Is the Bitcoin Bull-Run start?? monthly chart structure!!Technical analysis: #BITCOIN (Monthly update)
* BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame and
break out the falling wadge pattern.
*Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance as support as well as 21-MA for further Upside movement ..
*The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish but need to trading above 21-MA as welfor confirmation for bull run //
* RSI is Trying to break the Down Trend line , if price could break it then it will take momentum from here..
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Bitcoin No Limits - World Takeover Don't Trust The MarketcapHello this is my first post for the future and some bitcoin projections I have been running during the bear market, everyone see it from my view and why this is a pretty historic event happening before our eyes. Biggest financial event in human history to be exact. . not just our lives.
2025
$855,775 Medium | Market cap ($17,971,275,000,000 based on 21m supply) $17.971 trillion
$2,038,869 Parabolic | Market cap ($42,816,249,000,000 based on 21m supply) $48.816 trillion
BASED on today's price of 1 Bitcoin worth $22,800 | Invested amount $2,052 = 0.09 BTC | Return on 2025 $183,498 that's 8,742%.
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2030
$3,471,145 Medium | Market cap ($72,894,045,000,000 based on 21m supply) $72.894 trillion
$6,610,057 Parabolic | Market cap ($138,811,197,000,000 based on 21m supply) $138.811 trillion
BASED on today's price of 1 Bitcoin worth $22,800 | Invested amount $2,052 = 0.09 BTC | Return on 2030 $592,853 that's 28,791%.
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You need to stop looking at Bitcoin based on market capitalization, this is not a technology stock, this is not a company they cannot be compared what so ever.
Its impossible to dilute Bitcoin, Its not impossible to dilute Apple shares.
Fiat money can be printed and devalued renominated, Its impossible to print Bitcoin and create inflation outside of the 21m limit.
Rick Falkvinge explains this perfectly, how do we calculate a 1 billion dollar market cap token?
Step 1 Issue 1 billion Tokens
Step 2 convince a few thousand people to buy each token for $1
Step 3 you now have what wall street uses to value companies economic value, and you probably just realized 100 Trillion in Bitcoin is not 100 trillion dollars, you can have a 1,000 trillion market cap with less than 50 Trillion of fiat value floating around in the asset.
You start to realize the total crypto market capitalization filled with scams was not 3.0 Trillion in real fiat value.
In 2021 at the peak only 176 Billion was the daily volume on Coinmarketcap, if you add in that market caps are not correct it would be less than a 10 billion per day of real fiat currency, its a lot correct but its not near what people thought.
Lets continue the journey and use Visual Capitalist to see what money looks like today.
-Notional value of derivatives is now estimated to be $600 trillion, notional value is another method to use over market cap.
-Market value of derivatives $12.4 trillion
-House hold wealth globally $463 trillion
-Commercial real estate $33 trillion
-Residential real estate $259 trillion
-Global debt $300 trillion
-Global money supply M1 $48.9 trillion M1 includes currency i.e. banknotes and coins, plus overnight deposits
-Global money supply M2 $82.6 trillion M2 is a measure of the U.S. money stock that includes M1 (currency and coins held by the non-bank public, checkable deposits, and travelers' checks) plus savings deposits (including money market deposit accounts), small time deposits under $100,000, and shares in retail money market mutual funds.
-Global Equities $95.9 trillion
-Central Bank Assets $28.0 trillion Fed, BoJ, Bank of China, and Eurozone only
Here we come to the end, where you should now understand even purchasing $1 dollar of Bitcoin can equal a range of multiples more than 10x of market cap pressure if you're measuring it in market cap.
What can we use besides market cap to find Bitcoins value? we can't it has not been created yet.
Further points, sovereign states who purchase Bitcoin and have no plan to make them available to the public market like El Salvador that's another multiples of leverage on top of the original purchase, and unlike derivatives this leverage can be held infinitely just how central banks store Gold bars infinitely.
Still wondering what this is implying after that long explanation?
For Bitcoin to get near a $100 trillion dollar market cap giving it a price of $4,800,000 per coin you could pull this off with less than $10 trillion of real fiat injecting into the Bitcoin economy if 21,000,000 coins are openly traded.
Some factors that will be unknown due to the nature of statistics
- how many coins are truly lost?
- how much fiat will central banks print?
- how many users will be on layer 2s like the lightning network?
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This is why the Bitcoin exchange supply is acting abnormal and its starting to really decrease due to institutions, banks, funds all allocating behind the scenes regardless if Bitcoin goes to $5,000, $10,000 anything under $100,000 is cheap.
Fidelity investments one of the largest funds in the world notices this trend and they have made their decision.
What are pathways institutions are taking to capture this wealth?
- Cold storage.
- Long-Term Equity Anticipation Securities (LEAPS) call options that expire longer than 1 year.
- Avoid futures ETF's or any futures product that does not use underlying Bitcoin, these decay and have management fee's and will greatly reduce your profit. (I found this ETF that tracks Bitcoins price?) forget it don't touch it.
