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BTC to 40k within 3 weeks?Ok so I hate doing long term predictions but I've taken a leaf out of a fellow traders book and I'm going to put one out there also! Predicting this run will continue to around 40k. I think we'll get there, possibly just shy of it, but close enough. And I'm even going to put a date on it - we will get there before Jan 16th. Then we'll have a big sell off of around 40%, bringing price back to around $21,800-$24,500 before the next leg up. Trend based FIb extension and time to arrive at this decision. Got a prediction? Post it below! Let's see who gets the closest!
COINBASE:BTCUSDLong
by TradeTravelChill
2
What's Bitcoin going to do?We all know $20,000 is a big resistance level for BTC. Looking at this 1H chart, there's decent support below it for now to keep pushing that level. If this bullish energy continues we might even see some new ATH before the year is over. And hey, maybe kids will be asking their parents for Bitcoin for Christmas! I'll be watching this chart and these Raygun levels to keep an eye on how the market is moving and what the energy looks like. For now, I'm in.
BITMEX:BTCUSD.PLong
by marketscripters
2
BTC's Path To 100k... Follow Me Bitcoin! I'll Take You There.Welcome everyone, My name is Schyler with NewWave Traders. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. In this chart I pose a valid count that could take us to 100k, however, there are certain things that need to happen and invalidations that can't be broke. There is only so much time for this to develop before the symmetry of the waves gets distroyed, the 2 biggest things I'll be expecting from this count is a necessary extended wave, either (and most likely) expected in the 3rd macro wave with an extended 5th wave to give us a strong, well defined 3rd wave. The origination of this move had a slow and very corrective looking climb to it, with an extremely shallow wave 2 that can still give an argument to a bearish outlook, however we'll stick with the trend while until it ends. Due to rule of alteration, and the expectation of an extended 5th wave, we can expect the 4th macro wave to have a steep and fast retracement. The retracement of the "soon to be" 4th wave from this outlook will be the determining invalidation of it at about 12.5k. With an ideal 4th wave retracement taking us to about 14.5k/16k before a projected blast off in an extended 5th wave, which would target roughly 59k/60k. After that a 4th wave brings us down to maybe 40k, and then we do another 100% 5th wave, typical of the 2017 bull run after 25-30% pullbacks which then takes us to 100k ISH. What are your thoughts of Bitcoin reaching 100k? Do you think this is still a corrective move or have we started the ultimate bull run to mimic good ole 2017 days? Let me know in the comments below and don't forget to follow so you can learn how to create a full time income and live life on your terms. To Your Success Schyler NewWave Traders
KRAKEN:BTCUSDLong
by NewWave_Traders
8
Confirmed: Bitcoin's Bulls are jump the price upHello, in this updated, Bitcoin show a change of momentum to then go to up, bears are weakness!! Also, to discuss of one of my followers lets me explain that first and everyone that have doubts: ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Yesterday it's was the bearish rising wedge and the break down was succed has I predict it, but remember that below of it We are in the key support and obviously I say you that if Bitcoin doesn't break down the support key and started to drop, we can't yet to see a bearish movement and other point to take noticed in the technical analhysis is the support and resistance keys points that was in the past, and if you see, we are in H1 timeframe in the bullish rising wedge that was formed on the morning. The most counsel for you is always look in each timeframe if there are any updated required to make and apply it, because if you do not apply it, you can't see the hide what institutionals or manipulator make, becuase that zone is manipulated and now, Bitcoin is leading to up go back to the $11,000 USD to make a pull back. Look below: As we was in the Shoulder Head Shoulder, the next point to analyze it as take profit is the $11,100 USD to find up our earns. Also looking this trend line support, is the important point to take in noticed that the trend is veridic and not fake to still it. I hope that I resolver your doubts, my trader's apprentice, the most counsel that I get it is always updated all technical analysis depend in your timeframe, example, each day I analyze my technical analsyis + read specualte news to see if there will be any contrary movement or formation of any chartist pattern in formation. My strategy is based in zones, armonic pattern, general technical analysis and fundamentals (For Forex only and commodities). And my analyze is modern and classic to people, community and traders undertood and get ideas of my analysis. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- So guys, in conclusion, we see that Bitcoin is leading to the $11,100 USD go back on this price. because bulls are defend the $10198 USD as support zone in Daily!!! Don't miss that RSI indicator in H4 and H1 timeframe show a bullish divergence!!!
