After not posting for a long time, I finally returned to analyzing the market, namely the Bitcoin market. From the chart here we can see the end of Eliotte, namely stage 5 in the 1 week time frame, which means what? That's right, we are at the end of the Bitcoin bullrun. OK, I will explain a little about the chart that I made; First, Bitcoin at the end of this year will reach its highest point at 109k-119k then will fall slowly but still in the 100k area. Second, Bitcoin will experience a fairly
A few weeks ago I posted this, quite a few of them were against it and even thought I was just dreaming, but I was convinced because charts never lie.
RQPEDIA
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End Of The Bitcoin Journey
After not posting for a long time, I finally returned to analyzing the market, namely the Bitcoin market. From the chart here we can see the end of Eliotte, namely stage 5 in the 1 week time frame, which means what? That's right, we are at the end of the Bitcoin bullrun. OK, I will explain a little about the chart that I made; First, Bitcoin at the end of this year will reach its highest point at 109k-119k then will fall slowly but still in the 100k area. Second, Bitcoin will experience a fairly large decline to 60k-65K, why is that happening? as Bitcoin has a CME Bitcoin GAP in the 80k-78k area.
Third, Bitcoin will experience a very large decline in March-April 2025, namely it will touch a price of 43k-45k, why is that happening? because Bitcoin is currently forming a pattern, namely Head and Shoulders, with a low position between 43k-48k. What is next? OK, in my opinion, Bitcoin will hit 100k again in 2027, If; 1. Bitcoin support is strong in the 43k area 2. There is no Global Monetary Crisis. If either happens then Bitcoin will hit 10k again. How is that possible? Yep, we forgot something, namely the CME Bitcoin GAP which is in the 9.8k area. Maybe this is all I can say, and maybe I'll come back a few months from now. I'll just end it here and say thank you.
This is a continuation of yesterday's Bitcoin Price Analysis.
Yesterday we discussed the strategy for getting profits in the 50:50 position
As I said, we are in a 50:50 position where prices can move up or down, but I have explained when and how to respond to this situation. If you patiently wait then you will make a profit and that is enough payment for your patience. and conversely, if you have a gambler's mentality as I said before and even though you get a profit, maybe you won't feel satisfied. Here is a brief overview of the future price direction,
Simple strategy to get profit in the 50:50 position
This time I will share a little of my trading strategy with you. *note: this is only for daily traders not for long term traders. For Bitcoin, it is currently in the 50:50 area, which means it can go up or down, so what should be done? Well, I have 2 directions that you might be able to use, namely; Please wait, in one of the areas as shown in the picture.If you have a gambling mentality you can enter at any time (I do not recommend this). Next, I will give you a little strategy so that you don'