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Megabull

Bitcoin May 2016 Daily Bollinger Head Fake vs 2019Hello All! Please hit that Like button and follow us to show support and keep receiving updates when charts are released. This chart is a follow up on the idea that was discussed on twitter with John Bollinger himself regarding the May 2016 1D Bollinger head fake that occurred then versus the currently similar action on Bitcoin. As you see on the comparison chart, both the 2016 move and 2019 move are ultimately very very similar. The 2019 top at $10,000-13,880 actually shares similar action before we broke down in a similar manner to 2016 and finding support at the lower Weekly support at $7,800-7,700. Currently the Daily Head Fake move is not confirmed on Bitcoin until the consolidation/sideways ends (could take weeks) and we start to move up then: 1. First we would need to cross back up above the 1D midband at $8,220 2. Then Bitcoin must break out past the top orange resistance at $9,000-9,350 Once the bull run happens, we would most likely see $16,000 as the top. Consider this idea VOID/FAILED if Bitcoin makes a lower low below the Weekly support at $7,700 If you appreciate the idea feel free to follow us here and on twitter and join our telegram channel.
BITSTAMP:BTCUSDLong
by BitcoinGuru
11
Bitcoin Breaks Out September 22-23 starting an Early MegabullHello All! Please hit that Like button and follow us to show support and keep receiving updates when charts are released. This chart is mainly for all my followers who saw my call last night on the Bitcoin 1D Bollinger band Head Fake that played out nicely. Please read on! Well well few hours later and voila we got a full bart up to $10,380 back in the middle of the 1D Bollinger Band squeeze and that gentlemen is a head fake. If you look at the volume you see a nice green bar which was the highest we have seen since early September! That green volume bar confirms that this is a legit head fake. We just need that last part of the confirmation that comes next week with a break out past the top of the symmetrical triangle at $10,450-10,550 give and take / Bitstamp. This is where my old longterm blue fractal comes in! So what happens now???? well I am finally sharing with you the last part of my old fractal we have been following closely in the group. As I told you yesterday we have a 3rd wave which we just started after hitting that top I called few days ago to be hit at $10,380-10,480. Today Bitstamp hit precisely $10,380. From here we should see Bitcoin go for a last gradual sell off on this wave that could drop to $10,100-9,950 roughly until September 21-22 after which we break out past the top of the symmetrical triangle (confirms past $10,550) to $11,000 for the BAKKT launch. So why are we seeing such 3 waves with spikes followed by a decline? Well my theory is that the Market Mover uses the 3 Bitcoin waves to load up on ALTS 3 consecutive times and having them surge (which I called last week a short-term uptrend on ALTS and ETH and NOT ALTS Season yet). We still have a 3rd wave on ALTS to do I believe this weekend. Make sure you take full profit on ALTS to BTC by Sunday/Monday as after that Bitcoin may go for a last sell off so the Market Maker loads/scoops up cheap Bitcoin a last time before we get the real break out on September 21-22.
BITSTAMP:BTCUSDLong
by BitcoinGuru
17
Bitcoin incoming Long-term buy at the 1W Bollinger MidbandHello All! Please hit that Like button and follow us to show support and keep receiving updates when charts are released. This is the cleanest chart on tradingview at the moment using pure Technical Analysis, showing Bitcoin in a large yellow ascending triangle mid-term and the short-term Bitcoin being in an orange falling wedge. Several signs of confluence have appeared to us in the past weeks that converge towards the buy and support area of $9,250-9,000: 1. 1W Midband/Support or 21 WEMA Support 2. Bottom of orange falling wedge 3. Target of the small H&S (not represented on this chart for cleanness) 4. Double/triple bottom 5. Bottom of yellow ascending triangle 6. An old fractal that we are not sharing here (join our membership to get access) All signs are there for a buy/long opportunity at $9,250-9,000 around my custom cycle on August 26 (max August 31 Monthly close). Also notice that my custom cycle shows a potential Bitcoin uptrend developing starting September 16-17 going into the BAKKT launch on September 23rd. Let's be patient and catch it. Happy trading and best of luck!
