Hi,friends!
Based only on the technical analysis of the BTC/USD exchange chart, I can assume the movement of the bitcoin price for the next three to four months. I would like to note that I will not take into account fundamental analysis with economic and political risks.
Исходя только из технического анализа биржевого графика BTC/USD, я могу предположить движение цены биткоина на ближайшие три - четыре месяца. Хочу заметить, что фундаментальный анализ, с экономическими и политическими рисками, я в расчет брать не буду.
1. Bitcoin showed a maximum of $18140, as it rested on the red line of resistance 1.
2. This creates a new powerful resistance line (2 white).
3. If the price was quietly growing along the yellow support line 4, the price of bitcoin could grow significantly higher. But stock speculators came into play. They sharply dispersed the price around $15,500. As a result, a "cone extending upwards" was formed on the chart (yellow lines 3 and 4)
4. In the near future, there will be another attempt to break through the resistance line 2. The attempt will probably be unsuccessful.
5.There is only one way out of such a stock figure - down. The nearest strong support line is the white line 5. Thus, I assume the probability that we will still see prices for bitcoin in the region of $11,000-12,000.
1. Биткоин показал максимум $18140, так как уперся в линию красную сопротивления 1.
2. Таким образом подучилась новая мощная линия сопротивления 2 (белая).
3. Если бы цена спокойно росла вдоль желтой линии поддержки 4, то цена биткоина могла бы вырасти значительно выше. Но в игру вступили биржевые спекулянты. Они резко разогнали цену в районе $15500. В итоге на графике образовался "конус, расширяющийся вверх" (желтые линии 3 и 4)
4. В ближайшее время будет еще одна попытка пробить линию сопротивления 2. Попытка наверняка окажется неудачной.
5. Выход из такой биржевой фигуры только один - вниз. Ближайшей мощной линией поддержки является белая линия 5. Таким образом допускаю вероятность того, что мы еще увидим цены на биткоин, в районе $11000 - 12000.
Sincerely, @upvoteinvest
PS I do not recommend using my posts as an acceptance for action. This is the world of cryptocurrencies, where everything can change in one minute. My posts are a subject for reflection.
Curious to see if BTC will dip to $11,000 - $12,000. It will for sure correct, but that low... I geuss it has small chances. Not impossible though.
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)) .. I don't claim. I only assume that this is possible.
Not saying the other way. Just shared my take on the analysis. It's not like it can't get to $11,000, it's just that I find that less likely to happen.
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The timeframe on the chart is 3 days. So this fall is expected in January, approximately.
January and February are usually winter months for crypto. Seems that June, July and end of the year is when cryptos appreciate in price.
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Thank you for your comments. Bitcoin should fall quite seriously, as the next big increase is likely to reach $30,000. I think so.
The way some are forecasting it might get to 300,000 by the end of next year but it's clear that it won't get straight to that number.
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