I recently shared two thoughts on Bitcoin price action to come.. In one of them I call for a retrace to 85K or lower, in the other I call for a new ATH. I know this might be a bit confusing so let's shed some more light on it. Here you see BTC on the 1W Timeframe. I am using the Dynamic Fib Retracement indicator to do some trend analysis based on...
Nice recovery for Bitcoin! It looks really good for an attempt to break the ATH I must say.. This is the 3D Chart. We crossed back above and are bouncing off the light blue preliminary fib line on the DFR , this could be a leg up towards $120,000 but lets stay conservative and say $104,000 is our first target if we manage to break through $101,500. The level...
Where does Bitcoin go from here? In my previously published idea I supported the idea for a bounce from 95k. We did closed above 95K but looks like we are not going to hold it.. According to Fibonacci (using my Dynamic Fib Retracement indicator), if we now close below the preliminary fib line around 95K, this could spell trouble for Bitcoin and result in more...
BTC Analysis (3D) 12/18/2024 It's likely one of these two scenarios for BTC plays out. Depending on the FOMC it could get invalidated but this is what I'm seeing on the charts at the moment. • Slow grind to 120-130k or • Retrace slightly to about 95K where we almost certainly will get SOME bounce, as that is where the preliminary fib line lies on the DFR as...
BTC to $131,000 - $139,500! Bitcoin looks fantastic on the DFR Monthly. Bitcoin will stay bullish for a while. I don't see anything here that's gonna stop it yet. Indicator used: Dynamic Fib Retracement (Golden Pocket) .
The holiday season is near, and it’s going to be tough for Bitcoin to break past the massive 100K resistance wall. Here's what I see playing out on the 8H Chart! 🔹 We’ve retraced to 91K and are now trading around 94K USD, bouncing off the preliminary fib line on the 𝘋𝘍𝘙 indicator (see pic 1). This suggests that the strong downtrend may be over, but we need the...
The holiday season is near, and it’s going to be tough for Bitcoin to break past the massive 100K resistance wall. 🔹 We’ve retraced to 91K and are now trading around 94K USD, bouncing off the preliminary fib line on the 𝘋𝘍𝘙 indicator (see pic 1). This suggests that the strong downtrend may be over, but we need the candle to close first to confirm. There’s still a...
CRYPTOCAP:BTC successfully retested the Fib Golden Pocket on the monthly, which could signify the end of the retracement in Bitcoin's price before breaking the All-Time-Highs. What do you think? Do we make a new ATH from here or does BTC end up making a lower low? Everything is possible in Crypto..
After getting the red diamond (Take Profit) signal on the Dynamic Fib Retracement 15m, we are now forming what might be a bottom as CRYPTOCAP:BTC has touched the Fib golden pocket (blue zone) and bounced up, giving you the green Up Arrow, which is the "Upwards Momentum" signal. Lets see if this Uptrend can sustain! 🚀🚀🚀
CRYPTOCAP:BTC is going up.. Respecting the Fibonacci Golden Pockets!