Get started
Bitcoin Liquid IndexBitcoin Liquid IndexBitcoin Liquid Index

Bitcoin Liquid Index

No trades
See on Supercharts
Overview
Ideas
Discussions Seasonals Markets

BLX trade ideas

I am sorry if you don't want to understand BitcoinOn the monthly chart, bitcoin is now moving around the price level of the 0.382 Fibonacci retracement drawn from the 2018 bottom to the all-time high in 2021. Twice before, this level was exactly the bottom for bitcoin; quite soon after—usually within 3 months—it prompted bitcoin to resume its bull run. Tom DeMark Sequential shows a 9 each time at the monthly bottom. The September monthly candle close also very nicely notes another 9. My expectation is that around January 2023, we can expect another spectacle in terms of a sharp price rise. Historically, it is another unique buying opportunity; don't miss it. Keep stacking those scarce sats!
BNC:BLXLong
by joerivdpol
My thoughts about BTC bottoming Last several years I've been using many tools to analyze, and try to take advantage of opportunities in terms of long-term market structure on BTC . One of the main tools I really like to use and came with the most reward so to speak, is a specific Fib level. It proved to read with a very good probability the potential bottom of BTC ( especially BTC ) on the higher timeframes. As you can see on the chart, each cycle has a corresponding fib plotted which starts at the H and goes to the L of that particular cycle. The fib levels presented are only 2, with the green one being the "default", and the gray one being a secondary, only touched once, after a crisis-like moment in 2011. I believe this year we will be seeing it again, so the chart plots both levels and my expectation is that the bottom would be somewhere inside the range of $8K to $13K by end of Q3 2023. The projection coincides with a potential additional drop of the stock market this year, and the overall macroeconomic conditions we are living through. We will see how things play out, but I am building confidence on the usefulness of these levels.
BNC:BLX
by rafblz
Bitcoin BTC/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Chart timeframe is on the weekly. You can take a look at my previous weekly btc or daily chart. The info is pretty much the same, however on this chart I am zooming out even further for you. The chart on the daily for my previous chart is wrong though, I did not use the full data given to me with that chart. On this BLX chart I have the full data. On the daily I had the bottom marked around 20k and weekly I have it marked around 12k. Regardless of where I have the bottom marked, I will claim both of those charts to be off since I do not have the full data. On this chart I have data going back to 2010 giving me a more accurate wave count. Wave 1-5 on the smaller cycle took us about 11 years. I am expecting wave 3 to go a bit longer, about 12 years. Currently we've finished wave 2 or we're finishing it. Either the bottom is in at -77% or we have one last leg down to 12k, being -81%. Wave 3 price target is 180k (no moonshot). A long position from today's price your R/R ratio: 12.52 Possible upside: 636% Possible downside: -50% A long position from 12k your R/R ratio: 120.33 Possible upside: 1241% Possible downside: -10% I'd like to say none, we might wick a bit lower, but personally I would claim this to be the bottom and not use any stop losses. I will dive a bit deeper into this chart below so I don't make this chart too sloppy.
