Bitcoin's Big Weekend July 10-12, 2020What If I said to you: "Bitcoin is going to $15k this weekend."?
Vsky
Bitcoin Bulls might be done until 2020$BTC had 14.5k yearly high. Good game. If you told yourself in January '19 that you'd see $15k this year, you're either a liar or you should have made some fat gainz. Good game. Lower lows and lower highs are becoming the norm again. SlapChop back to $8.8k then a bounce to retest $10k then hard fail, complete the daily SHS and back to 3k's by EOY.
We should get a couple historical sr flips on the way down, between 7.2k and 4.8k.
$QNT Bullish Summer$QNT continues its Bullish Summer. Bittrex volume has increased significantly over the last month.
A nice little potential Head & Shoulders (SHS) pullback is beginning to present itself on the higher timeframes above 4h. If price action continues to move down into the right neckline of said SHS, a rebound can be expected to rebound around the positive trend range zone of 72k satoshi's. We might see this range by July 10 if that is the case.
If you sold above 105k satoshi's, BRAVO! Catch your re-entry positions between 90k-72k satoshi's.
Likelihood of SHS right neckline formation is about 20%. 90k satoshi's is the key support level.
Just a little QNT outlookFor the QNT shills that I interact with daily, just wanna check out the price action and how it plays out over the next week.
Interesting intersection incoming around June 18th inside of the local pennant that Quant is currently in. They say QNT is a "bear market coin". Well lets see how it runs this throughout this idea
LTC April 2019 trend analysisLitecoin should continue to see steady growth to the $75-$100 range leading up to the next halving on August 6. A pullback to test the $56 support range is imminent leading into the last 2 weeks of tax season.
As long as BTC stays Steady Eddie, it should bounce right back into the $65-$70 range.
VSky price bot prediction for March 2019 part deuxTrend analysis for the rest of March 2019 - volume slowly increasing
***updated to current price projection***
VSky price bot prediction for March 2019Trend analysis for the rest of March 2019 - volume slowly increasing
A new VSky™ Bitcoin analysis for January-February 2019BTC failed its attempt to breakout beyond $4.2k twice, once during the last week of December 2018 and then again the first week of January 2019.
My new local short target range is $3375-$3400
We've currently pulled back to the midrange of the local bear flag we're in - (which started after the loss of support around $6400 around 12 November 2018)
I expect an attempt to test the local support trend line around 3375-3.4k this coming week and then fail there again, which will lead us to a new low around $2875, after Valentine's Day 2019.
*I believe the market will become stagnant with continued stair stepped downtrend movements to $2875, potentially thru April, with the government being shutdown, I'm interested to see how US traders (us legitimate traders who pay our taxes) approach the trade/tax deadline in April - everyone that applied for 2017 extension in April 2018, got rekt when the Oct 2018 deadline came around and they didn't have the money to pay their taxes. Interesting times, we're in
**this is an updated idea from an idea I published in June 2018
Bitcoin will test historical downtrend line soonBTC price seems to be sliding right into historical downtrend resistance with a sideways trickle with low volume. Not looking good for a breakout above first heavy resistance at $6500. More likely for a pullback to test $6200 and then another repeat sideways until we retest the historical resistance again, this time below $6300 in the middle of November.
** if BTC breaks out and settles above $6500 - next historical trend line is $7k
Bitcoin priming for a massive pullbackIt feels like the trade bots are really trying to complete this H&S (continuation). If Bitcoin loses support at $6k, a $5800 test will complete the H&S. If H&S is completed, we might expect the pullback to equal the height of the pump from $5800 to $8500 (+$2700). That's a $3500 target from current $6200 range.
I know, I know, "H&S doesn't happen at the bottom" you keep saying; but if we're not at the bottom, then that is logical fallacy. Until we are clearly out of range of it completing, then I'll continue to trade it like a H&S.
If a H&S pattern finishes where this trend says it shouldn't, then market manipulation is even more evident. Bye Bye any ETF talk for the rest of 2018.
Be prepared.
Can Cardano retest .08xxx If bitcoin retests $8k OR $6k - ? We should see a retest by the end of the first week of September.
Bitcoin monthly Bitcoin will follow the downtrend/falling wedge through November and have a December holiday pump with an attempt at 10k -
pure speculation
BTCUSDSHORTS are getting REKTFrom the first day you entered the cryptomarket, you've always heard "this is why you don't short bitcoin".
Well......
Bitcoin to test 6700 then dip to 6300 by Aug 28 - more sideways, more low volume - more neutral idea - too tired for narrative - will comment if trend plays out
Bitcoin testing $5800 this week?Bitcoin is completing the H&S -It appears that low volume kept the right shoulder at the lowest allowable height -
The bottom of the right shoulder should be close to $6000 around Aug 24 and we should see a retest of $5800 by Aug 29.
If we retest $5800 in a completed H&S, I expect a bounce to $6200 the first week of September.
Bitcoin needs volume for the price to rise. The lower the volume, the lower the manipulated bottom can be.
12 hours until the next +/- 10% price action - I think the next Bitcoin bounce attempt will be around $6150 in 12 hours - if it falls through $6150 - it will test $5800 by the weekend -- +/- 10% whichever way it goes
Bitcoin Bulls might be done until 2019The Bulls of Bitcoin have continued to stall out with small deadcat bounces from my last Published Idea in May.
I anticipate more lower highs and lower lows that have squeezed us down into this 7 month decline from the ATH. Expect to see the price to ride the ATH down trend resistance/support lines into a very large symmetrical triangle that started at the top of the Feb-March recovery to $11.8k.
If the market volume continues to dry up because of bitcoin, we could see prices back under $4000 after Christmas. Will this be when Ethereum takes its turn at the top of the marketcap? It will be an interesting scenario to follow through the end of 2018 and into 2019, for sure.
Maybe a slow dip into an H&S throughout August?
if Bitcoin 0.55% fails 8500 today, a dip under $8200 could dip into the right should of a H&S short/long opportunity throughout the month of August - with so many H&S and Inverse H&S confirming recently, why not another? Bots run cycles until the cycles are no longer profitable
