Bitcoin will make unprecedented step🚀💣 Hello, dear friends! Looking at the charts over and over again, I wanna see something new in them.
Let's take a look at the weekly log chart of Bitcoin today and try to discuss it!
On the left side you can see an ascending channel in light green color, in which the price has been moving for more than 7 years (from 2011 to 2018), but at the end of 2018, the price left the channel. Then there was an attempt to return, re-testing that resistance, but it was unsuccessfully and the price dropped lower.
In order to understand the subsequent trend, that the price was forming, I drew dynamic support and resistance lines, connecting the upper and lower boundaries with lines - I got a descending channel - it's light red on the chart.
How long will the price stay in the descending channel?
The dotted black line is a strong support line - its strength can be understood by counting the number of price touches (marked with red marks).
Looking at the big picture, it can be assumed, that the price of 6-7-10 thousand for Bitcoin by the end of the year is so real.
But whether strong support holds and where the price will go next - that will be a very interesting and unprecedented step in the history of BTC!
What are your thoughts looking on my chart? Let's discuss )
Thanks for attention!
I would be grateful if you support my post with a <> and comment, send a link to Your friend so more people can see my work.
If I see an interest in my work, I'll try to make charts more often!
Your Rocket Bomb🚀💣
Rocketbombbitcoin
Bitcoin by Rocket Bomb🚀💣 21/06Hi, friends!
In my opinion, the recent movement in the price of Bitcoin looks like an unloading!
Activity has fallen sharply and doubt reigns in the market!
What can we expect in the near future?
Protracted lateral movement in the range of 18-23 thousand, by the end of summer or the beginning of autumn we will see a rollback - possibly up to 30+!
What should investors do now?
For investors and traders, advice regarding the current portfolio and how to choose new coins will be very restrained, because now is the most risky time to invest in a falling market in those coins, that will not be able to recover.
Refrain from long-term purchases, the market will provide you with many discounts this year!
Now is a great time to study the market! Don't force yourself!
Try to understand the market!It will give You more opportunities in the future!
Always Sincerely Yours Rocket Bomb 🚀💣
My last Post👇 Click <> as You like 🤣
Bitcoin up to the end of this year by Rocket Bomb🚀💣 Hello, friends!
Many people ask me, how I see the movement of the price of Bitcoin before the end of this year.
I wanna show you the daily chart as I see it.
For better understanding, what future holds, let's look at the past.
Let's start with last autumn, when prices were at the peak. And let's see what happened next.
We can clearly see how the market was "unloaded", forming downward channels, and on a rollback, we observe how a new channel is being formed. That's how it always happens. To verify this, you can look at the older history of Bitcoin.
From November to January 2021/2022, we see a price drop of 53%, then a 40% rollback, followed by the formation of a channel (the formation time is one and a half months). Then again, investors are actively selling bitcoin and we are seeing a sharp drop in price by 63% (from March to June 2022).
And here it will be interesting to observe the further fate, because we can't fall without a rollback, but the end of the bear market will not emerge yet.
I think, that in the next month we'll see a possible rollback even up to 30 thousand and a little higher, and then again falling to even lower levels (16, 11 and 4 are POSSIBLE!!!!!!)
This chart is an expression of my thoughts at the moment and does not pretend to be true, the market is so changeable, I will publish my thoughts over time)
Thank you all for your attention!
Write your thoughts in the comments, it's very interesting to read!
Have a nice day, everyone
Stay with me, subscribe, for not get lost. I will be glad to see your activity by clicking 👍 like button and writing comments!♥️
Always Sincerely Yours Rocket Bomb 🚀💣
Bitcoin by Rocket Bomb🚀💣 7/04Hello! How are You? Are You ready to talk about Bitcoin?
Today there will be no politics, no military review and no prediction of the fate of Bitcoin.
I was just laying on the couch and trying to draw and pretending to be a technical artist or a technical analysis artist.
First, I connected the top price points of Bitcoin, then the lower ones - that's formed an ascending channel. That way we can see the level of support and resistance.
Then it became interesting to me, how many days we have already been in this channel, it turned out - 475 days is more than a year and a half since the channel was formed.
We can notice how clearly we are moving inside it - with blue circles I marked the points of contact between the bottom and the top of the channel.
Also on the chart, you can see, that the time, that price passing from the bottom - to top - is approximately the same and prices naturally increase.
It has been 43 days since the next price cycle and whether the channel will continue in the next months is a very interesting question, that I will be watching closely.
