In 2015 $BTC had a similar bullish breakout above the 21-Week EMA, but was rejected by the 50-Week MA π¨
The pump got fully retraced and on Bitfinex $BTC even made a new Low π€·ββοΈ
It doesnβt have to repeat the 2015 price action, $BTC was obviously smaller and less liquid back then, but this is something to consider.
Watch the 50-Week MA closely!
The pump got fully retraced and on Bitfinex $BTC even made a new Low π€·ββοΈ
It doesnβt have to repeat the 2015 price action, $BTC was obviously smaller and less liquid back then, but this is something to consider.
Watch the 50-Week MA closely!
CryptoBullet
$BTC is testing the 50-Week MA π Back in November we broke below this MA confirming the Bear Market. Now weβre testing it, as we always do in the beginning of a 3-year Bull Market Iβm expecting a rejection here and a 10-15% correction. Bears still haveβ¦
The 50-Week MA rejected the price π€·ββοΈ
$BTC
$BTC
CryptoBullet
$BTC 1M chart Thatβs a very nasty monthly candle - Shooting Star at the top (lower high) EMA9 rejected the price in January and now in May π¨ This summer will be bearish for $BTC ππ»
$BTC 1M chart update
Bears tried their best, but were only able to sweep the February low in June-July. So pathetic
Now take a look at what Bulls did in August -> closed the monthly candle above the EMA9 & EMA21! That's impressive
Bears tried their best, but were only able to sweep the February low in June-July. So pathetic
Now take a look at what Bulls did in August -> closed the monthly candle above the EMA9 & EMA21! That's impressive
CryptoBullet
$BTC 1D chart I'm still skeptical of this pump because we didn't hit the CVDD, even missed the Realized price and the timing is off. π However, I will have to turn 100% bullish on December 1st. Until then I'm gonna watch, maybe we'll just print a Higherβ¦
π People ask me if I'm still bearish or fully bullish now, still expecting new lows or not, etc.
This is my main scenario as long as we stay above the 200-Day MA.
β οΈ If we lose the 200-Day MA in October-November, that will automatically put new lows back on the table
This is my main scenario as long as we stay above the 200-Day MA.
β οΈ If we lose the 200-Day MA in October-November, that will automatically put new lows back on the table
CryptoBullet
$BTC 1D chart I'm still skeptical of this pump because we didn't hit the CVDD, even missed the Realized price and the timing is off. π However, I will have to turn 100% bullish on December 1st. Until then I'm gonna watch, maybe we'll just print a Higherβ¦
$BTC 1D chart update
So far so good. This chart is valid
Here's what I'm expecting next: a pump to $85-88k by the end of the month and a 2-month correction after that
So far so good. This chart is valid
Here's what I'm expecting next: a pump to $85-88k by the end of the month and a 2-month correction after that
$OTHERS 1M chart
Printed a textbook Morning Star reversal pattern π
Still facing the EMA50 resistance though, but the way everything is shaping up September could be pretty bullish for #Alts
Printed a textbook Morning Star reversal pattern π
Still facing the EMA50 resistance though, but the way everything is shaping up September could be pretty bullish for #Alts
Unfollow Digital Alchemist and don't buy the crap he's promoting!
ORNN is a scam
PLSGT is a scam
βοΈ Always DYOR! You can trust nobody on Telegram!
ORNN is a scam
PLSGT is a scam
βοΈ Always DYOR! You can trust nobody on Telegram!
Recently I was asked if $LTC could reach a $30B market cap in 2027-2029
I think it's possible. I believe #Litecoin market cap will have to touch that Resistance line at some point.
So my Target would be $36-43B, which is approximately $460-550 for 1 $LTC π
I think it's possible. I believe #Litecoin market cap will have to touch that Resistance line at some point.
So my Target would be $36-43B, which is approximately $460-550 for 1 $LTC π