1400 support soon and may chop around there for quite some time - if not it'll break and sell.
