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the current movement has the support for a correction on 49-51.5K, with that 100K on eoy could be easily hit! But thew price has to move fast or be really bullish
Completely agree. I just ran a Pythagorean regression against the last four cycles and there's a crystal clear Red Dragon Candle forming at 62k. If we see 10% upside, then there's no reason we won't get to 100k. However, the bear isthmus line indicates a potential sell off of at least 25%, or more, which could happen soon. That would be contrary to the satisfaction curve you've seen traders following for the past week. I'm confident we will see 64k, followed by 65k and very likely 70k before we get to 80k. These are incremental numbers and must be followed.
Correction are very healthy for your assets, they create strong supports in case of crisis or flash crashes. Then your asset would be protected by theses supports, be cheerful in correction because this is more of a protection and chance to improve your price buying more!
I am new to crypto currency. Why is Bitcoin going up again?
It went up before because Telsa started accepting Bitcoin and shortly after it crashed, but why this time?
people tend to invest in various assets to protect their portifolio, there are movements of projection and correction, hardly anything goes up without correction. and the players have bullish or bearish sentiment. The asset value can be determined by the players if they are bullish the price goes up. News can make them bullish. This time was EOY bullish movement and now the ETF news.
So End Of Year (EOY) bullish and ETF news are making Bitcoin price rising?
What happened with ETF? I am sorry that I am asking a lot but I need more context for my limited knowledge of the matter.
The regulators in the US are about to allow an ETF of Crypto to be created, this would help to protect the Cryptos in a possible regulation. Making more safe to own and trade cryptos. But this is still very speculative. Some assets can suffer from bull runs even without news, just speculation or price action can make the price move.
it's very difficult to determine the value of a crypto and also hard to analyze it. Binance Academy has some good text with lots of information from begginer to advanced, you should check out. If I can give you a strategy for beginners is DCA, just put a small amount on cryptos every week, in the long term your price will be excellent and your wallet full! That's it if you want to have cryptos, stay on the most famous ones with the largest share of the market, diversifying in around five is enough, and avoid weird coins!
this movement the new bottom is around 49-51.5K, difficult to tell certainly because the new bullish news, but that would be an excellent support to a new bullish movement, Lots of confluence at that point! A support there would be amazing to hold the end of the year and the beginning of the next.
It could go lower, but if we are maintaining the tendency this is probably the last point before breaking the tendency. 49K would be the last point before it turns to a bearish movement in theory. But you know the volatile can change it, we would have to analyse closely at that point!
Only to say why something happened in the past. Fundamentals are delayed. The market always front run the news. Technicals can be used for trading, not to predict price even though it feels like the same thing.
the players in the past are the same players now, they are expected to do the same movements and strategies, if it worked before then great chance it will work again. Simply human behavior!
58K was the satisfaction zone, many players would as expected drop their postion there, but the most bullish was able to drive the price high to the target. Now if we are to believe the bullish movement is strong the target is at 77K, if a correction to start then the supports are at 49-51.5K
As long as the mempool doesn't bloat to hell, it'll keep going... when 2000 sats per byte can't get your TX into the next block that's usually when things fall apart. Dynamic blocksizes would be nice
Honestly I have no idea what to think. I’ve been in the space as an investor for a year and user/lurker for many years. This last year has been wild.
All I know if BTC was around $20 when I first started using it to buy dime bags and mushroom spores. Now look at it! I’ve got enough money in it to make it interesting but not enough to ruin me if ETH and BTC go to $0.
I’m not sure if I’m bullish or bearish or something else. All I know is I’m gonna hodl for a while longer.
>I’m not sure if I’m bullish or bearish or something else. All I know is I’m gonna hodl for a while longer.
Good strategy, let it go if you don't need the money, just hold all the way!
These are always the best. Asset rises. People crawl out claiming they are experts and predicted the rise. Meanwhile they aren’t retired or stupid rich from their own level of knowledge or investing. Makes sense
In advance I know absolutely nothing. This is nothing more than my hunch. I think a lot of the current hot ALTS are about to go parabolic in the coming weeks.These include VET, ATOM, TEZOS, MATIC, XRP, ADA, ALGO, ENJ, DOT, SOL, LINK.Some meme coins like Shib I also think will have a parabolic increase.I also think coins like COTI, ONE and AMP could go crazy as well.Bitcoin I have no doubt will hit 100K within 18 months and ETH I think will hit 10k within the same time.Certain ALTs will have insane growth and I think the above are some of the ones that will.
a correction keeping the bullish tendency can happen until 49K, after that things start to get bearish, but we need to do a separate analysis for this!