BITSTAMP:BTCUSDLong
by BitcoinGuru
3
The Bitcoin Megabull starts Mid October 2019 Towards $200,000Hi everyone! Before we get started, take a second to hit the like and follow button to get updates on this chart! Basically we have been following this fractal on and off with the members and its looking very likely to play out now. So I am sharing it with you all in case the last devastating part of it completes in the next 24 hours with a steep drop to $8,700-7,600 or lower (that would margin call all late longers). There is a low probability that we see a wick that would touches $6,900-6,400 to form this large orange symmetrical triangle that ends in Mid October 2019 after which we can expect a break out towards $16,000-16,400 or even see the Megabull potentially start early. This would make perfect sense to play out after completing the current 3 Drive Pattern and the final parabolic move/blow off top to $13,880 that hit our Monthly forecasted top Bollinger Band at $13,400-14,400 (target that we published on twitter few days ago too - make sure to follow us there and follow the telegram channel). Bottom line, we are in need of a pull back and 3-4 months consolidation after rallying non stop since the $3,000s towards $13,880. A retrace closer to the 50% Fib at $8,500 well within our buying area at $8,700-7,600 would make perfect sense . The consolidation for 3-4 months in the large orange triangle would allow Ethereum to have it's bull run past $400-440 towards $690-740 and allow ALTCOINS to have their well needed bull runs from Mid-July towards end of September after which Bitcoin would take over once again and start rallying! Stop: Consider this chart VOID if by Saturday/Sunday (next 72 hours), Bitcoin remains strongly above $10,000 then we would be looking at another more bullish scenario.
BITSTAMP:BTCUSDLong
by BitcoinGuru
2
Litecoin Halving Last parabolic Leg to $183-190 Starting Hi all, please like the chart and follow us to show us appreciation for the work and to receive further updates on Litecoin throughout the last parabolic leg of the halving rally! Since the LTCBTC pair could not keep up with the constant surge of Bitcoin in the past few days and weeks, we had to switch to Litecoin LTCUSD for more accuracy and better forecast of the timing. As you may have noticed for several days in our telegram channel, I have pointed to the 12H tight Bollinger Bands squeezing slowly on Litecoin LTCUSD. Today the bands were ready and Litecoin is gradually breaking up to the upside for a big move to our final target of $183-190. A potential wick to $215 is still highly possible. Look t to sell fully at these levels and leave some Litecoin for cold storage! Note: Confirmation is still needed with a break out pat $145. However that should come easily within the next few hours!
BITFINEX:LTCUSDLong
by BitcoinGuru
2
The ETHBTC Megabull Pending the Activation of the IH&S PatternHi everyone! Before we get started, take a second to hit the like and follow button to put this idea on the top spotlight and keep getting updates. For those who have been following our updates and charts on Telegram, you remember that we've posted the same chart back in December 2018 pending the completion of the green IH&S. At this moment, the market seems to have completed enough consolidation to attempt another breakout to complete the last shoulder of the IH&S and activate it with a hit of 0.040. You can clearly notice looking at the chart that ETHBTC has a strong repeating IH&S bull reversal historical pattern (we are going for the 3rd now) within the log parallel bull channel , and once that we activate the IH&S we will very likely have a similar explosive Megabull on this pair (even ETHUSD ) towards the top of the channel around few potential targets depending on how Bitcoin pans out: 0.32-0.36 BTC 0.51-0.61 BTC - which is most likely the final target, target that we had since December The question is pretty much the timing hence why two fractals were included with the blue fractal topping on August 2019 and the delayed purple fractal with a top in May 2020 right around Bitcoin's halving. Feel free to discuss if you agree or disagree! Like this chart and follow us to get updates on this fractal analysis. Don't forget to share our idea with others while referencing our work.
Long
by BitcoinGuru
14
Ethereum Mirroring Bitcoin's 2011 Double BottomHi everyone! Before we get started, please hit the like button to put this idea on the top spotlight. For those who have been following our charts on Tradingview and Telegram, you know we have been offering a unique perspective on the market for quite some time. If you remember well, we were the first to point the double rising and falling wedges at the current levels on both Bitcoin and Ethereum (see link at the end of the post to related ideas that was posted a month ago for Ethereum). On this chart, you can clearly notice how we mirrored Bitcoin's Bear Market in 2011 by performing double rising (in blue) and falling (in orange) wedges on Ethereum above two support levels $180 and $102. If you look carefully at our log chart, you notice that the action through the Bear Market is roughly 85-90% similar. So what's the take away from this chart? Based on this fractal analysis, it is safe to say that: 1. Ethereum has very likely bottomed at $84-80 in this Bear Market 2. We are currently in a very long sideways range above $125 that started from February 22 until April 15 (maximum May 1st). We have delimited with a red vertical line on the chart on April 15 where most likely the shake out and double bottom will happen. 3. Sometime around April 15 to May 1, when the distribution has been completed at the $125-150 range, Ethereum will wash down in a strong shake out to $84-80. 4. That shake out will aim to get rid of all the inexperienced traders who bought near the resistance and put a proper bull reversal through a big double bottom at $84-80. 5. $84-80 is where you can look to fully buy back on Ethereum (you can mirror the buy on almost all ALTS - except the ones that have no future) 6. Meanwhile, until the sideways above $125 ends, ALTS will randomly start or seek to continue their bull run. Like this chart and follow us to get updates on this fractal analysis. It takes 1 second to show appreciation to the work put in and shared with you. Together, we can be a strong Crypto community. Don't forget to share our idea with others while referencing our work.
