Will the Springtime for Bitcoin Come?

Bitcoin is currently holding at $66,800. While it feels like a slight dip compared to yesterday, it is still in an upward trend on the moving average, and according to Elliott Wave Theory, it is in the second wave, indicating that there is still considerable strength left. The fact that trading volume hasn’t changed explosively … Read more

Bitcoin’s Bull Run: Where Will It End?

Bitcoin continues to surge, showing remarkable resilience in the market. After briefly dipping to $65,000, it has once again surpassed the $67,000 mark. This unyielding strength leaves many questioning if Bitcoin’s ascent will ever falter. The remarkable price increase began with Trump’s presidential campaign and has since evolved into an ongoing rally, creating a sustained … Read more

Is Bitcoin Running Towards Its All-Time High?

Bitcoin continues its impressive rally. Currently surpassing $66,000, it is following the expected bullish trend. After encountering some resistance on July 17th and briefly retreating to $53,000, it quickly rebounded on July 19th and is once again heading towards its all-time high. The chart is beautifully illustrating this upward movement. Ironically, individual purchases on exchanges … Read more

Analysis of Bitcoin Price Surge Driven by Trump’s Influence

Bitcoin has surpassed $64,800. Just a few hours ago, Bitcoin reached $66,000, sparking discussions about whether it might recover its previous all-time high of $72,000. The strong upward momentum is attributed to the impact of Trump’s candidacy, and the trend shows no signs of slowing down. The AI chart predictor has successfully forecasted the rise … Read more

Anxiety in a Perfect Chart: Bitcoin Predictions and the Impact of Variables

Bitcoin is holding steady at $58,000. The chart is impressively well-formed, almost too good to be true. Yesterday’s prediction had a 60% probability and turned out to be correct. Today has the advantage of being a weekend. Strangely, Bitcoin tends to take a breather on Saturdays. As a result, it tends to gain upward momentum … Read more

Navigating Bitcoin’s Fluctuations: Analysis and Predictions

Bitcoin has been fluctuating around $57,000. Since breaking below $60,000, the graph shows a slow downward trend. As previously predicted, it continues to fluctuate around the same level without showing a clear direction yet. According to the AI chart predictor, there is a 70% chance of a price decrease in the next 24 hours. However, … Read more

Bitcoin Price Prediction for June 29

The price of Bitcoin has slightly declined as expected yesterday, and its movement has slowed down. If it were up to me, I would not invest until June 30th. From now on, the only movements left are likely to be for consolidation. The price is moving weakly below the moving average, and if I were … Read more

Bitcoin’s Descent to $60,000 : Analyzing Weak Trends and Predicting Further Declines

Bitcoin has indeed declined as expected. The worst type of chart is one that flows weakly downwards, and Bitcoin has exhibited this behavior, eventually crashing down to $60,000. Currently, on the weekly candlestick chart, it is touching the weekly moving average and has reached the resistance level. Typically, a slight rebound occurs at this stage. … Read more