Following my previous post we are on a track to the final goal. P.S I am working on my prediction algorithms that based on real time BIG orders fulfilment to predict short tern price prediction just for a speculations trading :-) I would like to invite everybody who are interesting.
My vision about global Bitcoin for next 2024 - 2027 years
Friends! Time to be careful again. Who watched my previous stream should have good positions in Bitcoin at level 44495 usd and 42760 usd. Currently we can sell them at 51500 having profit 15% and 20%. My congratulations! At this moment Bitcoin is under strong resistance level and I recommend to buy from correction levels at price 47200 usd and 45000 usd. Be careful.
Friends! Time to be careful. Bitcion is weak to breakout resistance below and we need to go down to get more power. Personally I sell all my BTC (you can protect with STOP) and ready to be at levels a marked with green.
Hello friends! Considered for you the current situation on BTC . I told you what strategy to trade in this situation. I shared the proposed scenarios. Happy viewing! I would be glad to receive feedback.
LTC/USD Bitfinex Price: 256$ Order: Long 40%
IOTA/USD Bitfinex Price: 1.86$ Order: Long 20%
BTC is still under consolidation above 56000. We should have very good positive news on background to make consolidation above 56000 happens, otherwise there is a big probability to the level 51200.
For growth, BTC need to consolidate above 56000. We are lower and therefore, according to the indicators, the target in this case remains the level of ±52000. Total: now two levels stand out - from below you can see the support collected by the bulls ≈ at 52000, from above the resistance ≈ at 56000.
Globally Bitcoin is in correction phrase. According to the past Consensus conferences Bitcoin price grow up +23% (2015), +10% (2016) and +69%(2017) during 1 week right after conferences took place. Not sure how Consensus will be effect on Bitcoin price today. Please share your thoughts.
Bitcoin could not hold above 8652, accordingly, we are still in the correction zone. 12h timeframe confirms that the correction is not broken. I expect that the correction will be down to 7700-7800 (the end of wave C).
Based on Elliott wave analysis - we are at the beginning of the 3rd pulse wave. If we pass level 1.50 usd - it will add more confidence that we are exactly on the 3rd wave and you can buy a coin. It is supposed to rise to at the 1.168 FIB level of the first wave, i.e. in the area of 2.00 usd. Profit plan to fix at the peak of the 3rd wave ( the level at 1.618...