just some thoughts.
I know, even in my chart, #BTC is in beartrend risk-zone. Still, i am bullish AF. Why? Beartrend risk-zone can indicate also a good buy moment, while the zone signalled often a trend change. If you check on-chain data, inflation and the rising of authoritarian states, i cant believe how cheap BTC still is. I know that, when majority of the people lost hope (i...
We need volume. Fast. But maybe it is just a trap.. But what if, if the big boys trade OTC, and they accumulating? Glassnode says so. Glassnode shows accumulating and shortage incoming! What you think?
Based on Geometric/Logarithmic drawing. Timeframes and Prices could be slightly different when including correct M2 or M3. - this is no Investment Advice #DYOR
Why i dont see BTC to Crash soon Some of the Traders see a BTC double Top which would lead to a blow off and Crash. So lets try to disprove this view: - Chart Formation: I can find this type of Pattern only in Uptrends. Some think it is a double top but in fact its an ascending consolidation of which the 2nd top is higher. - BTC Price overheated: In fact...
This formation is in my private Ideas since 1 Year and looks like its performing well untill now. This one confirms my other idea, uploaded earlier today. To be honest, cant find another outcome at the moment. Be cautious, there will be some more dumps and distribution untill April. - this is just my opinion and no investment advice
Look at the Chart. MACD almost flat. Volume capitulation bars. Awaiting massive breakout. - no investment advice
BTC behaviour was interesting the last weeks. My older previews worked out well, and i got the feeling we could see 350k this bullrun. I tried to paint the chart to my last analysis, whichs text is still valid and copied here. We (have) had extreme fear between 44-48k, which is amazing, and RSI is down! All the good news got covered by central banks shooting...
BTC behaviour was interesting the last weeks. My older previews worked out well, and i got the feeling we could see 350k this bullrun. I could paint some technical chartings (yes its possible to paint more indicators) but for me its not even necessary. We have extreme fear between 44-48k, which is amazing! All the good news got covered by central banks shooting...
It seems there is a lot of Support at 28800-29800 USD. Seems like Accumulatiog there. WHY? Most candles have shadows on both sides. There is no agressive, but clever buying at theese levels. only when sell pressure increase, they increase buying power. Between 33200-34200 they pause buying and wait it to return. If this is true, we will maximum stay here 2...
CHECK RELATED IDEA FIRST! It seems to me that we need one more downturn. Many Indicators show 24k as possible Bottom. - RSI Indicator - Fibonacci Indicator - SMA/EMA - Plateau 3 on the Rise from 10k to 40k - Past BTC bull run corrections -30-40% as in related idea IF THIS PLAYS OUT: - the correction will be short, around 3 days - you will not get the low...
As seen in past bull runs, weekly RSI ned to reach 50-60 area (check comments) That means, 2-4 weeks to go. In this analysis i drawed just Fibonacci levels, not perfect levels. I estimate correction not to be deeper than 28k
Could BTC possibly go down more to 19k? + H&S forming + Too strong Rally before + RSI still high + i expected correction untill April in my previous Analysis below - we are in a Bull Market - RSI already moved down a lot (tends to be high in bull markets) - Alts are strong - Institutional Money will not leave - Banks and their negative interest Rates
PLEASE CHECK ADDED 2017 PICTURES IN COMMENTS In the 2017/18 Bulltrend BTC tended to dip between -30-40% several times As we see one bigger correction started at ~2x ATH and was at -38% Since 2019 it seems to have changed to 20-30%. -20% would mean we correct to 33k. -30% would mean we correct to 29k. I believe that this could be the dip-metric for this...
As we can see, the sell-off volume was not as big as it seemed to be. This could mean that we are far from a feared blow-off-top! As you see in the chart, fib retracement fits almost perfect the plateaus BTC did on his rise. I Expect some sideways, with alts pumping. Altseason starting?
As already shown in my previous analysis, i slowly get the feeling, that maybe we will not get the correction that everybody is waiting for.
Seems like TESLA ist topping a 2nd time ant hies wave is over.