BTCEUR trade ideas
Bulish BTC price analysisHi all,
Publishing my first idea here, chose a bulish price analisys prediction on BTC for th next 6 months
Let me know what the experts think. Be kind please, I have been trying to evolve my analytical skills over the last few months with mixed results, but remember its my first time publishing.I appreciate all the contructive criticism and maybe some not so constructive :) Thank you.
Looking at the trend channel initiated around March 2020, which has been somehow respected, i found similarities in price action to the moment we're currently on.
IF history were to repeat itself, I wouldn't be surprised if a strong pullback to the area in the low €40k, repeating the pullback in NOV2020 (both highlighted in yellow) which took the price from 15k to 11k and then rallied up until MAR2021.
This would happen in the coming days, priming things up for a great rally, running until MAR 2022, which would bring BTC's price to around ~€180k(~200k USD), as exemplified by bars pattern.
A more conservative, but bulish approach is projected by the dark blue bars, wich would still bring prices up to the ~€75k area, $86k by Christmas.
Once again, I'd appreciate any feedback, from the community.
Regards,
O
Bitcoin tested 7 years trendline and stay above7 year trendline and bitcoin has tested the trendline and is still above !!!!
If bitcoin don't break the trendline very bullish for bitcoin.
Then bitcoin BTC-EUR shall go to 80000 euro.
Don't forget to push the like button. Thank you.
Current price pattern is showing Dec 13th as Cycle TopThe trend is showing a possible cycle top of €124K or USD $150K sometime around the 13th Dec 2021
This is not financial advice, only my view.
Do your own research before investing.
Short term prediction of Bitcoin price movement €127K or US$149KCurrent projection of the price movement in Bitcoin.
If the pattern repeats the 2103,2017 pattern it could make a target of around €127K or $149K
This is not financial advise just my opinion .Yous should do your own research before investing your funds
BTC next target profits after ATHAfter bitcoin all time high, the geometry could help us. These could be the 2 next target profits in my opinion (64k to medium term and 84k euro to long term)
Bitcoin entering parabolic phase 2021Here is my estimate of the 2021 cycle top in EURO(€)
A simple chart with using the RSI ,Stochastic and Log curve ( Fib Level)
BTC prediction by @TheArmenianBoy on TwitterBTC prediction by @TheArmenianBoy on Twitter.
As we see this prediction is very bullish towards Bitcoin, my prediction which is based on a technical, trend and chart analysis shows this chart where the price of BTC will reach $100.000 USD.
#Bitcoin broke it's old #record (red circle) and made a new all-time high against the #Euro
Predicting #BTC will surpass the $100.000,00 mark before the end of this year - 2021, which is about €84000 - €88000 (green circle)
The OBV chart is also looking promising!
+ Pitchfork, Fibonacci & + used
To The Moon?Bitcoin is crushing the all time high we currently had since this cycle began in March 2020.
We'll see which prices Bitcoin will be able to achieve in the near future, but as long as your indicators aren't showing a change in trend, we'll be able to profit here.
Enjoy
Bitcoin UpdateThis is the first prediction I have done. It's a very very simple prediction of the bitcoin growth in the next two days. IF someone can give me advice I'll thank it
Weekend pumpGoing up to €60k maybe
Correction will be healthy by the way we will climbin up probably
Fear & Greed- Retail sentiment is very greedy.
- CFTC leverage fund positions on long/short is 1:5.
- BlockFi reserve is on an ultimatively low
meaning a lack of institutional interest since march and
the later month.
- All Exchanges Fund Flow Ratio is on an ultimatively low
pointing to less retail volume and larger OTC deals.
- The pump spikes we are observing currently
are caused by large amount of market trades
(executed within very short time frames,
a couple of minutes), followed by tiny amounts
of retail trades.
- All these tether based big market portions of BTC
are not transfered from the exchange still sitting there,
meaning possible ready to get sold quite quick and soon.
Nevertheless, the future is and will be unwritten.
Let's see how it plays out.
BTCEUR 1D Time-Frame after btc had a big down trand in the coming period, it's time btc is come back!
I put 3 lines with the price of the btc to see how bitcoin moves.
1 the highest price btc has achieved was 54,191.66.
2 the btc price's lowest point was 24,000.
for a long time the price also remained nicely between 35,000/22,000,
from 24,816.16 there is a push that btc rises but not 100%, it has gone from the red zone to gray at 35,580.92. I expect a new trend with such a thing. the bitcoin price broke the 35k zone and a new trend started to emerge the gray border turned green. I expect right now he goes high and low, high and low. up to the 48k zone and beyond I think above the highest point of 54,191.66.
leave a like and comment
share your opinion with me
BTC/EUR I just noticed the RSII'm quite new to crypto and TA analysis as a general.. my ideas have played out quite well so far but I guess it's always easy on a bull run.
This afternoon I noticed the RSI indicator has crossed the 70% dotted line. Almost every single time this has happened on a daily chart BTC has dropped the following day.
As to where it could drop, if we close above 74 im guessing it could either drop and bounce on the 74 mark and then continue on its bull rally, oooor it could break down all the way near 70.
We'll see how it plays out.
BITCOIN AT 85.000 $ BY END OF NOVEMBER#Diamond pattern
#Stock to Flow
I believe that BTC could get to $85k in the month of November. Then probably at $100k by the end of the year or at the beginning of the next one. It seems that BTC has finally decided its short term road.
Rising inflation and macroeconomic factors might help this path. I also believe that BTC might grow further...
BTC / EUR testing the last resistanceBTC has enjoyed a two day run since surpassing the 41.6€ resistance.
Yesterday BTC tested for the first time the 44.4€ mark being unable to close above it.
The way I see it, we've bounced back and were we to test it again and succesfully break it, there would be another clear road until the 47 mark.
BTC / EUR Next targetsAfter successfully closing above 37.2 we begin the day with a nice green candle.
If the previous resistance has turned to support we can expect two targets.
A daily resistance would be 38.9 based on previous resistance and support levels that coincide with the 0.5 Fibonnaci retracement.
A weekly resistance would be 40.4 based again on previous resistance and support levels that coincide with the 0.618 Fibonnaci retracement.
My Idea on Euro vs Bitcoin ( XBTEUR )For any longer term investor I have the idea to buying bitcoin around the 0,618 retracement / the 1,618 extention area.
Always remember
- you are responsible for your trading, wins and losses
- i dont give trading advices, this is just an idea
- price may drop lower
- you may loose all your money
- you are unique and important
- to live and t love
Hopefully BTC will close above the cloud BTC has shown strength today performing above 37.2
Hoping it will close above said mark and maybe give the reins back to the bulls.
BTC / EUR Long term Bitcoin on the euro side, high probability play out for the long term, once we enter the green box its going to be trouble to get back above.
BTC shows healthy growthbitcoin shows that currently negative news (even the most negative) does not affect the market so much, this is a good sign. Currently, only a large sale of btc can make a huge correction, so I recommend to watch whalealert and draw conclusions. (BTC on long is still the best investment offer)
