Let's see if ICT's right...Casual markup of where BTC might be headed this year. Purely technical; not accounting for fundamentals here. Just curious to see if this will play out as marked up.
Key data points
Previous close
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Open
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Day's range
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BITCOIN FORECAST RANGE BETWEEN 66K AND 50K Just testing a theory I've had for awhile now... BTC seems to move between a certain range ever sense its initial spring into a bullish market from around 5k. Using the springs initial range and finding a rough 50% area between the price points you can almost exactly forecast (Swings & Corrections).
BTC = $8900. Global reversal. 0.5 Fibonacci level in November 2022 did not work, all the growth was false. Many people will lose money in altcoins, there will be no altseason because the bear market HAS COME. I talked about this 4 months ago, look at my forecasts.
BTC is very energy-intensive. The network of miners and ASIC
Volatility to spike?If you go by Bitcoin's volatility alone as a measurement to decide where we are in the bullrun, this shows we are no where near the peak. Historically, BTC concluded its prior runs while seeing high volatility. Bitcoin's volatility is currently near its range low and hasn't replicated what we've see
Magical 30kPrice action moves violently away from 30k. I'll post more thoughts on this later. Just putting the idea out there for now.
BTC"The price is within the channel, waiting for a breakout. Since it is at the bottom of the support level, I will buy with a stop-loss for swing trading."
BTC still in 4hrs Bearish Time CycleBitcoin hasn't do anything yet which is good cause as long as it stays in that trading range with controlled drops while Bearish TIME is consumed bulls still has the upper hand. So for now and the rest of week #6 the move still is to the down side even if price doesn't drop we should get confirmat
4hrs and Weekly Bitcoin UpdateWe just closed week #5 and doesn't look good and we enter week #6 where we usually get confirmation of trend in this case Weekly Down Trend if during the week price breaks support of 89K and closes below it then weekly downtrend will be confirm and eventually we will see prices below 80k but if it
Bitcoin road to 33 000 BITSTAMP:BTCUSD
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Possible Targets and explanation idea
➡️ Everything going according by my global 2023 plan for BTC what i’ve posted h
Bitcoin and Wyckoff Accumulation D1BINANCE:BTCUSDT
Lets check classic Wyckoff Accumulation phase since drop In June. This is D1 Timeframe and if Historically October is green month with 15-60% moves up. We have an all chances break resistance and hit even 28-30K.
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Displays a symbol's price movements over previous years to identify recurring trends.