Bitcoin cycles will eventually became a thing of the past once adoption reached maximum velocity, lets enjoy the time we have with it now and respect it till its gone.
Better call Doc Brown when Bitcoin starts to move you're gonna see some serious s***
Bitcoin Cyrcle PredictionShow me your past and i will show you the future.
Bitcoin is back again and is looking forward to the Halving Dates next Year.
In this chart you can see how many days we need from the Top to find the bottom and
how many day we have to invest until Bitcoin skyrockets again.
Enjoy
Bitcoin -> Consolidation Before PumpHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Bitcoin is about to retest an extremely strong previous weekly support zone which is now turned resistance exactly at the $32,000 area.
You can also see that Bitcoin just recently created and confirmed an inverted head and shoulders so I am now just waiting for a retest of the $32,000 resistance and then a retracement back to retest the neckline of the inverted head and shoulders at the $25,000 level.
On the daily timeframe you can see that Bitcoin has been trading in an accumulation range for the past couple of days, I am now just waiting for a break above the upper resistance followed by a retest before I then do expect the next pump towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Bluesky Digital Assets Mega Return PotentialHello friends,
I don't use this platform anymore, but I figured for those still following me, I'd throw this out there as a friendly and helpful tidbit.
Bluesky Digital Assets focuses on the hot AI sector, and could touch 2.9 CAD as Bitcoin goes to 110-112K+ this year.
Enjoy!
BITCOIN | MAJOR TREND SHIFTBITCOIN is showing some major moves since the start of this year 2023. Is this the year of BTC where we witness new highs in making??
On daily tf, the major trend indicator 100DEMA indicates the shift in trend when #BTC breaks above it on 12th Jan.
However some key levels for btc is yet to break. $25500 is the first hurdle for BTC to continue its upward journey. We need a remarkable closing with good volume above this level to consider an uptrend.
If BTC successfuly manage to break above the said level then we can witness 32500$ and 37000$ very quick without major correction.
Let me know in comments what do you think of the idea
Bitcoin's future with GDP day: Will the bulls or bears dominate?Bitcoin Performed both upside an downside sweep and now its trying to make its main move.
with the 3 leg strategy this should be a pump- lots of bull signs which I talked about in video
I also talked about my own bearish bias and why I think this is a jebait
Lots of liquidation cluster to the downside.
The Big H&S that Ive mentioned in 2 previous video is still in play
Thanks for watching
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BTC wants to DUMP more!!Crash still to come!!Bitcoin exited the rising broadening wedge or the parallel channel but the wedge is more valid.
With the drop in price that happen yesterday , today it could continues and make a new extreme or just retrace it backup to the origin of the dump and consolidates there which could be a sign of bullish (0.09%)
H&S still in play that I mentionedin previous video,Still room to dump to create the shoulder of the right side (~24.4)
Liquidity obviously more to the downside but there is (~1600M) around 27.6 due to degen high leverage traders
if you find this informative please Follow,Boost,Share,Comment
Bitcoin Analysis: Key price zones to watch.
Hello traders.
Bitcoin is showing a sideways momentum for now which is fine and was expected to do so. I've kind of already covered this expected side ways action in my Mar 17 analysis where I said it would clear all the buy and sell side liquidity in the zone of $27k-$32k.
Well we never actually reached $32k mark but were close to that.
Now before the Bitcoin price moves up, what I want to see is a nice retracement leg where I can find my entry points.
I've marked two areas to be my point of interest in Bitcoin. First area is between $23800-$24123. Reason is simple. It's the zone sitting at 50% fib levels of the recent expansion from $19k. So it's a bounce back area for me.
The second area where I have my eyes on is $21k-$22k price range, as it offers a discounted area to buy Bitcoin. The said zone is also an unmitigated zone and the chances are high for Bitcoin to tap into this area and bounce.
I'm using a 4h timeframe for my analysis and hence it may take time for Bitcoin to shape out the structure that I want to see.
Bitcoin heading for the tread lineThis chart is inline with my previous charts, that bitcoin might pump in the short term to 40K+ range before an impending global recession
Look at my previous ideas which have detailed descriptions.
I am not hard set on higher 40s btc or the price touching the drawn trendline, since lines can be drawn in numerous ways.
Maybe, good idea to start taking profits 35k onwards until 48k
Note:
1) Not financial advice. Do you own research.
2) I am not buying now, the target range of this chart is my exit point
Bitcoin -> The Final DropHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Bitcoin just recently perfectly created and also already confirmed a quite nice inverted head and shoulders with the neckline being exactly at the $25000 area.
From a weekly perspective everything seems quite bullish overall so I am now just waiting for a retest of the neckline before I then do expect the next push towards the upside.
