Not much data to go on here and volume is a mess but projections for the future look extremely bullish. Once OMI gets move to the ETH network and gets the Coinbase listing then we will see real volume come in. Also its just a matter of time before they announce pokemon on the veve store , I have a feeling that its going to happen after the coinbase listing , it...
The next 61 days will be a critical time for Bitcoin it will either be the restart of the bull market or the start of the bear market. This TA is a zoomed in version of my previous chart that I will link below. It all comes down to the next 61 days , we have a log growth as support and the 2/1 Gann ratio if both of these are broken things could get ugly quick ,...
The path is clear, a rejection of 8/1 Gann Ratio now will push the cycle top to next year for Bitcoin. The key month to follow is November 2021 this is when the bull market will most likely restart on full momentum. The crossing of the 8/1 ratio and the log growth is the key. If we do break the 8/1 ratio this week we can expect the cycle peak much sooner...
Well I didn't think I would be making this TA so soon but Bitcoin always does the unexpected. We are on the final 8/1 Gann Fan. This is the true test. If we do break this ratio and test it as support, we can officially call the start of the final phase of the bull run. As you can see I have set out some Fib Time zones , these have not been tested on count 2 yet...
Three paths which decide the future of Bitcoin . Path to 150k In order to hit 150k by the end of year Bitcoin will need to break the 8/1 Gann ratio soon , everyday that passes under that ratio increases the probability that we will get a cycle peak mid 2022. We have a set of Fibonacci time zone dates (White lines) soon we will be coming up to the first date and...
Price prediction for August 31st 0.00000540-00000545
I have been using the Gann Fan tool for a while now with amazing results and here on this channel for months now going over how important it is to break the 8/1 Gann ratio for Bitcoin to see new all time highs. As of today Bitcoin has broken the 4/1 Gann ratio then pulled back tested it as support and now it seems we could be heading up to the 8/1 Gann ratio. ...
The general sentiment seems that Bitcoin will be going to 20k and that the bull market is over. I strongly disagree until we start closing daily candles under 30K. On-Chain analysis shows that there are more stable coins on exchanges than ever before ready to buy. There is a new trendline that is developing right now and so far we have a couple of reaction points...
We could see some serious Matic movements if we break this resistance, for now its held the 0.5 fib pretty well. If you look at the Matic RSI(4h) readings you can see the we have not been this low since December 2020. Some time in the next 6 days we will get a move.
FIb Time Zone Dates = 18th to 19th July 2021
Messing around with Gann Fans , this reversed Gann showing interesting reaction points with the previous two cycle peaks. Fib Date - 6th June 2022 Fib 1.618- 291k
It is highly likely that Bitcoin will just move sideways in-between these Fibs till about September 2021. Bitcoin Path 1 If Bitcoin gets above the 0.168 Fib and breaks above the 3/1 Gann Ratio by Mid September , it is possible that we get a cycle peak somewhere Mid December 2021 to January 10th 2022 at 150k. Bitcoin Path 2 If Bitcoin fails to break path...
Fib Time Zone date - 12 July 2021 close 25% or 100% at the 0.618. Matic pattern easier to trade at the moment, bitcoin is a mess and ETH is following a channel and mainly pumping at night for me at least EU. Matic looking like the straight forward trade here, you can long matic on Bybit. www.bybit.com
There are a lot of talks about a stock market crash soon but I think quite the opposite is going to happen. I'm using the Dow Jones chart because it has the most historical data. This chart goes back to 1887 , has data from the great depression and two world wars , 1974 stock crash , 2000 crash and 2008 crash . Gann Fan (RSI) I have been trying to pinpoint...
Keep in mind that this chart does not include market cap of Bitcoin Is it possible for the Crypto market cap to reach 50 trillion in the future? I think so with adoption worldwide matching internet growth in the 2000s. ibb.co twitter.com "In terms of adoption, Bitcoin has roughly the same users as the Internet had in 1997. But Bitcoin's growing faster. Next 4...
Tonight the 3M candle closes for the Crypto Market Cap (Excluding BTC) chart and we seem to have printed a gravestone candle , signalling a reversal of trend . If you look at the 3M candle of April 2018 we can see that price did in fact reverse. So what could play out here is price coming back down to 2/1 Gann Fan ratio and testing previous all time high before...
This is an updated version of my previous TA "Bitcoin roadmap" which I will include below. Using the Total Crypto Market Cap (excluding Bitcoin ) chart I have found a potential market cycle top later in 2022 which I go over briefly in "Bitcoin Roadmap" about having a lot of Fibonacci Time Zone dates around that time. Have a look below at this TA how I came up...
This analysis will be taking a look at the total crypto market cap "excluding Bitcoin". The Alt coin market topped out at 1.5 Trillion Dollars before crashing down to about 700 billion and I do think there is still more downside to go with a fairly long consolidation in play. The question is where do we bottom at the previous all time high 534 Billion Dollars...