#Altcoins
The last time the Altcoin market closed ABOVE the weekly SMA20 line was a year ago.
After that there was a 140% rise.
The second weekly close above this line is imminent.
YOU'RE NOT BULLISH ENOUGH.🎯
This is the big picture of #Bitcoin 🔥
🟢 Peak between halving has NEVER missed
🟣 Dip after peak can't be avoided
🟠 Resume must be seen just before Halving
✍️ We are at the moment between Halving.
$BTC won't let you down 🚀
Some thoughts on why this #Bitcoin cycle is more similar to the one we saw in 2021 than in 2017. Firstly, both the 2021 cycle and this one have had an extended phase. In 2021, this phase prevented #BTC from reaching $125K, while in this cycle, it’s holding back #BTC from reaching $500K. As you can see, the 2nd, 3rd, and 4th legs up are still missing in this cycle. Where these legs should be will be discussed in separate posts.
#BTC
Bitcoin is on the cusp of Weekly Closing above the green 21-week EMA (~$61360) for a 2nd week in a row
Not to mention that BTC is on the cusp of Weekly Closing well above the Downtrend (light blue) after successfully retesting it twice in 2 weeks
$BTC #Crypto#Bitcoin
#Bitcoin Bullish Continuation 🚀
The falling wedge is unfolding perfectly on the daily timeframe:
◽️Breakout
◽️Retest
◽️Continuation
Momentum is building!
#Bitcoin is copying the moves of Gold 🔥
It's now forming a Huge Consolidation just above the levels of previous ATH.
#Gold has successfully taken off, so does $BTC in some time later 🚀
#Altcoins / TOTAL3
Bullish cross (weekly MACD) is imminent.
The last time this happened was exactly one year ago (October 2023).
We all know what came after that.🎯✍️
Will update tomorrow + share another important chart you don't want to miss.🫡
#Bitcoin to $105,000 🚀
As market returns tend to diminish over time, this is a conservative #BTC price prediction for the current cycle, based on Fibonacci circles analysis.
Personally, I believe it might push slightly beyond that.
#Bitcoin 2024 corrective wave versus 2019/2020
"Markets are fractal" and similar price patterns can appear across varying timeframes
I find it fascinating the distance between the first major top and the panic spike down is the same
#Bitcoin
Bears are trying their best to push the price down. But bulls are standing strong and holding the price within the bull flag
Breakout coming soon
$BTC - The reason why I am confident that October break-out is incoming is because 5 day Stochastic magically avoided the bear cross and is now at a level not seen since April. RSI is also above 50 and above the based moving average. MACD recently made a bullish cross and now printing bigger histograms with each new 5 day candle. Moreover, October seasonality is highly favourable. Enjoy the ride! 🏹🏹🚀🚀
#Bitcoin Golden & Bullish Crosses Incoming 🚀
Key indicators suggest a major #BTC move is on the horizon, all amidst the U.S. Election Season. 🇺🇸
Are you prepared?
#BTC
Bitcoin has reclaimed the candle-bodied lows from last week and the downside wicking lows of two weeks ago
In other words, a three-week support has developed around ~$62900 (blue)
$BTC #Crypto#Bitcoin
#Altcoins
When people realize that the 2W RSI has recently broken out of a month-long downtrend.
The whole structure looks like 2016 only on a larger scale.
Big green candle for the Altcoin market is imminent imo.