spilkerBTC
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spilkerBTC
Bitcoin looks like it wants to break above its resistance and push upwards. My prediction still stands of 150-165k as cycle top.Resistance levels (based on fib extension)121.5k (0.618)136k (1.00)Breakout
spilkerBTC
Bitcoin will likely form bullish structure here at ATH as we near a breakout. A bull flag or a falling wedge will create significant momentum and push BTC towards 125k+ on initial wave. Cycle top remains ~150k.
spilkerBTC
Key support trendline should offer spring towards the next bullish wave.ETH is nearing key resistance zone at 2800. Expect a fight between the bulls/bears at this level.ETHBTC is forming a continuation pattern on lower timeframesETHUSDT just needs to cross the 2,800 threshold to skyrocket the price.
spilkerBTC
The recent sell off today has offered a great buy opportunity for those still sitting on the fence.
spilkerBTC
spilkerBTC
Litecoin recently underwent its halving event on August 2nd. If we look at how the price reacted to each halving, it typically trends downward for about 1 year before it sees its bull run.Litecoin is no different than BTC when it comes to its cyclicality. Here's a chart I published early this year:You can see how BTC tends to move in very distinct cycles and often follow predetermined time intervals. Will the pattern continue? I'd say so. Even if not identical, the cyclical nature of cryptocurrencies is a very appealing investment.
spilkerBTC
spilkerBTC
Bitcoin has hit its bottom It is very likely Bitcoin has already reached its lowest it will reach for this cycle. It is smart to start buying in these levels to take advantage of the consistent cyclical nature of Bitcoin.Comment:
spilkerBTC
It's been a rough year for Bitcoin and crypto investors. However there is a lot of support here which could push BTC's price back upwards of 35k. Bitcoin's previous ATH was 20k and we are currently hovering right above those levels. We are testing the 200 week moving average which has been a reliable source of support throughout Bitcoin's history. I would guess a recovery from here, but it will take time. Some consolidation for a couple months until we really see the price start to reverse back upwards.
spilkerBTC
OXT saw a nice rise yesterday as the crypto market becomes increasingly more attractive to buyers. Typically the market favors BTC/ETH first then money cycles into mid and small caps.Entry: 0.2665Stop: 0.25Target: 0.38Closing the trade here for +13%
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