MJRaddish

MJRaddish

Bitcoin has been a good asset to hold when it is low, so we can accumulate real commodities when we reach peak fib levels.

MJRaddish

Last bull cycle, Bitcoin Fibonacci extension predicted quite accurately the possible top for Bitcoin. This bull cycle, since we had two tops, we can create two fibonacci extensions. 94-k - 100k, 143k - 150k, and so on are good areas to look at.

MJRaddish

Bitcoin is forming a bullish pennant, once 63k is broken, we could see a 70k Bitcoin soon.

MJRaddish

Bitcoin Symmetric triangle on minute chart. Bias is to upside (64k), with some possibility we will retest the 200MA.

MJRaddish

Bitcoin dominance might reach 58-60% by May 2024, then it could retrace back to 55%, giving opportunity for altcoins to rise.

MJRaddish Updated 

Bitcoin will maybe have a slow correction to 48k, then that will be a good buy zone.

MJRaddish Updated 

Bitcoin will reach this resistance before sell pressure is involved. Good area to take profits is 51-52k.

MJRaddish

Bitcoin price action is looking sort of like a cup and handle... If so, we could shoot to 52-54k.

MJRaddish Updated 

Bitcoint Dominance will possible reach 54%, until then, altcoins/btc pairs will most likely fall.

MJRaddish Updated 

Bitcoin 15min analysis, looking like we are on the 2 portion of the 123 wave, aggressive traders can buy with confidence here. Also falls right on a demand zone and fib levels.

MJRaddish Updated 

Bitcoin hourly is respecting the channel that we drew in the daily. Trade within

MJRaddish Updated 

Bitcoin has broken the ascending triangle, we may slowly fall to 38-39k levels.

MJRaddish

We need to wait for this descending channel to break before we can confirm BTC to be back in a macro uptrend

MJRaddish Updated 

Bitcoin Ascending Triangle, still within healthy range.

MJRaddish

Looks like after the hype around Bitcoin ETF, a bull flag is still in play.