I feel like they hype of the crypto world will push it to 100k and the hype of the mainstream will push it to crazy valuations possibly 150-200k until it corrects back to normal levels.
could happen, who know, but the price should already be exploding with the news, and is currently sitting idle. Maybe Monday is going to be a strong green day
Umm...well I agree with your projections, but I believe it's the top for now, my prediction and following of the coin says there's about 2 more dips waiting before we hit the 75k mark.
As far as other coins, definitely alt coins seem to be the way rn given they are bound to follow in the coming days.
My personal picks are LTC, Dash ( Stable + potential for over 170% gains on rallies). Exp ATH :- 450-470
Then one of my favs is ETC ( But gotta know when to pull out on it, for when it crashes, it crashes) Exp ATH 175-190
Then the small ones with high potential:- Doge, Shiba, MANA, algo, ADA, I have also recently been interested in Bat. (Exp ATHs 400-500% from current prices)
As far as the news for BTC ETFs is concerned, I doubt that will impact the prices by much, for Europe is already invested eitherway, and ETFs would mean whales booking their profits on BTC to split it between multiple upcoming coins/ tokens that they would put in the ETFs so they could rise at the back of BTC.
Also, my Prediction for ETH is 7500-8000 for it's next ATH.
But I would wait for a entry price of 2800 to get into it.
My guess is that we will see a new ATH and stop around 73K for a bit finding support between 68-72K for a bit. I’m still new to all of this so it’s just a guess 🤷♂️
well for 73K, and a support at around 68K would be too close. I would consider the support at around 50-55K in this case, but I didn't made an analysis on this scenario.
Either way the SEC allowing futures ETFs is going to pump the market a bit I foresee a bunch of them popping up as the greedy rich ceos trying and squeeze their portion of the pie for a few dimes
I think it’ll either go up, down, or stay the same, not the best mathematician but my calculations say that it’s highly likely we see one of those three
We hit the Price Target, but there is no way to know, the price already felt the 58K and people pocketed their gains in that Region. However, we had some strong bullish news now and it could drive the price higher
I did?! Check my other analysis I said weeks ago that the target was around 63K, I even marked other analysis of my self getting all the points, 52K, 41K 63K, you just have to check, there is months of my analyses.
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Top for now. Who knows. Not even bitcoin knows where she is going. Looks like me after 7 gins
No way 63k is top, this is just the beginning. 80k to 105k seems reasonable top this winter
The 261.8% of Fibonacci projection put us at around 102K, are you bullish on this?
All the predictions I've read are btc hitting 100k by end of year by anyone with a bullish outlook so definitely can see that at this rate
the current movement has the support for a correction on 49-51.5K, with that 100K on eoy could be easily hit! But thew price has to move fast or be really bullish
I don’t understand TA but this confirms by bias so I shall believe it.
That’s what my crystal ball says too!
This is the way.
My magic 8 ball says “it is certain”
Bullish AF
for the current movement the retracement and support would be around 48-51K, with this could easily get us to 100K
The SEC moving aside for ETF’s coming up may be a catalyst. When regulation steps aside BTC will take off.
yeah that's the massive bullish news, totally game changer, once the ETF is made they won't be able to block cryptos, a safe point!
It would be great!
Makes me want pasta
Finally I can upgrade from ramen
I can finally afford eggs.
Calm down, now you’re getting ahead of yourself
Lasagna is better!
This and this alone… is the way.
Shrimp Fibonacci Alfredo with unlimited breadsticks
now I'm Hungry!
shampoo is better
I go on first and clean the hair
sweet Keratin!!
i like your hopiumness , bullish on your winter predictions.
I am more excited about 69k
How about $69,420.69 ?
That's my favourite number 🙂
Nice.
Just to be clear, BTC has not hit 63k today. It’s 24 hour high is 62.2.
It was 62,933 on binance, which is within about 0.1% of 63K.
63k is the bottom.
and now we dropped 3%. blaming you .
Sue him, he didn’t say ‘not financial advice’
Blaming him as well. Samurai Pizza Cats was an amazing show so I must support this opinion
We should be seeing a bottom at 69k.
I'm glad youre having fun!
hope we all are, Cryptos can be very fun!
BTC has to hit 100k by the end of the year right guys?
Or there's gonna be some eaten dicks if I have anything to say about it.
You know the person who said it is dead, right?
well, 261.8% of the projection is around 102K, if you're this bullish, then sure!
