


electron_ranger
EssentialThere was a CME Futures gap at just under $117k which Bitcoin came back down to fill. To explain future, the CME Futures market is only open during typical wall street trading hours, so if the Bitcoin price moves outside of that timeframe, there will be a gap in the CME Futures price chart. The gaps almost always get filled and that is what happened this week....
The long-awaited, highly elusive period in cryptocurrency trading is finally here with the Bitcoin Dominance value crossing below the multi-year trendline. This tells us that money is flowing into altcoins or stablecoins at a faster rate than it is flowing into bitcoin. It does not necessarily mean that bitcoin's price is going down as BTC.D can be going down...
The long-awaited, highly elusive time in cryptocurrency is finally here with the value crossing below the multi-year trendline in Bitcoin Dominance. Historically, August is a month for the price of Bitcoin to have a pullback, and the timing of that seems to points towards late August or early September. This is cause for celebration! Congrats to the bulls and HODLers!
There is a clear W formation on the chart with a double-bottom which is very bullish. It's easy to predict a coming bull run in phase 3 of the Bitcoin bull cycle, but the main goal of this post is to identify the potential price targets to secure profits at. I'll be using the fib levels selling: -30% at $670 -30% at $845 -30% at $1020 -Final 10% at $1300 Look...
Key levels are marked on the chart. These are all validated by at least three touches. The pale blue line, that seemingly comes from out of nowhere, is the most significant one because it is the longest running. The ATH trendline for Bitcoin. The choppiness around this level is to be expected. If Bitcoin can gain the fuel to power above here, it'll almost...
Observing the price action between the two vertical blue lines (the '20 to '21 bull cycle), and comparing to the trend based fib extension levels on the left, we have a blueprint for the fib levels that LTCUSD responds to. At the .236 fib, a 24% pullback. At the .382 a 36% pullback. At the .5 a 38% pullback. Then the market got super heated and it blew past the...
As many of you have been, I'm watching crypto prices closely since the BTC jump to $123k, waiting for the next move. Well, today we see that move and the entire market is blood red, except for... Litecoin. The patiently waiting little brother of the "big 3", waiting for his time to grow up and shine. Well today I'm impressed, mr. Litecoin is the only green...
This is a big decision point. If BTC can hold at or above yesterday's low at 115700, then its to the MOON from here. Otherwise... its not gonna be pretty for any and all altcoin hodlers. HOLD THE LINE BULLS!!
This is what I'm seeing. Up, or down and then up. What do you think?
J/k in the title of course but here's a fun prediction. Would awesome if I get it even a little bit right. There's a small cup n handle (blue), with a breakout and retest. That's where the price action sits right now. Zoom out a bit and there's a larger cup (yellow) that could form a handle of it own, and then breakout massively to $19.95 (lols, so precise but...
See the trend lines and fib levels for your resistance and support levels. It's great that Bitcoin is breaking through the blue trend line on top. If it chops sideways here for a while at this level, this will serve as a strong new support level for bitcoin when it comes back down in Q4. I believe $130k is the lowest potential target for bitcoins ATH this cycle....
Like many alt coins, XLM has broken out of a bull flag, then went sideways while BTC's price action wouldn't allow altcoins to go up much, and now it's broken out of a two-month long downtrend. If it's able to get above the cluster of EMA's then the party is on. TP at the fib levels, but keep a little in case it goes for new ATH.
There appears to be an IH&S pattern forming inside of the larger IH&S's right shoulder (see my previous post for the larger one). I've seen this happen a few times and then a break out upwards! Results may vary of course lol. If it drops from here support could be at around $102k and then $100,500.
Solar stocks have taken quite a hit. There are several reasons for that, the biggest is high interest rates. Solar companies (installers) often sell solar by having the end-customer finance the up front cost of the system. When interest rates sky-rocketed post-covid, that made it a lot harder to sell solar for many solar companies, the ones who built their entire...
Spotted a long-term inverted head & shoulders pattern forming over a 7–8 month stretch on Bitcoin — much more reliable than short-term setups. If this bullish structure plays out, we could be looking at a breakout that pushes BTC firmly into price discovery. I’ve included local Fibonacci levels on the chart, though I couldn’t fit the macro one (going from $4k →...
Spotted a long-term inverted head & shoulders pattern forming over a 7–8 month stretch on Bitcoin — much more reliable than short-term setups. If this bullish structure plays out, we could be looking at a breakout that pushes BTC firmly into price discovery. I’ve included local Fibonacci levels on the chart, though I couldn’t fit the macro one (going from $4k →...
My prediction: Next action will be a dip to $60170 Then alt season while Bitcoin stabilizes leading up to the halving and for a few weeks after. This summer Bitcoin will hit $87140 Then the target of $118,000 by year end Looks like $184,000 in first half of 2025.
The 0.618 of the fib speed resistance fan is huge support for BTC. A bounce from this price area would also be a double-bottom at the .382 of the trend-based fib extension. If it bounces here, Bitcoin will retest the 0.618 of the trend-based fib extension. The blue line is just my guesstimate based on the fibs, trendlines, and current positive momentum towards...