In this update, we will talk about the current movement and our prediction for the next move and potential ATH, bottom for BTC !! first, i know people are affected by what is happening at present, and any idea contrary to their whims they will not be satisfied with them, so I want you before rush to write your comment, read what we wrote here in the description!!
in this chart, we used the Fibonacci channel and used the 0.618 golden ratios with red color as the main levels to indicate movement with some minor levels you can check it with black color!! first, let us talk about the current movement?! with this breakout for 2017 ATH(by the way, I`m happy for BTC holders who have recovered their loss since this time!!) we can see there`s no weekly close yet above it so close with a long wick below 2017 ATH will be a clear sign of weakness and support bears to take a move something like that can happen due to when people think the price will never stop growth actually it will do.!!
Where is the logic of movement?! The logical thing is, closing above 2017 ATH with some growth or sideways movement and that will give alts some space to grow, by the way, if you don`t notice that ETH didn`t recover yet and many coins although when btc was at the same levels in 2017 ETH and other top caps was in X3/X5 gains !! so following this scenario will be nice and all of us will be happy.
What the next movement? by closing above 2017 ATH weekly ( i noticed the monthly close of Nov and that was great by the way) BTC will have a chance to reach $25500/27500 3.618 fib zone and from it, we can see clear weakness for the small retrace or sideways there, during that TOP caps will seize the chance to grow.
Potential ATH levels? $26500/$33500/$39490/$46450 (and i support crash from $33500/$46450) that should be the last ATH line for now although i posted some charts you will find below the chat talking about fomo levels but i can`t find any logic to go more than these levels, I could be wrong or right, but this is still my belief, and don`t like any logarithm charts.
The possible dump? and the potential bottom?! always when the price goes up people stop thinking about the dump and the fomo take control of them so they buy without any thinking about risks or price cycles or market rules, which make them rekt easily. for sure there will dump coming and that dump will be like 2017 or similar to it. and the potential dump will be to $18100/14500/11500/9350 and that will give great operations for sure.
our last long position from $17850 closed at $21500 since hours ago !! Right now we wait for the retrace movement and we still hold these calls from the 2018/2019/2020 dips !! that we shared with you!!
Long term signals 2020 $3750 price rebounded from $3780 without activating proof $5050 still active sl at entry Proof the last target still hold (Still Active) $5800 still active sl at entry Proof the last target still hold (Still Active) $6550 still active sl at entry Proof the last target still hold (Still Active) $8875 still active sl at entry Proof the last target still hold (Still Active)
Also our long term signals since 2018/2019 $3150 (Signal Proof) Still active last target still hold $3322 (Signal Proof) Still active last target still hold $3762 (Signal Proof) Still active last target still hold $4050 (Signal Proof) Still active last target still hold
Ps: We don't short btc or using leverage or trading BLV tokens!! our Signals for spot trading only. Also, The TA updates is an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else. What we have mentioned here is an attempt to help you understand the course of things, but the priority of what you think, always remember risk management is your only way to survive in the market.
#BTC some of our ideas we shared with you!! at 2017/2018/2019
Is BTC starting calm?! 2017 people Call $100 K and we say time to sell $16000/$20.000 Then BTC $3100 In 2019
Above first buy point 2018 from $6000/5450 to $11500 With the most important condition for the beginning of a new trend which remains effective today!!
BTC And holding Your breath BTC did it during the whole year made everyone holds their breath During people call for recovery, we explain to them what the next for btc !!
BTC Set Your Buy Limits !! Since Mar 2018 We set $5100 / $3200 as the main buy zone for BTC don`t believe that until you check the Chart !!
BTC!! When almost people Says, Breakdown and $5000 is next, we said No, it's still had a chance to rebound again before continues fails " Check what was your view in this time and check our analysis"
BTC What the Next!! Trade with movement, real example... check our signals, check our expectation and enjoy with reading the details below the chart
And there are many Charts and price predictions we shared during this time you can review all of them on trading view There some mistakes there some good results, after All with reconciling and repay from Allah, All signals we shared for btc talk about themselves !! Enjoy by reviewing our analyses and signals, and leave your comment below the idea if you want to ask about anything!! Regards HamadaMark
Working on updates, signals, and advice takes a lot of time and effort And your support makes us continue to provide that content, you can show your support by sharing our ideas with your people, press the "like button", leave your feedback below our ideas.❤️ Good luck to all. we ask Allah reconcile and repay🙏