Moving Average 44 and 444 on the 4 hour TF acts like a secret sauce. When they cross, I call it the Bazooka Cross cause they freaking powerful. We are nearby such a cross or do bulls manage to avoid it? I think yes! Decision weeks ahead for BTC to prove it is not a one hit wonder!
I see markets are like a song and they create a vibration which can be visually observed as trend curves going up and down an equilibrium. Price has a tendency to move inside the vibration which would be low energy state. Now when the price breaks outside the vibration, which I term as a deviation, this has an important impact on the future structure of the...
It is mid week and 9k got bought up like slurping a noodle. A good reversal candle the previous week. If by this week end we go up, it is highly likely the continuation of the bull trend.
The chart is pretty self-explanatory. I have further provided the support zone and the resistance zone it is targeting. This will play out pretty quickly BTC style. Enjoy the volatility guy.
Okay this is too good to be true, but charts seldom lie. Applying the principles of vibration to the Bitcoin market, it is quite evident that the price of Bitcoin is aiming 1 million by Q3 2021. However it is hard to personally believe this, so sharing this analysis for the community's feedback. Time Cycle - 34 Days and 5 days gap for the next cycle to...
Time cycle of 34 days is perhaps most important to Bitcoin I have found. And it has been giving gaps to the multitude of 5 days before changing from one cycle to another. As per the current cycle we are in and the important fundamental of compulsory retest, this curve is awaiting a retest, which makes me predict a high of 40k by August. Along with the angles of...