Chart Overview: The chart displays Bitcoin's price movements on a monthly timeframe, highlighting two potential inverse head and shoulders patterns with different trajectories. These patterns are color-coded for clarity: green and blue. Additionally, an analysis of the monthly RSI (Relative Strength Index) is included to provide further insights into the...
Chart Overview: The chart displays Bitcoin's price movements on a monthly timeframe, highlighting two potential inverse head and shoulders patterns with different trajectories. These patterns are color-coded for clarity: green and blue. Additionally, an analysis of the monthly RSI (Relative Strength Index) is included to provide further insights into the...
Historical Patterns: 2017 Halving to Top: From the halving in mid-2016 to the peak in December 2017, Bitcoin saw significant price appreciation within a 1.5-year period. 2021 Halving to Top: Similarly, from the halving in mid-2020 to the peak in late 2021, Bitcoin followed a comparable pattern, also over approximately 1.5 years. Projected Future Targets: 2021...
Bitcoin has been overbought on all of the lower time frames for quite some time It was only a matter of time before these charts had to reset currently the daily has reset But we may need to reset the 2-day and the 3-day chart as well before pushing back up significantly we will have some volatility in the meantime I'm looking at all of this happening over the...
This is my prediction based on lifetime trend lines. RSI, SRSI, and Fibonacci
using the FIB and life time trend lines I was able to create a parallel channel BTC will prob stay in for the next 2 bull runs
bitcoin is going to create an inverted head and shoulders on the monthly and shoot up as it has done in every bull market prior
4-14-23 Weekly BTC chart. Potential track to 35K. We are currently in a uptrand channel. Breaking this channel will cause a retest of the red lines. We could follow this channel all the way to 35k before hitting serious resistance. I am expecting a pull back either here or at HKEX:32 ,500.
BTC HUGE MOVE UP COMING IN MARCH. Bottom is in the pattern is way to similar !!!!! Expect to at least push to 28k