$BTC has lost the trend.
As per the pattern, the target for Bitcoin price is near around 14K (Bear trend). maybe till the end of 2022 but not sure.
You can trade when RSI on 4h charts falls below 30RSI but avoid holding for long.
An expected retest of channel support breakdown near 38-39K.
$BTC update: 21/3/2022
After 3 months of break down from the previous support a bullish ascending triangle pattern can be seen. RSI, OBV is supporting the pattern for bullish reversal.
If price drops near 37-39K It will be good for us to grab some bags of BTC with SL(stop loss) set at 35K. I am expecting price may finally breaks above 45-46K in April/May...
historically BTC tried to bottom during the end of the first bear cycle year.
Year 2014 (2013 - Bull year):
Bottom: Dec 2014 - Jan 2015
Bottom retest try (after 425 Days): March-April 2016 ie some crashes before halving
Year 2018 (2017 - Bull Year)
Bottom: Dec 2018 - Jan 2019
Bottom retest try (after 425 Days): March-April 2020 ie crash before halving ...
Not financial advice ofc.
take a note:
2012 leap year: something worth to take a note that happens in next year i.e 2013
Bull Market😍: from Jan 2013 to December 2013/first week of Jan 2014 - BTC at new ATH.
Accumulation/Bear Market🥵: 2014 to December 2016. (Big CUP pattern in chart)
note here: 2016 was leap year: next year was 2017.
Bull Market😍: From...
$BTC update. Rising wedge on weekly tf.
major concern rn is $40-$42K levels for Bitcoin. it should hold these levels to make another last bull run. from pattern it seems the long bear market will happen after the final legup of btc from 40-42K. around 70-75K will act as heavy resistance in future too. Green path is expected price movements in future.
BTC important update.
looks like plan is something else., Bitcoin is planning to hit new ATH of 74-75K before crashing back to 48-53K.
chart pattern clearly shows the 3hills and a mountain pattern. and crash after reaching ath will put btc to test the long trendldine too.
BTC was so clever but I m one step ahead of him.
the current pattern above previous long term support resembles the inverse Head and Shoulder on higher tf.
once xrp is able to flip 1.3 this will going to be insane for run. also there are many major partnerships happening rn and also mastercard is one of partner with ripple.
Kindly check my past predictions about doge. I predicted twice different targets for doge and also predicted the top. It did exactly the same in the end.
this time my prediction for doge is that it is going to be top near 2-2.5.
so this is the best time to long doge and hold for 1000% rise.