


OptiPulse
I think ETH is currently in a consolidation phase and will eventually break out vs BTC. It may gain 77% value vs BTC over the next 4-5 months. The process may be a slight upwards movement and spike up around the beginning of July this year.
See title Target is blue box.
Think Bitcoin is bullish now. Whatever the fed said today sent stocks skyrocketing.
I don't think we'll see any major pullbacks (around -30%) until we get to 100k. This is just a guess based on price action starting Dec 2020 until now and using Fibonacci retracement & extensions.
I think the low is in. Retested the 21 daily ema + consolidation pattern.
I think Bitcoin will test the 21 daily ema today or tomorrow and rally off there.
In order for Bitcoin to maintain a parabolic rise, the angle of each trend or pump has to increase. The first trend to second trend increased by 7 degrees and increased 6 degrees from the second to third. If this pattern continues then, next trend's angle = previous trend's angle + (previous trend angle change - 1) If we use this idea plus the idea that price...
This is just my guess! I think we will reach new highs and see another correction. I thought this was a double top, but we wouldn't be here right now if it were, imo. Also I looked back in Bitcoin's history and double tops do happen, but rarely.
Daily RSI has a bit more room to go, but I don't see this going much higher than 60k. If RSI is rejected at the trendline and bitcoin puts in a double top, then I'm expecting price to play out the bearish divergence. Maybe even going as low as 35k to test the 21 weekly ema over the course of about 20 days. Just my opinion, GL.
See chart, I explained my thoughts there. Also if you look at the ADABTC pair, it looks like it's bottoming out. I think there's a good chance for ADA to wake up from this consolidation once Bitcoin starts breaking out, which looks likely.
Might be another dam ascending triangle boys.
Ultimately depends on what Bitcoin does, but we could see 80-86c ADA if Bitcoin dump to around 43-45k this week.
The last consolidation period had one touch of the trendline and then breakout. If Bitcoin is still parabolic, then the consolidation period may be ending soon if we draw a new trendline with a higher slope. On the flip side, If Bitcoin does not break out next week, then it is at risk of going to about 40k to test the lower trendline. All my opinion. Good luck.
Not until we break above the right shoulder above 13350. Just my opinion.
The ADABTC pair looks like it's bottoming out soon. Maybe we get a stab lower to 21's, but I don't think we'll see a breakdown. Just my opinion, good luck.
I think Bitcoin along with traditional markets has a little bit more downside. Then up big time. PT: Blue box, ~41K Invalidation: above 49500 All my opinion. Good luck.
US10Y is still sitting at resistance. Stocks may be hesitant to pump further here and may even dump again. I don't think we're about of the woods yet. Just my opinion.