If we fall out of this channel we'll be in free fall - even down to 20k. Hope it wouldn't happen !
If you are interested in some details about the "channel in technical analysis", below is some theory:
Trading channels can be drawn on charts to help see uptrends and downtrends.
> Traders also use channels to identify potential buy and sell points, as well as set price targets and stop-loss points.
> Ascending channels angle up during uptrends and descending channels slope downward in downtrends.
> Other technical indicators, such as volume, can enhance the signals generated from trading channels.
> How long the channel has lasted will help determine the trend's underlying strength.
Buying or Shorting the Channel
Channels can sometimes provide buy and sell points and there are several rules for entering long or short positions:
- When the price hits the top of the channel, sell your existing long position and/or take a short position.
- When the price is in the middle of the channel, do nothing if you have no trades, or hold your current trades.
- When the price hits the bottom of the channel, cover your existing short position and/or take a long position.
There are two exceptions to these rules:
- If the price breaks through the top or bottom of the channel, then the channel is no longer intact. Do not initiate any more trades until a new channel develops.
- If the price drifts between the channels for a prolonged period of time, a new narrower channel may be established. At this point, enter or exit near the extremes of the narrower channel.
What do you think about it? Share Your view in the comments!
Thank you for attention
Always sincere with You
Rocket Bomb🚀💣
Today we live in the history book! Hello, dear friends!
Glad to see you and welcome on my page!
Almost 4 months of total horror! It's impossible find words to describe what range of feelings I experienced during this time: from animal fear to accepting flying projectiles over my head!
I disappeared not only from the public space, I disappeared for myself. Therefore, I apologize to those to whom I did not answer, who were so worried about me and my family!
Let's talk about Bitcoin and what's in store for it in the near future.
Bitcoin - the world's largest and most trusted cryptocurrency - hit its highest level in over a year and a half at less than $20,000 on Saturday. At one point, it traded for $18,000, down 59%. Only in the last 7 days has fallen 25%.
The fall of the market is caused maybe by the Celsius froze the assets of depositors and banned the transfer of cryptocurrencies between accounts.
An additional blow was the announcement by a number of cryptocurrency companies, such as Coinbase Global Inc, Gemini and Blockfi, that they were laying off thousands of employees as investors actively divest themselves of risky assets.
And the saddest thing for investors is that the situation does not promise to improve anytime soon.
Why now?
I think that it is not only about cryptocurrency, but also about the global situation in general. We are witnessing a global economic downturn caused by the long months of the pandemic, and now also by the war in Ukraine. Inflation is rising, interest rates are rising, living standards are falling all over the world.
As a result, large investors are no longer so freely dispose of their funds, and many ordinary investors have nothing to invest at all. And even if it were, who would want to take risks with such unpredictable assets as cryptocurrency, which is not protected in any way and is not regulated by financial authorities.
Two lesser-known cryptocurrencies - TerraUSD and Terra Luna - that collapsed in May also did not add confidence to the cryptocurrency market, and investors began to get rid of their cryptocurrency assets. In accordance with the domino effect, the faster the cryptocurrency sold, the more it lost in value. This fully affected bitcoin, which, unlike traditional assets like real estate or an established business, is not backed by any material values.
However, there is a good news for Us. (ha-ha)
What do you think about it? Share Your view in the comments!
Thank you for attention
Always sincere with You
Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣 31/03Hello, friends! Thank You for Your interest in my charts, my thoughts, my well-being. No matter how painful it is, I already look at my image in the mirror without tears - without hysteria, that everything I worked on for more than 12 years - was taken from me by the war.
A war without meaning, monstrous, taking thousands of lives, taking away the prospects of millions of Ukrainians and leaving only scars on the heart. We will live on, fight and win. Because we are on our own land, the truth is with us, and good always triumphs over evil.
Thanks to all countries, that support us! You are true friends! Thanks a lot!
Let's get back to the crypto market, namely, we will analyze the movement of the Bitcoin price in a little more detail on 2 hourly chart.
In my opinion, I noted the key points on the chart, namely, what events preceded the trend change, when exactly the growth began, at what point the trend reversed, how a new uptrend is formed, and much more. Consider carefully the chart, for a clearer picture, I publish a link to it below.
I expect growth to 49-50k in the coming days. This can happen from the current levels, OR with the price dropping to 45k, gaining momentum there and a little delay, then rising to 49-50k.
Do you agree that trading is the hardest way to make easy money!? Let's discuss this. I'd love to read your thoughts in the comments!
Stay with me, subscribe, for not get lost. I will be glad to see your activity by clicking << like>> button and writing comments!