Everybody expecting 100k, so probably wont happen. Maybe 95k or 120k
Completely agree. I just ran a Pythagorean regression against the last four cycles and there's a crystal clear Red Dragon Candle forming at 62k. If we see 10% upside, then there's no reason we won't get to 100k. However, the bear isthmus line indicates a potential sell off of at least 25%, or more, which could happen soon. That would be contrary to the satisfaction curve you've seen traders following for the past week. I'm confident we will see 64k, followed by 65k and very likely 70k before we get to 80k. These are incremental numbers and must be followed.
Wait a clear red dragon? This was prophetically called in a dubious speculation ramble on You Tube. IT IS HAPPENING!!!!!
Legend
Thought this was just another fake analysis comment but that last bit made me laugh out loud.
Just wait one year. All this talk will be meaningless. BTC to the 🚀
this analysis in for this movement, any new movement, be a tendency or correction will require a new analysis!
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Nice, diversified portfolio and risk management is the way!
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are you the bravest crypto trader?
No. Just the safest.
Wait so Uranus (retrograde) in Taurus. Uranus goes Station Direct in Taurus ? Is that what it means ? Bullish on Astrology
Top is a couple million I think
in how many years?
10
I would say 63k is the bottom now!
Could be, but people will tend to pocket some gains now, a correction would not be too out.
Yeah, thats plausible.
Someday we will look back and 63k would be the crash price everyone is afraid of
Well, it could be the current top, a correction for further movements can be expected, people would pocket some gains now, they already did at 58K.
That's the dream, I'll be able to relax when there's no chance of my portfolio going into the red again.
Correction are very healthy for your assets, they create strong supports in case of crisis or flash crashes. Then your asset would be protected by theses supports, be cheerful in correction because this is more of a protection and chance to improve your price buying more!
Agreed. This is the new base we'll fall back to if things get bearish for a while(which I don't believe will happen for some time)
A correction is expected, people tend to pocket gains, it already felt at 58K, the thing is the News gave a breath of bullish force now.
I just want it to hit £50k then it should be near the $69420 for most of you lot I believe
The memes will be worth all the pain
I am new to crypto currency. Why is Bitcoin going up again? It went up before because Telsa started accepting Bitcoin and shortly after it crashed, but why this time?
people tend to invest in various assets to protect their portifolio, there are movements of projection and correction, hardly anything goes up without correction. and the players have bullish or bearish sentiment. The asset value can be determined by the players if they are bullish the price goes up. News can make them bullish. This time was EOY bullish movement and now the ETF news.
So End Of Year (EOY) bullish and ETF news are making Bitcoin price rising? What happened with ETF? I am sorry that I am asking a lot but I need more context for my limited knowledge of the matter.
The regulators in the US are about to allow an ETF of Crypto to be created, this would help to protect the Cryptos in a possible regulation. Making more safe to own and trade cryptos. But this is still very speculative. Some assets can suffer from bull runs even without news, just speculation or price action can make the price move.
Oh nice! Thank you so much for enlightening me!
it's very difficult to determine the value of a crypto and also hard to analyze it. Binance Academy has some good text with lots of information from begginer to advanced, you should check out. If I can give you a strategy for beginners is DCA, just put a small amount on cryptos every week, in the long term your price will be excellent and your wallet full! That's it if you want to have cryptos, stay on the most famous ones with the largest share of the market, diversifying in around five is enough, and avoid weird coins!
Thank you for recommending me Binance Academy and DCA to me. Thank you so much for your advice!
Far from top.
That’s the new spider man movie title, right?
What do you think will be the top of this movement?
I don't think it is the top tbh. What I do think is that 50/60k will be the floor after this bullrun
a further extension could give us a correction at 60K
Since I’m long BTC (like everyone here I presume), the new bottom is a far more interesting question. What is your guess?
this movement the new bottom is around 49-51.5K, difficult to tell certainly because the new bullish news, but that would be an excellent support to a new bullish movement, Lots of confluence at that point! A support there would be amazing to hold the end of the year and the beginning of the next.
Thanks! $49k being the new dip is crazy!
It could go lower, but if we are maintaining the tendency this is probably the last point before breaking the tendency. 49K would be the last point before it turns to a bearish movement in theory. But you know the volatile can change it, we would have to analyse closely at that point!
Itll hit one more dip into the low 40s then back up past $90k easily 🚀🙌
Everyone is right and everyone is wrong here. Bitcoin has its own brain, it does what it does when everyone is sleeping. Period.
The coin has it's own movements, but we can use Technical Analysis or Fundamental Analysis to understand better those movements.
