If you were to look at Bitcoin as if it's in a mid-cycle bull run, you could draw similarities to 2020. Although the 2020 crash was pandemic-induced, creating mass fear and causing a harsh sell-off of around 70%, this current dip is around 30%. The market is substantially different now compared to what it was then. The media is spreading fear of a recession....
XTZ sitting at 92% discount from ATH Hold for 1-2 Years Following history when BTC moves Altcoins follow
IOST sitting at 93% from ATH Altcoin season soon Following history when BTC moves Altcoins follow
Algo currently sitting at 96% discount from ATH Altcoin season is coming soon When BTC moves Altcoins follow
Altcoin season will be soon Algo is at a 95% discount from ATH Hold for 1-2 years Following History when BTC moves Altcoins follow
Alt season is soon - 96% discount from ATH Idealy hold for 1-2 years Following history BTC moves Altcoins follow
This happened in 2015, 2019, and once again now... I believe Bitcoin will begin at least another year of downward or sideways accumulation to create a strong platform for BTC to grow to new heights, as you can see in previous Bear Markets this exact same short-term rally has happened before, How will it play out? - I believe it will start with a shortfall of...
I strongly believe this short-term run will top out around $23,200-25,000 touching the 200-day ema. If the 50-day ema crosses over the 200-day it is called a DEATH CROSS, my targets haven't changed. These short-term runs are driven by FOMO and liquidation. if this does play out it will be the last bearish movement for...
There is not long to go until the bear market is complete You can see a descending triangle which is a bearish formation, I believe bitcoin will bottom out around 11,000~9,000usd worst case scenario You can see the fall off in sell volume and the rise of the rsi, throughout bitcoins history this has always indicated the bottom of bitcoin, especially trading...
we can see Fantom has rounded off. This is a short-term trade as I believe the Bear market is not over Entry .2046 Target .25 Leveage 8x Take these moments with safety
I still think the bear market is not over, There is an opportunity to make some short-term profit Bears are getting weaker, The best opportunities come when FEAR is high.
This chart depicts a side-by-side comparison to the 2018 Bear Market they have nearly the exact same length of 364 days Bitcoin is throughout history repeats cycles with four stages, we are in the final stage of our Bear Market I believe we will soon begin an uptrend, so buy at Targets (12,000)-(15,000) we will see bitcoin bounce back coming to the end of 2023...
3 Outcomes possible consolidation needed for Btc to grow Target 30,000 Needs strong bullish signs
Skl has created a reverse head and shoulders with bull divergences on RSI and Macd Short-term move target .08-.09 Rsi very high *Watch btc key time * www.tradingview.com
I've found a clear rising wedge in FXCBTC which is a very bad sign and id guarantee will fall a decent amount
I've spotted what is called a Bart Simpson pattern which is usually a pretty good sign for gradual increase. Other currencies have had this same pattern and led to gradual increase. hopefully bitcoin will get its bullish attributes back soon
ive only started trading and have spotted what is called a bear pennant I dont believe btc will break through the 10,000 support line and it is a good time to buy as i think it will go back up to 11,000