COINBASE:ETHUSDLong
by BitcoinGuru
11
VIABTC - Romano coding sell walls away!Reasons for a bullish outlook: 1. According to Wyckoff, VIA is going to test its all time high and maybe breaks it during Q1 or Q2 2018. 2. BTC is tumbling and gives Altcoins, like VIA, the opportunity to tank its value against BTC. Predictions: 1. Altcoin Market Makers will look for a high exit price against USD and will pump (some) Altcoins to insane prices. 2. Bitcoin dominance will make a new all time low. 3. Many Altcoins will make an all time high against BTC. 4. Romano is going to become a famous pornstar and abandons the VIA project ---> dump to 0 :(
VLong
by WhaleFund
Bitcoin: The CasheningFundamentals: Bitcoin -6.95% Core is dying a slow death as morons continue to debate the situation of fees and transaction times. The solution has been here for months and its called Bitcoin Cash 23.58% . All you have to do is compare two transfers on each chain and your logic will shift in a matter of minute. BTC $30 USD vs BCH $0.02 USD. Not only is Bitcoin Cash cheaper to send, but you will be able to send multiple transactions in the time it takes to send a single Bitcoin Core transaction. Over the last couple of days, it appears the masses are starting to take notice of these fatal flaws in the Bitcoin Core SegWit upgrade path. As a result the value held in Bitcoin is flowing to Bitcoin Cash. Technical Analsys: A complete Elliott impulse wave set has completed over the last month and we will now follow through with an ABC corrective wave. Expecting first bounce and H&S baseline to confirm , around $14,300 USD. Following the bounce - the next supports should fail and I will be looking to buy at around $11,000 depending on the Bitcoin Cash 23.58% situation at that point in time.
BITFINEX:BTCUSDShort
by CryptoStrategies
7
BITCOIN: Top buyers will be baptised with bloodSo we finally made it to 10k USD. Its been a long time in the making and I now see this as a time to be cashing out some profits while the masses enter the market at ludicrous highs. I have seen multiple reports of people selling their houses and maxing out credit cards in order to buy in right now, so unfortunately they are going to be destroyed. The Elliot Wave has completed it's 5th wave and now we are looking to head down with an ABC corrective wave. This would also form a big head and shoulders pattern that breaks down to the $4965-$4800 area - our next SOLID support zone. On the shorter time frames I've been watching a simple trend line that follows along 3 points so far. I'll be entering short when this breaks. Something else worth noting is the Shooting Star candle pattern which can be seen on the daily time-frame. The daily candle went well beyond the 10,177 target that I set as the top for the bull run, but it did pull back below it and close red. The shooting star is a bearish candle pattern and this further supports the prediction for a large correction now. pbs.twimg.com twitter.com
BITFINEX:BTCUSDShort
by CryptoStrategies
8
BITCOIN - Trade Setup for the next big moveBitcoin is consolidating between the long term logarithmic resistance and the lower support of what was previously a large rising wedge. On the smaller time frames we're in a pennant whose validity can be supported with declining volume. A strong breakout to either side with volume, presents the opportunity to open a margin trade. Break Up: I'd like to see this go beyond the 261.8% fib before saying we are heading to a 10k target in December of this year. Entering on the breakout of this pennant would give a great low position to hold in the long term, for those of you who don't day trade. The big Elliot wave pattern playing out on the long term is still looking good, and will complete at 10k if we break up. ABC correction will ensue and put us into a bear market that may only last a few weeks. Break Down: I can see a large H&S playing out and if we break down, it would complete the head of this formation. If the third shoulder of this formation completes, we will see retest the $4965 level and potentially even 4500. After this the megabull should resume.