Always Sincerely Yours Rocket Bomb 🚀💣
Below I will leave more links to my previous analyzes.
Bitcoin by Rocket Bomb🚀💣 04/04 Hello, my dear friends!
Many of You have been waiting for my update on the movement of the price of Bitcoin.
So far I don't see a drastic change in such a movement. On the chart, I drew a possible price movement in the near future.
The main thing I can say is, that the price may test 45k again (maybe a little lower), then I expect the price to rise, as before, to 48-49k.
About how I feel? What's going on around?
Last two days , the country has been mourning... after the retreat of Russian troops from the Kiev region, they left behind more than 300 dead civilians (women, children) who were brutally abused. It's only a 15 minute drive from where I've lived for the last 2 years. It's simply unbelievable that's happening in the 21st century. I want to wake up, but that's not a dream.
If you have strong nerves, you can check out my Twitter for more details.
I was born to a russian-speaking family in western Ukraine, which has always been considered the most Ukrainianized. I have been fluent in russian all my life, but now I feel ashamed of it. I hate everything, that can remind me of russia, I hate myself, that for so many years knowing my national language, I used russian!
I ask God and the whole world, stop this madness! It should not be...
Bitcoin by Rocket Bomb🚀💣Hello, dear friends! How are you doing? I hope everything is fine and you are interested to know my vision on the movement of the price of Bitcoin in the near future.😊
Let's take a look at the 4 hour chart and try to make some conclusions 🔮
Now the price is on the verge of breaking the support line - the blue zone. If it can fix there, we can expect a rise to 50k within a week (maybe two), if the price drops below 37k, to re-test 33k, the growth to 50 will be delayed and many resistances will be on the way.
Today, we will know more details IMHO.
Stay with me, subscribe, for not get lost. I will be glad to see your activity by clicking 👍 like button and writing comments!♥️
Always Sincerely Yours Rocket Bomb 🚀💣
Greed is the enemy of the traderHello, dear friends! Thank you so much for your support, thank you for not forgetting and being interested in my life (read - survival)!
I think you understand, why emoticons and memes disappeared from my charts and descriptions. The brightness of the colors disappeared and what was important before February 24 completely lost its meaning.
I want to scream in pain and ask for help every day, but it looks like the cry of a mute! For 33 days - the war touched every Ukrainian, and it's impossible to believe in the 21st century!
And on that eerie note, I wanna move on the Bitcoin market. In my last post, I made a chart in which I showed that exactly when the first bombs were dropped, the Bitcoin market began to actively grow and this growth continues.
You can watch again!
Remember, COVID-19, while everyone was in a panic, the markets were growing by leaps and bounds! While millions of Ukrainians are fighting for their freedom, someone is greedily buying Bitcoin.
What will be next?
Since we already see that many resistances and downtrends are broken up, the price continues to move in the channel and attacks towards its middle. I expect the price to rise to the next very strong resistance to 49-50k. Further it will be more interesting, just keep in mind that the market is dominated by greed!
Don't fall into the trap!
If you haven't seen my previous post, here it is.
Thanks for attention!
I would be grateful if you support my post with a <> and comment, send a link to Your friend so more people can see my work.
If I see an interest in my work, I'll try to make charts more often!
God save Ukraine🇺🇦
Your Rocket Bomb
Bitcoin by Rocket Bomb🚀💣Hello, dear friends! Looong 3 months I didn't make any publications here!
During these 3 months I have lived another small life! Every day I dreamed of opening my eyes and thinking it was a dream...But this post is not about negative.
I just want to distract myself and not think about what is happening in my country now.
In 2020, when Coronovirus took over the whole world, I started posting my thoughts here and it changed my life, You helped me a lot!♥️ I hope, that you will support me 🙏
At the end of last month, Bitcoin tested strong support 33k - that's a dynamic support, in my opinion, holds the entire 2020-2021 bull run!
To fall below this support is to fall to 10k over the next years.
Perhaps, now I'm in a situation, where it's difficult to talk about fundamental analysis, all over my country are shouting from all angles about the offensive of the troops and the launch of a full-scale war, and this should entail the falling of all markets!
Although that's a strongest moral pressure, but I believe, that it's a "trap".
We expect Bitcoin at 50 -53k, and we'll see further!
Pray for Ukraine 🙏
Thank you for staying with me🙏
I love You♥️
Always Yours Rocket Bomb🚀💣
Let's make some noice by Rocket Bomb 🚀Hello, dear friends! Happy to see you 😍
Today post for everyone can think and draw conclusions for themselves! 😉
As usual - write your findings in the comments, what did you see? I'm happy to read and share my thoughts with You!
