btc primary.look for this wave 1 to top out at 45.5k
that's also where the 200 daily simple moving average is, perfectly in confluence with our sub wave 5 target to put in wave (1) on a higher degree.
from there we should in theory see a mean reversion for wave (2) to about 34.7k
the alternative is btc will have a flat correction, similar to last year, where it will move sideways for a month or two, rather than down.
if we do see the mean reversion for wave 2, that is the key entry for long positions on any alts, as well as leveraged longs on btc.
since btc wants to move up, we have to adapt to what the new data is showing us, and as of this moment that data points straight up.
wave 5 could see an extension to 100k+, but i'm being conservative with my analysis here, and giving it a 84k upside target.
better to aim lower, than higher.
best of luck to everyone, let's get it.
Btc1
The scam of the year (BTC SETUP) 🚨🚨🚨So many people are about to get caught in this double zig-zag, thinking that it is a reversal to new highs. I'm here to warn you that we will not be making new highs on this aggressive move to the upside (to 39k) in the coming days, but rather it will be the final phase of distribution before MM dump the last of their bags on everyone. Don't get caught in this trap, as it is going to happen Very quickly. Scalp it, sell on the way up, set your take profits, move your stops up as we go - do whatever you can to protect your capital. You aren't going to want to be a part of what is to come after this big move.
My down side target sits at 23k to complete this Wave (4) correction, but I would not be surprised to see a liquidation wick bypass that 19k range to liquidate as many longs as possible before the real move up to 80~125k.
You have been warned, trade safe.
Bitcoin Bull Market Blueprint - What The Last Leg Looks LikeI've poured every ounce of my being into understanding markets, cyclical behaviors, patterns, etc. I very much believe this is the path for Bitcoin. Wave 5 will resemble wave 1. I expect it to run to the 1.618 fib extension. There will be no retest just like in wave 1, but the level will later be retested as the eventual next bear market bottom.
Everyone expecting prices below $28K will be left behind, and it will force more FOMO and higher prices in the last leg. The sentiment is perfect for it. Everyone thinks the bear market already started, and being wrong is what will make the final bull impulse faster and more furious than ever before.
The trajectory based on the wave 1 bars pattern matches what would be a run to the top of logarithmic growth channel, which all past BTC cycles have topped at. The 144 bars have significance re: Gann. It all also follows a parabolic curve. Getting this published to look back on fondly when I am retired next year. ;)
Not really!!Okay let me tell you what’s happened
Bitcoin shillers (crypto influencers) starting spreading FAKE SPECULATIVE news about AMAZON!!
This news is not official and I’m sure tomorrow the real news will confirm that Amazon is not gonna accepts bitcoin. Why they have to?
They are working on their own token they no need bitcoin or any other scamcoin for their transaction.
The 38k Gap is filled, now new Gap is in 32k level, and it’s where that I think the price will go.
Always do your own research never trade other people Idea.
Rekt in peace
CME Gaps explained - Sunday night suckersI've been exploring CME Gaps for sometime. Here in this chart I go through several of the most outstanding gaps left in the BTC market.
Tonight was a wonderful example of how CME Gaps can lead you astray. Generally speaking, CME Gaps are filled relatively quickly, and or the gap price hovers closely over the weekend, so the fill almost goes unnoticed.
This weekend however, went differently (so far), but not so differently if you look into the past. There is in general gap theory on all charts, but BTC holds many peoples close attention. The last time the CME gap was this large, it slowly but surely filled that gap methodically. Once market makers saw this opportunity (imo), there was an explosive run away gap scenario to take advantage of. Many retail traders observed an opportunity to short once CME began trading again, this is generally not a poor strategy. However, other market makers saw an opportunity to grab liquidity, and they have thus far.
Which other major CME Gap will fill first $49K or $23K? Or alternatively, fill the newly existing CME Gap and remain range bound for another month or so?
25 july : sma200 daily show 44000 technical say bitcoin going to fibo 161% =40.000 (left red fibo on down leg )
if you(CFD,FUTURES) have sell you must put SL on last high and exit near 33700
here are most powerfull place (price on chart)
after speak my frinds, big bank traders we see strong buy coming , bitcoin can touch sma200 daily 44000 ,dont think bitcoin cant back to 60.000
advice : keep monitor on daily chart AC and stochastic simple 7.4.4 , looking for buy in deep , hold min to 39000
Remember the gap in the cme?In financial markets, some conventions, although not too much scientific basis, but magically exist. For example, gap theory, cme has been following the principle of gap ratio filling.
There are several more obvious gaps in this wave of rise. On December 24,2020, cme's btc contract opened high, leaving a gap of nearly $2,000 USD. Then then soared until the peak of $65,000.
After four months now, the bitcoin price has fallen below $30,000, and macd also faces a bottom departure, but where will it be the bottom?
If we look at the gap theory, if the gap is closed down, here is a complete adjustment, if the decline is fast, the macd may form a bottom departure, then. The gap of $23,795 could be the target for this adjustment. Here corresponds corresponding spot price if we follow
Of course, this is just speculation, and does not serve as the final admission signal. We should still respect the market, observe the discipline, and adhere to the right-side buying standard.
Bitcoin True priceHello
This is not price prediction or bottom target
Just an Idea about how much is really “worth” a #Bitcoin
The answer is, The Covid2020 price!
Yes $3k\5.5k
So if you are a bagholder and bought your Bitcoins above this range price, you over paid it!
Goodluck HODLERS, Tether “FUD” is becoming “FACT” while you were busy to hating on Elon Musk.
btc weekend trade idea.double zig zag into the wave b.
target = 39k .
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grayscales average is at 40k, they're gonna get the price up there before dumping their bags.
this idea takes us to their average, perfectly in confluence with the 100\200ema on the daily, right in time for the bearish death cross
weak wave b-> followed by capitulation into wave c (maybe even an extended wave c).
Buy the dip if you want to take a chance this weekend. I'm taking the chance, because that's my job, taking calculated risk for a living.
Let's ride.
Cheers homies.
most powerful place you must buylimit all sl=1500$ trail stop =1500$
if buylimit open, trail stop move sl to open price, disable it and give 7-8 day time for grow (we calculate next
high =39000)
dont close them soon ,like new traders, must be patient and give time for + orders
in posation like this eat SL to TP in 100 posation=
winrate arrow 1(up)=70% TP 30%SL
winrate arrow 2=90%
winrate arrow 3=95%
winrate arrow 4 in 20.000=100%
3angel pattern comesdont fear to put buystop ,sellstop but 100% put SL in otherside last low,high
80% breakup will happen
20% down crash will comes
dont forget on bitcoin 50.000$ is very important price
100% put buylimit on 20.000$ too for hold longterm until new high(new record can take 6 month)
secret= in trade fibo 61% (for pull back) and 161%(for target) is very important
predict=we belive bitcoin must back to 50k then back to down 20.000$ then will start new trend to 100k (W shape)
keep monitor AC indicator (or stoch 7.4.4) on 4 hour chart