BITFINEX:BTCUSD
by CryptoStrategies
The Bitcoin Megabull Nearing our $10,000 USD TargetMore than a year ago I published a chart on tradingview and forecasted that Bitcoin will have a Megabull that will hit past $10,000 USD (chart is below). Almost nobody at that time believed it could happen. I even got some hate mail calling my prediction a "joke" and some other hateful terms. However, fast forward to today and now we are few weeks or few months away from hitting that $10,000 milestone: What a time to be alive, really! Bitcoin is making history as the Megabull continues for a record of 8 months compared to the old 2012 and 2013 Megabulls that lasted between 3 to 4 months only! Bitcoin is going quickly through what we call the 5 phases of adoption which is contributing to the Bitcoin Megabull lasting as long as 8 months and counting: 1. Experimental - done 2. Early Adopters - in progress or done? (maybe whoever is buying under $10,000 is still an early adopter?) 3. Venture Capital - done (ICOs are replacing IPOs) 4. Wall Street - in progress 5. Consumer - in progress We are currently on uncharted territories here, and on the verge of going parabolic/euphoric. TA might not be much of help but I wanted to share with you all what we've been looking at in the Bitcoin Guru group for the past month. The published chart is a Bitcoin logarithmic chart with a bullish parallel channel. As seen in the chart, we hit our forecasted target at the top of the bull channel at $7350-7200. We speculated due to volatility that wicks could stab through as high as $7600, but the highest top that was hit was $7350 on both Bitfinex and Bitstamp. Here is what we're expecting next: Bull Parabolic Scenario - A: As of now I am still giving a higher chance of a parabolic/euphoric move to $10,000 and even much further which would top around the B2X Hard Fork on November 15-16. Currently this move would happen if we have a break out past the log bull channel top at $7400 on Bitstamp. Slightly Bearish Scenario - B: This scenario would entail a similar move to the last two moves we had after touching the top of the bullish parallel channel. If you look at the chart, you notice every time we got close to the top of the channel, we reversed the trend to bear through a H&S and also a rising wedge that broke down. So it would be wise to watch out for a similar move for the 3rd time which consists of a bearish reversal pattern such as a H&S or double top at the current levels around $7600-7400 and a highly volatile wash-down to $5500-5400, a bounce to $6100-5950 (to draw another H&S) then a final drop to retest the bottom of the channel at $ 4600-4200 (will confirm the exact bottom when more data is available to us). Then we'd reverse the trend through an IH&S and continue to $10,000 or beyond. ----------------------- If your new to cryptocurrencies or trading all together, join our 1-week trial to our Cryptocurrencies Live Trading Alerts. If your looking for courses and training, then register for our unique 1-on-1 Cryptocurrencies Trading Mentorship and Coaching Program -- PM me directly for more information. Check out my profile for my social media links and for out website where you can find more details about the memberships offered.
BITSTAMP:BTCUSDLong
by BitcoinGuru
33
Bitcoin: The road to 10k has two pathsFollowing on from the previous Bitcoin idea. The 5th wave took longer to rise than initially thought; but thats just fine. As I see it now, we are faced with two outcomes of which one will begin play out after further sideways consolidation. The price currently resides in a rising wedge formation, where the top logarithmic resistance level has been tested but not breached in a clean manner. Scenario 1: Consolidating below the log resistance allows an explosive push to breach 261.8 fib at 8189 USD. From that point onward, price moves to 361.8 fib above the 10k level and I take profit on my longs before this point in anticipation of an ABC 0.00% correction. ABC 0.00% correction, as a result of the Elliot Wave completing the 1, 2, 3, 4, 5 pattern, should send us as low as 5k. Absolute worst case scenario would see us reach the next major support level of 2983 USD. Scenario 2: Rising wedge breaking downward will bring us toward the previous BTC high of $4970 USD, which will now act as major support. A reversal pattern such as IH&S appears and we retrace back up to make new highs and hit our long term 10k target around New Years. ABC correction will still ensue after this point. If this outcome plays out, we may not even break the logarithmic resistance level which allows us to continue using it in the future. Trade accordingly. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- If you are looking to become an expert technical analyst, I am now offering 1 on 1 coaching and mentoring programs that will give you the tools and know-how you need to master the cryptocurrency markets. Message me on our social platforms to find out how to sign up. Follow us on Twitter and Facebook -0.48% for intra-day trading, more charts, and Cryptocurrency news! twitter.com www.facebook.com
