För att använda chatten måste du logga in.

Bitcoin (BTC) analysis thread

Seb King (sebking1986)
Jun 29 2020 at 09:53
223 inlägg
Sitting on my hands for now. Waiting for it to show its hand some more

If you can't spot the liquidity then you are the liquidity.
Adam Cantor (AdamCantor)
Jun 29 2020 at 18:58
98 inlägg
momo3HC posted:






Hi all. A boring week for me even with almost $1000 from the bottom to the peak of the BTC price.
This week will be only a small update from the last one plus one bullish chart and opinion from Bloomberg. I`m expecting next week and end of the month for more conclusions.
Actual situation. (chart 1)
1. The price is still trying to breach the upside line but still can`t do it.
2. 10 EMA – the price almost perfectly bounced from it again this week and it`s back above (for now).
3. 21 EMA - the price is still above it even without a touch of it.
4. Correlation between 10 and 21 EMA – Despite the Corona drop every time when the 10 EMA is above the 21 EMA and the price is above both we can predict a very good bull period.
5. Parabolic SAR – 9 weeks bullish signaling.
6. Weekly pivot point is $9259.78 – a similar scenario like the last week. Sorry to say it but seems like we`ll end this week below it which can lead to another negative week next week, and remember that almost In the middle of it will be the end of the month.
7. Support and resistance:
7.1. Support:
1st support - $8500 - 50% Fibo and VPVR profile
2nd support - $7800
7.2. Resistance:
1st resistance - $9500-9800
2nd resistance - $10500 – that will be a MAJOR resistance not only for the mid-term but also in a long-term, on the way to the next ATH like mentioned above.

A Bloomberg view. (chart 2)
According to Bloomberg, the narrowest ever bollinger bands suggest that Bitcoin is consolidating for a major breakout. In their opinion, Bitcoin is priming to break out of the upper resistance level of $13,000. At the same time, he says that it is critical that price does not fall below $6,500. For more perspective check their chart.

That`s all for now and let`s hope for a better end of the month than the actual one.
See ya next time.


good stuff here!! very detailed. keep this coming! thanks for sharing bro

momo3HC
Jul 05 2020 at 10:58
219 inlägg





Hi all. A boring week again.
This week i`m going a bit long-term again with 2 charts again.
Can the history be repeated? (chart 1)
It`s not 100% sure that the history be repeated but since now it looks like it`s happening even with some little differences but they`re insignificant. I`ll not say much more and will let you to think about this pattern.

Bitcoin Puell multiple. (chart 2)
This is something really interesting too. Thanks to Glassnode and their Puell multiple (PM) chart we can see a never failed since now bullish signal and even more. We saw this signal in the past is 100% right and now it`s even confirmed cuz the PM line went down to the green zone, then went up out of it, then back down but it bounced almost at the border and went back up. You can check this chart on their site.

Actual PA situation:
1. The price is still trying to breach the upside line but still can`t do it.
2. 10 EMA – the price is perfectly bouncing from it again.
3. 21 EMA - the price is still above it even without a touch of it.
4. Correlation between 10 and 21 EMA – Despite the Corona drop every time when the 10 EMA is above the 21 EMA and the price is above both we can predict a very good bull period.
5. Parabolic SAR – Another bullish week and there`s 10 weeks bullish signaling.
6. Weekly pivot point is $9249.13 – a similar scenario like the last two weeks. Sorry to say it again but seems like we`ll end this week below it which can lead to another negative (3rd) week next week.
7. Support and resistance:
7.1. Support:
1st support - $8500 - 50% Fibo and VPVR profile
2nd support - $7800
7.2. Resistance:
1st resistance - $9500-9800
2nd resistance - $10500 – that will be a MAJOR resistance not only for the mid-term but also in a long-term, on the way to the next ATH like mentioned above.

That`s all for now.
See ya next time.

Bilagor:


Seb King (sebking1986)
Jul 06 2020 at 08:54
223 inlägg
Some great analysis. A real battleground between 9-10k

If you can't spot the liquidity then you are the liquidity.
Pezza
Jul 07 2020 at 14:26
51 inlägg
Not sure history will do it again. dont see the hype behind bitcoin on the rally side at the moment. to many people looking to get in at a lower price. great read tho

Dictiony
Jul 08 2020 at 00:20
231 inlägg
Great analysis mate, I found it very useful. My question is what is your prediction for BTC price for remaining year of 2020?

momo3HC
Jul 11 2020 at 09:18
219 inlägg




Hi all. A bit more interesting week but nothing special.

