We will see the price structure, fibonacci and Gaussian Channel about to break. Keep reading
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Bitcoin breaks channel
Yesterday I made a post already mentioning the possible break of the channel
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Today Bitcoin breaks channel and changes the short-term structure from bearish to bullish.
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Marking higher short-term highs
Dominance
Bitcoin continues to rise in dominance
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It broke 50% upwards, an important figure on a psychological level and at this moment it is at 51.25%
Institutional investors are buying Bitcoin
We see increases in Alcoins but to a lesser extent than Bitcoin.
Important to see if the dominance continues to rise in corrections, which would suggest that alcoins can continue to regress with respect to bitcoin
Fibonacci
It continues to rise today. At the time of making this post, Bitcoin already exceeded 29,000 dollars.
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To think that a week ago it was at 25,000 and some analysts, according to their analysis, said that bitcoin would reach 20,000 or less. what do you think?
I leave you the analysis of Bitcoin Fibonacci to 63000
As I mentioned above, the break of the channel could indicate that the medium-term correction could be complete.
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If we measure by fibonacci, the entire bullish cycle, it only corrected 38%, which would indicate either that there is a lack of correction or that bitcoin's momentum would be very bullish in the long term. What do you think?
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If we apply elliot waves we could complete the first 5 waves of wave 1, of the great upward momentum, as well as its correction. (waves 2)
If we measure, wave 3 would be giving, at 2.63 fibonacci extensions, for the target of 63,000 dollars,
%2010.54.11.png)
Analyzing a time line, we could reach the goal, by the end of 2023, then starting a new correction, until the possible May halving date, what do you think?
Gaussian Channel
Something important is happening in the Bitcoin chart with respect to the Gaussion Channel weekly chart
%2009.27.40.png)
It is about to break out.
This would be very good for the bullish price structure in Bitcoin
When it has broken upwards it has given good gains in previous cycles, review it and post a comment.
Analysis
The low visibility of the last post I made is incredible, it takes a lot of effort and it does not have the scope of visibility that I would like, if you know the way to make it more visible to the community.
Do you know of a community that may appreciate tectonic analysis, please let me know, thanks.
The low visibility is also attributed to the little interest of retail investors, when it is at 60,000 there they will have more interest and it will be too late to get good entry prices in Bitcoin.
What do you think
Leave your comment, thank you !!!
READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are. Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment. If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.
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Bitcoin (BTC/USD) Up!!! Bang!! Bang!!. Rompe canal. Cambio de Estructura del Mercado
Veremos la estructura del precio, fibonacci y Gaussian Channel a punto de romper. Sigue leyendo
Bitcoin rompe canal
Ayer hice un post ya mencionando el posible rompimiento del canal
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Hoy Bitcoin rompe canal y cambia la estructura a corto plazo de bajista a alcista.
%2010.49.02.png)
Marcando maximos a corto plazo mas altos
Dominancia
Bitcoin sigue al alza en la dominancia
Rompio al alza el 50%, cifra importante a nivel psicologica y en este momento se encuentra en 51,25%
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Los inversores institucionales estan comprando Bitcoin
Vemos subidas en las Alcoins pero en menor medida que Bitcoin.
Importante ver si la dominancia sigue subiendo en correcciones, lo que daria por entender que las alcoins pueden seguir retrocediendo con restpecto a bitcoin
Fibonacci
Sigue al alza el dia de hoy. Al momento de hacer este post Bitcoin ya supero los 29000 dolares.
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Pensar que hace una semana estaba en 25000 y algunos analistas segun sus analisis decian que bitcoin llegaria a 20000 o menos. que piensas?
Les dejo el analisis de Bitcoin Fibonacci to 63000
El rompimiento del canal podria indicarcon que la correccion a mediano plazo podria esta completa.
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Si medimos por fibonacci, todo el ciclo alcista, solo corriguio un 38%, lo cual indicaria o que falta correccion o que el impulso de bitcoin seria muy alcista a largo plazo. Que piensas?
%2011.13.15.png)
Si aplicamos ondas de elliot podriamos estar completas las primeras 5 ondas de la onda 1, del gran impulso al alza, como asi su correccion. (ondas 2)
Si medimos, la onda 3 estaria dando, en el 2,63 de extensiones de fibonacci, por el objetivo de los 63000 dolares.
%2010.54.11.png)
Analizando una linea temporal, podriamos llegar al objetivo, para finales del 2023, comenzando luego una nueva correccion, hasta mayo fecha posible del halving, que piensas?
Gaussian Channel
Algo importante se esta dando en el grafico de Bitcoin con respecto al Gaussion Channel grafico semanal
%2009.27.40.png)
Esta a punto de romper al alza.
Esto seria muy bueno para la estructura alcista del precio en Bitcoin
Cuando ha roto al alza ha dado buenas ganancias en ciclos anteriores, revisalo y pon un comentario.
Analisis
Es increible la poca visibilidad de los ultimos post que hice, lleva mucho esfuerzo y no tiene el alcance de visibilidad que me gustaria, si conoces la forma de hacerlo mas visible para la comunidad.
Conenes alguna comunidad que puede apreciar analisis tectnico, por favor comentamelo, gracias.
La poca visibilidad tambien lo atribuyo al poco interes de los inversores minoristas, cuando este a 60000 ahi tendran mas interes y ya sera tarde de conseguir buenos precios de entrada en Bitcoin.