Bitcoin Technical Analysis update 3 months ago, in this post, and the post that follows it from August 15, I called for a price decline towards the $4850 and $5200 region. We've reached those targets.

Ignore the variable 'time'. This is a lay-out for price movement. Reminder of the full count, as shown in my blog post 3 months ago: This count has held for an equal amount of time.

Update: Still nicely on track towards the target. Anything between now and $7500 is short territory. Structure Daily chart 4 Hour chart 30min chart subwaves of cyan (C) wave's yellow "v" wave

Structure Daily chart 4 Hour chart 30min chart subwaves of cyan (C) wave's yellow "v" wave (with subwaves white (1) through (5)

Previous, in-depth analysis: Small update: We're still on track towards our target of $5,200 (with a potential wick towards $4,800), as shown below: White subwave (2) could potentially retrace upwards

Please note: to view images in their full resolution, right click the image and open it in a new tab. If you would like to read the previous post, I have included it at the bottom of this one. Imagine

Please note: to view images in their full resolution, right click the image and open it in a new tab. I will try to make a case for the full (bull) count of this bear market/correction, starting from scratch.

Buy opportunity at the 0.5 I will keep this very short. We are doing extremely well and are completing our waves, as predicted/ expected in the past few days. This is the full count + targets and information

Please read my previous two blogposts first. Notice how the smaller iH&S that we had at the bottom shows the exact same pattern as the pattern that has developed/ is developing right now. Furthermore,

We reached an algo target (where the 0 retrace is) and they're going to be buying the 0.5 retrace. Thank you for upvoting/promoting my blog. Regards, Arch

In short: This is what I am seeing as an analyst. This whole move is still wave 2 in an ascending wedge pattern (bullish). It'll form a cup and handle within the right shoulder. on the 4H, this drop would

Simply putting the charts out there:

Brief Charts t Last night, I left you with a retrace target of $10,751 for white ii. Said target was hit with high precision and Bitcoin continued its move up from there. Look at the chart below (the yellow

Please read my core post blogs to stay informed about the overall count and bigger picture! In short I will keep these posts extremely short, unless I decide to post a CORE POST. These cores will include

Bitcoin is well on its way to complete the large iH&S and enter bull mode. It is currently trading above the 'Two' trend line, and we definitely want it to stay above that line. Here is a zoomed version

The Kumo cloud's flatness on the 15 min is acting as a magnet and is most likely going to put in the 4th subwave of i. We can already see a bullish green cloud starting to form. Support should be found

Overnight I will keep this short. Overnight price action has put in a rather shallow (just shy of the 0.5), but very much an acceptable low. Both the Daily and 4H stoch RSI have turned quite bullish, and

To view images, please right click them and open them in a new tab! In short: Entry points as shown below: Previously In my previous post, I pointed out that I would entertain both the bull trap count

History First and foremost, a few initial comments on the high timeframe view of Bitcoin. January 2018 produced a descending channel, which Bitcoin respected quite well. Highlighted in yellow are some