Yeah, resistors work well. I think it's all right for now. Everything is going fine. Not 100,000 in a day. But I think it's inevitable for a long time.
I've been waiting for you. The analysis you promised yesterday. :)
I don't think it's the same as Bitcoin 2018. In 2018, there was no company that supported bitcoin. Only the head was. Currently, huge companies support bitcoin.( I'm not talking about Elon Musk. He's just a manipulator.) Companies cannot accept losing. They always have plans. And a lot of people know now. This is a novelty. It's a new technology.
Your analysis looks good. Moving averages are the most reliable indicator. Because it's math. I'll check the ichimoku indicator when I get home. That's pretty important, too. But now we see that the wind is blowing behind us.
Thank you for the good analysis. I hope you'll continue the analysis in other departments. I looked with pleasure.
Yeah, I know about Amazon. I'm talking about companies like Microstrategy, Galaxy, Riot. There are many companies like this. And if I'm not mistaken, Microstrategy has more Btc than Elon Musk. I'm not sure that's the last thing I said. But these are also strong hands. They're not active on social media like Jeff Bezos or Elon Musk. But powerful companies. They are not single. There are many more companies.
If Bitcoin crosses ATH before the end of 2021, I think $100K would be easily captured. For this reason, it would be best for us to keep as many Bitcoins as possible.
Such analyses are very helpful for us. That's why I find your work so valuable. Thanks for your effort.
I think it will be 100k, but personally 70 80 90 can be considered psychologically resistance. Of course, I don't expect 100k directly, but I think it will.
Bitcoin can go to the target by breaking the rising trend and retesting the rising trend that it broke in the first week of August, rather than going directly to 43 thousand.
I think volatility will rise steadily by holding on to resistance points rather than increasing.
People have FOMO right now, I think this is the right thing, I think this opportunity will not be missed. If it forces the upper resistance and reaches 35 thousand again, I see it as a definite buy signal.
I think there should be better news for FOMO. I don't have to be rooted. It's enough for someone who's been followed by a lot of people to say I'm buying Bitcoin
I wished everything you have mentioned would happen in near future. But there are things that cannot let BTC hit $100k mark at least this year.
Bitcoin is 100% not the best cryptocurrency existing, this is the first reason. I think Ethereum should take over. Another reason is China forbidding any kind of crypto on their market. If we search up which country had made most of BTC mining money - China. So we are losing our biggest hero on the market. To defend bitcoin all I can say that it's the first crypto and the most hyped one that make thoughts real about going up to $100k.
Bitcoin may not be the best, but it's the first. And my opinion is that BTC will always be first in the ranking. I think if he falls from the first row one day, there will be a huge imbalance and a huge damage to the market. I don't think it's possible for something like this to happen in recent history.
Yeah, during marketcap first. I think bitcoin will always be at the top, whether it's popularization or not. Something that started the revolution cannot be left behind.
If bitcoin drops to 10k, the crypto industry will most likely end because we have one last hope left. (unless another coin comes out instead of bitcoin)
I think this decline is a resting phase.
It's a phase for big companies to assemble.
I told everyone who told me that BTC will fall and the crypto industry will go bankrupt, to wait this winter. Don't mislead me btc or I won't be able to go out on the street.
Thank you so much. I'm already starting to like your analysis. I hope you continue. I hope what you say happens and we'll write here together while BTC is 100k.
Yeah, it looks like a new bottom. Many indicators support this. A golden cross intersection is also present in the 4-hour chart. I hope this is the point where we start our ascent.
This is really helpful specially for crypto newbie like me. I like reading this kind of stuff to widen the information I know about the crypto cycle. But of course, I always do my own due diligence of knowing about specific coins. Great job!
Thanks Phantom,
This was interesting to read.
Those charts you posted were informative too. Nice stuff putting those together. I'm ready for more if this.
Continuation of the bull run in following year strongly believable. Most of the indicators and analysts point out the way upwards.
Bitcoin refreshed our hope previous week. Even though if it would try going down several times, we know that there will be resistance.
In my opinion, we will Bitcoin reach six decimals within 1-2 years.
Thank you for your analysis Phantom, hope you will continue to be a writer!
Yeah, resistors work well. I think it's all right for now. Everything is going fine. Not 100,000 in a day. But I think it's inevitable for a long time.
I've been waiting for you. The analysis you promised yesterday. :)
I don't think it's the same as Bitcoin 2018. In 2018, there was no company that supported bitcoin. Only the head was. Currently, huge companies support bitcoin.( I'm not talking about Elon Musk. He's just a manipulator.) Companies cannot accept losing. They always have plans. And a lot of people know now. This is a novelty. It's a new technology.
