Hello everyone, what a sell off on BTC. Do not lose sight this is a relief rally which will most probably stop at 6790 price range. I see 5500 is incoming maybe a bit lower like 5200. I do not think it will go below 5K. Under 5K load it up without even thinking. Do not open a long position unless 0.6 fib level was taken out.
Hello Everyone, check my chart for the comments. I did predicted again 7400 target when we were 6700 yesterday and let my followers know on twitter. So second target is in play which is 7700. BTC will not retrace heavily until it hits there. Basically, Short term trading range (few weeks) is 6850-7700 area. Give me a like and follow me on twitter if you want...
Hello everyone, the fractals and trends suggest that some institutions and states keep BTC sending down and limiting its space to kill its volatility and charm. Since December notice that the upper limit of any rally is going down. If the next rally could not pass 9K then this trend is confirmed. For now, I expect BTC to touch 7K as the bottom of this correction....
Currently trading between moving averages inside of the bull flag, go long at 8660 target 9100-9200 price range. If it gets there and holds 9K next stop is 10400. If it does not hold, bearish count, move down to 8050.
As you can see BTC broke the downtrend line but it might be creating a new one marked with the red line. If this materialize BTC will see 9150 highest in the midterm unless it breaks the heavy resistance at 9 to 10K. 7K should be the final destination in this scenario.
Consolidation is done, btc found the midterm bottom (9000-9100). The lowest it could go is 8800 area (200 EMA) which seems less probable but always possible. 55 EMA curved up and it is now above 200EMA, It is making lower lows and ready for the next run. 11K is incoming in a week sit tight and load up before it takes off. Give me a like!
BTC is about to make its move again. It will probably bounce hard from 8500-8800 support zone. BTC should be over 10K in a week or so.
It is now official that BTC broke the downtrend line (If it ever existed lol). Some slow learning people keep saying we are not out of the woods yet. Really? I guess they will keep saying that even when BTC hits 20K in June. I may not be a very technical guy, but I assure you that BTC is extremely bullish right now. So do not expect it to retrace too much. I...
Big move is brewing atm, I believe BTC will end this bear trend for good. Have not seen BTC bullish for a while, I guess people are sick and tired of the bear market. Get ready and buckle up for either direction! If we cannot pass 8500 over the weekend, then sadly we will be in this pesky bear territory for a bit more. Oh yeah Thumps up is going in! LOL
As you know if you follow me my predictions come true so far. I gave you the target of 7500 three days ago when everyone is waiting for 4K and 5K. I believe we will see BTC over 9K in a week, if and when BTC smashes 8500 barrier. Until then trade between 7500 and 8500 price range. Please give me a like, thanks!
As I predicted in the below analysis BTC popped. I told you guys 5K and 4K are not very likely at all and I gave you the target that 7500 tested. So we even smashed that barrier. We will soon see 8200 and 8500 tested over the weekends. Once BTC passes 8400-8500 area it is official that new bull trend starts. Until then trade between 7500-8050 price range. Peace!
I think very soon we should see the last dip which will probably take us to 5900-6150 rage where strong bounce will change the course of the ship. After that, slow but surely BTC will climb up to 10K area. Maybe, these days are the last days you see BTC under 7K, so get ready to jump in the ship before it sails away.
Why question is important for analytical assessment. Many people calling for double bottom or under 5K, but BTC seems like does not care about them all lmao. I think whales are divided seems like strong whales does not want BTC to be lower than 6K. Although many people shorting and some whales are dumping hard, it is not strong enough to push price down any...
From BTC crash, Ether lost too many blood. It seems it is time for redemption. Surprisingly, ETH look more bullish than BTC at this very moment. The use of ETH blockchain technology is increasing which is signaling sunny days in the horizon, as long as BTC does not mess up lol. Watch the price action when it gets close to the downtrend line and off course watch...
LTC is moving toward to the downtrend line marked with red circle. If it breaks above around 135 with volume and conviction, the new bull circle begins. Until then buy and sell between marked trading zone.
The massive inverse head and shoulders, I see a very bullish BTC this year. People who say under 5K just dreaming for now, look at the massive supports down there from 6200 to 5K. If we were to break down we should have done it by now. However, we could not even break down 6400 which is supposedly not a very strong support. Seems like the Purple trend line still...
Hello everyone. Like I said earlier, we will not be seeing BTC under 5K in the midterm (fingers crossed). So here is the short term game plan. As you see from the chart we will go down as anticipated. First we will probably bounce off of 6200, then revisit to 5950-6050 area for another bounce that would more likely to take us out of this downtrend channel that has...
So this is the road map to next bull run get ready shake off and be a wild animal when you see the price in that range lol. Not sure if it ever get there but 6500 to 5500 is a safe buy. If it drops under 5K it does not matter at all lol, we all screwed. The market sentiment is not promising right now, but this is what the key players want. While you are sleeping...