On the daily timeframe you can see that over the past couple of days Bitcoin has just been trading in a sideways range so I am also on the daily timeframe waiting for a retest of the $25000 area and then the next impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Bitcoin Retraced Backup - Signaling The Next Move - Up Or Down ?Bitcoin/1H Doing a pennant
The pennant after a upside move indicates a bullish pattern that could go to 30K but dont forget the ascending triangle it formed before crashed down. so this could be a jebait too. Ive talked about this in details in video
Liquidation wise we have some around 27.3 (1000M) and some high leverage around 28800.
Some indicators are bearish which I mentioned in Video
Thank for watching and for you support
#BTC/USDT Important Update!#BTC: Closed above $27300. Expecting a short-term bounce here.
However, the price has finally made a new lower low in LTF indicating a change in the short-term trend.
A bounce around the $28k-$29k area will trigger a sell signal.
TBH, Things are still uncertain.
I will hold my BTC and sell on upper resistance levels if it gets there to get into Alts.
Also, to keep in mind, There's a possibility for BTC to hit $40k too but for that, it needs to sustain above the 30.5k level. This is another scenario that I will explain in upcoming updates.
Technically the price is looking to bounce here followed by some corrections.
NFA, DYOR.
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
POSSIBLE INVERSE HEAD AND SHOULDERS ON BITCOIN $9,300 PUMP??How about you guys but I clearly see a inverse head and shoulders with a perfect neckline to perfection. Let me know what you guys think. It looks a lot better and different time frames as in smaller time frames, where it actually shows two smaller little shoulders on each side as well like those small appendixs on an inverted head and shoulders although this goes against my Elliot wave theory analysis, this still looks highly valid
Projecting Bitcoin to $6,400,000 million (10.496 trillion VOL)
Working on creating an accurate model to project Bitcoins future movement, this would not include a market-cap its irrelevant, almost like me giving you a map to the treasure with an X without the path? what would be the point.
To make this simply take the daily FX volume averages from reports saying this can hit $6 trillion per day of transactional volume
Bitcoin as of the last weeks does somewhere around $41 billion of volume in USD per day yes that is 146.34 x smaller than just the FX currency market, not including bonds, equities, other assets.
Take the network price of 1 Bitcoin giving us $11,679 at around just under half the 41 billion you start to see the volume of money on the network is what drives the Bitcoin price.
Next we take the model and expand you start to see even at 5.2 trillion of volume we would hit a Bitcoin pricing the network at 3.2 million, and this would be assuming that the same circulating supply is the same for the next 10 years. The supply will likely reduce and be held offline reducing the daily traded BTC volume on average in the last years adding a multiplier to the Bitcoin valuation, something impossible to try to predict a nation state could turn around today and purchase 500,000 and keep them offline at a moments notice.
Instead of looking at the value of 1 Bitcoin $25,000 is expensive because you're looking at $25,000 nobody who owns gold jewellery knows the price of a 1kg gold bar or cares about the value.
A Bitcoin price of 6.4 million seems too expensive ? when in reality if Bitcoin captures international trade in multiple assets its not even the start of where it could go.
458,495.00 USD is the price of a single Berkshire Hathaway share, yet a share of Nike is 121.10 USD many people can own a share of Nike not many can own a share of Berkshire.
Reference 1 share of Berkshire in 1984 was $1,280 - $1,280 in 1984 is worth $3,685.64 today.
Bitcoin PRE-FOMC Analysis - BTC Struggling to continue upBitcoin/1H is doing a parallel upward channel ( consolidating inside it )
We filled the gap ~28700 but with a doji candle - and has not yet touched it again . these two are sign of weakness for btc meaning down is more promenent
With FOMC tomorrow I think we gonna continue consolidate in that parallel channel today . Some High leverage around 28.4 to take (70M)
There are 3 stops if we start to go down wards that I have mentioned in the video
Some of the things I mentioned in this video will be repeated tomorrow I think,lol
Thanks for the support
Bitcoin Daily - Facing strong resistance now
As we can see from the chart, PA is coming to a point where it is going to get squeezed from a number of places
Still Stuck under the 2.618 Fib circle and with FED on Wed, we could see PA cool off for a bit BUT, this is BITCOIN, 24/7 trading, it may run up to that Long term Resistance.
If rejected from t here, a return to $25K is possible but that would be bullish, as it allows PA to recover some strength
If PA breaks through that line, then I would expect it to then test as support before continuing.
It is impossible to say whats about to happen but one thing I am sure of, the talk of the $1 Million BTC in 90 days is just STUPID. Don't get wrapped up in that. For me, near $40K is possible over the next few weeks IF and its a big IF, fundamentals work in favour. From there, we Will see whats happening
PA is Very overbought on lower timeframes, Daily is approaching that and FOMO may take it further but PA has to cool off at some point before it continues.
While Banks struggle, GOLD is Bitcoins on ly challenger for the title of SAFE HAVEN NUMBER ! but BTC does have a higher % of gain, and people are seeing this
Trade safe