Topic: Trade mastery - page 2. (Read 295 times)
Everyone is still bullish on the current state of bitcoin and no one is anticipating for a big fall in the market now. Going to as far as $135K can be said by anyone base on what they feel and think of the market, but sometimes without a technical explanation to it, it will just be a mere speculation like any other person can speculate about the market. The market will make its own moves and we just have to know that it supersedes that of every other persons speculation. We just have to wait and see the next direction of the market, we only can keep speculating until we see the market direction in the anticipated time OP is projecting the price to be.
Also, what do you mean by "channel"? I’m sorry, I just don’t quite get it. Could you explain that part a bit more?
Channel is more like a double trendline that the market has been respecting for long without breaking. Op just went straight to his point because he expects everyone on this board to be familiar with those terms.. Bitcoin is still bullish. If you view it from a higher time frame like the monthly or weekly, you would see that price is stuck on a bullish zone more like consolidating and I don't think it will be breaking down too soon. Though from what I seen now, we might drop below the $90k mark by next week but it won't last long.
Yes, maybe that will happen and bitcoin will experience a correction, I wouldn't even be surprised when bitcoin returns to near 80k. However, this is just speculation from the analysis carried out. However, in the end bitcoin will go back up and it might not take long to be able to touch the price that we have been discussing, namely bitcoin could touch 150k.
Also, what do you mean by "channel"? I’m sorry, I just don’t quite get it. Could you explain that part a bit more?
Channel is more like a double trendline that the market has been respecting for long without breaking. Op just went straight to his point because he expects everyone on this board to be familiar with those terms.. Bitcoin is still bullish. If you view it from a higher time frame like the monthly or weekly, you would see that price is stuck on a bullish zone more like consolidating and I don't think it will be breaking down too soon. Though from what I seen now, we might drop below the $90k mark by next week but it won't last long.
Top of the channel by end of first quarter 2025 is around $BTC 160k
Average returns for the first three months of the year would take bitcoin to $135,000
As long as price rides within this channel it suggests a healthy sustainable bull market trend.
Bullish on bitcoin.
Average returns for the first three months of the year would take bitcoin to $135,000
As long as price rides within this channel it suggests a healthy sustainable bull market trend.
Bullish on bitcoin.
It seems you are interested in Bitcoin future and technical analysis.
Most experts expect Bitcoin to trend upwards this year, especially in the first quarter. This could be based on the overall market sentiment, economic conditions, and investor confidence in Bitcoin. If your readings are correct and this trend continues, this could be a strong year for Bitcoin.
By "channel" I assume you mean a chart pattern in technical analysis. In this chart pattern, the price fluctuates between two parallel lines (support and resistance). If the price rises above the upper boundary of this channel, it could be a bullish signal. If the price falls below the lower boundary, it is a bearish signal.
No matter how optimistic I am about the current market conditions, we still have to anticipate. Don't let us forget that price movements will be difficult to predict when the largest bitcoin holders are institutional. We are truly in a cycle that cannot follow the cycle like the previous 4 years. My assumption is that corrections will always come in unexpected ways.
The channels the OP is talking about seem to be aimed at social media groups he is a member of which makes his argument unclear.
The channels the OP is talking about seem to be aimed at social media groups he is a member of which makes his argument unclear.
As long as price rides within this channel it suggests a healthy sustainable bull market trend.
Bullish on bitcoin.
Can you add more details about this channel i.e. how did you calculate the average of $135,000?Bullish on bitcoin.
The assumptions based on the rise of Bitcoin indicate that according to historical data, it may not be positive in January, which means that the average may be less than $135,000 even if we reach the $160,000 levels.
Theres gonna be changes but I can see how bullish you are. Thats pretty high, but I cant say it wont happened since before we are on 60k and some didnt expect btc to reach 100k but now he is just waving back and forth with that range.
Are you referring this forum as channel on telegram? Probably thats what you meant by channel right.
Are you referring this forum as channel on telegram? Probably thats what you meant by channel right.
Based on the historical 4-year bull trends. One would say that the market is still bullish, with 2025 being the year Bitcoin tops the charts once again. But one thing I noticed is that this recent bull run, things have been a little different. BTC smashing the all-time high last year and the entry of institutional players in to the crypto industry. I won't be surprised if things continue to be a little different from now on.
I understand you’re bullish on Bitcoin, but could you share some technical analysis on why you think it would rise to that level?
Also, what do you mean by "channel"? I’m sorry, I just don’t quite get it. Could you explain that part a bit more?
By the way, I’ve noticed a lot of experts have predictions similar to yours. Most of what I’ve read suggests a bullish trend this year, especially in the first quarter. If it happens, that would be great! But if it doesn’t, at least there’s still a good chance for a strong performance this year.
Also, what do you mean by "channel"? I’m sorry, I just don’t quite get it. Could you explain that part a bit more?
By the way, I’ve noticed a lot of experts have predictions similar to yours. Most of what I’ve read suggests a bullish trend this year, especially in the first quarter. If it happens, that would be great! But if it doesn’t, at least there’s still a good chance for a strong performance this year.
Top of the channel by end of first quarter 2025 is around $BTC 160k
Average returns for the first three months of the year would take bitcoin to $135,000
As long as price rides within this channel it suggests a healthy sustainable bull market trend.
Bullish on bitcoin.
Average returns for the first three months of the year would take bitcoin to $135,000
As long as price rides within this channel it suggests a healthy sustainable bull market trend.
Bullish on bitcoin.
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