BTC may see a quick dip to 54k to fill the last CME gap before Bulls get the fuel to continue on the run to 70K and beyond.
Are we seeing the formation of an Adam and Eve pattern on the Bitcoin daily chart?
Here is a ghost pattern of the March 2021 pump as we had an almost identical selloff at the end of futures week, with a bounce to test the resistane. could we see a repeat ? matches up with the fibs :)
BTC formed a small inverse head and shoulders and is making its way through previous resistance and support levels.
BTC is teasing us with a breakout on the 4hr. We lead to a big move if we get confirmation.
A possible inverse head and shoulders is forming on the 1hr and 4hr $BTC charts. possible long with a target just below the previous all time high
Taking notice of the dumps and pump between CME futures expirations.
Just posting this to see if it plays out anything like this. chances of it playing out like this are slim, but this is crypto.
possible consolidation for the next couple weeks for BTC? I overlaid the Jan consolidation period for an example of how things may go. I think as futures expire in a. few days selling pressure will be gone and we go up, but who knows, this is crypto :D
BTC looking like it's exhibiting some Bullish divergence on the 4hr. small W pattern on the RSI. are we going up to 50-52K?
A lot of folks don't like to trade using RSI, but I have found it has been a great indicator for bearish and bullish divergence. In this case it caused BTC to drop out of the ascending triangle/wedge. Looks like a 20-30% pull back to ~$42,000 before consolidation until end of March maybe?? Toughts??
BTC is in a huge rising wedge heading straight to ~54k. BTC has a habit of breaking UP out of rising wedges which are usually bearish patterns. BUT RSI is pretty high recently on the daily/weekly so we are due for a small pull back to get more energy on the run to 62K next month.
BTC is in a giant symmetrical triangle and looks to be signalling to make a move either up or down this week. Specifically I have my eye on Wednesday.
If bitcoin repeats last month's growth pattern we are on our way to 15-16K before 2018
I believe BTC will hit ~5280-5300 very soon before correcting to 4500-4300 then around the SegWit 2X hard fud another dip then upwards and onwards to 7K
Bitcoin hit an all time high today, trading over $5,300 USD for the first time. A possible retrace is in order to about 4500 or so, then upwards and onwards. Congrats to all HODL'ers
BTC heading to 5300 and I expect a retrace to about 4500, then onwards to 6k
Let's see how this plays out on the daily. small dip with 2x fud coming in nov, then 7K by 2018?