Inverse Head and Shoulder patternPossible Inverted head and shoulder pattern on 1hr candleShortby olaadediji0
BTC: Climbing mount e-VerestBitcoin has been in a not so unexpected rally since past September with its rise accelerating rapidly during the first days of 2021 reaching an ATH of $41K last week. In fact, the dedicated crypto community was looking forward to such an occurrence for a long time. Suddenly, we are witnessing an almost free fall of the price down to $32K at the time of writing. Is this the end of Bitcoin’s magic bus ride for now, or is it a mere step backwards to regain momentum? There are two facts and a speculation to be stated. First, it is more than obvious that this is not Bitcoin’s all time peak. The road is a long one and the race is more than a marathon to be ran. Bitcoin is just an infant in the history of money. It is 11 years old. Second, the crypto awareness is reaching a historical high, partly due to what Covid19 brought forward in terms of technological intrusion in every aspect of our lives, and partly due to the very essence of cryptocurrency’s pivotal point; decentralisation. The latter was proved to be a safe refuge amid financial disruption globally during 2020 where Covid19 and the already burdened financial systems across the world provided evidence that we need something more stable to maintain a substantial balance when crises hit. Bitcoin and Ethereum, among others, made their point timely. Thus, it would be at least ungrateful to question BTC or even blame it for its recent fall. We must not forget that it was BTC which stood still and kicking all over 2020, despite the volatility which is quintessential at that point. In my opinion, BTC is behaving in the most natural -almost human-like- manner compared to every other currency existing. Let me explain. To draw an analogy from mountain climbing, I theorise that what BTC does since yesterday is what high altitude climbers do while attempting to reach the high peaks of Earth’s most beautiful yet most dangerous mountain peaks. It is acclimating. It is on its way to the highest top ever and it has to go back a few hundred feet every now and then, otherwise it will blow up from not being able to adapt to the different situational parameters of each different height level. If it were for the opposite to be happening, that would be bad news. That would be neither natural nor logical. That would be a bubble alert. But it isn’t. BTC is taking a small acclimating step before starting its journey to the next top of its long foreseen destiny. Stay safe. Stay put. Don’t panic. Longby esna3
WHAT IF,I DID THIS THE LAST TIME(2017 BULL RUN) ON THE CHART FOR FUN AND IT KIND OF PLAYED OUT IM WONDERING IF IT MIGHT PLAY OUT AGAIN. THE PRICE SHOULD MEET THE TREND LINES ON THE WAY UP AND DOWN.by matthewowens40228
2017-2020 BTC Pump Pattern - Same or Not?The recent fib circles and trend lines / shapes very closely match the shape of those in the 2017 pump. Are we due for a pump to over 20k again soon?by BiT2BeaN2
BTC markers for pump in JanuaryMy view on where I think BTC will hover for a while. Hoping we can expect another pump mid January!by BiT2BeaN1
btcas more speculation arises around bitcoin we can expect the price to push up after it being dormant for some timeLongby Godfather-Pips5
BTCGBPExperimental probability of price breaking yesterday's high (21/11/20) ~75% Entries: discount buy zone highlighted on Chart Note: discount zone is invalid if price broke the highby oa61511Updated 1
BTCGBP - Time for a little pull back Think this needs a breather for few hours and then will resume the uptrend by jaypee1230
Trying this out for fun do not trade!There are so many patterns to be analyzed. Why not try out new strategies to throw some added enjoyment to your trading. Threw and arc over this near rainbow pattern hoping it will complete the descend. Shortby Pika7993221
BTC prediction, buy buy buy!Here is my amazing prediction for bitcoin to gbp, however I am not an expert, so please don't ask. Just buy.by foxj9563
BTC PRofitWhen green line goes above other three lines sell, when it goes below three lines buyLongby The1Black1Arrow5
The case for a £5000 bitcoin. Alt season?Looking at the longer, weekly chart, bitcoin has the potential to drop to the £5000 mark. But don’t forget, we have already broken the previous resistance, and are now using that as support which is a positive. A big moment for bitcoin, and the next direction it will take. Shortby sarwar261
Correct my elliot count! Leading diag in play for BTC!!ON THE 4 HOUR CHART I CAN MAKE A CASE FOR LEADING DIAG OF THE A, AFTER A HUGE 5 WAVE IMPULSE AFTER THE COVID LOW. WAVE 1 OF THE 3 IS IN! STANDING BY TO SEE HOW DEEP THIS CORRECTS. DUSTY MILLER.by odbwuUpdated 0
daily analysis of BTC/GBPHi friends the daily chart of this market shows with a high probability an uptrend in the next days but at the same time it is better to be vigilant of the change of direction towards the opposite please subscribe to receive more analysisLongby YL_PRO4
Bitcoin bulls get ready for final buy at £8160 before liftoff!Small sell-off incoming. Can we see a bull run into all time highs after that? Buy at £8160 where I see this being your last chance opportunity before we go parabolic!Longby sarwar26222
BTC pennant formationLarge movement upwards, consolidation between the pennant aiming for a breakout upwards with volume to support. Longby Dirkdiggler750