Last week we`ve talked about history and can the it be repeated. This week i`ll continue with a 2in1 chart.

It`s simple enough and It`s all about Golden crosses (GC) and Death crosses (DC). I`m comparing the 2015 PA and GC/DC to the nowadays one. The GC are green circles and the DC are red ones. If someone don`t know what this crosses means – google it. Also If someone of you don`t know what happened after the end of 2015 lets check the charts. Till now the situation is 1:1 to the 2015, which is very interesting and let`s see how it will continue.

Actual PA situation:

The price is still trying to breach the upside line and now it`s a bit higher than it but nothing significant.
10 EMA – the price is perfectly bouncing from it again.
21 EMA - the price is still above it even without a touch of it.
Correlation between 10 and 21 EMA – Despite the Corona drop every time when the 10 EMA is above the 21 EMA and the price is above both we can predict a very good bull period.
Parabolic SAR – Another bullish week and there`s 11 weeks bullish signaling.
Weekly pivot point is $9093.94 – there`s good signs that we`ll close the week above it, which will be very positive for the next week.
Support and resistance:
Support:
1st support - $8500 - 50% Fibo and VPVR profile
2nd support - $7800
Resistance:
1st resistance - $9500-9800
2nd resistance - $10500 – that will be a MAJOR resistance not only for the mid-term but also in a long-term, on the way to the next ATH like mentioned above.

For now, the next week material will be close to this but a bit more interesting and promising, if something significant does not happen.
That`s all for now.
See ya next time.

Bilagor:


Karlos Fandango (Smith2525)
Jul 12 2020 at 11:29
79 inlägg
I’m hoping it’s bullish, would like to see another push up to $10k… It’s been a while since its been up there.

Seb King (sebking1986)
Jul 13 2020 at 12:09
223 inlägg
Let's hope it is bullish. Needs to break out this tight range

If you can't spot the liquidity then you are the liquidity.
momo3HC
Jul 16 2020 at 18:10
219 inlägg






Hi all.
Like i`ve promised you last week, this week analysis will be a bit more interesting and promising than the last one. It`s in two parts (charts) so let`s get straight to the point.

Actual PA situation (chart 1):
The price broke the upper side of the symmetrical triangle which i`ve showed you almost a month ago. Well, technically it`s already a fact, but I want to see a more significant upper move to be 100% sure.
10 EMA – the price is perfectly bouncing from it again.
21 EMA - the price is still above it even without a touch of it.
Correlation between 10 and 21 EMA – Despite the Corona drop every time when the 10 EMA is above the 21 EMA and the price is above both we can predict a very good bull period.
Parabolic SAR – Another bullish week and there`s 12 weeks bullish signaling.
Weekly pivot point is $9279.63
Support and resistance:
Support:
1st support - $8500 - 50% Fibo and VPVR profile
2nd support - $7800
Resistance:
1st resistance - $9500-9800
2nd resistance - $10500 – that will be a MAJOR resistance not only for the mid-term but also in a long-term, on the way to the next ATH like mentioned above.
Also got to mention that the BTC volatility is at it`s more than an year low. That talks about a significant move soon. Last such low was before the 14K run last summer.
All this points are 100% bullish and seems like Plan A is in play but we`ll see.

2 days chart (chart 2)
This chart is similar to the last week one but… here`s the two differences. First – it`s a 2 day chart but not 1 day (not very popular time frame). Second – it shows only 3 Golden crosses (GC) into the Bitcoin history and all this 3 GCs were 100% accurate. All this 3 GCs were followed from a massive bull runs. Guess what is about to happen right now… a 4th GC! Yes it`s happening right now. 50 and 200 MA are crossing each other and forming GC. It`s not fully formed for me but they`re crossing and it`s almost done. If you don`t see this as massive bullish signal I don`t know what other can be.

That`s all for now.
See ya next time.

Bilagor:


Adam Cantor (AdamCantor)
Jul 17 2020 at 10:49
98 inlägg
good stuff bro. bitcoin relatively stale right now. will chart over weekend and see.

Seb King (sebking1986)
Jul 17 2020 at 14:46
223 inlägg
BTC looking dull at the moment, hopefully just winding up to pop

If you can't spot the liquidity then you are the liquidity.
Karlos Fandango (Smith2525)
Jul 17 2020 at 23:27
79 inlägg
It seems to have been consolidating for a while, we must be due a big break soon surely.

lavis_book
Jul 21 2020 at 10:49
38 inlägg
sebking1986 posted:
BTC looking dull at the moment, hopefully just winding up to pop


True. When do you guys think it will reach $10000 again?

