This BTC bullrun can go parablic up to $80k (72k EUR) in April, followed by a heavy correction (25-33%) to GETTEX:48K (43k EUR). Then new rally up to $125k (112k EUR) in 2025 or... all the way back to $28k (25k EUR).
Log scale: weekly RSI now at 50 and BNB-USDT is entering the narrowing edge where the chart has to decide. Down will mean lots of pain, with a potential fallback to $40.
In this chart we start to see a pattern based on the halving timeframe with quarterly subdivisions.
DigiByte made a double bottom and has huge potential. With a 21,000,000,000 max supply this is possible.
See the matching periods. The ignition phase of altcoins is now by far stronger than 2017. Can this be the prelude for an altcoin Cryptmas?
We are closing in on old level before strong bullish correction period that brought us back to 13,600 USD. That level is around 6,300 USD. Price could push a little through that bottom till 6,000 USD. When 6,000 breaks then we are back in a deepening bearish market.
This prediction is drawn on the Bitcoin Liquid Index on a logarithmic scale with the halving cycles visible. It shows that next longterm price top will be end of March 2021 at around $76,000 USD.
Looks like altcoin dominance will hit lowest point this month of May, full escape maybe in Nov.
We didn't set a firm double bottom yet, it will take two steps down to get there.
Ravencoin went parabolic last two weeks and is now falling. Target drawn for Ravencoin (RVN/BTC) with a possible bottom at 470 sat.
At this very moment Bitcoin is trying to break the $4,200 price point. The last time BTC touched that price level it failed to break out of the longterm bearish triangle. The period after that was rather flat, we could call that the awaited second bottom. The coming days will show if Bitcoin will rise above this privce level and if so it is a strong confirmation...
BTC/USD price chart is rather flat the last days, but the chart is moving to a moment of divergence. RSI 4h is climbing above 50 and could push a bullish breakout before Feb 9. The climbing On Balance Volume (OBV) is a bullish signal. They all come together this week. The ice is thin till March 15.
BTC/USD will move sideways in the coming days. Week 14 and weekend before is critical. The RSI 4h indicator came down to the sub 30 range. In the narrowing wig RSI won't easily escape from there. OBV is following the critical path. Next low can be $3,100. If so, then a double bottom is set. Wonderful things can happen from that moment.
ARDOR against BTC price is gently pushing through the ceiling, RSI broke out and OBV is moving up from long bottom slide. Could be start of bullish period.
BTCUSD Price, RSI and OBV indicators must show divergence in 24h
EOS will retest bottom based on RSI
We are closing in on $3000 a level that was an old top before price chart went parabolic.