❗️Consider time frame for entering and exiting channels, see the cycle time.❗️ Looking at the chart, the cycle is 4 years - that's time from entering the channel to exiting it.
🔥But note, that formation of a NEW channel occurs a year before the end of the cycle.
Let's make some noice 🤣
Always Sincerely Yours Rocket Bomb🚀💣
Bitcoin 2020-2022 by Rocket Bomb 🚀💣Hello, friends!🙂 Today I wanna share with You more informative chart (rather than predictive 🔮), I'll not draw an arrow with the price movement direction.
Pay attention to the price movement of the ascending channel🔥
I would like to hear your opinion. Where will the market go from the zone of uncertainty? From an orange diamond? 😉
Share your vision in the comments!😘
I missed you very much, that's why I make charts with special enthusiasm, I'll try to publish another educational post today, so I'll be glad to see your support by clicking like button😍
Always Sincerely Yours Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣 23/11
Hello, friends!One more BTC update during this correction😉
Do you recognize yourself in the picture? 🤣
And speaking on point, then briefly:
💥The up trend in play!
💥At the moment, the correction is less than 25 %, which is absolutely normal on crypto market.
💥Do you know what is the most important indicator for me? It's a Silence🤣
That's when you see news all around - <>! <>, and so on blah blah blah🤪 (especially after the looooong green candlestick) - it's time to take profits!
In the meantime, there is no excitement, I'm calm😉
If you have any questions, I will wait for you in the comments!💋
Thank you for staying with me!🙏
Sincerely, Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣19/11Hello, friends!Everyone can't get rich!
Between the words Manipulation and the Crypto market, you can put the sign =
It has always been and always would be!
The worst mistakes a trader makes on panic!
When around you actively hear "That's the end", be calm, it is definitely not so !!
Stay calm and just wait! Everything will be fine!
If you have any questions, I will wait for you in the comments!💋
Thank you for staying with me!🙏
Sincerely, Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣 16/11
Hello, dear friends!♥️
Now is an exciting time on the market! Many traders expect a sharp decline in prices and the end of the bull market.
Nobody can rule it out, but I will show what I see on the chart!
If you have any questions, I will wait for you in the comments!💋
Thank you for staying with me!🙏
Sincerely, Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣 19/10Hello, dear friends!😊
All of you have probably heard that laughter prolongs life , but s tress has negative effect on the quality of our life !
And somehow an idea came (into my head) to add memes on my charts, to reduce some stress from trading and prolong your life♥️
While looking for memes, I laugh so much, that it seems I will live forever🤣
It's so vital, so positive, in many ways it's unite all of us: everyone can recognize themselves in it!🤣
Good day to everyone and let's take a look at Bitcoin hourly chart!🧐
On the chart, we can see where the falling wedge ends and the ascending channel begins, and a double bottom were formed at the junction.
At the moment, the price is actively moving in an upward channel using impulse waves. Uptrend is dominated, which confirms the bullish sentiment in the market!
The first profits can be fixed at All Time High and higher (you can find it on the chart). Shakeouts are possible, which can be regarded as an additional opportunity to buy at a low price !
Everything will be fine!🥰
I'm always glad to see you in my comments for discussion😊
Thank you for your attention❤️
Stay in touch🤗
Always sincerely with you 😊
Your Rocket Bomb🚀💣 ️
Bitcoin by Rocket Bomb🚀💣24/10 Good day, Guys! ♥️
The views on the market are divided! 🤷🏽♀️I understand, that many traders may disagree with me and wait for the bear market!
But I am more confident than ever! A hot winter awaits us🤫
But You need remember!!!🙏
📌Everybody can't get rich too fast!
📌A lot of manipulations and news noise ahead!
📌You need calmness and analyze the market situation!
📌Also forget greed. Everything will be cool!Moon is coming🤫
My previous analysis - click <> to see next movement👇
Always remember the risks!
Thanks for attention🙏
If you liked my chart, don't forget to click LIKE, it's not difficult for You, but I'm pleased ♥ ️
Also subscribe for not get lost😉
Always sincere with You♥️
Your Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣 8/11
Hello, dear friends !!!♥️
Do you know?😱 Those who communicate with me, know that I had more than 40 different shitcoins recently!🤣🤣
I'm tired of them growing by 5 - 10 percent, but falling by 70🤣🤣🤣
I flame out (maybe these are the consequences of the coronavirus), but I sold all of them into Bitcoin!🤪
It didn't affect my beloved Litecoin, Ethereum and etc! I believe, that Bitcoin will greatly cheer us up so soon!
