The price should head down. I'm watching for a 43k low to 49k high bottom. September is a Historic bear month, but not always. I still stand by my October prediction of a run-up. The top of the Market should be 85K low to 125K high no later than February. I am looking at 45K as my target, so I will reassess the chart then to see if we could head lower, If the...
The 50% retracement is about 60k ish, I believe we will bounce from there and hit 66k before a minor pullback. We should start to see BTC move up to ATH in September and October before reaching a bull market to anywhere from 85K to 120K no later than February 2025.
We have 5 waves up and now should get 3 waves down in a corrective wave, then work our way up to 70k in a rally over the next few weeks putting us back on track for a 120k 150k top by end of year. Note if we brake 59k then this is not likely and we all be going up slower and lower 90k to 120k top.
Bitcoin is heading lower, It should see 52.5k or 48k the lower we go the higher ATH will be. I think we will head to 90K or 150K by the end of the year, October or November. then the bear market starts. Basically, this rocket is refueling bounce or consolidation by the end of the week. Wednesday is my bet. for a W or H pattern to form. So now we wait.
BTC will test support at 43k we lost support at 50k so much stronger bears than expected. Altcoins I would hold off until we see BTC above 59K, but I think we are heading to 43k and I hope that's it, but last month I told you we would see crazy dips and highs because of the Governments fighting with Bitcoin and the power fight to stay dominant in USD. The world...
We could be looking at the bottom right now, RSI is very low indicating oversold, also the last 2 waves on the micro time are too close together indicating the 1st sign of an uptrend and pattern change. Watch very closely as we could be about to change direction fast. I'm posting this as a 1st alert to a possible bull run move that should be a classic 5 wave up to...
We are still Bullish but BTC is showing signs that we will retrace to 58K AUG or SEPT, then a consolidation before a run to the top of $120k ATH. Last chart I told you if we dipped lower, then we would rally higher, and now with China, Russia, the USA, and Germany and more joining in, we have Governments playing whale moves that don't even know how to swim....
There are 3 waves we will follow, Green is what I think will happen, Yellow is next, and blue is my last but I would like to see it as it will give a higher top. If we brake 72K without a pullback, we should run up to 85k, if we pull back to 68k, we should see 90k, if we pull back to 60k-62k, then 120K is possible. We are waiting to see what the US does. it...
I believe we are forming the right shoulder now, Bounce is about to happen to 65.5K, then down to 60.8K before consolidating for the next move up. Time will tell.
BitCoin back in Feb 24 started a 5 wave move up. I believe we are going to finish the 5th wave within 10 days, 72K is my target but I would love to see 75K. Because 5 wave move will be done, we will see a 3 wave down as I marked on the chart, and then we will move up to Bull run top 85K, I still think everyone's prediction of 100K+ is just unrealistic and wishful...
We should see a pullback to 61.5k-62.5k before continuing up the trend. Watch for this as we have gone up to claim leverage, and will go down as a retracement in a finishing ABC wave. then a 5 wave up to 70k pending news and events. Have a great weekend.
Because we have not broken the 200 EMA, and are trending down, I don't see this going up, maybe to 60k for a rally wave on fib, but then I see 45 bottom July or Aug, and the last pump up starting around October thru Jan 2025 maybe Feb, we will have to wait. I still only think 85K 95K top of bull run in 2025. I would like to see some consolidation after the bottom...
Every July 4th I put out price predictions of BTC, where we are, where we will go, rallies we will have along with bottoms and tops. I use fib levels + order books + Political agenda + social response with human behavior that is way too easy to predict. For you who follow me, you have seen my accuracy and as I said 50k was always in play, I now move that to...
This is just a note of what BTC has done and is repeating, 100% retrace to the bottom of the waves. Yellow is where it always comes back to before consolidating and starting its next wave. In the last bull run, we can see 100% retracement in 2 tops before marking the bear market. using this same chart pattern there is no reason it will not do it yet again. We have...
I'm watching to see if we break 64K for the real top or head to 59K, no matter what, 59K is the target, and then consolidation and up. If we go down more to 50K we are still in a bull run, below 50K is a bear run, and then 40k is what I look at. Right now the most likely route seems to be down to 59K. Yet another high would be best. It's definitely in a...
The W formation failed to form last week. Changing patterns now show 2 paths. Both result in more downside. First I look at the 30% chance of a small rally to 62k 63K then dropping to 55k 50k rapidly. because sell pressure is still strong and any rally will hit resistance and force a sell-off getting us to the bottom faster. No the bottom is not in, IMO. Next, I...
I see a W forming and oversold BTC pushing me to think we are forming a W and the Bottom of the C wave is in, a weak wave but still in. 50K is not looking strong anymore, but it still can happen. We could also move up to 62K before going back down to 58K just going to have to wait and see, This next move today 26th will tell us. Also, watch for a Big Move 27th...
Bitcoin started a 5-wave trap fake rally and now on the 1 hour has made an M, we will see more down today through Thursday 50K bottom is still in play but the charts are telling me 55k to 58K could be a pivot point to the rally. I need to watch for a few things before making that call.