🚩#Bitcoin Technical Analysis‼️ $52.300
👉 What's next for $BTC? For 13-month, BTC has been building a proper bullish channel with 2 first bullish flows followed by 2 accumulation ranges. Currently, a 3rd powerful flow is underway, but making it difficult to meet its final price level.
The "Elliott Wave Theory" tool can assist us in determining a target price. Since 2023, BTC has been in an uptrend channel and we can definitely identify an "Impulse Waves Structure" that consists of 5 price movements, with 3 impulsive + 2 correction waves.
However, there is here a specificity in this presently BTC price structure with the 5th wave, or "3rd Extension Impulse Wave", which is an unusually long impulse wave with 3-subwaves that pushes the price higher.
👉 What's next for $BTC? For 13-month, BTC has been building a proper bullish channel with 2 first bullish flows followed by 2 accumulation ranges. Currently, a 3rd powerful flow is underway, but making it difficult to meet its final price level.
The "Elliott Wave Theory" tool can assist us in determining a target price. Since 2023, BTC has been in an uptrend channel and we can definitely identify an "Impulse Waves Structure" that consists of 5 price movements, with 3 impulsive + 2 correction waves.
However, there is here a specificity in this presently BTC price structure with the 5th wave, or "3rd Extension Impulse Wave", which is an unusually long impulse wave with 3-subwaves that pushes the price higher.
💥 Ethereum Modular Ecosystem Map
👉 I tried to make it easy to understand so that you realize the relevance of this ecosystem map for your investments.
🛠 A Modular Blockchain (#Ethereum #Celestia #ZkSync #Polygon #Arbitrum) manages Specific Tasks in-house and delegate others to specialized networks, instead of a Monolithic Blockchain (#Bitcoin #Cardano #Monero #Solana #BSC #Tron) which tries to manage All Tasks in a single base consensus layer and without relying on third-party blockchains.
👉 This table brings together most of all crypto hi-tech projects that will impact the future of blockchain infrastructures. No doubt that the majority of the biggest crypto nuggets can be found here.
Thx to @Victor_crypto_ for having created this ecosystem map.
👉 I tried to make it easy to understand so that you realize the relevance of this ecosystem map for your investments.
🛠 A Modular Blockchain (#Ethereum #Celestia #ZkSync #Polygon #Arbitrum) manages Specific Tasks in-house and delegate others to specialized networks, instead of a Monolithic Blockchain (#Bitcoin #Cardano #Monero #Solana #BSC #Tron) which tries to manage All Tasks in a single base consensus layer and without relying on third-party blockchains.
👉 This table brings together most of all crypto hi-tech projects that will impact the future of blockchain infrastructures. No doubt that the majority of the biggest crypto nuggets can be found here.
Thx to @Victor_crypto_ for having created this ecosystem map.
🚩#Bitcoin Quick Update‼️ $68,500
👉 Well, I think it was necessary to show that we can still make 100% Technical Analyses with historical price data, patterns, price structure, and reliable technical indicators to identify trends, and evaluate potential predictions... but not like the daily parade of those financial clowns invited in media, predicting "the one who gets the biggest one".
It is unfortunate that experts, media and influencers have now adopted the “absurd standard” that they must always find a reason to explain any movement in the BTC's price structure, being inevitably correlated with Spot Bitcoin ETFs, which is a huge stupidity and shows a real lack of knowledge.
@AlainBKK 9/3/2024
👉 Well, I think it was necessary to show that we can still make 100% Technical Analyses with historical price data, patterns, price structure, and reliable technical indicators to identify trends, and evaluate potential predictions... but not like the daily parade of those financial clowns invited in media, predicting "the one who gets the biggest one".
It is unfortunate that experts, media and influencers have now adopted the “absurd standard” that they must always find a reason to explain any movement in the BTC's price structure, being inevitably correlated with Spot Bitcoin ETFs, which is a huge stupidity and shows a real lack of knowledge.
