BTC Could Pass $73k - Cup and HandleIt's looking like BTC will likely complete a gigantic cup formation...will a handle follow? This is pure speculation but I'll be having fun watching for it to play out.
USDCBTC trade ideas
Current BTC trajectory the Market should Follow BTCBTC current Trajectory from basing this off of past behavior and current market. If you have followed my past scenarios I have posted I've not deviated at all from my path of direction but I did adjust it a bit from previous post to be happening sooner than later do to the time of year. Based on the RSI we should see a similar bounce to what we saw at the top to a lower top pretty soon and we may not repeat the exact drop but we should see the floor sooner than later. We should see more ALT explosion as long as BTC can maintain a healthy level of liquidity. at some point the Market maker will take what they have given so make sure to secure profits!
BTC: why notRanging and breakout to the upside after summer.
This is what I expect during the next months
BTC | Let's see $34K again, shall we?Just re-tested the $41K. It's time to go down. Please protect your money.
BTC still rangingThe longer the consolidation, the better the break out (to the upside or downside).
BTC is ranging, MACD lines doesn't gives any clear signal.
I personnally won't make any moves until BTC exit from this paralel channel.
Weekly chartOn the weekly chart, Bitcoin seems just to have started to go up. Will it break the death cross?
Possible Short 12h timeframeYou see the stoch rsi and the crsi are about to enter in a longer consolidation phase to the bottom, I would be careful till the 41.5k is breached or being ready to short if not
Bullish signsHello, finally there are bullish signs in macro MACD and RSI
Golden cross reversal if plays out can hit us to 50k usd
We just need VOLUMES, it depends on Crypto Influencers if they can creat it with their fake news similar as latest Amazon fake news
If retails gonna gets fool so you have opportunity to dump your bag on suckers
I think that will be the Dead cat bounce for late sellers to exit from the Ponzi.
We are in a tricky phase, excessive fomo and hype can costs so much in this situation.
Goodluck
BTC at Make or Break point! but are we being fooled? There's no doubt that Covid19 was an entry point to institutional money with that miraculous 60% correction within a week.
The BTC world has changed. We feel it in the water. We feel it in the earth. We smell it in the air.
Much that once was is lost to their Algo & Bots and "Retail" shaking techniques.
For these men, above all else, desire power.
Controlling the future of currency is power.
The whales bought, GBTC and MicroStrategy and their likes bought.
Forbes published that 650 U.S. banks will soon be able to offer bitcoin purchases to an estimated 24 million total customers.
And guess what - the price is stifled.
The last 6 weeks were boring.
Everyone and their wives cried out this bull run isn't over yet.
The last few days everyone and their wives have started talking about the pending dump.
BTC has been tip toeing the Weekly MA50 currently sitting on 31870 (hodling it for dear life this week).
Weekly MA100 is 20226 (rings a bell ?).
Everyone I am talking to, is looking at any possible graph to settle their perspective.
The graph with most dispute is the historic BTC Logarithmic Growth Curves.
Yes, plotting peak to peak says this bull run is not over.
Early December has been the ATH in 2014 and 2018 so we should have plenty of time to enter a Bear market followed by a colossal rally.
Plotting bottom to bottom on the same graph can land you anywhere between 16k - 24k.
But what if they were, all of them, deceived, for another man, in the land of Composite, forged another plan?
What if the history is forgotten and turned to myth?
What if the Composite Man is plotting his bottoms only from the point in which he had entered the field in mid 2020?
Side walking for long periods are the precursors of Violent Moves.
We are either going to see a fake move up (a trap at ~39K) followed by a brutal move down into a Bear market,
which now seems to be, by the way, the common chant only in the last couple of days!
{and that is why I am not joining the bull train until I see a daily candle closing over 42k-43k}.
But Logically, it makes no sense! That the hoarding Whales, and the Institutions will buy just to see it cut in half.
OR
We are going to see a fake move down (a trap at the Composite's man Black Line at ~26K - 28K) followed by an insane move up into a colossal mega run that will break all of the previous patterns we know, since the BTC world is changed.
One Crypto to rule them all. Where we might be able to stack satoshies at best in the not so far future.
One thing is sure, the next few days or weeks are going to be exciting!
BTC Weekly 50 MABTC is about the Close the First Weekly Candl below the 50 Day MA. since Bullrun.
Be Ready. for Bearmomentum.
BTC UPTRENDI believe the path of least resistance is up from here but I'm a little worried about the SPX top and think a drop there could take us down to the 20K levels
32, 30 or 28k Where to Next with BTCSince mid May Btc has been In a descending channel. We had a couple fake outs but for the most part no real sign that BTC wants to break out of this channel. With all the news on BTC I can see this drop back to the bottom of this channel. Question is will the 30k level hold agian or will we see a break towards 20k. Please feel free to leave your thoughts either on my analysis or if you see anything different...
I Don't Celebrate The 4th But BTC Seems To.Looks like BTC may be looking to have a small shindig around the 4th. Look for some tickets to get in and enjoy a few drinks courtesy of Satoshi. Then stick around for the next party.... I'm sure it will be better than this one!
The beginning of a very big uptrend , BTCUSDPlease note the peaks in the RSI indicator and the peaks in the price chart at the same time. Is it time to break the downtrend line drawn on the RSI?
With the breaking of this important line, more buyers are expected to take action and a new uptrend will take shape
BTC High Volatility expected. Simple and easy chart explained High volatility expected, after attempting to break the downtrend of the last 40 days (blue) 14 times in hourly candles chart, here we go for the 15th. The short term uptrend (yellow) cross the downtrend in the next hours, where the price action must take a decision. The long term uptrend (green) is the strongest support to hold to keep being bullish for the mid term, this line started being a strong support back in march 2020 and have been used as a support/resistance several times since then.
- In Bullish scenario: we will break the last 40 days downtrend (we must see 3 or more hourly candles closed above that resistance) and go straight to 36200 zone, then go for the short term uptrend again to gain momentum. If this happens the objective will be the 39000 zone.
- In Bearish scenario: we will break short term uptrend to go for the 33200 zone and provably fail again when attempting to break the 40 downtrend for the 16th time. If this happens the price will provably drop to the green line again to search for some liquidity.
BINANCE:BTCUSDT
Short, RSIShould be seeing a bigger drop to the lower green line, crsi 20 and 10 are both in a beginning downtrend and it would perfectly fit inside the forming triangle.
28-29k BTCLate Sunday night early Monday morning look for BTC to break the falling wedge for some small gains. Break out around 29k-28.5k.
Potential early breakout around 30.5k.
BTC and Market RSIIf we break the following resistance line on the RSI, then we can start thinking about a change in trend. If there are a lot of leveraged shorts currently, then the RSI will show the accumulation is picking up steam before the market starts to move in a bullish momentum again.