BITFINEX:BTCUSDLong
by CryptoStrategies
Bitcoin: 10k October 10The 235 day cycle in Bitcoin corresponds with major highs in the overall price. Our current cycle completes on October 10, signalling the end of the megabull and the beginning of a bear trend (historically speaking). During past megabulls we always got parabolic shifts in price, something that hasn't really happened yet in the current bull market. I believe this parabolic move, fueled by FOMO, will be triggered if we break past the logarithmic resistance shown on this chart. This resistance has been tested on multiple occasions in 2017 and always resulted in a sell-off. Recently we hit the resistance exactly when the China FUD started; it was merely a ploy to shake out weak hands and allow smart money to scoop up BTC on the cheap. This prediction for 10k can also be supported by Elliot Wave Theory. Bitcoin's price structure currently follows the Elliot Wave sequence and fulfills the requirements which make it valid. - Elliott Wave (2) cannot retrace past the start of Elliott Wave (1) - Elliott Wave (3) cannot be the shortest wave in a completed 5 wave sequence - Elliott Wave (4) cannot retrace into Elliott Wave (1) Furthermore; Elliot Wave Theory dictates that following the completion of 5 waves, an (A, B, C) correction will take place before the new up-trend begins. This correction would complete over the duration of our next 235 day cycle. www.mtpredictor.com Refer to an idea I posted at STIA earlier this year, predicting 10k and covering 235 day cycle: Refer to Lowstrife's 235 day cycle idea for more info on that:
BITFINEX:BTCUSDLong
by CryptoStrategies
5
$4billion Bitcoin super-mega-ultra-turbo bullI know this chart is utterly preposterous. read on at your peril, and purely for your entertainment In This chart i'll be looking at a 10yr projection for bitcoin based on trend analysis and repeating patterns. I should probably go through some caveats first because i appreciate that such a high estimation for bitcoin value is frankly ridiculous, even if you are *the* most frothily rabid maximalist. so bear in mind: 1. I am not a good analyst or trader. i have profited by both luck and very simple trade sense. any chart i post will probably reflect this lack of knowledge/experience. constructive feedback is always welcomed. 2. the chart is logarithmic. the way i've used repeating bars has probably broken the scaling math somewhere, so maybe it *looks* kind of right, but it probably isn't 3. the chart goes off the edge of what TradingView will display, so the final target arrow is a bit guessy too. again, it *looks* right, but probably isn't that out of the way, let's get on with the frothing and pseudo-analysis: in the chart I've extended the assumed trend channel for bitcoin by adapting the pitchfork tool, which handily shows the upper and lower ranges for bitcoin bubbles, based on a rather excellent chart by a TV user who i won't embarrass by mentioning here, if they wish to self-identify in this er 'trading space' that's their lookout!). I've then taken that solid start, gone full retard, and assumed the pattern will repeat itself 3 more times, staying in channel, until it hit's what appears to be a target of $4billion. and that's the technical analysis. yeah, weak i know. there is no guarantee any pattern would repeat so exactly. if this is how you analyse charts, you should have a word with yourself. i know i am. now lets go through the fundamentals (once more with feeling...) bitcoin is designed to replace all the worlds M2 money supply. the 21million coin cap is intended to match the 21trillion in circulation and bank accounts. so 4 flippin' billion dollars for a single coin is impossible no? but what if there's more money by the time bitcoin gets there? money printing, despite being contrary to doctors orders, is still a thing, and will be for the foreseeable future. the trillionaires club in zimbabwe know how fast inflation can get out of control, and how far it can get. also cryptocurrencies themselves can exacerbate inflation when people will catch on to the obvious value proposition of going margin long on bitcoin (and thus simultaneously margin short on fiat) not on exchanges but with credit cards, cash and the internet. this wounds the fiat right in the value, increasing debasement of the currency and so leading to more money printing and inflation. should the market switch the other way, bitcoin does not suffer the same penalty because no inflation. it takes the price hit and volume flood like a good bank should and rolls on, storing up the pain to dish it back out to fiat after the correction. Governments have the option to cheat - to ban bitcoin - but bitcoin has inherited