@AlainBKK 9/3/2024
🚩#Bitcoin Quick Update‼️ $69,300
👉 Media likes drama story... $BTC is still above its ATH level broken, so a pullback from there should confirm its bullish trend
👉 Media likes drama story... $BTC is still above its ATH level broken, so a pullback from there should confirm its bullish trend
🚩#Bitcoin Quick Update‼️ $67,800
👉 Analyzing an asset in an ATH zone without history and a single reliable technical indicator is like a balancing act! Fortunately, no one dies from it on X cos we can see the worst stupidities, which are now always correlated to their new "Holy Father", Blackrock. 🤡
🛠To break its 855-day-ATH, $BTC launched a 1st impulse wave to test it but that was rejected, before a 2nd successful attempt with its price hit $74k, the new $BTC ATH increased by $5,900...
...followed by (1) a CORRECTION as announced by almost all media, experts... or (2) perhaps a PULLBACK??? 😕
I won't explain again the difference, but a "correction" on a,b,c indicates a reversal trend (here,bullish to bearish) as opposed to the "pullback" which confirms the current trend (here, bullish). Easy!
So next time when an expert sells you a "correction" for a "pullback", you'll know he’s not an expert ...and If it's from a crypto training seller, just ask him for a refund! 😅
👉 Analyzing an asset in an ATH zone without history and a single reliable technical indicator is like a balancing act! Fortunately, no one dies from it on X cos we can see the worst stupidities, which are now always correlated to their new "Holy Father", Blackrock. 🤡
🛠To break its 855-day-ATH, $BTC launched a 1st impulse wave to test it but that was rejected, before a 2nd successful attempt with its price hit $74k, the new $BTC ATH increased by $5,900...
...followed by (1) a CORRECTION as announced by almost all media, experts... or (2) perhaps a PULLBACK??? 😕
I won't explain again the difference, but a "correction" on a,b,c indicates a reversal trend (here,bullish to bearish) as opposed to the "pullback" which confirms the current trend (here, bullish). Easy!
So next time when an expert sells you a "correction" for a "pullback", you'll know he’s not an expert ...and If it's from a crypto training seller, just ask him for a refund! 😅
🚩#Bitcoin Quick Update‼️ $70,200
👉 Sorry for all the experts and analysts who saw in this 17% drop a correction phase and therefore a reversal from bullish to bearish trend... whereas as announced here it was the opposite with a perfect pullback which clearly confirms the current upward trend.
I still think $BTC will settle down in an accumulation range for a while...
👉 Sorry for all the experts and analysts who saw in this 17% drop a correction phase and therefore a reversal from bullish to bearish trend... whereas as announced here it was the opposite with a perfect pullback which clearly confirms the current upward trend.
I still think $BTC will settle down in an accumulation range for a while...
Forwarded from Power VIP-Signals (ABKK)
🚩#Bitcoin Technical Analysis‼️ $70.600
👉 Impulse wave (bullish flow), new high price, horizontal accumulation range for 1-3 months, breakout range, then new bullish flow for a new cycle... This is simply the normal process of a (clean) price structure evolving in an upward trend, like most assets in traditional global stock markets.
💦💦💦💦💦💦💦💦💦💦💦
💧 Let the Coolness & Positivity of Songkran Spread in your Life and make this Coming Year a more Blessed for you.
💧 May the Showers of Water Wash Away All Your Problems & Sorrows.
💦 Happy Songkran Festival, my friends!
💦 Suk San Wan Songkran! 🙏🏼
👉 Impulse wave (bullish flow), new high price, horizontal accumulation range for 1-3 months, breakout range, then new bullish flow for a new cycle... This is simply the normal process of a (clean) price structure evolving in an upward trend, like most assets in traditional global stock markets.
💦💦💦💦💦💦💦💦💦💦💦
💧 Let the Coolness & Positivity of Songkran Spread in your Life and make this Coming Year a more Blessed for you.
💧 May the Showers of Water Wash Away All Your Problems & Sorrows.
💦 Happy Songkran Festival, my friends!