BNC:BLX
by AyoKu
2
AW - Will The Real Bitcoin Pattern Please Stand Up...As I continue to delve deeper into each and every chart that is of importance to my followers... Thanks to the increasing number of followers, I have decided to up my game in order to bring you the best interpretation of Bitcoin in existence. I always think about what the real pattern is and what it means for the future. Every step of the way it becomes clearer and clearer that what we are seeing is the beginning of biggest moves in history from this space. AriasWave wants to be there every step of the way as we head into this new future using the best methodology every created. Some extras not mentioned in the video: -Green Wave 1 is a Weak 5-Wave move which means that it cannot be Wave 5 in this type of structure. -Wave (C) within Wave D of Blue Wave 2 is weaker than Wave (A) therefore cannot be considered some sort of Wave 3. -All things considered; this particular view indicates that Alt-Coins (That survive) will easily make insane gains along with Bitcoin. -This also leads me wonder about what kind of interesting things are yet to come during the rest of this bear market. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research. ***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
BNC:BLX
by AriasWave
Bitcoin and the SQuare RooT (SQRT) Function: Facts, DeductionsAs my title indicates, this plot highlights facts above all: - Bitcoin price follows "Square Root" channels (SQRT function) - All with an alternation of local Dips (each time higher than the previous ones) and new All Time High (ATH) - These cycle Dip always materialize by an RSI 14 under a value of 34, showing an oversold (see my analysis of 2018-12-18 in link below) - These ATH always materialize by an RSI 14 exceeding a value of 84, showing an overbought - There is a clear correspondence with the Halvings dividing the block rewards by two for the miners, which is a programming of the progressive scarcity of generation of BTC. So much for the facts. Now here are my deductions: - I have extended the layout of the SQRT channels to 2023: we are seeing a tightening of the price there, but beware, we are on a logarithmic scale! All the same, there emerges a new ATH > $ 60,000 followed by a potential local Dip which would remain higher than the current price. - An average of the timing differences observed between the different Dip cycles allows me to consider the point of fall for a next Dip within 20 bars. - This analysis is a little more pessimistic than my previous ones, while noting that it would still not be possible to buy 4-digit BTC (under $ 10,000) from 2022. So those who buy BTC currently will necessarily be winners on HODL. DISCLAIMER: This is not investment advice. Invest only what you can afford to lose. Do not listen to any "prophet" or other "evangelist", it is important that you make up your own mind.
BNC:BLX
by MaxHodler
21
Long Term BTC - Projection of last 2 cycles to current cycleAnalysis of 2 previous cycles to project the next cycle This is the result of making an average of previous durations and some pricepoints Bearmarket durations: A/ Days under ATH 2014 = 1134 d / 2018 = 1085d ==> 2022 = (1134d + 1085d) / 2 = 1110 days B/ Days under 0.618 Fibonacci 2014 = 1120 d / 2018 = 1043 d ==> 2022 = (1120d + 1043d) / 2 = 1082 days Conclussion = It could take until November 2024 before we see an new ATH Also note that’s there is almost no differance between days under ATH and days under 0.618 Fib So there is a great possibility that we don’t see price above 45k until we’re going for an new ATH Bullmarket durations: A/ Days above previous ATH until new ATH 2014 = 343d / 2018 = 350d ==> 2022 = (336d + 357d) / 2 = 347d B/ Days above Macro bottom before the halving 2014 = 546d / 2018 = 504d ==> 2022 = (546d + 504d) / 2 = 525d Conclussion = if you want pumpy action bull run you are going to need patience until the end of 2024, only after breaking 0.618 and ATH you have about a year to distribute your coins before entering a new bear market Accumulation Range durations: A/ Bearmarket 2014 01/2015 – 10/2015: 294 days of sideways action Price range of 50% ranging between 210 and 315 11/2015 – 04/2015: 203 days of sideways action Price range of 50% ranging between 315 and 480 B/ Bearmarket 2018 11/2018 – 03/2019: 133 days of sideways action Price range of 30% ranging between 3200 and 4200 05/2019 – 02/2020: 280 days of sideways action Price range of 60% ranging between 7000 and 11500 Conclussion = Average days of price ranging between an 50% range = (294d + 203d + 133d + 280d) / 4 = 230 days C/ Bearmarket 2022 This could mean an range until this summer between 16k and 24k for the first range. Then te second range could range between 24k and 36k wich is also 50% FINAL CONCLUSSION: - No ATH and break above 0.618 Fib before the end 2024 - We could have 2 periods of 230 days ranging between an range of 50% Possible Range 1: 16k - 24k / Range 2: 24k - 36k - Market is going to be boring for another year and a half in contrast with the bull pumps that comes when you make an new ath
BNC:BLX
by Delzeyne
Inverted HS Forming on Bitcoin?Just a quick thought here - this would fake out the bulls and the bears for a little while, and would correspond with DXY moving up very soon from the re-test of the channel it broke out of (area around 99-104 LFTs, 101-103 HTFs). Failure or success of the HSi would hinge on DXY movement as well: See related DXY ideas below. Not marking this as long or short, just want to see if the pattern plays out and then fails and moves down or succeeds and moves up to either set of targets on the chart.