inclusive resilience from the www - you can only regulate the bits you can reach. and there are a lot of bits and bytes out of that reach conclusion ten years is a long time. we might all burn to a crisp in environmental or nuclear holocaust. Elon Musk might unlock the tesseract on nibiru and usher in the flying car utopia we were promised. realistically there is already a lot of stored pain for fiat lurking round the corner. bitcoin has a nearly a decade of proven reliability. at least this time someone thought to make a lifeboat everyone can use. at $4billion each, they're pretty comfy lifeboats, better get one now while they're still at that bargain discount price of just $4000 ;-) afterthought so i've set out my stall, come at me bro! tell me why we can't have $4000000000 bitcoin. especially i'd like to hear if i've gone wrong with this chart, as we're all here to learn. thanks for reading my ludicrously optimistic analysis
BITSTAMP:BTCUSD
by Satur9
12
Bitcoin Bullish Reversal with IH&S as Segwit Activations LoomUnfortunately, it seems that the Megabull ended prematurely thanks to a bunch of greedy companies and miners attempting to monopolize Bitcoin and sabotage Segwit: Roger Ver with Bitmain attempt to launch Bitcoin Unlimited through a Hard Fork but fail to get community support due to poor coding of BU, ASICBoost, Antbleed etc. We finished from BU thought we were done, then Barry Silbert whose building his empire on cryptocurrencies through legal and shady means (owns Digital Currency Group, Genesis Global Trading, a bitcoin OTC trading firm, and Grayscale Investments, took advantage of the Ethereum fork to make ETC from the chain split) and big crypto-dependent firms took it upon themselves to come up with Segwit2x variation through NYA Meeting without inviting Bitcoin Core devs (main Dev of Bitcoin since inception). These big players decided they would develop instead their own quick untested Segwit version through RSK developers (Bitmain invested in them and who knows who) and also Hard Fork a 2MB form as well few months later. The rest of the community was not consulted. BitcoinABC: Although Bitmain agreed to Segwit2x, somehow Jihan wants as well his own Bitcoin version through a Hard Fork which he would pre-mine for himself before releasing and it would increase the block size to a whopping 8MB. As you see we have multiple big corporations attempting a hostile takeover of open source cryptos. The worst part is that their Segwit code is poorly coded/buggy and it also contains hard-coded seeds that send network data to some of the corporations (data mining). All these corporations should be held liable in front of a court of law for attempting to destroy or manipulating the $80 Billion cryptocurrency ecosystem in their favor. Anyways, enough venting from my end and lets just to this simple analysis of the current bear trend in play: Based on this 235D cycle and the blue bear market fractal from 2013 (post-megabull bearish trend), Bitcoin could attempt to put a bottom earlier than expected at $1950-1850 and start a new megabull cycle immediately if Segwit Bitcoin Core (BIP 148) activation succeeds without a chain split through August 2017. The bullish reversal would complete through the plotted inverted head and shoulder (IH&S) on the chart. As depicted, we would start the new megabull around September 9 and reach the final All Time High at $13,370 - $10,000 at the 235D Cycle top on October 9. This is the best scenario and to be honest the chances of it occurring aren't pretty high due to the uncertainty lying ahead with potential chain splits and hard forks from different groups. Worse case scenario not depicted on this chart would be 1 year of bear market 2014 style Currently, were looking at a bottom as: 1. Support at $1950-1850 which is 50% Fibonacci retracement and Bitcoin is potentially testing this area as a final bottom. 2. The 1D RSI is oversold currently at 28 and we had some capitulation wick down to $1830 on Stamp and finex. 3. Notice we hit the 3D Bollinger bottom band as well at $2000-1975 roughly. Previous bear trends weren’t shy of dropping $100-200 under the bottom 3D Bollinger band with volatility before violently bouncing up with a short squeeze. Stoplosses: 1. If we do close a daily under $1800 then the entire trade setup would be VOID. 2. Also consider this entire chart VOID if the Bitcoin chain splits in two or more chains through August 2017. If we do split chains, then expect Bitcoin to crash down to $1240-1140 support eventually. If your new to crypto or trading all together, you would benefit by subscribing to my Bitcoin/Cryptocurrency Live Trading Alerts or my unique 1-on-1 Cryptocurrency/Bitcoin Mentorship and Coaching courses on my TA methods -- PM me directly for more information. Check out my profile for my social media links and the website as all the free trading material and information are located there.
