Bitcoin’s Exemplary Movements. A Market Trend Toward Predictability

Bitcoin has slightly decreased without any special movements. Currently, there seem to be no dominant forces, and Bitcoin’s movements are very straightforward. Even on the one-hour chart, it adheres well to the resistance and support lines, and the waveform movements are also very honest. Typically, Bitcoin’s movements involve many sudden variables, making it challenging, but … Read more

“Bitcoin’s Subtle Decline: A Possible Prelude to an Upward Surge?”

Bitcoin has experienced a slight decline, currently hovering around $62,400. Despite being the second week of May, there’s still no significant movement, suggesting that it might not be the right time yet. What’s different about Bitcoin now compared to before is that, previously, it did not align well with news or rumors. For instance, in … Read more

Bitcoin’s Sideways Movement: Analyzing the Tense Market Before the Next Big Shift”

Bitcoin is currently experiencing a period of consolidation, hovering around $63,500 with minimal fluctuations, typically ranging between 1-3 percent. This type of market behavior is often a precursor to a significant price movement. When the market seems poised to move in one direction, it often shifts in the opposite direction. This makes it a critical … Read more

Reduced Volatility in Bitcoin: Navigating Market Predictions at the Intersection of ETF Listings

Bitcoin has risen to $59,000. On the hourly chart, it has gradually risen after breaking through the moving average. I expected it to move sideways yesterday, but it rose more than expected. May might see significant monthly movements. Since the monthly chart is just beginning, it’s important to remember that changes in the chart’s range … Read more

Sideways Movement Following Predicted Rebound

Bitcoin has indeed rebounded as expected and then started to fall again. It reached up to $59,500 after touching the resistance line and support line and is now dropping. It seems like my luck has been good these past few days, as Bitcoin’s movements have matched my predictions. As the Bitcoin price falls, interest seems … Read more

2024.05.01 Predicting Tomorrow’s Price Amidst Ongoing Decline

Bitcoin has broken through $60,000. As much as a significant drop was anticipated, it feels like the direction is now clear. Currently, it’s at $57,000, but rather than plunging directly downward, there’s a high chance it might pause. If it touches near $60,000 again before dropping, it will gain considerable momentum. As I’ve been predicting, … Read more

Bitcoin Through Charts: It’s Just a Game of Probability. Tomorrow Will Be Sideways

From today, I’ll start by discussing whether the prices I previously predicted were accurate. Blog posts that simply state prices could go up or down aren’t very helpful. It’s better to indicate whether the direction is likely to be upwards or downwards. Experts often mention both directions, and technically, they aren’t wrong to do so. … Read more