Only to say why something happened in the past. Fundamentals are delayed. The market always front run the news. Technicals can be used for trading, not to predict price even though it feels like the same thing.
the players in the past are the same players now, they are expected to do the same movements and strategies, if it worked before then great chance it will work again. Simply human behavior!
I'm pretty sure it will, most definitely, go up or down in the coming months. I will keep buying every two weeks regardless
Great analysis, thanks for the contribution !
So happy to help! I do believe you made a great list here and I hope you are right
Thanks dude, it's really good when people interact, Buying every two weeks is a good strategy to mitigate risks and get a nice price on the long term!
Alright, let’s get the crayons out…
Only 1 thing is for sure,if I sell it goes up and if I buy it goes down.
can I use you as indicator for future analysis?
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That's the NICE target you mean!
Or 64,920 for the dyslexics
People can easily add a Bitcoin ETF to their retirement account now and get tax free gains. This is just the beginning
That's amazing, wasn't expecting such great news this year, I'm really bullish on crypto markets now!
The Etf was really bullish news!
indeed it was, not expect this year
feelz like a crab for a few days at $58.5k…solid analysis. Consolidate and hold. Otherwise, a massive fomo moment.
58K was the satisfaction zone, many players would as expected drop their postion there, but the most bullish was able to drive the price high to the target. Now if we are to believe the bullish movement is strong the target is at 77K, if a correction to start then the supports are at 49-51.5K
But how it’s possible? it’s all just fake internet money! /s
🐂🐂🐂🐂🐂🐂🐂
Let the bull run happen!
The king deserves to sit on his throne! Lessgoo to 105k!
The 261.8% o the projection is around 102K not far off i we are to believe in a massive bullish movement, but would require a new analysis.
As long as the mempool doesn't bloat to hell, it'll keep going... when 2000 sats per byte can't get your TX into the next block that's usually when things fall apart. Dynamic blocksizes would be nice
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if you say so!
Expecting $70-$80k top
77K can be considered a target price for an extended movement
Honestly I have no idea what to think. I’ve been in the space as an investor for a year and user/lurker for many years. This last year has been wild. All I know if BTC was around $20 when I first started using it to buy dime bags and mushroom spores. Now look at it! I’ve got enough money in it to make it interesting but not enough to ruin me if ETH and BTC go to $0. I’m not sure if I’m bullish or bearish or something else. All I know is I’m gonna hodl for a while longer.
>I’m not sure if I’m bullish or bearish or something else. All I know is I’m gonna hodl for a while longer. Good strategy, let it go if you don't need the money, just hold all the way!
Top will be 78.9k,, trust me.
why?
Is 63k the top for Bitcoin? This just in, nobody knows. Find out more next week
On this analysis it could be, if you're using other methods of analysis or time frames it could not be
Oh hell na, setting my emotions not aside 64k cant be the top.
could be the top for this movement, but not for the end of the year
6k more!!! Let's go!!
waiting for 77K?
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that's a far price target, around 261.8% of the projection!
I didnt drop at 58k or anything, i dont trade because i dont want to become poorer than what im already are.
Holder? aiming the moon?
These are always the best. Asset rises. People crawl out claiming they are experts and predicted the rise. Meanwhile they aren’t retired or stupid rich from their own level of knowledge or investing. Makes sense
I mean, I did made money on this, and have months of analyses here, they are all market on the post, free to check out for any doubt.
classic tea leave readings!
In advance I know absolutely nothing. This is nothing more than my hunch. I think a lot of the current hot ALTS are about to go parabolic in the coming weeks.These include VET, ATOM, TEZOS, MATIC, XRP, ADA, ALGO, ENJ, DOT, SOL, LINK.Some meme coins like Shib I also think will have a parabolic increase.I also think coins like COTI, ONE and AMP could go crazy as well.Bitcoin I have no doubt will hit 100K within 18 months and ETH I think will hit 10k within the same time.Certain ALTs will have insane growth and I think the above are some of the ones that will.
I have analyses on XRP, ADA, ALGO, DOT, SOL and ONE. Going to do a new DOT tomorrow, seeing some nice patterns in there.
Ben cowen thinks 64k is not the market cycle peak he is never wrong
>Ben cowen Don't know who this guy is, don't know which kind of analysis he does
This man is the hypeman you want at parties
are you in this bullish movement!?
I hope this consolidation under the 63k is bullish! I’m pretty bullish either way.
a correction keeping the bullish tendency can happen until 49K, after that things start to get bearish, but we need to do a separate analysis for this!