BITSTAMP:BTCUSDLong
by BitcoinGuru
18
Bitcoin Megabull: Contracting Corrective WaveAfter making new ATH's and consolidating for over a month now, Bitcoin is finally settling. This has allowed the 4H 6H 12H 1D Bollinger Bands to tighten and as we near the end of the contracting triangle we can expect a big move. Placing your position when this pattern completes and breaks out is the safest course of action on non-conventional assets such as Bitcoin. If longing at point E, you're going to want to keep a tight stop loss in the event that the support fails and we break downward. Refer to related idea for our long term view of Bitcoin price growth.
BITFINEX:BTCUSDLong
by STIADAYSOFPAST
5
BITCOIN 10K ON OCTOBER 9Bitcoin has proven once again its highly repetitive nature. Whilst many people have called for the death of Bitcoin over the past few years, it has simply done what it always does and that is repeat. Many people have missed this by not looking at the bigger picture. Bitcoin has just played out over the past 3 years and is continuing to play out what happened during 2013 only on a larger time frame and has already begun the launch higher. Most importantly this coincides with the infamous Bitcoin 235 day cycle. This cycle was derived from the early days of bitcoin trading where each of the first four major tops from all time highs fell exactly 235 days apart. Since the bear market that began in 2014 the 235 day cycle could no longer coincide with new all time high tops but instead continued to top with bull runs that happened in the lead up and to this day has yet to be proven wrong. The next 235 day cycle tops on October 9. Expect chaos on the way up. Expect candles over $1000 from high to low. Expect inexperienced traders to be wiped out along the way. There is no safe entry price or safe stop loss only a target of $10k on October 9. Bookmark this chart.
BCHAIN:MKPRULong
by STIADAYSOFPAST
23
On the Verge of the Biggest 5 Months Bitcoin Megabull EVERHi all, this is BTCEliX!l If you have been following my updates on my Bitcoin Live Trading Alerts Subscription, Twitter or Tradingview you would have known that I warned that the Bitcoin Megabull cycle could potentially start earlier then we expected in July 2017. AND IT DID! All the exchanges Coinbase, Bitstamp, Bitfinex, BTC-E, Kraken made new all time highs again breaking past $1350. Coinbase is currently at $1423. This is just the beginning of one of the potentially biggest Bitcoin Megabull Cycle (or bubble) ever in history of Bitcoin that could progressively keep rallying through the next 5 months (May, June, July, August, September)! The reason is pretty simple, the fundamentals are that Bitcoin after the halving has been too cheap at current prices and has been kept as such low prices way longer than it should have thanks to a series of unfortunate events such as the: PBOC crackdown/regulations Bitcoin Unlimited scam by Roger Ver and Bitman/Jihan and John McAfee (ASICBoost, poor and unsecure coding) - please NEVER listen to them and always side with Bitcoin Core OR the majority of the community. A strong and UNITED Bitcoin community is what we should always side with. Were strong as ONE. Do not side with individuals which seek to divide and destroy what took 8 years to build from the ground up since Satoshi's inception) 51% miner attack Bitcoin ETF and the latest which puts a cherry on top of the cake was Bitmain or Jihan's ANTBLEED remote exploit on all the miners. Back to this simple analysis, it is very important to know that it is based on the old 235 Days Bitcoin Megabull Cycles which is a recurring pattern still active until proven NULL. Based on this cycle shown as a blue fractal on the chart, Bitcoin will reach the final "ATH" (All Time High) on October 9, 2017. Hence, prior to that date make sure you sell your Bitcoins and close your longs. Your stop loss at ANYTIME must be under the yellow dotted line which represents the longterm bull neckline. If this neckline breaks for any reason(bad news e.g.) during the bullrun take profit without any regrets. The Potential "ATH" Targets for the megabull are not presented on this chart as I recommend to just stay in Bitcoin until October 9 or until the neckline is broken with volume. The fractal stops earlier than October 9, the reason is because their has never been a megabull bitcoin bubble that lasted more than 3-4 months. This if it plays out, could be the first 5 months Bitcoin Megabull cycle to ever happen. The final "ATH" target on October 9 2017 depends on how steep (slope) the uptrend is** ** I will re-evaluate the chart close to September for the megabull and provide an update on a possible final target. If you'd like to subscribe to my Bitcoin or Cryptocurrency Live Trading Alerts or my unique 1-on-1 Cryptocurrency/Bitcoin Mentorship and Coaching courses on my TA methods PM me directly for more information. Check out my profile for my social media links and the website as all the free trading material and information are located there.
BITFINEX:BTCUSDLong
by BitcoinGuru
58