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Topic: 🏵 BITCOIN: 🎉New Year > 💫New Cicle > 💰New PUMP? (Read 161 times)

newbie
Activity: 62
Merit: 0
With every new year expectations are growing and everyone expects the best year so far for Bitcoin, 2017, to repeat. Like every new year is a new start for Bitcoin.
Although we have some positive trends on the market and price growth that came near 10000$ I don't think we can speak about bull run that will bring the price back over 15000$. I think that we might expect price over 10000$ in the next half of the year but I don't expect miracles and I wouldn't agree that future of Bitcoin in terms of price predictions is so bright and clear.

I appreciate your opinion, but there is one thing that must always be considered, that is that the growth of BTC is always exponential (as you can see from my TA), although the top of the 300k by the end of August 2021 may seem fantasy, but it is not so.
Many traders of my knowledge and experts in the sector (some have declared it in public) are firmly convinced that by the end of the year BTC will make a new ATH between $ 50k - $ 100k, we are talking about mathematical calculations based on statistics, probability and prediction of the trand through FA and TA.
As you can see from the graph, the BTC low was $ 6.430 and after 52 days it reached $ 9800, although + $ 3.370 (+ 50% growth), if it continues in 350 days (about a year) BTC will definitely make a new one ATH (about $ 25k) but knowing the trand and the impact of FOMO in the BTC price I feel confident of putting my Take Profit at $ 50k / 75k / 90k / 100k
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
With every new year expectations are growing and everyone expects the best year so far for Bitcoin, 2017, to repeat. Like every new year is a new start for Bitcoin.
Although we have some positive trends on the market and price growth that came near 10000$ I don't think we can speak about bull run that will bring the price back over 15000$. I think that we might expect price over 10000$ in the next half of the year but I don't expect miracles and I wouldn't agree that future of Bitcoin in terms of price predictions is so bright and clear.
newbie
Activity: 62
Merit: 0
💎 BE READY!!💎  BTC will surprise us again.🔥

Here My Prediction (Oct 27, 2019) and Here My TA (Feb 07, 2020) or here Ackermann's Earning Channel

👨‍💻 My Opinion:: Winter is over! I have currently opened leveraged position on BTC (20% of my capital) and one in spot (50% of my capital) and I decided to buy NEO, BNB, ETH, XMR on spot (10% of my capital), I am ready to hold my cryptocurrency for many months!

📊 What is my reason? My current strategy is to distribute my trading capital in:
    - 70% of my capital in cryptocurrencies
    - 20% of my capital in gold
    - 10% of my capital in renewable sources

In my opinion of the world economy I am firmly convinced that Crypto, gold and renewable sources will have a great future unlike other sectors that may collapse, the world economy is in a stalemate (this is the my personal opinion) I don't really trust my capital in FIAT, so I prefer to invest in something safer like gold, decentralized like crypto, and innovative for the future like renewable sources.


Conclusion: As always, this is my personal opinion, it is not a financial advice!
Even if the future of BTC seems very clear (bullrun a new ATH) this does not mean that you will get 100% safe profits, play your cards well, get informed before investing (fundamental analysis) consult with other traders and watch the trends of the charts (technical analysis), and analyze the current situation from a rational perspective!



Good Luck 𝓜𝓪𝓻𝓬𝓴𝓿𝓼  𝓡. 𝓐𝓬𝓴𝓮𝓻𝓶𝓪𝓷𝓷
newbie
Activity: 62
Merit: 0

- Falling wedge [80%]: in case the wedge has already been broken at $7,500 with this price movement, then we can expect a strong pump (or a possible downward channel), if instead the resistance of the wedge has been touched at $8470 then it is possible that the price makes a small correction (no more than $ 8k) and then breaks the pattern vigorously or goes down (due to the Stoch RSI that seems to be ready to go down along with the price) still forming a new low on the MA 200 of the Weekly TF but it is very unlikely.


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It seems I was right, after a brief consolidation of the Bitcoin price between $8k and $8.1k the price of our favorite cryptocurrency broke up with great power and positivity, I am of the idea that this 1D candle will close with the price above $8,700; but I will feel safe only when the price confirms the $9k with a 1D or 1W candle.

BTCBTCBTCBTCBTCBTCBTCBTCBTCBTC RIGHT PREDICTION BTCBTCBTCBTCBTCBTCBTCBTCBTCBTC
newbie
Activity: 62
Merit: 0
Here my TA

👨‍💻 My Opinion: In the last few days BTC has shown us to be strong, the year seems to have started on the right foot!

📊 But what will happen now?
I am currently considering two 2 options:
- Falling wedge [80%]: in case the wedge has already been broken at $7,500 with this price movement, then we can expect a strong pump (or a possible downward channel), if instead the resistance of the wedge has been touched at $8470 then it is possible that the price makes a small correction (no more than $ 8k) and then breaks the pattern vigorously or goes down (due to the Stoch RSI that seems to be ready to go down along with the price) still forming a new low on the MA 200 of the Weekly TF but it is very unlikely.
- Downward channel [20%]: In case the price should reach $9k and find resistance, it is possible that the price may drop again if it enters the Ichimoku cloud, if this were not the case the falling wedge would be confirmed with upcoming pump!

Conclusion: I'm very positive, I think the price will go back to between $ 10-14k by May no matter what happens now. 🤑
As for the red Ichimoku cloud on the 1D TF I don't think the price will stay in long so within 2-3 days I expect the price to reach $ 8.8k or go back to $ 7.9k again.
The important thing is to have a plan and always follow it to the end! because in tradig the roads are always two: Up or Down / 50 - 50


Good Luck 𝓜𝓪𝓻𝓬𝓴𝓿𝓼  𝓡. 𝓐𝓬𝓴𝓮𝓻𝓶𝓪𝓷𝓷
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