Maybe if there were no institutions/hedge funds in the game, we would blow-off top and hit 100k, but instead, we have seen Wycoff distribution. If this plays out, 33k will be the critical area of support for the next 6 months.
BTC has 4-year market cycles because of the halving effect. BTC had some correction but it is still overheated and needs to cool down more. If the following scenario happens, BTC will drop to 35k-40k range in the coming weeks and will top around +200k in December. Good luck!
Currently, GBTC is cheaper than BTC. Historically GTC*1k/BTC ratio has always been above 1. This is not the case anymore.
Zilliqa launched their main net and enabled sharding and smart contracts in 2019 but the price stayed almost stable. If you look at the chart, there was a huge whale dump at the peak. Recently we see a huge buy volume by the whales. It clearly indicates that the coin is preparing for a bull run. Buy and hold this coin for a few months at least.
If you look at the chart, you see that during bull, there are parabolic rises and small crashes. During bear market, there are dead cat bounces. This works pretty well for BTC, but cannot say the same thing for stock market. In the mega-long term, we are in bull market and hopefully we will stay in this way. Current situation sows that we switched to bull market,...
I draw the lines just for fun. 400k dream:)
Probably you have seen these trend lines before. I don't expect any significant fluctuation in BTC price for the next 10 days.
Noob here. Drawing some random stuff based on 2013 collapse after Mt Gox. 2013 crash and stabilization took about 660 days and -80% retracement. If a similar scenario happens, we should be seeing BTC drops to 3.8k and stabilize around October 2019. I don't belive this would happen. We don't have any catastrophic event happened, instead we hear positive news...
Noob here. I see two paths separating around 9200$
Noob here. I hope I am wrong.
When I look at daily BTC chart, it looks similar to the TRON's hourly chart:) Don't mind me, just follow goldbug:)