A 200K Bitcoin in 2025.This idea considers the four-year cycle, the pi-cycle, and the time between tops and bottom. The fractal was taken from the 2018 bull run.
BLX trade ideas
Bitcoin: Halving HistoryChart is self explanatory. Price has historically taken off months after each halving
Bitcoin Long Term PredictionsHello, just a prediction, no financial advice.
I built the support and resistance using weekly closes, not wicks.
Using the 50W EMA as a magnet and the RSI, I see the situation as bullish, but I might be FOMOing.
Bitcoin's Route to $3,000,000+: An Elliott Wave Based OutlookWhat are the possibilities for the future of Bitcoin? There's mixed perspective with the retail and institutional world of investors but to base things solely on my opinion of its all-time wavemapping, I think Bitcoin could see upwards of $3M-$4M per coin by the early 2030s. I too anticipate a number of heavy, undeniably deep corrections to come during that timeframe but Bulls should be able to do the heavy lifting to restore its value. Regardless of whether you're a lifelong Bitcoin fanatic or an unbiased trader for profit, the pending corrections can and should be avoided. This is how profits are maximized. Hopefully this is the last Bitcoin chart I'll ever have to share on TradingView but nevertheless, I will update accordingly.
Some similaritiesInteresting to see the price of Bitcoin appear to to be entering accumulation around a year after its peak similar to previous behaviour. Honestly not too sure how long this can go on for, so many macro factors that could alter this behaviour, causing btc to enter longer accumulation than normal, or continue downward. But for now, the trend is your friend. I'm buying.
Why 90% of new investors losing moneyHi Tradingview Crypto community!
We have stepped into New 2023 Year and today I would like to list and share the most common reasons why new crypto beginners are getting “rekt” and end up losing money. Whatever your crypto investment or trading strategy is, these should be considered as a priority. Once you address these mistakes first, you will be able to make rational crypto decisions and prepare yourselves for the next Bitcoin bull run cycle.
Why 90% of new investors losing money:
-being new to crypto markets and having no knowledge about market cycle’s structure. Market moves in cycles.
-entering crypto market at the wrong time and at the peak of bull market. Crypto mainstream adoption works in the way that media encourages new investors to join crypto space at the top of markets.
-not understanding the complexity of cryptocurrencies. 90% of people do not understand the concept of cryptocurrencies and how to buy their first Bitcoin.
-lack of technical skills how to store or transfer crypto funds. Many people losing funds because of not managing their sensitive private and log in data safely, sending cryptocurrencies to wrong blockchains.
-being impatient and greedy with a “getting rich quick” mindset. Financial markets including crypto works in a way that capital flow from weak to strong hands, from impatient to patient investors.
-making uninformed decisions due to lack of knowledge about markets dynamics and price behaviour. Many investors do not understand that market follows the same patterns or waves.
-making irrational investment and trading decisions based on emotions and not understanding market psychology. Crypto market just like any financial market is a reflection of human emotions. Investors tend to make the same mistakes based on fear and greed emotions.
-not understanding crypto safety and security measures. Often funds disappear due to new people losing access to wallets or private keys, being naïve and falling into a trap of scammers.
My non-financial advice for new beginners would be to learn in depth about cryptocurrencies fundamentals, develop a good set of technical crypto and safety skills, spend 3-6 months watching and paying attention to crypto markets.
Don’t rush into the markets and spend some time to educate yourself before making your first crypto investment.
Cryptolearn:” Invest in yourself for a better future”.
For more ideas and educational content on how to become a successful investor, make sure to follow us here.
Yearly Opening RangeI put this chart together for the Trade Talk community to see just how important yearly opening ranges are, and how much importance they carry through out the year. It is one of the simple ways for pro traders to technically identify trend, and how to stay on the right side of the trend for the entire year. View it on the daily time frame, and use it to see how past price performance operated when encountering these levels. Some of the best trades intra year can be taken, at or around these levels, please like share, and enjoy. Make sure you trade safe, make sure you trade smart, and as always, happy trading everybody!
