Day Chart indicators (macd 90,30 and stoch) show that the downward movement has indeed not been completed yet as long we close under 12k, with the last move 9k-13k showing weakness now. Resistances on 10k seem accordingly weak and possibly could break. weak reaction at at the .38 retracement level. Last possible consolidation zone at the daily 200 moving average...
After strong countermovement from around 9500, the bitcoin seems to recover. After breakout over 12k level, we see an upwards directed flag, possibly indicating a bullish continuation with direct breakout over 13100. Alternative scenario is fallback to 12k.
The correction coming from 20000 looks like it could end soon, hitting a low around 11500. After building a stronger support around 13000 the last days there are good chances for a move back to 20000. However, there is still the possibility to be considered that there could be a move down to 9000, because the uptrend from the correction makes a weaker impression...
After hitting the Resistance Zone around 15000 the Bitcoin shows a possible bullish continuation pattern with a breakout. Short fallback to 13000 hitting the Support Level is also thinkable, followed by a breakout leading to 16000.
With the higher volatility it's increasingly difficult to say where the bitcoin is going. We might see the building of a double top (or shoulder head shoulder pattern) around over/under 20000. After that it's from a cyclical point of view possible that we enter a phase of technical correction, leading to 13000 (if even, in case the strong uptrend is just...
78 % in 14 days? Unusual you say? You're probably new to bitcoin, welcome. Let's just get a bit crazy on the chart and think the bitcoin way of price acceleration, shall we? Let's just project the last rise of 163 % in 54 days into the near future! So, lets make a quick 10,000.00 short to what you think, 9000? If you're not new to the bitcoin you might think this...
After reaching the new ATH of 7900 there is a possible correction which would lead to 6200 or possibly 5200, under 5000 we might see a price reversal back to 3000 (old low) which i think is not very likely at the moment. If we come over 7100 in the next days sustainably, the long scenario could continue directly before the correction ends. Old Price target...
the next days (mid or end of the week) the BTC will leave the bear channel around 4000, if it happens earlier without a small correction it would be a massive long signal which could easily lead to 4400 within hours. fake breaks followed by a sharp recovery in the other direction lead to breakouts in the other directions quite often, that can be observed with a...
Based on trends and historical data from the BTC/USD there might be a bullish scenario. But there are almost only bullish scenarios, still we should be open for a bearish continuation, perhaps with a price range around 3500 or a slowly decreasing price over the next days. However, if the bearish trendline is broken, which falls together with the 4000 mark, we...
Recent hits might be enough to bring down the bitcoin to its normal level towards the EMA 200. Trend analysis on the 1 hour chart is confirming such a move. Price target could be around 3200. Since it is not entirely clear where we move and how fast, it's probably better to stop trading for a while until there we see a real trend establishing again.
The Bitcoin is following a strong upward trend channel. Long position at at the current price (~4600), stop level ~4400, take profit level 5200. After reaching the 5200 goal, fallback to 4600 or lower. Could possibly also break out towards 6000, but looking at the chart i think it's too early for such a move, except there is something the news. Just my personal...
After bouncing from the 5000 resistance the bitcoin will slowly work its way upward the next week and crack the 5000 psychological barrier, after it is clearly broken, potential long position with targets 5200 and 5400. A historical moment (again). Compared to the 4500 trend from August 17th slow MACD trend looks weak right now, buy signal still intact, and...
After showing strength after the next V-Formation last week which lead to 3600 the BTC remains strong between 4200 and 4400 with another lower volatilty phase. Likely the price will drop a bit before the next bigger uptrend but since the BTC remains strong it is unclear. In my opinion it isn't a good idea to short the BTC in this market phase before the market...
The bearish impulse lost already some of its dynamic, still the Bitcoin remains strong and might even come back to 4200 again (possible short position), after which it will fall to 3800. After that there might be new entry positions, however, i still favor a short scenario with a price target of 3600 (or even lower, maybe 3400 or less). After reaching this point...
Ladies and Gentlemen, i present the obvious Death of Bitcoin . Many expected this moment coming and now it's there. After the next smooth journey to moon, or the next journey to let's say $5,000, $7,000 $10,000 (?) the bitcoin will die a sudden death (and with it many more). This will be the point where greed will win over reason, being the moment all the world...
The Bitcoin might bounce off from the 2800-Support, eventually it will even fall back 2700 and break the trend downwards for a short time. However, the trend remains strongly bullish. If the 2900 Resistance is broken, it will move up to 2940 quickly and from there the new All Time High 3000+ is already in reach. Only if the Coin falls back to less than 2650, there...
The Coin has not yet decided where it wants to go. However, i favor a long scenario with probably 2740 entry price, if the coin doesn't reach this point again after clear short term upward movement i wouldn't touch it. if it falls under 2650, the coin will start a longer movement towards 2500 and could take a few days to recover. otherwise, if the 2850 is clearly...