BVOL7D trade ideas
🅱️ (₿) XBT Ultra-Bullish ConsolidationI don't what people keep saying but we focus on the charts, we read the charts and get all the information from the charts.
One can guess and say things are this or that based on assumptions but the charts make no assumptions... Here is what XBT is saying on the daily timeframe.
Straight up!
We have a very strong RSI, ultra-strong.
After the initial break that ended 14-Jan., we see no signs of a retrace instead a very strong bullish consolidation.
Slowly bitcoin continues pushing higher, more likely waiting for all the bears to short so that they can be squeezed again.
There is resistance though, for certain, at $21,488.
If this level can be conquered bitcoin can go straight ahead.
If XBT fails to break above this level, we still remain 600% bullish all the way through late March.
We will see how it goes.
In the case that it drops suddenly, as the market tends/likes to surprise, we are super safe for a higher low.
See the two arrows:
1- blue straight up.
2- black small retrace then back up.
Namaste.
BTC short squeeze looks about complete.I think we maybe have another 1K or so to go in the BTC rally. I am not short here but I plan to short somewhere around 23K with a stop loss on 25K.
Was too impatient with my longs and missed the move here, but I think we're getting into the end of the short squeeze mentioned previously.
Complex f'in pullback What kind of pullback is it? A complex one.
What reason is it complex you ask///
You see in the next episode of *redacted* manipulating the human beings
Try to get to 28k, but get back to USD, if we go below a certainWe haven't seen any pull back yet, so its tough to know where we are, the next level in the fibanacci levels is around that 28k level, so look to take some profit or cut some leverage at this point. Thanks for your consideration. Still a bear market.
BTC.USDTExactly according to the previous analysis,
Bitcoin took an upward guard from the bottom of 15,600
and formed the 4 Elliott wave
3D Engulf - Sunrise BTC-PERPWe just needed a chance and you just gave it to us, even if it reverts to a lower liquidity point prices will be more competitive in the future..
March and April will be months that will decide our future.
Always shoot at the moon.
NFA - just hopium for 2018 vibes
🅱️ Game Changer | Bitcoin Bonds | El 🇸🇻 SalvadorThis is how the game is changed.
This is how the game is changing.
This is a game changer.
El Salvador approved a new law to allow themselves to raise funds through Bitcoin-backed Bonds.
The vote went 62 vs 16, just so you know how pro-Bitcoin the El Salvador government is. They like Bitcoin more than everybody.
This is obviously the first time ever this is being done.
El Salvador's president and government must have some seriously smart, wise and financially advanced advisors. Who's advising them?
Must be the smartest people in this world.
They intend to raise funds to a build new town called Bitcoin City as well as to buy Bitcoin (fair enough) in order to take advantage of the upcoming bull-market and share the profits with the bondholders.
We are sending our best wishes and good vibes to these people and wishing them the best possible kind of success.
We love you and hope you guys do great.
Keep up innovating and the great work.
The world is watching and will absolutely follow.
Thanks for being first.
Namaste.
"BTC" Pattern Analysis TheoryWith the market still moving on the downtrend, here's my current analysis
"BTC" Pattern Analysis Theory - UpdateHere's an Update on the last T.A. of BTC from December 6,2022
From my Analysis a Bullish Divergence was seen on the Daily Chart Leading to a possible trend shift.
The Bias was Confirmed today
BTC: WATERSHED MOMENTTLDR:
. A possible hidden bear divergence at critical resistance.
. CPI release might drive the price all the way up to the golden pocket above.
. Reclaim the range low with consolidation after breaking above the diagnol, and then range low will be a decent bid.
. Close the current candle below the golden pocket down below (white) and new lows are likely.
. Hands-off for now and waiting for this candle close to determine the possibilities ahead.
🅱️ ₿ Weekly, Best Case Scenario... First Time Since April 2020After recovering from March 2020 low bitcoin moved above EMA10 signaling the start of the bull-market.
In this bull-market, the first time that bitcoin dropped below EMA10 it happened in May 2021 after the $64,862 All-Time High.
This signaled the start of the bear-market with a 55% drop.
A dead cat-bounce followed which ended in a double-top in November 2021... Guess what?
Bitcoin moved below EMA10 on the weekly timeframe... Signaling the start of the 1 year+ correction.
Only slightly in March/April did bitcoin managed to move back above EMA10 but a rejection soon followed and the bear market resumed.
Now, for the first time since April 2020, bitcoin is moving above EMA10 to the upside on the weekly timeframe, signaling the potential switching from the bears (red) to the bulls (green).
