Ok, a great start we have today for Bitcoin (BTCUSD)...
Sorry, the unstoppable Bitcoin .
Today, we look at the numbers.
Our last target was set beautifully at $29890... Bitcoin cut through it easily, so, where do we go next?
After conquering $30,000, with a candle close above this level (this means that this level is considered "conquered" only after today's...
Where are we?
Bitcoin is the most popular coin at this moment, last time I heard about bitcoin around in Mar the price was around 7000$ but unbelievable 9 months passed, it rallies up to 30000$. This phenomenon indicates that we are in a powerful impulse wave of a supercycle. We can not count wave three as an impulse wave because wave 2 does not comply with the...
I do beleive Bitcoin has seen such a straight up performance it's hard to say if it'll have the 20% correction that's needed to keep moving along at a healthy and not parabolic rate but Im thinking it'll reach down to the support levels of about 25k maybe not and only 26k so thats the target 26k
For those waiting for the future on cryptocurrency, please allow me to burst your bubble.
Cryptocurrency, Bitcoin, isn't really the future... Cryptocurrency is already here.
Bitcoin is here now.
Digital money is already the present.
Cryptocurrency is happening now.
2021 Will be remembered as the year when cryptocurrency made its global debut.
And this will...
Was able to spot this on the Weekly Chart. If price does stall and reverse from the highest point (29890), we can see a good correction in the new year.
So as previously told 28 target was confirmed by me.
Here the following Price prediction for the market as of now.
You Buy opportunity is at $27900 approx. (Basically buy under 28k)
And the see opportunity is at $30600 approx. (Sell above 30k)
"follow the yellow brick road...long, then short, then back to long again . wash and repeat!
Maybe a blow off top first...targets 30k, 31k, 32k maybe before pull back, reset for higher gains.
I believe things are different this time, no real retail sector, no real hype? institution are propogating FUD and scooping up all the coins..
I predict less pull backs...
This is a true and valid analysis... This is the real deal when I mention the $44,000/$46,000 target for Bitcoin.
This is based on both the weekly and monthly timeframes.
There is an analysis that I keep on going back to because it is really reflecting what is happening now and can continue to happen in the coming weeks, the next month.
Based on the trade...
How to Trade a Descending Triangle
Descending triangle pattern is a type of chart pattern often used by technicians in price action trading. The descending triangle chart pattern forms at the end of a downtrend or after a correction to the downtrend. The descending triangle pattern is the opposite of the ascending triangle pattern. This pattern is known as the...
![BTCUSD: BTC forms sub-wave a of C non-standard in [Day timeframe cycle]](https://s3.tradingview.com/a/aQD2v2j1_mid.png "BTC forms sub-wave a of C non-standard in [Day timeframe cycle]")