💦 Suk San Wan Songkran! 🙏🏼
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💚 Giant #Bitcoin Halving Countdown Advertisement spotted in Bangkok, Thailand 🇹🇭
🚩#Bitcoin Halving done‼️ $64.200
👉 This morning, it looks like that Bitcoin miners are still around and that's a good news! 😂
If Bitcoin Halving can cost miners billions of dollars in losses, their revenues reached record levels on last month with 75/80 millions per day.
👉 This morning, it looks like that Bitcoin miners are still around and that's a good news! 😂
If Bitcoin Halving can cost miners billions of dollars in losses, their revenues reached record levels on last month with 75/80 millions per day.
Forwarded from Power VIP-Signals (ABKK)
--------------------------
✅ Best Immutability Blockchain
👉 #BITCOIN for high-security immutable blockchain where the data entered is irreversible. Transactions are permanently recorded, and viewable to anyone. #PoW
👉 Global Store of Value.
🛠 Competitors: Don't waste your time and #StayAway from any so-called "BTC-Killers"
🎯 $BTC Target: $180,000
--------------------------
✅ Best Scalability Blockchain
👉 #ETHEREUM Layer-2 blockchain scaling solutions, are protocols built on top of existing blockchain, resolving immediately scalability issues.
👉 The SCALABILTY TRILEMMA was first described by Vitalik Buterin to describe the trade-off between 3 Critical Aspects of the blockchain technology: #Security #Scalability and #Decentralization
👉 2024 ETHEREUM ECOSYSTEM:
🔅 4,000 #dApps
🔅 53 millions #DeFi & #NFTs smart-contracts
🔅 100 millions $ETH accounts with $Ether balance.
🛠 Competitors: Sinjce Vitalik has always maintained a huge competitive advantage with regular upgrades to optimize the Ethereum Blockchain & develop ETH Ecosystem, just #StayAway from any “ETH-Killers”=.
🛠 Next ETH Upgrade: "Electra Prague", and then "Verkle Trees" to help nodes store large amounts of data.
🎯 $ETH First Target: $9,000
✅ Best Immutability Blockchain
👉 #BITCOIN for high-security immutable blockchain where the data entered is irreversible. Transactions are permanently recorded, and viewable to anyone. #PoW
👉 Global Store of Value.
🛠 Competitors: Don't waste your time and #StayAway from any so-called "BTC-Killers"
🎯 $BTC Target: $180,000
--------------------------
✅ Best Scalability Blockchain
👉 #ETHEREUM Layer-2 blockchain scaling solutions, are protocols built on top of existing blockchain, resolving immediately scalability issues.
👉 The SCALABILTY TRILEMMA was first described by Vitalik Buterin to describe the trade-off between 3 Critical Aspects of the blockchain technology: #Security #Scalability and #Decentralization
👉 2024 ETHEREUM ECOSYSTEM:
🔅 4,000 #dApps
🔅 53 millions #DeFi & #NFTs smart-contracts
🔅 100 millions $ETH accounts with $Ether balance.
🛠 Competitors: Sinjce Vitalik has always maintained a huge competitive advantage with regular upgrades to optimize the Ethereum Blockchain & develop ETH Ecosystem, just #StayAway from any “ETH-Killers”=.
🛠 Next ETH Upgrade: "Electra Prague", and then "Verkle Trees" to help nodes store large amounts of data.
🎯 $ETH First Target: $9,000
🚩#Bitcoin Quick Update‼️ $61.000
👉 With BTC oscillating in this accumulation range and just past the halving, there is absolutely nothing to do except wait for an exit range. You know the stats: 50/50 North/South. You can close your screens and go play golf.
👉 We just note for the first time the advance of $BTC over the Alts, so in case of Breakout we will see all reliable Alts to rise quickly.
👉 With BTC oscillating in this accumulation range and just past the halving, there is absolutely nothing to do except wait for an exit range. You know the stats: 50/50 North/South. You can close your screens and go play golf.
👉 We just note for the first time the advance of $BTC over the Alts, so in case of Breakout we will see all reliable Alts to rise quickly.