BITSTAMP:BTCUSD Using the trend lines, I look a bit deeper. Based on the daily chart, current indicators suggest a short-term rebound within a longer-short term downtrend.
The daily chart shows the RSI and MACD at oversold levels, indicating a possible short-term bounce. In contrast, the weekly chart suggests more room for downward movement, reflecting the...
CRYPTOCAP:BTC I am keeping my target at $250,000 over the next year, but I will take some profits early if #BTC hits the gold line. I expect the run-up to be front-run. This is all rough estimates, and it depends on how long the bull run lasts. Lowest target I have is $120,000. There is nothing stopping #Bitcoin from going way past 1 million and of course it...
I believe Bitcoin's price might not dip below $22,800 — if it even approaches that level. Currently, it seems like we might witness more of a sideways movement or potentially an upward trend. I'll be referring to this chart to identify low-leverage entry points, IF the price drops further or continues to move sideways in the coming months. Note that we are at the...
If we go by the same timing as at the end of the last bull then we should now be entering the accumulation range. This chart shows we are 1 year into a 4-year cycle from top to bottom and if it dips I will be buying, I would expect wicks but times are different and a deeper/longer dive is not out of the question.
