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Bitcoinlongtermanalysis

Bitcoin Halving Comparison, So Far So Good!History tends to repeat itself, and the bitcoin halving appears to be no exception to this particular rule. In 2016, during the second BTC halving, the BTC price experienced strong growth before the halving. A bear market followed, consisting of a 40% drop in price from the pre-halving high to the post-halving bottom. Afterward, a lengthy ranging period ensued. Before the third halving that took place in May 2020, Bitcoin also experienced strong growth of more than 150% from $3,800 to $10,000; just like in 2016, a fast crash followed just before the halving. However, the 2020 crash was truncated and nowhere near as severe as the bear market that traders saw in 2016. Based on this comparison, we can infer that a short correction may follow before the bull market commences. Bitcoin is currently experiencing a range. It took BTC around 160 days to break through the highest price before the halving. We currently sit at 67 days after the halving. While Bitcoin cycles are similar, they are not the same. While it would be impossible to predict accurately when the bullish market will start, based on past trends we can predict that it will most likely occur somewhere between 100-200 days after the halving (or 30 to 130 days from today).
BITSTAMP:BTCUSD
by cryptohopper
3
Covid19 vs Oil vs BTC (LONG)an Oil infected makes the rest infected. We can only reduce the risk in such crisis, more panic will never be a good choice. So its better to wait for the right frame! Candles predicted in red shows the possibility of a fall due to economical influence. However , we all know Crypto always maximizes the return in long if we enter the exact moment. Moreover candles in green are the possibility to reaching BTC around 20K once again :) Play safe, Invest Wisely. Good Luck!
COINBASE:BTCUSDLong
by Moiz96
10
Bitcoin 3 years historical logarithmic chartI made an example of bitcoin logarithmic chart, with the existing uptrend which never broke. Becides that in chart you can see, that every week that passes, there is a higher "lowest point", and it grows per ~100usd per week. Since this is historical chart and as we see that bitcoin never disobey following that trendline. So million dollar question. When ATH? Chart says by the end of 2020, without any significant parabolic ride. If there will be a parabolic rally, then Bitcoin could reach over 50,000$ by the end of 2020. Buckle up, buy all low levels and find your exit strategy :-)
BITSTAMP:BTCUSDLong
by bloodgood
2
BTCUSD - Let´s be realistic, it looks bearishSince the top of June we saw a clear correction to the previous bitcoin level. With the break of the 61,8 fib-level in the area of 7.200$ we confirmed a further downmove. Some people say it currently looks like a doublebottom but i don´t think so. It was definitely a new low and we jumped back into a boring sideways zone. If we want to confirm a bullrun we have to break the green resistance at the area of 7.850$ and later the falling resistance line (blue). I think the likelihood of more downside action is much bigger. The reaction rally yesterday could not create a new higher high, it was lower high. We have to be realistic this a bearish sign. I look for a second test of 6.420$ and the area of 5.800$ - 5.600$. If we reach this levels it is time to accumulate. Please leave a like or a comment!
COINBASE:BTCUSDShort
by nopenny
BTCUSD Daily Chart Long Term Analysis - Beautiful Potential BULLOn a daily Chart I am beginning to see a little bit more sense of which direction I think price might want to go. I see price pulling back a little, then get to the top of that channel and bounce right back to $6,500 if it doesn't break the resistance of that channel. OR Price of Bitcoin might fall a little more (and maybe back to $6,500 and maybe dip towards $5,500) before going to the top of that channel, breaking it and then flying off... OR ...maybe if it dips towards the $5,500 support, it'll break it, make it a resistance, and dive to $2,200. But for now, to me, I think it will finish this pullback and then we go full BULL...but we'll see. What do you think?
