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Where is the future destination of Bitcoin !!?Where is the future destination of Bitcoin? As you can see, Bitcoin has formed a very beautiful and Correct pattern of Elliott, which ended with a diagonal triangle. Bitcoin is currently completing its correctional waves Bitcoin's next destination could be $ 60,000 to complete the W.B correction wave, and then drop to close to $ 43,000 to complete the C wave. After the completion of this correction, we will have the beginning of an upward trend again to achieve new prices I hope this analysis is useful for you Please share your comments and analysis by comment Follow us and like this analysis Thanks Hamid Mojarad Financial markets analyst and trader Advisor to reputable financial and investment companies
Long
by HamidMojarrad
4
BITCOIN TO SEE A CORRECTION! Bitcoin has been following the stock market price for price since late January of 2020 which is concerning since bitcoin should be treated as a currency and not a security; the stock market at all time highs followed by bitcoin at all time highs is not a coincidence. We can do our best to make price targets for bitcoin using technicals and fundamentals but at the end of the day; the stock market is going to control the bitcoin price. If the stock market dumps in 2021; you best believe 75,000 Bitcoin price target will be out of the window. Bitcoin currently has a-lot going for itself with Paypal and Tesla both getting into it however like I showed the volume, there is just not many people trading bitcoin currently which tells us 2 schools of thought; either most traders are holding or not many people are buying bitcoin. It is quite concerning since the volume is 1/3 to what we saw in 2017. You might ask "wouldn't the volume pick back up?"; yes, it could however volume being such low over a 810% move up isnt necessarily good, which leads me to think; Who is really moving the market?
BITSTAMP:BTCUSD
by UnknownUnicorn1256641
2
BITCOIN Support, Expected Breakout, Halving Price TargetBitcoin seems to be able to sustain price level and follow the support trend line that I described in my previous analysis If it works out then: 1. We should expect price breakout somewhere in January (crossing point of the red downtrend line and the main trend line) 2. Price movement after the breakout should be parallel to the previous one, therefore I expect the price to be around 20K at halving (May 2020) 3. After reaching the previous ATH (20K), price should pullback, market will enter correction phase, and prepare for the last Elliott Wave of this bull run If you like the idea you are welcome to share it Follow me for the updates Thanks
BITSTAMP:BTCUSDLong
by EternalSunshine
3
Gold on log scale. Next target is $1616 very fast.Have a look at the long term gold price on a log scale. Look at the last bull market from 2002 until 2011. Once again we are in a bull market. If it plays out like the last one we should see $1616 very soon -maybe in a month or two. This should be followed by an acceleration of the trend taking us through the all time high and on to $2200 by mid 2021. At that point there will be no stopping the future price ascent. The reason for the slow rise at the start is the gold miners. They want to show their shareholders that they are selling gold forward on every rally. At some point they will realise that this is something which will make them look foolish so they will stop selling. Then there will be nothing to stop gold's ascent. Near term target (2 months): $1616 Medium term Target (2 years): $2200
FOREXCOM:XAUUSDLong
by Clive_Thompson
BTC Targets & PlaysHere's what I'm seeing. I think the most likely case is a run to 9200 followed by a 1-2 month correction.. Or.. We correct sooner to the level of 6100 for a period of consolidation. Please share your thoughts. Thanks for stopping by, No_L DISCLAIMER: The information provided is not to be considered as a recommendation to buy certain assets or currencies and is provided solely as an educational and information resource -2.26% -0.13% to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the attached material will guarantee profits or ensures freedom from losses. I shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained or ideas that I've shared.
COINBASE:BTCUSDShort
by AdamNo_L
Disney 2019 Trading Range? The story around Disney seems to be particularly compelling to investors in 2019. It is not suffering the same kind of pull back we saw in FAANG stocks, becuase it trades at 15 times earnings and has interesting growth prospects. It has traded sideways, mostly, since jumping up to the $100 range in January of 2015. Bullish case : The coming streaming service generates 30 million subscribers inside of 3 years, Disney parks continuing to print money (now including Shanghai Resort Park), Marvel & Star Wars continue to print money, Margins don't decrease too fast on TV business Bear Case : Streaming Service can't get users from Netflix, Recession hits park businesses, Margins on TV business deteriorate, Larger tech stock bubble brings down good with the bad. A trading range of $102-$130 seems possible.
NYSE:DIS
by MichaelJones7
2