LeBuffon
Jul 21 2020 at 10:56
11 inlägg
It is better for BTC is dull is the new normal and price stabalizes. It can then finally be used as an currency rather than an investment product

momo3HC
Jul 25 2020 at 12:06
219 inlägg


Hi all.
At last some activity for Bitcoin this week. Not much but for now it`s very bullish.

Actual PA situation:
1. At last the price significantly broke the upper side of the 3 years symmetrical triangle. If we close this week at this level the whole candle will be above this triangle which will be super.

2. 10 EMA – the price is perfectly bouncing from it again.

3. 21 EMA - the price is still above it even without a touch of it.

4. Correlation between 10 and 21 EMA – Despite the Corona drop every time when the 10 EMA is above the 21 EMA and the price is above both we can predict a very good bull period.

5. Parabolic SAR – Another bullish week and there`s 13 weeks bullish signaling.

6. Weekly pivot point is $9196.56. We`re far from it so far, so I can say that next week can be positive too.

7. Support and resistance:

7.1. Support:

1st support - $8500 - 50% Fibo and VPVR profile

2nd support - $7800

7.2. Resistance:

1st resistance - $9500-9800

2nd resistance - $10500 – that will be a MAJOR resistance not only for the mid-term but also in a long-term, on the way to the next ATH like mentioned above.

8. Like I told you last week the BTC volatility is very low. Under 40 actually. Like you`ll see from the chart, every time when this happened it`s followed by a significant move soon after it. Despite the corona drop, last such low was before the 14K run last summer.
All this points are 100% bullish and seems like Plan A is in play.

P.S. The 4th Golden gross on a 2D chart into a Bitcoin history is already a fact!

That`s all for now.
See ya next time.

Bilagor:


Adam Cantor (AdamCantor)
Jul 25 2020 at 19:03
98 inlägg
lavis_book posted:
sebking1986 posted:
BTC looking dull at the moment, hopefully just winding up to pop


True. When do you guys think it will reach $10000 again?


i def think we will see 10k this year again.

Karlos Fandango (Smith2525)
Jul 26 2020 at 12:09
79 inlägg
Thanks for taking the time to analyse, it just shot up! Hope the momentum continues.

Seb King (sebking1986)
Jul 27 2020 at 10:39
223 inlägg
Moving very quickly these past few days! Full expect a retrace at some point but hopefully not right back to 9k again.

If you can't spot the liquidity then you are the liquidity.
momo3HC
Aug 02 2020 at 11:55
219 inlägg


Hi all.
What a week for Bitcoin right? Like I’m repeating you last weeks it was imminent to see such movement.
Before the actual price action, I want to summarize the week into a couple of words.
First, we broke the 3 years symmetrical triangle at last and we did it with a significant volume. Till this night drop I was a bit concerned cuz we literally skyrocketed and like I’ve told you in the past, such movement without a correction is not healthy. At second point let`s get to this night drop. Yes, it was significant but for me it`s actually a perfectly bullish. Why? You`ll see from the price action below.

Actual PA situation:
Support and resistance:
Support:
1st support - $10500 – last MAJOR resistance. This support has been tested already with this night drop and done it`s job perfectly. That`s why I’m bullish about this drop.
2nd support - $9000
Resistance:
1st resistance - $12500 – almost the last bigger resistance before the clear skies, accordingly to VPVR.
2nd resistance - $14000 – the last resistance before the 20K test I can say (the last top + VPVR).
Somewhere between 1st and 2nd resistance is $10K, which can act as a support too cuz of the psychological level.
10 EMA – the price is still above it even without a touch of it.
21 EMA - the price is still above it even without a touch of it.
Correlation between 10 and 21 EMA – Despite the Corona drop every time when the 10 EMA is above the 21 EMA and the price is above both we can predict a very good bull period.
Parabolic SAR – Another bullish week and there`s 14 weeks bullish signaling.
Weekly pivot point is $9757.62. We`re far from it so far, so I can say that next week can be positive too.
BTC volatility is still under 40 actually so more movements can be expected.
That`s all for now. Not much may be, but I think it`s explaining the actual situation. Next week i`ll try to go deeper.
See ya next time.

Bilagor:


Logga in för att kommentera .