HenrikDaCrypto

Bitcoin just broke to the downside out of this pattern. This is a huge SELL signal and a big warning, increasing the chance that the Bull Market has ended massively. If Bitcoin does not hold the 92k support, we might see a correction described in the following. As I predicted in my Roadmap for this cycle Bitcoin turned in the area of 108k-111k and is now correcting. In that post I stated, that I expect Bitcoin to retrace to the support area between 73k-77k. There we got a 50% chance of Bitcoin turning and retesting the 108k mark. If this support area is not holding we might see a retraction to the 62k support. If that happens, the probability, that the Bull market has ended, will increase significantly to 80%. If we turn at the first mentioned support area, chances are 50/50 that we get new ATHs this cycle.If Bitcoin closes 4h candles below the 92k Support, then I’m convinced that this scenario will almost certainly play out. Good Luck

XRP is in a parabolic curve. Its the time of the bull market where people forget, that the XRP token is the stock of the company XRP which offers transaction solutions. Its the time of the bull market, where people forget, that XRP is a trash coin. A little more space to the upside is left, maybe 3$ or 3.20$. But there will be a huge blood bath when XRP drops out of this curve. Same as CRO where I predicted the top perfectly.

In the short term, Bitcoin and especially Altcoins like Solana, Chainlink, Cardano, Matic and Polkadot will drop. After that correction, which will be very big for Cardano and Polkadot, will be the best opportunity to buy before the real rallye begins. Bitcoin could go as low as 87-92k.

I expect Bitcoin to top out in an area between 124-142k this bullcycle. In a window between mid April and late May. I think that this is the most realistic price prediction that you could come up with and that predictions like 250k are staked way to high. I would start selling at around 124k to prevent being hit by the start of the bear market. This will be a bull market not a bullcycle.

Trump will win. After the announcement of his win, Bitcoin will retest the old high, then pump a lot to about 76-78k and then come back to around 74k. We might also see a dip after that, but for the longterm it’s an important catalyst to start a new rally towards 100k.

The upcoming US-Election is coming closer and closer with only 8 days left till election day. As we all know Trump supports cryptocurrencies and might give Bitcoin a boost. If Bitcoin can stay stable above 70k until the election, I think that there will be a new ATH in November. Solana just broke out of this big long-lasting pattern, which is very important for the further price development. The target of this pattern lies at around 280-380 dollars. I think Solana will reach the top in late Q1 2025/ early Q2 2025. I expect the top to be at around 400 dollars.

Bitcoin is currently trading inside a Bear Flag and has just retested the very important resistance level at 58.5k. If Bitcoin doesn’t close a 4h candle above this level in the next 24 hours and doesn’t break above the upper resistance of the Bear Flag, we could see a continuation of the downwards trend potentially forming a double bottom at 49k or retesting the very strong support level of 42k. If Bitcoin manages to break above the upper line of the Bear Flag, we could see a rapid recovery towards another retest of the 70k level. I think the chance that Bitcoin might see another drop is slightly higher, because the Yen carry trade is not fully unwinded yet and the market might need to cool down a bit more.70k RESISTANCE RETEST CHANCE: 40%49k DOUBLE BOTTOM CHANCE: 45%42k SUPPORT RETEST CHANCE: 15%Bitcoin broke above the upper resistance of the Bear Flag, bullish Target of 70k ahead

The United States of America just announced, that they will buy one million ‼️ Bitcoin. Those are worth about 68 billion at the moment, but this buying pressure would, even spread over a longer time period, move the price up significantly. Furthermore Trump spoke at Nashville Bitcoin conference and said many very positive things about Bitcoin. He outed himself as a Bitcoin supporter. If he gets elected, what’s likely going to happen, he will take acts to make the United States of America the Bitcoin Superpower of the world. Mass Adaption of cryptocurrency would follow. If he gets elected and all this plays out as described, an evaluation of 180-250k $ per coin can be expected. Long term even 320-420k $ This is the moment the world of crypto had been waiting for.

DOTUSDT is one of the coins that underperformed this bull run. At the moment, Dot is priced way too low, with a low RSI of 40. If BTCUSDT surpasses the 74k mark, we will definitely see Dot breaking to the upside from this falling wedge, which has a Target of around 15. Big resistance that have to be surpassed lay at 10.3 and 11.9.

Bitcoin successfully broke to the upside of this triangle and will most definitely hit 84k very soon.