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day0
1 de Mar de 2023 01:16

BTC daily may stop declining before 2023-12 

Bitcoin all time history indexINDEX

Descrição

BTC daily 2022-03 to 2023-09
BTC daily chart from 2022-03 to 2023-08 reflects a $36666.66 to $15666.66 zone for 2023-04 (see green dashed-line). However, the strongest resistance zones, based off of today's historical data (on 2023-02-28), reflect a $32666.66 to $15666.66 zone for 2023-08-28 (see pink dashed-line).
This daily chart is based off of a 2022-12 idea that had a trend error that I immediately noticed; however I was not able to edit the trend after publishing the chart. This is the corrected 2022-12 idea and based off of today's (2023-02-24) historical data.
Also, the chart here (see directly below this line) is the weekly version of this daily idea:

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This is what a repeat daily trend of recent data might look like:

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BTC daily 2023-03 to 2023-04
This chart below is only one of many possible trends for BTC daily 2023-03 to 2023-04. This is a very narrow range, so the chance of success is significantly lower on this narrow chart compared to a wider range. Please see the original idea for a wider range.

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(alternative daily view) BTC repeating 2022-07 & 2022-08 trend for possible confirmation

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4 hour:

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2-hour

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1-hour

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1-hour

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1-hour (indicators reflect: sell)

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30-min seems relatively flat; however it may dip around 3am UTC-4 to 7am again and rise at 7am. week1 may increase for 2024-04, however it may decline around week2 & week3 (in around 7 to 14 days)

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1-hour

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It looks like there could be a downtrend soon; a possible short term entry.

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2h

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1h USDT.D has increase over BTC.D as TOTAL & BTC has declined. However, some ALTs at the base of this chart below measured in BTC value are still remaining positive over BTC in the time duration of this chart. Indicators for BTC are indicating "RED" status or "DOWNTREND":

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4h view reflect the forecast is still within the white & pink upper & lower lines set in 2023-02 (almost 60 days ago):

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News: "Economist Harry Dent Expects Biggest Crash in Our Lifetime"
" Bitcoin may go down more like 95%, 96%. Dent expects the crypto market may crash alongside stocks, with BTC falling up to 95%-96% from its November 2021 high. "

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$20000 to $21000 within 33 days is possible:

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$26111.00 by 2023-04-29 06:00 UTC-4

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below 25500 after 2023-05-11

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1D

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1D

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3-month with red bottom zone:

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Check out this idea by Tolberti that I agree with:

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2023-06-06 decrease as predicted

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1d view:

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BTC $21700 by 2023-08-30 to 2023-10-31

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1D (with 1D top indicator):

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There is a very high probability that BTC will decrease significantly from 2023-8-15 to 2024-01-15. Especially in 2023-12. recession prediction = 2024-01

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recession prediction = 2024-01

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(click chart to play)
BINANCE:BTCUSDT 1W 2022-12 to 2024-02:

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$150000 to $250000 is still very possible for 2025
Comentários
InvestingScope
Solid technical pattern, I've seen it work countless times on other assets as well.
day0
@InvestingScope, Thank you for noticing. I really like the different trend lines on this one too.
melikatrader94
Good and informative work, thanks
day0
@melikatrader94, Thank you! Yeah I love this one. Gives that nice alternative view.
ilyasolloway
Interesting opinion, like for that
day0
@ilyasolloway, Thank you! :)
IS66WIR
Ty for informatione!
day0
@IS66WIR, I really like this one. :D
day0
day0
@IS66WIR, Feb 28th forecast still in play:
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