Bitcoin historical analysis - part 4 2023On the 14th of November 2022
Things are a bit more complicated, the fed is trying to draw money out of the system, and we have had a lot of big companies be taken down through fraud thanks to SBF and his criminals.
We have identified the downwards trendline - 2 of them to take note of
And the priced has retraced below the 0.768 level
The RSI has had a technical breakout
And on this date, we had clear bullish divergence .
with this and the previous analysis, i suspect that we have had a bottom local bottom of 15 500 before we have some upside.
Note that I expect us to come and retest this trendline level ta some point
Bitcoin historical analysis - part 3On the 11th Feb 2019
We have identified the downwards trendline
And the priced has retraced below the 0.768 level
The RSI has had a technical breakout
And on this date, we had clear bullish divergence .
Due to the covid crash, BTC came and retested the level that BTC broke the trendline, confirming the uptrend
Bitcoin historical analysis - part 2In April 2015
We have identified the downwards trendline from the high
And the priced has retraced below the 0.768 level
The RSI has had a technical breakout
And on this date, we had clear bullish divergence (well the RSI started to increase, there was no lower low but the price was more or less equal)
In August BTC came back to retest the trendline to confirm that bitcoin was going to rise in price afterwards
Bitcoin historical analysis - part 1On the 17th of November 2011
We have identified the downwards trendline from the high
And the priced has retraced below the 0.768 level
The RSI has had a technical breakout
And on this date, we had clear bullish divergence.
On the smaller time frames i am confident that bitcoin broke out of its trendline and retested before leaving this price level
Future of Bitcoin 2023 will be a Gradual slow increasing in price for Bitcoin
2024 will be a good increase in bitcoin price to reach new highs.
it will reach around 125,000$ by mid-end of 2024.
then in 2026 we will come back to visit the 40k to 30k range.
bitcoin log scale bottom/top guessworknext bull run has high likely hood of nuclear conflict raising prices even higher .
Bitcoin very soon back to 200 MA - $24,500This chart shows the following:
Yellow vertical lines - Bitcoin mining reward Halving dates
Purple dotted vertical lines - Weekly RSI minimums
Blue boxes - shows length of time between halving and next macro bottom
Yellow text - number of days for blue box - (time between halving and next macro bottom)
As can be seen, Bitcoin has never spent this long at the bottom of a bear market. Bitcoin is very overdue a retrace to the 200 MA - which is currently around $24,500. Bitcoin did actually bottom on the 13th of June, but recently has had a black swan 'fakeout' bottom due to the FUD news event surrounding FTX. As soon as investors realise that FTX is not Bitcoin, we will very likely see a rapid retrace to $24,500. Then it will be obvious that Bitcoin has bottomed.
On average - Bitcoin tends to retrace about 250% before the next halving. That would put bitcoin at around $50,000 by May 2024.
Enjoy this chart and share ! Thank me later.
Next Bull Cycle TopHello all,
Here is my prediction for 2023-24
1. Bitcoin is going to capitulate one more time to find the REAL bottom before the next bull cycle. ~12,000
2. 2023 will be the year of accumulation.
3. The next Bull cycle top will be around 160,000.
4. The next cycle top will be sometime around April 2025
This is not financial advice and please do your due diligence before investing.
Thanks
BTC/USDT# Weekly update
👁 🗨 Bitcoin in the weekly chart has no interesting conditions to climb at all, and according to the chart, the descending triangle pattern has been completed and pulled back, and the target of this pattern is 11800 dollars!! Of course, 2 months ago, we considered the 12800 area as the floor.
BTCUSD weekly (04/01/2023)Happy New Year to all traders!
I have been waiting for a while and accumulating for these purchase points in Bitcoin, here I leave you a new comparative analysis of the weekly BLX on a logarithmic scale together with the Bitcoin Logarithmic Curves and the Rainbow Price Chart.
On this occasion, the purchase points with the highest historical profitability in BTC have been analyzed with various indicators:
- 200MA hold or brief break
- PA on a macro scale with very high pressure points
-RSI touching the lower bands
(all of them as minimums of the previous cycles)
-BLGC the logarithmic curves in minima
-
BRPC maximum sales accumulation points
In my opinion, I think we are facing the best buying opportunities, perhaps with the best point at 15k or around a few days ago. I am sure that the true BTC and Blockchain maximalists are taking action in these areas.