COINBASE:BTCUSDLong
by harisonhbn9718
That Blue Line!that blue line is the line that connects two important highs, the 20k and 14k. we had a rally from 3.8k to 10k then we are consolidating in an ascending channel it feels like 2019. when every correction in that time was a consolidation in an ascending manner actually volume is declining since we met 10k. as i showed you on the chart above the yellow circle is the the end of an impulsive wave and now we are at a correction phase. we don't see volume and it's declining and market is lowering it's fluctuations. my suggest is to long this market and here is a edge to start: open a long position : size : 50% of equity EP = 9440 (now) SL = 8800 TP = 10500
Long
by farzinsabbagh
Virus is spreading, markets are crashing, long Bitcoin!Long term bitcoin outlook Many much smarter people than me believe that as banks intensify their quantitative easing and rates go to 0, bitcoins case as a new new international monetary system stands stronger than ever. With futures going in backwardation and derivatives funding rewards longs, we could see bitcoin reaccumulate and bounce strongly towards a brighter future. Personally I'll be buying spot in levels bellow 5k and start leveraged longs after clear longer term bullish starts forming. Bitcoin reclaiming any previously lost support would be a signal for additional risk managed longs.
BITSTAMP:BTCUSDLong
by GodjoBTC
BTC - Buy Zone Getting Smaller - Get It While You CanBTC showing several bullish signals going into the turn - up into halving. Cross of 10WeekMA will confirm bullish trend upwards to retest previous highs $11K+. Buy zone is getting smaller which is a good sign. Bullish RSI Divergence and next trend showing bullish confirm we are in a turn. Capitulation dots show we are towards the end of the downtrend - almost at bottom. I think based on the pattern, previous repetitive chart history, halving, and stock to flow - WE GO UP. PlanB - 12/3/2019 "Getting some questions about why in previous halvings (November 2012 and July 2016) it took well over a year for the market to start surging.. Well, it didn't .. look for yourself: in the chart the halving is when blue turns to red: the market immediately rises after a halving" See chart in link twitter.com Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY. Short SPY , AAPL, ROKU
BITSTAMP:BTCUSDLong
by MoneyPatterns
5
Great buying opportunity approaching on Bitcoin (BTCUSD)Bitcoin made a huge drop today but is it time to panic yet? The Crypto Fear & Greed Index is showing there is extreme fear in the market, which is typically a good time for the smart money to look for a buying opportunity. Looking at the charts we can see a several areas of support converging on the $6,700 range: 1.) The price has already touched and bounced off the bottom of the downward channel, which has yet to be broken during this downtrend. 2.) On the weekly chart, there is structural support ranging from $6.1k to $6.7k. The 0.786 fib retracement from the ATH down to the 3k bottom is also right around $6,700 (another popular buying area for smart money) Additionally, the volume profile tool shows a high level of trading activity at this range. 3.) On the monthly chart, there is a diagonal support line stretching from late 2015 to present time, and the last time price reached this line, the huge bull run of early 2019 followed. 4.) From a fundamental standpoint, this zone is also the Miners bottom range as highlighted by trader filbfilb, who perfectly called the last miner’s bottom around the 3k range. See here: 5.) Let's also not forget about the bitcoin halving bubbles, with the next one approaching in May 2020 I feel very confident with this idea playing out and I am scaling in my buy orders into this price range. I am not expecting this to play out quickly, and it would actually be better to see a period of consolidation in this range before moving up rather than the fast spike up we just saw last month. I hope this idea was useful for you, if so please give it a like and follow to see how this plays out over the next few months. Thanks!
BITSTAMP:BTCUSDLong
by tommyf1001
10