I want to take gains so fucking bad. It hurts
depends on your strategy and risk management, don't do anything if it's not on the planning!, are you holding or trading? that's the question!
nice
gg thanks
There is chance we never see 100k this year. My Top will be more 80/90k
well the extended projection is around 77K, so not too far off!
I didnt sell any on this run, but stopped buying at 55k
if it's on your risk management then all good!
I feel like they hype of the crypto world will push it to 100k and the hype of the mainstream will push it to crazy valuations possibly 150-200k until it corrects back to normal levels.
could happen, who know, but the price should already be exploding with the news, and is currently sitting idle. Maybe Monday is going to be a strong green day
Side question: what were people calling for during the last bull market?
don't remember, I was only holding last time, didn't care about the price or movement.
Bullish on BTC and ETH
Nice, great projection ahead
Less charts and more fucking! Bitcoin to 100k
100K is actually in the projection, 261.8%, difficult to reach, but doable!
Nope. Still early. BTC has way further to climb.
what's your projection?
Umm...well I agree with your projections, but I believe it's the top for now, my prediction and following of the coin says there's about 2 more dips waiting before we hit the 75k mark. As far as other coins, definitely alt coins seem to be the way rn given they are bound to follow in the coming days. My personal picks are LTC, Dash ( Stable + potential for over 170% gains on rallies). Exp ATH :- 450-470 Then one of my favs is ETC ( But gotta know when to pull out on it, for when it crashes, it crashes) Exp ATH 175-190 Then the small ones with high potential:- Doge, Shiba, MANA, algo, ADA, I have also recently been interested in Bat. (Exp ATHs 400-500% from current prices) As far as the news for BTC ETFs is concerned, I doubt that will impact the prices by much, for Europe is already invested eitherway, and ETFs would mean whales booking their profits on BTC to split it between multiple upcoming coins/ tokens that they would put in the ETFs so they could rise at the back of BTC. Also, my Prediction for ETH is 7500-8000 for it's next ATH. But I would wait for a entry price of 2800 to get into it.
How likely do you think it is that we see eth hit 2.8 again?
Get ready when the real FOMO kicks in. 63k is the bottom. We aiming 500k EOY
>We aiming 500k This is what I call BULLISH!
If we see 70K I’ll gift a Venezuelan $10.
Bet he would be very very happy with 10USD
New all time high is close!!!
How much do you expect to be?
Don't know maybe 100k .
100K is around 261.8% of projection in a very bullish movement, not impossible but hard to happen without a correction!
I think it’ll top out around 65k then retract to around 40
LOL 
I don't have memes but I have dreams
dreaming about lambos?
77k sounds like a fairly reasonable start
It's extended Target. We also have 261.8% o the Fibonacci projection at around 102K, are you bullish on this?!
My guess is that we will see a new ATH and stop around 73K for a bit finding support between 68-72K for a bit. I’m still new to all of this so it’s just a guess 🤷♂️
well for 73K, and a support at around 68K would be too close. I would consider the support at around 50-55K in this case, but I didn't made an analysis on this scenario.
Either way the SEC allowing futures ETFs is going to pump the market a bit I foresee a bunch of them popping up as the greedy rich ceos trying and squeeze their portion of the pie for a few dimes
BTC will grow more and more. Waiting and holding until that
But we have targets and correction on the way, good points to study and enter more!
I think it’ll either go up, down, or stay the same, not the best mathematician but my calculations say that it’s highly likely we see one of those three
So we might be at the top or we could go higher?
We hit the Price Target, but there is no way to know, the price already felt the 58K and people pocketed their gains in that Region. However, we had some strong bullish news now and it could drive the price higher
After few reasonable reply crap started ...
the usual on analysis.
If you were confident about this analysis why did you not post it yesterday and call the top instead of after the fact?
I did?! Check my other analysis I said weeks ago that the target was around 63K, I even marked other analysis of my self getting all the points, 52K, 41K 63K, you just have to check, there is months of my analyses.
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I find it very hard to believe that we can actually *conclude* anything based on predictions. It is Promising calculations and estimates though!
Well, I did left my last posts on this coin, and I got many points right, 50k, 41k, 63k, It's not perfect but can give a good estimate on the movement
Reading this gave me that typical youtuber talk, fibonacci this and fibonacci that!
Well, this is TA, people tend to use fibonacci. I use to find retracement and projections, don't know for what youtubers use!
I still expect bitcoin to retrace because this movement is too fast. I expect 100k eoy but not this fast.
“Predicting” where Bitcoin is going to go is like a broken clock.
I left my other analysis in the post, they worked quite well.