BNC:BLX
by dudebruhwhoa
1
Bull run every 3.5 years?In today's review, I want to delve into the psychology of the market and examine some patterns that can be observed in the behavior of Bitcoin. One important aspect to consider is the cyclical nature of the asset, where every 3.5 years, Bitcoin goes through a complete cycle of accumulation, growth, and subsequent decline. This does not necessarily mean that the market will move in this exact pattern for the next 3.5 years, but it is a pattern that can be observed. This illustrates how the market, the crowd, and the psychology of traders operate. By understanding that the market has these three distinct phases, we can make predictions about what to expect in the next phase. Currently, the accumulation phase is clearly visible, so I expect a growth phase to be on the horizon. However, it is difficult to predict exactly when this growth phase will begin, so I will be closely monitoring market trends and community activity to gain a better understanding. Another tool that I often use for analyzing the market is the Chaikin Money Flow (CMF) indicator. This indicator is particularly useful when used on large timeframes. It is often used in conjunction with the accumulation/distribution indicator, but in this case, I do not need to use it because I am focusing on larger timeframes. The CMF indicator fluctuates around zero, and the basic signals are based on the sign of the indicator value: a positive value is a buy signal, and a negative value is a sell signal. Currently, the indicator is leaving the negative zone, which also indicates the formation of a bullish trend. To summarize, I expect that a bullish trend will start in the near future. However, I cannot exclude the possibility of a fall to 18,000 before this growth phase begins. I will be closely monitoring market trends and analyzing community interest and activity to gain a better understanding of the current market conditions.
BNC:BLXLong
by Beka_Ulis
Bitcoin - TRIX indicator❌with new bullish momentumBitcoin After a momentum drift on the TRIX indicator❌sponsored by FTX misery we see a clear momentum increase🔵🚨 A very bullish sign for BTC IMO dear Crypto Nation😉 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
BNC:BLXLong
by Crypto4Everybody
Long Term Bitcoin analysisBitcoin seems to be in a large range. The fibonnaci levels are a bit unusual, going only from half to half, but the price levels seems to be respected. Horizontal Range explanation 1. With yellow we have the main levels which mark the top and the bottom of the range 2. With White we have the levels in between for more confluence. 3. With red we have the levels to where we had the deviations from both range high and range low and also the middle of the range. Vertical dates 1. With yellow we have the previous halving and the next aproximate halving date. 2. With red we have the first top, measured from the halving and the second top, measured from the first top. 3. With green we have the date when was the optimal time to switch to altcoins, after that aprox. 84 days of altcoin season occured. Past overview/Future expectations 1. The current rally can go to test the middle of the range and after that if it retraces to the bottom of the range, that is where the entry zone for bitcoin is for the next bullmarket. 2. It can be observed, circled in blue, how much time Bitcoin has lasted in the upper range (from 0.5 to 1). We have aprox. 490 days from the time that it has entered until the breakdown to the lower range happend. 3. A similar movement is expected to play out with a similar date range. After the middle range is broken to the upside, we can expect a reaccumulation phase going into the halving. 4. After the halving, the bullmarket begins and we look for the 1.5 extension as the exit from BTC (In confluence to a high RSI, somwhere in the 90 value) into the altcoin market. 84 days are, again, at least expected for the altcoins to give better returns than Bitcoin as the cycle comes to an end. 5. The second top is an option that cannot be excluded here, but we will need to see how the market behave after the first top.
BNC:BLXLong
by avulc95