BITSTAMP:BTCUSD
by IMNAIJAYOUTH1
1
BITCOIN SHORT Bigger Overwiew Support 7200 and 6900 must hold.Hello to all watching my charts. No after the big fall yesterday i think we should have a closer look to the big picture, cause in shorttime its all Short , all of my channels show me "short" of cours. So have a look at the picture. Where are we now ? We had a break of the long lasting LONG trendline 4 weeks ago in September. That has ocurred the first big move down to 8800 and now the next step down to 7500. Here in these aerea we do have 3 major supports coming in from May and June 2019. Now we are sitting in the aerea of the first support at 7500 (folling down a little bit) Below that Bitcoin can get support at 7200 and around 6900. If both Levels dont hold i am afraid we will see much much lower prices. Thats to watch Good trades If you want to support my work please like them... and if you want to know more about my trading style please send my a boardmail. Renkotrade
BITSTAMP:BTCUSDShort
by Renkotrade
4
BTCUSD - 8k done and 7k still in playCorrection over? Maybe but i do not believe it. Here are my thoughts: In the daily consideration we can see a double bottom at 7.7k. That means the dump is temporarily over and we have to accept a consolidation for the next few days. My target area is 8.9k with a touch of the falling ema-ribbon. Even if it can continue to rise at the moment i don´t so see a high probability. The scenario is obsolete if we see prices over 10k. After this consolidation i expect a final move to 7.2k (worst case 5.4k) and the potential start of wave 3 of 3 in a elliott wave prospective. For this move i will observe the weekly ema-ribbon. I don´t see any contradictions if we shoot over to the downside but we should close above the weekly ema 55. Please leave a like or a comment!
COINBASE:BTCUSD
by nopenny
Bitcoin Long Position:BTC Getting Ready For a Big MOVE Upwards!Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position to gain good profits. In a lower time-frame (4hrs) this long position has also been conformed. Target profits are mentioned in the chart. Adjust your Stop Loss according to your lot size, account equity ,strategy & money management. ***If you want to get in this trade from this point 7819, you can still make profit till TP1 is reached, however there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly. Good Luck.! * This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity. Don't forget to like, If you like my analysis :)
Long
by Jaffery
Fail Proof Bitcoin HODLSo people have been asking, "Should we sell?" My answer is "HELL NO!" Look, I trade nearly full-time. I also have a part-time job at a coffee shop and I take college courses. I do enjoy trying to increase my BTC holdings where I can. I use Bitmex a couple times a month shorting and longing on 10x and 15x (rarely 100x, usually with 10k on 100x for a 2-5% gain then I close ***on rare occasions***) I do very well. However, for most of you guys n gals out there, here is my suggestion for you. I posted this info in a past post, but I didn't show the chart I was referring to... Well, here it is. BTC on the ALL chart shows the number one method I use to sell all my BTC for an incoming bear market. Just follow the RSI. Every Bull Cycle thus far ended the same way. It double tops on the RSI between 92-96.8... That is my fail-proof method for all you people out there. If you aren't a full time trader, just buy BTC and hodl for this RSI double top. You're welcome... ALso, if you are waiting on a alt-coin season to truly blast off... My opinion is, it won;t happen until BTC reaches it's old ATH again. Perhaps if this market is going parabolic like 2013, it may be sooner than I am thinking, but it could happen before the end of this year. Just HODL my fellow crypto kangz! Donations if you found this helpful: BTC : 18LQbEMKRp7UkqT1mWCJs81BEoispm3SEP ETH: 0x1F43C5282450e68A9e76584e36D8b94eD1EB929d LTC : LSv4dUP8559kFmjNnmttep2X7qnC2ZtMQW RDD: RaWzTUydbZFATK5UPAQ35GTewvnW3PeRSD LSK: 14651053185914359998L BAT: 0x1F43C5282450e68A9e76584e36D8b94eD1EB929d XRP: rH5DcvFi6TrScTPUhnTygMRdrVukuTqaeR Tagline: 0 PPT: 0x1F43C5282450e68A9e76584e36D8b94eD1EB929d BNB: bnb1n3kf3alf3uughuc4u5fgmauhfen3lprs9lrc8p Paypal: nicksnydz61@gmail.com
BITSTAMP:BTCUSDLong
by NickSnydz
8
(Psychology) Is it possible to buy the real BITCOIN bottom? How?In crypto just like in any other market it is very difficult to buy exactly at the bottom, which would enable us extracting the biggest profits possible in a trend reversal. Less than 1% of people in these markets can achieve this feat. It is a question that has much connection with the functioning of the human mind and especially the less experienced traders have many difficulties in having a psychological control over their operations. I'll leave you in related ideas, 2 long-term reviews that leave good expectations of being very close to the bottom before the next bull run, you can check by clicking on these analyzes to better understand what information is extracted from the charts. Returning to talk about this post... The human brain is very complex