On the chart I tried to explain what I see, I hope everything will be clear to you! And if you still have questions, I'm always glad to talk to you in the comments♥️
My lovely, friends, stay safe and be cool🧡
Thank you for staying with me💋
Always Sincerely With You 😍
Your Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣3/11Hello, guys!
I 'm so pleased, that many of you are worried about my health!♥️ It's so important for me now!
Many people recommended doctors, some consulted me online!
While you are sick with Coronavirus, support and the feeling, that you are not alone is very important!🙏
Thank you very much, I really appreciate it 😍
I'm not okay jet ! Heavy breathing and panic attacks appeared yesterday!😱 I ran around the apartment and thought I was dying!😞
It's a little easier for me today, but it's still hard to breathe!☹️
But I have an update for You! ♥ ️
Yesterday we broke the downtrend line! Now the price is re-testing it! And it can rise so sharply after that!🔥
POSSIBLE stop loss hunting !!! Be careful with it💥
We expect 70 K - calmly and confidently - that's the level for the first unloading 🤟
My lovely, friends, stay safe and be cool🧡
Thank you for staying with me💋
Always Sincerely With You 😍
Your Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣 1/11 Hello, friends! Hope you're doing well!🙏
I have Coronovirus again.😱 And if at first everything looked like a slight indisposition, then the last days I have even not strength to type words on the keyboard!😕
Be careful and follow all safety precautions! 🙏
The market is a little stuck before a sharp upward jump, this usually happens in the re-accumulation zone! The price seems to be gaining momentum!🚀
Thank you for staying with me💋
Always Sincerely With You 😍
Your Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣 28/10Hello, friends!♥️Hope You are fine✋🏻
Welcome on my new Bitcoin analysis!Hit like 👍 and let's take a look on the next move🧐
Looks like Bitcoin forming a bullish pennant🧐
The principle of bullish pennant trading - a breakout of the control point . As soon as a breakout has occurred, you can immediately post the target. The target of bull pennant will be the height of the pole. Next (mid-term) target will be 70k👍
How Your trading's going?
Have a great time😘
Your Rocket Bomb🚀💣
How to avoid stress of correction? Rocket Bomb 🚀💣Hello, friends!
The cryptocurrency market is correcting again. For many new traders, this time brings a lot of pain and suffering, because if you didn't manage to fix the profit, money on your account becomes less, the stress state is gaining momentum. And because of that many unnecessary panic actions occur.
Since I communicate a lot with beginners, I can say that every correction (even the smallest one) is a huge lump of negativity that rolls over and becomes overgrown with the fear of continuing the trading path.
That's ok, because it is impossible to calmly watch how money becomes less!
Precisely because I went through all this myself, the whole painful path, I understand this and accept it.
How to avoid stress of correction?
🔴DON'T risk huge amounts of money for hope, that you'll be rich tomorrow.
🔴DON'T throw responsibility for your actions on another person.
🔵ACCEPT your mistakes, analyze them and you will not make them again!
🔵LEARN, learn and only learn: on your mistakes, read TA literature, trader psychology (you should know what feelings traders experience in the market - you're not the first, you're not the last, everyone went through this)!
My lovely, friends, stay safe and be cool🧡
Thank you for staying with me💋
Always Sincerely With You 😍
Your Rocket Bomb🚀💣
BTC by Rocket Bomb 🚀💣 14/10Hello, friends!😍
Hope You are doing fine😊
Welcome on my new Bitcoin analysis!Hit like 👍 and let's take a look on the next move🧐
Let's take a look at the hourly chart of Bitcoin. Now the price is in the accending channel / wedge, where we can see the bottom or the beginning of the entry into the pattern, which will help us to apply the wave theory correctly.
Most likely we are inside the 4th wave now.
For a more detailed understanding of <>, you can read the material below!
Elliott Wave Theory reliably predicts market movement. Several empirical studies and investors have discovered that it's an accurate tool for a profitable trading strategy. However, you must have an in-depth understanding of the patterns, label the waves correctly, and make the right decisions.
Some Education material about Elliot Waves👇Click here👇
If you wanna see, how Elliot Waves are applied in practice, You are welcome 👇
BTW, How do you deal with feeling sad?
Look at the picture and choose an option🤣
And have a great time😘
Your Rocket Bomb🚀💣