From 24. 01 .2022 to 10.02.2022 an upward impulse movement was formed, increasing chances for the tendency change towards the growth of quotations. With a high probability the correction to this impulse was completed on 24.12.2022, this is proved by breakdown of the key level 4956965. Together with the pessimism of investors and the technical picture we expect the...
Technical situation in bitcoin is still uncertain, but at the same time we believe that correction from April 2021 is coming to the end. Buy entry tactics looks logically justified as at the moment there is an impulse movement, which gives us a reason to expect the continuation of the recovery (cancellation of the scenario of the exit below 3913900). Plus, the...
With high probability there will be a false-break from the level of 4957000 and quotes will move in the ascending direction. We believe that at this stage, the growing momentum and correction from April 2021 is completed, fixing above 5000000 will confirm this idea. Further we will monitor the situation as there will be a probability of local pullbacks (which...
Bitcoin has developed an impulse movement, which indicates a high probability of further growth of quotations, investor pessimism is behind, there is no euphoria, which additionally indicates a medium-term continuation of the price ascent. It is locally profitable to track corrective pullbacks to buy entry, the goal is to overcome the high of the price near...
Investor sentiment is at pessimistic levels, which indicates either market lows or a near-term reversal of quotes. At the moment we consider two scenarios of the situation development: 1. an impulse ascent of the quotes from the current levels, the confirmation will be the growth above the level of 4900000. 2. renewal of the minimums around 3000000 and impulse...
At the current stage, the best position is to be out of position. At the moment we can distinguish two main scenarios for further movements in bitcoin: 1. The continuation of the decrease in quotations and the breakdown of the local minimum around 3200000, after which we can start looking for an entry point to buy. 2) Impulse building and rebound to the area of...
The key support level is 4330000, until this level is broken through, we consider the current pullback as a correction to the rising momentum from 10. 01 .2021, but in case of breakdown of these marks, it will be necessary to monitor the situation. Investor sentiment is pessimistic and this increases the probability of quotes rise. We allocate TRON as the most...
On January 8, the peak of investor pessimism was updated, which indicates a high probability of the end of the current correctional pullback. Technically, a false break of 4820000 was drawn, which also increases the chances of forming a rising trend. We single out TRON as the most promising coin for the development of a steady growing trend. Also in coin...
From 07.12.2021 till now bitcoin , in our opinion, continues to be in correction to the momentum from 04.12.2021, the probability of growth of quotations in the medium term is high, the pessimism of investors further confirms this idea. Ascent to the area of 5,650,000 will increase the chances of the formation of a stable long trend. We single out TRON as the...
Locally, bitcoin has formed a correction on the uptrend, also a false break from the level of 5.750.000 was drawn, which significantly increases the chances for the continuation of growth of quotations, the moderate pessimism of investors further confirms this idea. We single out TRON as the most promising coin for the development of a stable growing trend. Also...
Since 07.12.2021 bitcoin continues to be in correction to the main upward movement from 04.12.2021, investor sentiment is at pessimistic levels, these factors increase the chances of quotes ascending. On the whole, in our opinion, the situation looks stable. We single out TRON as the most promising coin for the development of a steady growing trend. Also the...
From December 7, 2021 till now bitcoin quotations continue to be in correction and more likely after its completion we will see the price ascent. The pessimistic moods of players concerning the market are additional confirmation of this idea, because in most cases at market peaks the crowd stands in the opposite direction. We single out TRON as the most promising...
Investor sentiment has reached a new level of pessimism after a serious drawdown of bitcoin quotes, which indicates a potential low and reversal to growth. At the moment, the first impulse upward movement was formed and correction to this movement is outlined, which increases the chances for medium-term growth from the current levels. We single out TRON and TFUEL...
Investors are still wary of the decline in bitcoin , which can positively affect the development of the current upward trend. Technically, a false break from the level of 6.358.426 was formed and momentum was drawn, which increases the chances of further growth with the goals of overcoming the historical maximum. We allocate TRON and TFUEL as the most perspective...
From October 21, 2021 till now, in our opinion, a corrective wave to the major rising impulse formed on September 23, 2021 is forming in bitcoin . A false breakthrough (if the price goes above the 6773774 level) will confirm the idea of an ascending movement in the mid-term. We highlight TRON and TFUEL as the most promising coins for the development of a...
In general, the uptrend in bitcoin continues, in the ideal scenario we would like to see a rollback to the level of 6737777 before the quotes' growth continues, but we should consider that super-optimistic investors' mood only indirectly indicates an impending correction, and the ascent may continue from the current marks. Altcoins: We highlight TRON and TFUEL as...
Our expectations concerning the local decrease of bitcoin quotations have not come true yet, but the probability of price decrease remains because the investors' mood is still on the ultra-optimistic marks. What exactly will be the amplitude of correction and where will be its minimum, we will see after its completion. Altcoins: We single out TRON and TFUEL as...
Bitcoin is in a correction phase from 20.10.2021, confirmed by a false break from the level of 7156627. We expect the continuation of its formation, the potential lows of the rollback will be tracked in the development. Investor sentiment is at optimistic levels, which also confirms our expectations for the continuation of the decline in quotations. Altcoins: We...