Regular daily update on BTC ta analysts opinions.
Own comment:
- We still move towards the 10'000 which a lot of analysts see as a significant resistance. After that a correction is expected.
- I adapted the "bottom" call for those analysts turned bullish to the current bottom.
Analysts key statements:
- Tone: -no new update-
On the weekly we broke out about the 9090.80 which makes the weekly look bullish. He thinks 10'000 will be a big resistance. Daily looks good. Count is on 1 after a flip - because of the last candles this could also be considered a 7 so after tomorrow could be treated as a 9 (possible sign for reversal of momentum). The 4 hourly he sees a cup and handle formation with a potential 3'000 upswing as target. Chart is on a 4of9 and 4 of 13 countdown - so we might get some kind of a pullback (due to strong 10'000 resistance). Hourly chart - channel (parallel) we hit the top of the channel. 5of9 on the hourly - 4 more hours bullish than a pullback expected. : Sees that current wave leads us towards 10'600 followed by a correction to 10'000 and than going up to 11'300.
: Price moves up as expected. He sees 10'000 and than a small correction before going up further.
: -no update due to a day off-
Expected trading for today 8'000 - 10'700. Continued bullish outlook for today. We have two strong support lines which support his bullish case of bitcoin and will lead to new ath. He will take a short vacation (48h) to celebrate Valentines day with his wife: Well earned, enjoy!: He see top of this bullish move at 9'750 to 10'000 followed by a correction towards 9'500-9'000. In his chart the current trendlines and options a shown very well.
Overall sentiment: mixed
(last: mixed)
Reference table
| analyst | latest content date | link to content for details |
|---|---|---|
| Tone Vays | 14. Feb | here |
| @haejin | 15. Feb | here |
| @ew-and-patterns | 15. Feb | here |
| @lordoftruth | 14. Feb | here |
| @philakonecrypto | 15. Feb | here |
Definition
- light blue highlighted = all content that changed since last update.
- sentiment = how in general the analysts see the current situation (bearish = lower prices more likely / bullish = higher prices more likely)
- target 1 = the next price target an analysts mentions
- bottom = price target analyst mentions as bottom
Both target are probably short term (so next few days/weeks) - lower/upper barrier = Most significant barriers mentioned by the analysts. If those are breached a significant move to the upside or downside is expected. It does not mean necessary that the sentiment will change due to that (e.g. if upper resistance is breached it does not mean that we automatically turn bullish).
If you like me to add other analysts or add information please let me know in the comments.