BTC Daily Chart showing extreme resilience in the face of the "end of crypto" news and attacks on the industry. I think this is just the second pull back of a large weekly move. 23k-25k is the .50 fib retracement from 31K. The 200 Weekly Moving Average has been broken but I wouldn't be surprised if its a false break. The daily chart is displaying a beautiful...
The most recent bull flag break out is a relief rally in the recent move to the downside. We are currently approaching a long standing horizontal trend line that has acted as both resistance and support for BTC since the break out of the bear market. This line is the white line on my image. I speculate that price action will rally to this horizontal trend line,...
Related to my previous Idea. Looking to go short after confirmation around 28.6-29k
Expecting a relief rally back to the high 28k low 29k area before we move into the next leg down to 25k. 25.3k will be the bottom of a Weekly Elliot Wave 4 move (see my previous linked idea). From 25k we will move up to 32k - top out and start an ABC correction.
Since the breakout of the bear market depths BTC has been moving methodically on the weekly chart. There have very clearly been two impulse moves to the upside, the most recent one just barley missing the expected major resistance of 32k. Currently i believe we are in wave 4 of a 5 wave Elliot Impulse move. I am anticipating price to come down to 25k, False break...
Historical data showing the bull run is about to start. My estimated timeline for the bull market with estimated price.