Your analysis looks good. Moving averages are the most reliable indicator. Because it's math. I'll check the ichimoku indicator when I get home. That's pretty important, too. But now we see that the wind is blowing behind us.
Thank you for the good analysis. I hope you'll continue the analysis in other departments. I looked with pleasure.
I agree with what you say there are more institutions behind us. Nothing is the same as before.
Although Amazon refuses now, it will realize that it will have to use it in the future. And I think he'll definitely accept.
Amazon rejected though
Yeah, I know about Amazon. I'm talking about companies like Microstrategy, Galaxy, Riot. There are many companies like this. And if I'm not mistaken, Microstrategy has more Btc than Elon Musk. I'm not sure that's the last thing I said. But these are also strong hands. They're not active on social media like Jeff Bezos or Elon Musk. But powerful companies. They are not single. There are many more companies.
It's a nice continuation of yesterday's article.
If Bitcoin crosses ATH before the end of 2021, I think $100K would be easily captured. For this reason, it would be best for us to keep as many Bitcoins as possible.
Such analyses are very helpful for us. That's why I find your work so valuable. Thanks for your effort.
I think it will be 100k, but personally 70 80 90 can be considered psychologically resistance. Of course, I don't expect 100k directly, but I think it will.
Bitcoin can go to the target by breaking the rising trend and retesting the rising trend that it broke in the first week of August, rather than going directly to 43 thousand.
I think volatility will rise steadily by holding on to resistance points rather than increasing.
People have FOMO right now, I think this is the right thing, I think this opportunity will not be missed. If it forces the upper resistance and reaches 35 thousand again, I see it as a definite buy signal.
I think there should be better news for FOMO. I don't have to be rooted. It's enough for someone who's been followed by a lot of people to say I'm buying Bitcoin
I wished everything you have mentioned would happen in near future. But there are things that cannot let BTC hit $100k mark at least this year.
Bitcoin is 100% not the best cryptocurrency existing, this is the first reason. I think Ethereum should take over. Another reason is China forbidding any kind of crypto on their market. If we search up which country had made most of BTC mining money - China. So we are losing our biggest hero on the market. To defend bitcoin all I can say that it's the first crypto and the most hyped one that make thoughts real about going up to $100k.
Bitcoin may not be the best, but it's the first. And my opinion is that BTC will always be first in the ranking. I think if he falls from the first row one day, there will be a huge imbalance and a huge damage to the market. I don't think it's possible for something like this to happen in recent history.
First in market cap or what? When crypto becomes more popular than it is, BTC will go down
I don't think btc will lose the first place to anyone
Yeah, during marketcap first. I think bitcoin will always be at the top, whether it's popularization or not. Something that started the revolution cannot be left behind.
Thanks for the technical analysis. Now towards 100k
If bitcoin drops to 10k, the crypto industry will most likely end because we have one last hope left. (unless another coin comes out instead of bitcoin)
I think this decline is a resting phase.
It's a phase for big companies to assemble.
I told everyone who told me that BTC will fall and the crypto industry will go bankrupt, to wait this winter. Don't mislead me btc or I won't be able to go out on the street.
Thank you so much. I'm already starting to like your analysis. I hope you continue. I hope what you say happens and we'll write here together while BTC is 100k.
Thank you so much for your analysis.
Have a nice day.
Great article and review.
reinforced the feeling that we are still in a bull market.
I think the area where Bitcoin is currently consolidating is now a new bottom and gaining the needed support is gaining momentum on the upside.
so I think it's giving more buy signals now than ever before.
it's not too late to buy bitcoin
take and hold
Thanks for the great article.
Yeah, it looks like a new bottom. Many indicators support this. A golden cross intersection is also present in the 4-hour chart. I hope this is the point where we start our ascent.
Thank you for presenting these nice analyzes to us, I hope everything will be bullish.
When are you teaching me to understand charts better like you 👀
Amazing Article
Interesting too
Thanks Phantom :)
EOS 🔥❤️
BTC ❤️🔥
Buckle up, we're about to take off!!!
This is really helpful specially for crypto newbie like me. I like reading this kind of stuff to widen the information I know about the crypto cycle. But of course, I always do my own due diligence of knowing about specific coins. Great job!
Nice to see you here man.
Your articles are great, I'm following you.
Thanks for the article.
Wow, another nice continuation of the beautiful article.
I hope you continue your analysis because I like them.
Thanks for the article.