botje11

botje11 Updated 

This 'long' term chart still looks bearish, but there are some signs of strenght. The failed attempt to go higher at the arrow at 16.400 was a very weak signal!. But the other 2 arrows show that drops towards low 13K is seen as a good buy opportunity. Volume is also not decreasing, which shows some strenght. A rise above 15.500 suggests the bearish sentiment is...

botje11 Updated 

The last 2 weeks i believe the sentiment around Bitcoin has changed a bit. The 50% drop last week has scared some people. Many people ho have been trading with leverage on Alts have been robbed again with the extreme spikes down. But even more important, people around me who have no experience with the stock market at all, but have with the crypto markets the last...

botje11 Updated 

For the ones who have been followoing me, know i was talking about 2 H&S patterns, the one that was already completed around 12,500. But i saw another one forming, a much bigger one. The right shoulder seems to have been completed already, the market is much weaker than i though. I thought 15K/16? would be reached in 2/3 days. It only had positive momentem for 1...

botje11 Updated 

This is beginning to look very bad now. It's still the same % correction as the last one from the 17K top. But if this drop will continue to the 12,500, than consider it as a very bearish sign! I see the 12K as a very strong support level, but below this level, the doors are open for 9K and even lower! Please read my last analyses for more info, where you can also...

botje11 Updated 

Stop around red area

botje11 Updated 

Bitcoin is loosing momentum, after the last big correction of 25%, from 17.200 to 12.800, it only got 20% than the previous top at 17.200. This correction to 16K (about 21%) is still less than the previous one, so that is positive. It also bounced of a very strong support area (the green area i have mentioned many times before now). So every thing is still very...

botje11 Updated 

US dollar seems to be weakening again (strong signal was the failed bearish H&S on the daily chart a month ago!) Oil prices have broken out on the upside (long term) (2 months ago i already said i was extremely bullish on oil for the long term) Rising intrest rate should attract the Dollar, instead it's going the other way the last year Economy in Europe is...

botje11 Updated 

Look at the similarities, the only big difference, is the 2 lows in the purple area, this time the second drop was lower. So that's a weak signall. But this chart actually shows the bullish version. The yellow zones look almost the same, the purple zone also look alike. But is has to stay above the 15K but even more important, above the 14.500. In the bullish...

botje11 Updated 

Good short opportunity, unless the Bitcoin makes a good upswing again, i expect it to make a bigger correction

botje11 Updated 

Bitcoin is having some difficulties, many alts are outperforming Bitcoin now! So it's a sign that newcomers to these markets, maybe think that BTC is to expensive and try their luck with all the Alts that are just flying sky high. The break of the ATH has been very dissapointing, normally at such a point the hurdle would just follow and buy for the next jump to...

botje11 Updated 

I can steel see allot of doubt in this market, but it is starting to show some strenght again. This is what i wrote in my previous update of the last chart: It's starting to show some strenght again, It had a lot of trouble getting through the red area, the 15.400/15.500 area, what i have mentioned many times already is an important zone. After a drop it just...

botje11 Updated 

My last trade was yesterday when it was around the support area 15.400. But it droppped below it and it became a resistance again. Volume has dropt allot the last 2 days, but the last few hours it has increased a bit since it when up from 13.000. That means there is buying interest againJust like the rise from 12K. The bigger candles (and volume) are from selling....

botje11 Updated 

This Bitcoin is just amazing, it is just going wthe the flow, unstoppable. My target is set at 17.200, when (for the third time in a row) broke out upwards in a bearish rising wedge. But, as you can see in this chart, i expect it will form a big H&S with the neckline around 15.800 and the top around my target. Ofcourse an overshoot is possible to even above...

botje11 Updated 

This is one scary picture, i know, but even if it comes true it's nothing special, only 25% correction. Nothing Bitcoin could ot overcome within 2 days again :). This picture confirmes what i had mentioned in my previous 2 analysis on Bitcoin, the moves are getting bigger and faster. That is normally what should happen in a wedge. Desperate moves, up and down,...

botje11 Updated 

It seems to be making an rising wedge, it dit get above the recistence 11.500, but could not really push higher. If it drops below 11.400 that would be the first confirmation for a short term drop to at least 11.00 but normally to around 10.700/10.800

botje11 Updated 

I am calling it again, lets see if i get it right for a third time in a row, I am especting a big wave doen again now, It starting to weaken a bit, it lacks a a big bounce from the 9900 just now, wich confirms this pattern for me to almost 100%. i dont know yet untill where this drop will take us, dont now how strong the buying hype still is, but this looks a good...

botje11 Updated 

My previous analyses my title was, Bitcoin, the sky is the limit (at 8700). Whats happening now is just insane, no logic here anymore. Most people just dont know what the meaning of market cap is, they just think it's a number. In only 2 months the total market cap trippled from about 100/150 billion to almost 400 now. like it's pocket change :). This extreme...

botje11 Updated 

First target around 8700 was reached easily, now it seems to be breaking out of the 8740 and will probably continue to 9000. My last trade on Bitcoin -0.04% was a loss, i was had a nice profit several times, but i underestimated the strenght of the Bitcoin -0.04% (greed) again. I thought it would drop to at least 7500, thats why i did not close my short position....