and even if you have a perspective that we are very close to the bottom, probably your mind will "cheat" you and try to make you buy below, always! With each fall in price, our mind tends to block our previous idea and make us wait for a new fall, where we would buy with better price. But at some point the price will stop falling, the trend will reverse and you will continue "sucking finger" and wailing for not having bought where you should. Then when you regain confidence and your mind lets you buy, the price will probably be far from the best purchase you could have made. The point now is to play against your mind and make it work in your favor, changing that concept of wanting to buy at the lowest possible value, rather making staggered purchases that will allow you to have a much more adequate average price than any purchase in an attempt to hit a real bottom. In addition your mind will lessen the pressure on such an important operation as your buy orders are being reached your mind is becoming more relieved by being partially positioned! Of course, it is necessary to know how to identify graphically where a possible reversal is beginning, it is no use having psychological control and buying at a random point of the chart, but in this post I am only addressing the psychological part (You can see graphical analysis in related ideas). In the financial market there is a well-known strategy, the dollar-cost averaging (DCA), and is using that + 2 other strategies that we will be able to carry out a successful "buying the bottom" operation in a reversal zone. This is an introductory/psychology focused post and the next one with the technical details to buy bitcoin looking to long-term will be done when this post reaches 100 likes. I am counting on your help to reach this mark and then I will bring an incredible post with a DCA allied with two other strategies that will allow us to buy bitcoin at an incredible price thinking in the long run. God bless! Please hit LIKE and FOLLOW me! BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD BITMEX:XBTUSD
BNC:BLX
by LiuTrader
6
Pure moving AVG analysis in bitcoin (1W) -- THE BOTTOM IS HERE!Hello everyone, first of all I would like to ask your LIKE and ask you to FOLLOW me to receive the notifications of my reviews here at tradingview! I always try to bring quality content and different analyzes (you can see others in the related ideas below this post), with looks that deviate from the standards to demonstrate the various possibilities that technical analysis offers us. So your support and your audience is very important to me and encourages me to continue with this work! Lets go to what matters! This analysis only takes into account three factors: Price, moving averages and time. The 200MA in the weekly chart only starts in May 2014 so I used the 100MA and it also brings us very relevant information! It's a comparison between the periods from 2013 to 2016 and the current period between 2017 and 2020. And this kind of information really makes me believe that we're already at the bottom before the next bull run, or very close to it. You can see many similarities both in price movement and moving averages, you can check each of them in the text boxes included in the two charts. In the left chart we have all price movements already performed in 2013-2016, in the right chart that corresponds to 2017-2020 we have a forecast from the vertical pink line where it was projected a possible price movement based on fractals and the same was done with moving averages. In my view, all the information shown is very relevant and as the greatest scholars and thinkers of technical analysis cite, one of the main assumptions is "History repeats itself" and I have designed this idea based on that. I sincerely hope you have enjoyed it and can somehow contribute to your training as a trader. IF THIS POST REACHES 100 LIKES I'LL BRING YOU AN EVEN MORE COMPLETE LONG-TERM REVIEW, ELABORATED WITH OTHER INDICATORS AND DETAILS! Many thanks to all my dear followers. God Bless! BNC:BLX BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD BINANCE:BTCUSDT BITMEX:XBTUSD HITBTC:BTCUSD
BNC:BLXLong
by LiuTrader
23
XBT/USD Summary for End Week 4 - 2019Is there any hope for a rise in the price of Bitcoin? Well imo technically there may well be. In the short term I wouldn't be surprised to see a retest of the 3145 low area, however if price doesn't go lower and can break current support at 3518, then an attempt at 6000 and above may well be on the cards. But of course, and as can be seen we have a significant barrier of historic resistance at 6153 which may take some getting through. Ultimately and as hinted at by the Kumo (red) cloud, a longterm base of 8000 may be achievable if all goes well. The technical analysis can be supported by the recent weakening of the US Dollar. Any weakness here should see Bitcoin move higher. That's quite possible if the trade spat with China is resolved quickly and China gets a grip on its own growth problems. A dovish Fed will also help with downward pressure on the USD WAIT FOR NOW
KRAKEN:BTCUSDLong
by mikhem