Urbanmove

Updating the BTC coverage. Was hoping to push thru directly to $132k, that did not happen. It looks more likely BTC will drop back to $84,500 before a resumption of trend can continue. There is a chance she can hold at $95,600 but currently not the best odds for that. A full dip looks to be coming. Take profits on BTC now.

BTC HAS BROKEN 2 TREND CHANNELS, RED , YELLOW. AND BADLY DAMAGED THE PRIMARY, BLUE. Its taking out support after support on 1st touch. If BTC penetrates again thru blue, BTC will begin a larger correction. BTC must stop falling at $105,600 - $105,000. The downside target is not yet defined.

Adding more detail to the current forecast. I originally had this a short opportunity at or near $104,500 or so. But I have modified that to safer played as a sell - $105,000 - $106,400 and then stand to the side, and buy back lower , near $96,400 - $95,900 for what then becomes an ATH. This could be risky for home gamers, so handle your own dreams accordingly. In the end, this resolves higher, not lower and below $83,000 as I had originally thought. Murrey Math, Elliot Wave, and Gonzalez wave systems being employed. Comments and Dms always welcome. Good luck!

Well, in a somewhat interesting turn of events, I can see my Stop loss at $105,300 is going to get hit, and BTC will push higher. Its pre-emptive, as we have yet to touch $105,300. But the micro wave structure looks clear to me. So in a somewhat sensational way , the new target is an all time high plus about $22,000 more. Happy Trading. Lets hope this does not turn into a bad case of the whiplash.

BTC has arrived as forecasted into its next resistance zone. That should be abundantly clear from 150 colored lines I have on my super straight forward chart. ( sike ) I could go into great detail as to why I lean toward this is another local high, but why? I never do that. Just check out the results. We'll see how it goes. Comments and DM's always welcome Happy Trading. GO Murry, GO Gann, GO Elliot GO Kumar.As tlati mentioned the $102k , I will add on to $104,500 as the flash spike.This is going to get stopped. Might as well do it now. See new chart for new BTC target.current price - $103,557 - Kraken

This is an update to the BTC surge forecast. Not much to say, about $5000 more to go. Atleast. Stay tuned.

Bitcoin is about to Surge big time with a quick move to near $98,500. The set up seems clear and is unfolding nicely. Its likely to run into major resistance at $98,500 - $102,000. So it will get choppy up there and stall out for a while. Stay tuned to what comes next?????

Ive been looking for a bottom at 73K-72k for some time. We saw $74,400 and I'm not sure that was THE low. And now we have begun what looks like a false break out. The price is good, but the wave structure is all wrong. In this would be strong counter wave rally we could see prices to around $98,400. Its time to close the shorts, and open the longs but stay very vigilant as this is not another bull leg that leads to a new high. ( In my opinion) It is a decent opportunity to make some money on the long side, but at the end of this rally, I would be opening shorts again. Ill keep posting as developments occur. Prices above $87,600 are very bullish.

Welp, this is the 1st structural signs of life I have seen in BTC in a long time. There is almost zero chance she can go make a new low any time soon. At worst she goes sideways. At best she works through this blue down channel, and takes a solid rally. Either way. Shorts should be closing. And long positions should be opened. Breaks over $85K become Uber bullish. But we are also right now Uber bullish short term.So BTC has now moved into the break out warning track area. Location is screaming , break out. But the wave form looks like a bunch of weak 3 wave forms. So I am thinking higher prices, that still end up eventually leading into another low. Could also be the fake sucker pump. Not sure. But what I am pretty sure of , is higher prices are coming immediately from here. And then should top , and head to a new low. Lets see if that happens. Targets for the coming local high would be near $96,400 or so.Technically the title of this chart is now that great. As I dont think BTC has bottomed. It was more click bait than anything. But Trading View does not allow edits, and I am not going to re post all this just to correct the title. Next time, no click bait title.

I have been tracking the bearish decline for Bitcoin for about 7 months. We look to be entering into the fireworks moment where it really dumps. The buying opportunity awaits. Unfortunately tho, its only for those who were wise enough to sell the top. My most conservative target has remained $73,500. However, $68,500 - $61,500 now look well within reach. So saving powder for those pull backs seems prudent. Will update upon breaks of $73,500. Elliot Wave, Murrey Math, Kumar Wave being used for this and all of my forecasts. Happy Trading, comments and DMs always welcomed.