Here let's take into consideration the best possible scenario for the next target:
Fib. extension gives us two major resistance levels (targets):
1) $35,928
2) $48,557
Trend-based Fib. extension gives us the following two:
1) $40,356
2) $55,721
So instead of looking at the worst case scenario, let's look at the best case scenario possible.
These are the potential target for a recovery/relief rally in 2023.
Namaste.
BTC Update: Light TradingWhen you jump on today and start Trading TWO choices are presented.
Trade a HVA.
Trade a non HVA.
The latter at this point is much preferable. The only real bounces you will get are scalp longs and Light DCA moves circa now to 14k.
Always remember this can FLY FAST. You NEVER want to trade largely.
Trade wisely.
BTC looks interesting because of how boring price is right nowThe last big move of BTC was when FTX collapsed, it was essentially a blackswan event because of how big FTX is. But since then, volatility in BTC price has been extremely low, there was a bounce to resistance zone of around 18.2K but price refused to go to new low.
The extremely low volatility and sideway action shows that there isn't much attention in this asset class, sellers stopped trying to send price lower, while big buyers have yet to step in. The situation looks a bit like the 2018 bottom, after a big drop, volatility dropped off and price recovered slowly and quietly when people have lost all hope and interest.
🅱️ XBT Short-Term 1H | 8-Jan.Expect this ascending channel to break to the upside...
It will only speed up and continue higher and higher.
By late January bitcoin should be growing at top speed.
Expect the entire cryptocurrency market to grow.
Expect the altcoins, big and small, to also grow.
Instead of the classic one drops while the other grows, expect everything to grow together after a while, the division will start but only after multiple resistance levels are conquered market-wide.
Happy 2023.
Namaste.
Bitcoin Volatility All-Time-LowBitcoin's volatility is currently at an all-time-low meaning we haven't seen major price changes in a very long time. This is incredibly rare for a very volatile asset such as Bitcoin, although the uncertainty in the markets fueled by recession thoughts is the likely cause of this.
BTC - Finally death zonesEveryone is waiting for a drop between 10-14k. My opinion is quite different. Bitcoin is about to break Dominance to at least 32%, which leads to a very painful drop in trading. Everyone enjoyed the beautiful carpet. It was time to watch everything fall as hard as the moment it took off.
The worst scenario that can happen is between 4-8k, where the zones are VERY weak and nobody supports them. This is what everyone who didn't manage to buy at three zeros wants the most. Circle zones are stops where the price is expected to hold and the trade goes up.
🅱️ XBT Short-Term 1H | 2-Jan. | New Drawings, New Target $17.5kThe main target for this wave, short-term, is now set at $17,580.
So far we are seeing slow steady growth within an ascending channel.
By, or after,12-January 2023 things should really speed up... Get ready because it will be a lot of fun.
Make sure to check the Act Now! Strategy in the 'Related Ideas' below.
Namaste.
BTC Historical Cycles VolatilityBTC Historical Cycles Volatility shares, in that cycle we can observe that cycle are rythmed by low key rebounds.
We are actually in OVERBOUGHT channel, do your own researchs.
We will oberve big moves in short-term keys.
#WEAREJARVIS
BTC Historical Cycles VolatilityBTC Historical Cycles Volatility shares, in that cycle we can observe that cycle are rythmed by low key rebounds.
We are actually in OVERBOUGHT channel, do your own researchs.
We will oberve big moves in short-term keys.
#WEAREJARVIS
🅱️ XBT Short-Term 1H | 2-Jan. Bitcoin (XBT) is moving ahead building momentum... The breakout is going towards the bulls.
As usual, this is our short-term timeframe (1H).
In this timeframe XBT has gone above MA200 and EMA300, our longest moving averages.
This translates into a strong bullish signal.
The RSI is really strong now at 67.
With these signals in place, we can expect higher prices.
Next target is set at $16,840 after the 0.382 Fib. extension gets conquered.
Then we have $16,930 followed by $17,059/$17,221.
Strong support is set at $16,650.
If you want to see additional targets, visit yesterdays trade idea on the 4H timeframe where we look at the resistance levels until $20,000+
🅱️ (₿) Bitcoin 2023 | Multiple Higher Lows Since 2022 | $20,960 Target
Happy new year and thanks a lot for your continued support.
Namaste.
Bear Flag - A potential bull trap
What do BTC/USD and Nasdaq Composite price charts have in common? A bear flag. The current price structure in the four-hour time frame points to further moves to the downside if BTC fails to hold above 17894. BTC/USD could head back down to 16000 and 15696 if it falls and remain below 16430
