Atualizado

The hunt for BTC bottom

This is a daily view of an alternative path that reflects a green path near $32666 to $36666, followed by a downtrend to near the $19666 zone. This is in addition to the blue & pink lines reflecting a bottom near the $14666 to $17666 zones (around 2023-06-06 plus or minus 1-month).

Nota

BTC repeating trend of 2022-07 & 2022-08 (possible double bottom or "longer flatter bottom", before the steady rise to the estimated peak of 2025-01):

Nota

BTC may stop declining before 2023-12.
BTC weekly 2022-03 to 2023-08
BTC weekly 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).

Nota

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

Nota

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. "

Nota

still in play

Nota

still in play

Nota

BTC is taking the green channel for months.

Nota

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

Nota

recession prediction = 2024-01

Nota

It's still in the green dotted line trend. This was meant to expired around 2023-12-31. Then after the Q1 estimated 7 day flash crash (see comment directly above this line; sometime between 2024-01-01 to 2024-04-04), I expect to increase. It may experience a -20% to -50% flash crash, then increase. This is expected to be in 2024 Q1, so this idea (BTC taking the green dotted line channel) will expire on 2023-12-31

Nota

still on target

Nota

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

Nota

what a repeat of the 2020 Q1 crash may look like if in Q1 2024:
(click chart to play)

Nota

1-week
enhanced (black & white) what a repeat of the 2020 Q1 crash may:
(Click Chart to Play)

Nota

Expected to increase before or on 2023-02-03:
(based off of historical data)

Nota

bottom should complete in the next 9.99 to 19.99 days (66.6 days before halving based off of past data). unless: there is a black swan effect from the 2024 spring offensive. also, using this idea (aka magik box) the increase should occur in the next 15 days as well (as displayed in the Jan 3 update above this comment).

Nota

4h may reach bottom between 2024-02-01 and 2024-02-11:
(click to play)

Nota

BTC 4h may reach bottom between 2024-02-01 and 2024-02-11
(click to play)

Nota

2h
(click to play)

BTC 2h $40156 to $43345 with a close eye on $36963

Nota

DCA limit buy $39866.60 (target next 30 days)
$42166.60 and $41266.60 are close also.

Nota

4h DCA entry $39866.60
(click to play)

Nota

recent DCA peaks: 2023-12-08 ; 2024-01-01; 2024-01-08; 2024-01-30; & 2024-02-07

Nota

The 8th (increase) to 12th (decrease) of 2024-01.
Now the 8th (increase) to 12th (decrease) of 2024-02 'may' repeat.
However, I expect that the 12th 'can' be the next bottom's end.

Nota

1W BTC DCA Analysis with Price Labels:
Next Possible DCA Target: near 2024-02-12
(click to play)

Nota

to $81888 and $91999
(click to play)

Nota

1h-chart, next 15 hours:

Nota

$150000 to $250000 is still very possible for 2025

day0

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.

day0