Bitcoin Bull Roadmap............................................
Still bullish based on Macd's appearance and the channel the price is currently in.I don't see any reason why it shouldn't go to the red shaded area.
As you can see USDTRY has reached the upper trendline resistance since 2008. The Fibo 38% retracement level is around 7.50. At the same time, there is a negative divergence in the weekly RSI. Black count is my main script. Blue is alternative as long as the lower trendline is broken. As a result; In any case, I think the upper trendline cannot be broken and...
As you can see on the monthly chart, the 5th big wave is about to complete inside the ascending wedge and there is a negative divergence on the RSI . In my opinion, USDTRY has come to the end of the road after 13 years of growth. I expect it to peak in the a few months and then start to collapse around 9.30 and depreciate around 50% in about 5-6 years and be around 5 TL.
Bitcoin continues to grow in the major 5th wave. As you can see there are two channels of ascension. The blue channel includes the elliot process from the beginning. The black channel is the potential ascension channel of the last bullish wave. The question is: Will it end when it touches the upper blue channel or it want to touch end with the upper black...
I think, BTC.D in a mega falling channel and it will repeat the cycle that 4 year ago. As you can see, I found the bottom trend line by calculating the fibo 1,618 of the last increase. The blockchain technology is to be accepted by the world in the coming period and to decrease to these levels when altcoins become functional and begin to be used according to...
Weekly MACD is positive, Volume rises with the price. This is a risky and extreme price trade but I can't see a reason not to go to $29. Own your risk.
It could be around 1 million USD per a BTC