A strong greeting and I wish you a wonderful year!
----------------------------
¡Feliz año nuevo a todos los traders!
Llevo tiempo esperando y acumulando para estos puntos de compra en Bitcoin, aquí les dejo un nuevo análisis comparativo del BLX semanal en escala logarítmica junto con las Curvas Logarítmicas de Bitcoin y el Rainbow Price Chart.
En esta ocasión,
Se han analizado los puntos de compra con mayor rentabilidad histórica en BTC con diversos indicadores:
- 200MA espera o breve descanso
- PA en escala macro con puntos de presión muy altos
-RSI tocando las bandas inferiores
(todos ellos como mínimos de los ciclos anteriores)
-BLGC las curvas logarítmicas en mínimos
-Puntos máximos de acumulación de ventas BRPC
En mi opinión, creo que estamos ante las mejores oportunidades de compra, quizás con el mejor punto en 15k o hace unos días. Estoy seguro de que los verdaderos maximalistas de BTC y Blockchain están tomando medidas en estas áreas.
Un fuerte saludo y les deseo un maravilloso año!
BTC 69k is not cycle topIf we zoom out and we compare this situation with what happened last year oct/november is so similar, i don't think $69k was BTC cycle top and i don't think now we are in bear market. I expect to have atleast 50-80% bear market correction but i don't think we are already there. We will have atleast 2-6 months bull market from here. I can be totaly wrong, imo.
Bitcoin Monthly Trendline - Something to check back onThis is s roughly drawn trendline which I am posting purely to refer back to and see if it continues to provide a base/bottom area for bitcoin in the coming years.
BTC : When can you be profitable with Bitcoin again?When can you be profitable with Bitcoin again?
I'll tell you what, without many words, just look at the chart.
It gives simple signals when to act. 2-3 trades per year, that's all you need. Calm sleep, nice life.
When will the next time come when you should buy Bitcoin again? The answer is up there on the chart.
This simple but mega-powerful idea was presented to you by ReallyMe. Don't forget where you read it first. Take care & good luck.
Bitcoin TA 2022 - Yearly Candle Pattern-LifeCycle Of Bitcoin.Hello everyone, hope you all are doing good.
As I saw many people focusing on Yearly Candle patterns of Bitcoin, so I thought to make a Bitcoin Analysis and Observe it in a bigger perspective.
This Bitcoin Analysis is not a financial advice, cryptocurrency market is highly volatile and highly risky, so please do research before trading.
It's a New Year season, so I Wish everyone a Happy new year-2023 to you all.
Please don't feel bad about me on my current Bitcoin Analysis, since chart speaks everything, am sorry to say but Bitcoin looks bad as of now, the trend is breaking down,
If the current year candle-2022 closes above 29k than we are safe and can expect the continuation of trend in upside direction.
No means it's a point of concern for every one of us.
I also explained everything in the chart, please check it in detail.
Thank you,
and please like and share my idea/comment if you have any questions.
Dollar Index vs Bitcoin.Dollar Index ( #DXY ) vs #BTC . Is it true that "DXY up, BTC down. BTC up, DXY down"?.
1. According to the data, when DXY ( orange line) breaks out and starts to go up, BTC will begin to enter its bear market. But if you look carefully, there is something interesting.
2. After DXY undergoes its uptrend for a while, it starts to lose its momentum and enters a sideway mode. This is where BTC has bottomed out and start to make some uptrend/rebound move.
2.1 After sideways, and DXY starts to become bearish and that is when BTC does a parabolic move up.
**3. The interesting part in these cycles is that during the sideway movement of DXY , when DXY goes up, it does not mean that BTC will go down. It could be clearly seen that BTC can also go up when DXY goes up.
Summary
1. Is it true that "DXY up, BTC down. BTC up, DXY down"?
Yes, "but" that is not always the case.
2. So when does BTC move in the same direction as DXY?
When DXY loses its uptrend momentum.
3.When does BTC going parabolic again?
When DXY enters downtrend.
